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vyelkin posted:Yeah, I know somebody who was recently out jogging in Thunder Bay and got hit by a 90-year-old driver who was apparently blind enough he couldn't see her crossing a green light and turned left, right into her. The last time this happened*, the pedestrian was blamed for not wearing giant reflective flashing lights and screaming and waving to the driver, and also not ninja flipping out of the way. *And every single other time too
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# ? Jan 19, 2016 01:03 |
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# ? May 15, 2024 18:06 |
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THC posted:Moody's Investors Service has changed its outlook on the Alberta economy from "stable" to "negative" and says the situation will get worse unless the province's NDP government takes action. Maybd they mean time travel and the government of 2010 needs to take action?
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# ? Jan 19, 2016 01:10 |
When I was in grade 11 a 9th grader got hit by an old person on the way to class... to leave the staff parking lot (the dude wasn't staff so who knows why he was in there) you have to go through a crosswalk that linked both sides of the school that kids always used, it was in between classes, he tried to stop but pressed the gas instead and went right into her. Luckily she got away with just a few broken bones. Just before I left Australia an old dude did the same thing to a lady pushing her 1-year-old baby in a mall parking lot, pinned her against the wall and she died. You haven't truly lived among the old people until you've seen someone literally driving on the white line separating lanes doing 30 in a 60 zone.
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# ? Jan 19, 2016 01:48 |
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Haha, poor CI is sitting on the outside watching a bike conversation without him.
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# ? Jan 19, 2016 02:04 |
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vyelkin posted:Or, in other words, "Conservatives claim they can wave a magic wand and make oil $100 a barrel again". Or, in other other words, Rona Ambrose should just cut to the chase and ask for OAS to be paid partially in cat food.
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# ? Jan 19, 2016 02:07 |
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THC posted:Moody's Investors Service has changed its outlook on the Alberta economy from "stable" to "negative" and says the situation will get worse unless the province's NDP government takes action. Forgive my stunning ignorance, Why cant provinces just take a loan from the bank of Canada and avoid all this credit rating as a means of austerity bullshit that Moodys and the world bank likes to put forth as sound fiscal strategy? We've proven time and time again austerity during an economic crisis further exacerbates the issue because you cant start cutting holes in the social safety net when you have more people falling into it. I hate bankers.
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# ? Jan 19, 2016 02:38 |
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The older, experienced Conservatives want to sit down and "check the books" with Trudeau, slowly going over things step by step to make sure he's got it right, gently guide him to the right answer. But seriously, saying that oil companies are investing in Alberta NOT BECAUSE OIL IS DOWN but because they're scared of possible environmental laws and higher taxes is dumb as poo poo, Rona Ambrose is just a shillier female Harper, the Conservatives are bullshit. apatheticman posted:We've proven time and time again austerity during an economic crisis further exacerbates the issue because you cant start cutting holes in the social safety net when you have more people falling into it. lol they don't want to solve problems for Canada, just their own In that interview, for example, she talked about cutting taxes and putting money in the pockets of Canadians instead of gov spending, but what she really said was corporate tax breaks Professor Shark fucked around with this message at 02:45 on Jan 19, 2016 |
# ? Jan 19, 2016 02:39 |
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apatheticman posted:Forgive my stunning ignorance, -That'd cause inflation. Maybe the central bank printing 10 billion a year to lend out wouldn't by itself be the worst thing ever, but the knowledge that there's an unlimited amount of money that governments could just tap into to finance their deficit spending would send inflation expectations (and therefore inflation itself) through the roof. -We like our central banks to be independent of the government itself in order to take objective decisions about how to fulfill their mandate, and having the central bank serve as lender to the government really highly problematises that relationship and jeorpadises that independence.
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# ? Jan 19, 2016 02:46 |
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apatheticman posted:Forgive my stunning ignorance, Loaning money from the BoC is essentially printing money and promising that in the future you will remove that same amount of money from circulation. It causes inflation now with the promise that you will deflate your currency later. On the other hand, borrowing money from a separate financial institution is, in theory, borrowing money from someone that already has that money, not someone that is creating that money out of thin air for you to borrow, which does not cause inflation but does cost interest. Right now, interest rates are the lowest they have ever been and are in fact below the rate of inflation, even for provinces and governments with poor credit ratings (because credit ratings are total bullshit and everyone knows it). There has literally never been a better time in modern human history to borrow money (as a government), because when interest rates are below the rate of inflation the creditor is paying you to borrow money from them. I.e. I borrow $1m in 2016 dollars at 1% interest for one year, and I spend that $1m on some kind of investment, maybe a road or a bridge or a university or a high speed rail line, something that will generate economic and social benefits in the future. Over the next year, inflation is 2%. One year later, I repay $1.01m in 2017 dollars to my lender. But I have gained $1.02m worth of benefit in 2017 dollars from that investment. By comparison, the creditor has lost money in this transaction, because the amount of money they received at the time the loan was repaid is worth less than the amount of money they loaned in the first place. In a sense, the lender has paid me $10,000 to hold onto their million dollars for a year, because as a government I was a very safe place to store their money in a time of risk. So right now there's no reason not to borrow money from established non-BoC lenders. On the other hand, as Pinterest Mom pointed out, loaning from the BoC causes some inflation in the moment and sets a precedent that we are willing to print money (that may or may not be taken back out of circulation later) to cover deficit spending, which is a cause of greater inflation in the long run.
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# ? Jan 19, 2016 02:58 |
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Let's all take a moment to point and laugh at NewLeaf, the "airline" that can't be bothered to obey basic operating requirements. I hope Transport Canada metaphorically fucks their chocolate starfish.
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# ? Jan 19, 2016 03:42 |
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Legit Businessman fucked around with this message at 16:51 on Sep 9, 2022 |
# ? Jan 19, 2016 04:03 |
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On the topic of our terrible car oriented society and pedestrian/cyclist deaths:quote:It Will Soon Be More Expensive To Jaywalk Than To Drink And Drive In Nova Scotia
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# ? Jan 19, 2016 04:51 |
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gently caress the Maritimes.
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# ? Jan 19, 2016 04:52 |
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Femtosecond posted:“The punishment has to be proportional to the crime committed,” he said.
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# ? Jan 19, 2016 04:53 |
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People we elect to government are often shockingly dumb, but I guess from his perspective at least it gets his name in the paper.
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# ? Jan 19, 2016 04:55 |
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The headline is stretching the truth a bit. Out of curiousity (it is buzzfeed after all) I looked up the Nova Scotia drunk driving penalties.quote:Penalties in Nova Scotia So I guess technically if you got the minimum fine of $600, your fine is less than the jaywalking fine, but there's the additional costs of $455 and $124.
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# ? Jan 19, 2016 04:55 |
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When it comes to pedestrian safety/rights/victim blaming a lot of places are really still in the "let's fine women for wearing short skirts to help stop sexual assault" sort of mindset. Boys will be boys, drivers will be drivers. Just get the victims to protect them selves and stop "risky behavior" like not covering them selves in flashing LED's and setting up a series of real time camera feed drones around the intersection before crossing on a walk signal, anything less would be the pedestrians own fault for "not taking responsibility for their own safety"
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# ? Jan 19, 2016 04:56 |
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Femtosecond posted:On the topic of our terrible car oriented society and pedestrian/cyclist deaths: Sounds like one of ISIS' strategies for raising operating funds in their occupied territories - fines for everything, all the time! When Nova Scotia starts issuing fines for beard length it's time to start the bombing.
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# ? Jan 19, 2016 04:58 |
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Pinterest Mom posted:Two things: In theory there's no reason that government's couldn't use taxes to control demand and prevent inflation from overheating the economy. I mean we already know based on the last 50 years that governments are willing to implement austerity in some circumstances. quote:-We like our central banks to be independent of the government itself in order to take objective decisions about how to fulfill their mandate, and having the central bank serve as lender to the government really highly problematises that relationship and jeorpadises that independence. Oh come on man. There's no such thing as objectivity in economics and even if there was there's no way our central banks would pass the test. The Bank of Canada is and always has been a political actor. Not to say that your answer is baseless as I do agree you outline some genuine concerns but you're giving an extremely technocratic analysis of something that I would suggest is also a deeply political question relating to the power of business and especially finance. There's a crucial divide in our society between people whose income derives from their ownership of capital (land, machinery, buildings, patents, copyrights, etc.) and the much larger population of people whose income comes from selling their labour on the market place. In the long term the government tends to be biased toward the concerns of the capital owners, and those people tend to like small government. A big government is more inclined to regulate private business and a generous government safety net reduces the disciplinary power of the marketplace and thereby raises labour costs. So even if businesses don't pay for social programs through taxes they pay for them by having to offer higher wages and salaries. On top of this there is of course the very powerful finance industry which has a vested interest in continuing to profit off of loaning money to various levels of government. The point being that there's a pretty serious question about power and influence here that goes beyond any technocratic questions about inflation.
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# ? Jan 19, 2016 05:07 |
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Let's just do a liquid asset capture, if you've carried a significant cash balance over 2 years, the government gets to use it at bond rates. It'd be funny. apatheticman fucked around with this message at 05:14 on Jan 19, 2016 |
# ? Jan 19, 2016 05:11 |
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J.J. McCullough posted:http://looniepolitics.com/opposition-radical-islam-must-define-canadian-conservatives/ Hadn't heard of this site so wasn't sure if it was satire or not until like halfway through. Really cool that some people in the political scene are looking at Trump and being like "hey this race war stuff really seems to turn some people on, we should totally try that here!" The Butcher fucked around with this message at 05:33 on Jan 19, 2016 |
# ? Jan 19, 2016 05:30 |
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J.J. McCullough posted:...our times don’t call for complex ideology as much as moral clarity. This seems a precarious position for a homosexual man to take, given the view of "moral clarity" on his sexuality as recently as the turn of the century. This is like Ezra Levant citing Canada's immigration policy in the 1930s as a positive model for today. infernal machines fucked around with this message at 05:52 on Jan 19, 2016 |
# ? Jan 19, 2016 05:44 |
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Conservative morality is now correct and there shall be no further revisions.
Juul-Whip fucked around with this message at 06:20 on Jan 19, 2016 |
# ? Jan 19, 2016 05:53 |
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Melian Dialogue fucked around with this message at 05:34 on Feb 2, 2016 |
# ? Jan 19, 2016 06:39 |
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At least he's not Milo Yiannopoulos
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# ? Jan 19, 2016 07:08 |
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Legit Businessman fucked around with this message at 16:51 on Sep 9, 2022 |
# ? Jan 19, 2016 07:14 |
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Trudeau can’t play the nice guy role forever Trudeau’s electoral reform dreams headed for collision with constitution Trudeau refugee policy trainwreck offers glimpse of his governing style Trudeau’s refugee plan is a reckless fantasy
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# ? Jan 19, 2016 07:45 |
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In theory I should support any attempts to broaden the Canadian media beyond the entrenched newspaper conglomerates that do poo poo like force journalist graduates to work as scabs. but not like this. not like this...
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# ? Jan 19, 2016 08:03 |
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It's tempting to want the Conservatives to go whole-hog RaHoWa and basically exile themselves to powerlessness for being the crazy racist uncle party, but a part of me worries that it'll actually loving work, especially if they get a leader who is charismatic enough. Given the right set of circumstances near the next election, like some kind of economic difficulty, or if the Europeans decide to go back to their time-honoured tradition of killing each other, a clever leader could find a way to blame it all on refugees and Muslims in general, and then we get swept into territory. That probably won't happen, but I sometimes fear it will.
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# ? Jan 19, 2016 08:24 |
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Dreylad posted:In theory I should support any attempts to broaden the Canadian media beyond the entrenched newspaper conglomerates that do poo poo like force journalist graduates to work as scabs.
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# ? Jan 19, 2016 13:39 |
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Patrick Brazeau was apparently found injured in his home last night. http://www.cbc.ca/beta/news/canada/ottawa/patrick-brazeau-injured-mayo-quebec-1.3409877 Don't die Brazman, we need you for the series finale of Duffy.
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# ? Jan 19, 2016 14:57 |
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And here's the senate advisory board https://twitter.com/kady/status/689464256207556608 Note: No politicians on the list.
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# ? Jan 19, 2016 16:14 |
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Canada excluded from a meeting of nations whose armies are relevant in the ISIS campaign. Let the handwringing begin.
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# ? Jan 19, 2016 16:15 |
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IMF downgrades Canada’s economic outlookquote:Canada will grow just 1.7 per cent in 2016 and 2.1 per cent in 2017, the IMF predicted in its World Economic Outlook update on Tuesday. Trudeau declines to address IMF’s pessimism for Canada quote:As Prime Minister Justin Trudeau prepared to head to Davos, Switzerland to mix with the world’s elite business and financial leaders, he ignored questions about the IMF’s downgrade of Canada’s economic outlook for the next year. Soild plan.
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# ? Jan 19, 2016 16:39 |
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Seat Safety Switch posted:Patrick Brazeau was apparently found injured in his home last night. Listening to this on the radio, it sounds like it was possibly a self harm event, based on the choice wording from police. Now, did he drink himself into a Rob Ford stupor and fall down some stairs or impale himself with a knife or what is the question.
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# ? Jan 19, 2016 16:59 |
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Helsing posted:In theory there's no reason that government's couldn't use taxes to control demand and prevent inflation from overheating the economy. That doesn't make sense as a solution. There's no world in which a government i, on the one hand needing to print money and borrow from the central bank to finance its spending, and on the other hand raising taxes and cutting spending to curb inflation. A government who's going to have to do that might as well just go ahead and run a surplus in the first place and save everyone a lot of headache. quote:Oh come on man. There's no such thing as objectivity in economics and even if there was there's no way our central banks would pass the test. The Bank of Canada is and always has been a political actor. The point about class warfare is, I think, entirely orthogonal to this particular issue.
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# ? Jan 19, 2016 17:10 |
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In order to borrow from ourselves, so to speak, we would need to withdraw from several international central banking organizations. This is because it is a condition of being in say, the bank of international settlements. Leaving such organizations, would in theory would make fiscal interactions abroad difficult, or at least strained.
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# ? Jan 19, 2016 18:46 |
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Didn't JJ vow to get out of (talking about) politics in the new year or something talking about how focusing on politics makes life miserable or whatnot
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# ? Jan 19, 2016 19:31 |
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http://www.cbc.ca/news/business/postmedia-job-cuts-1.3410497?cmp=rssquote:Postmedia cuts 90 jobs, merges newsrooms in Vancouver, Edmonton, Calgary and Ottawa I cannot wait for more opinions from the same newsroom.
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# ? Jan 19, 2016 19:59 |
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# ? May 15, 2024 18:06 |
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OSI bean dip posted:http://www.cbc.ca/news/business/postmedia-job-cuts-1.3410497?cmp=rss ef;b At least post the juicy, from Torstar, they must've loved posting this article. http://www.thestar.com/business/2016/01/19/postmedia-begins-making-job-cuts.html quote:However, the company is now aiming for cost reductions of $80 million by mid-2017 — up from its previous goal of $50 million in cuts by the end of 2017. 80 Editors != $50m Risky Bisquick fucked around with this message at 20:04 on Jan 19, 2016 |
# ? Jan 19, 2016 20:02 |