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SpeedFlex27

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Everything posted by SpeedFlex27

  1. Religion is the reason we are where we are now as a society. Almost every war was started because of religion. If we had no religion the world would be a much better place.
  2. This city has 1.6 million people & the worst facilities in North America. We have a multi billionaire who owns the Flames, Stamps, Warriors, Roughnecks & Hitmen. He refuses to spend any money on players or facilities. I've never seen such horrible ownership. It's certainly is terrible to see how things have turned out here in Calgary for once proud franchises like the Flames & Stamps. Edwards lives in Switzerland so he doesn't have to pay Canadian income tax. He refuses to lift a finger or spend a penny on anything. To me, Edwards is ******* scum.
  3. Where is LaPo anyway? He didn't sign on with TSN.
  4. No one in YYC cares because the shitty owner doesn't care.
  5. I believe every G20 country did what we did & I agree the Trudeau Liberals had to do something after restrictions were put in place. So, they came up with CERB. The criticism is that the Liberals have never stopped spending since. It's happening around the globe because every Western country did similar measures. They had no choice. You can't make people stay home & not help them financially. I can't speak for any other country other than Canada but the Libs have never stopped spending. That increases inflation.
  6. So then, you can't say all wars cause inflation. It's the borrowing of money on world markets by countries that don't have it & the servicing of those debts that cause inflation & ultimately higher interest rates. Look at the US & it's $31.4 trillion dollar plus debt & how the President has to go to Congress to make a deal with Congressional leaders to keep raising the debt ceiling to keep the us government going. The only reason the US economy doesn't collapse is because it's the biggest in the world.
  7. You keep spouting that it ain't this year or it ain't that year anymore. Fundamentals of economics never change. The B of C was buying TBbills & Govt bonds to create more money in the 80's just like they do today. We run up our long term debt to create more money & that debt has to be serviced with higher interest rates.
  8. Other teams making moves in coacing & mgmt & we just sit on our asses.
  9. What this description makes me think about is the Hood or "Projects" in Chicago, Detroit & New York. We need more housing yes, but if governments go & overbuild then there's the risk that the prices fall too fast & these housing units fall rapidly into derelection & disrepair. There has to be a balance & that's the hard part.
  10. Yes, 8% wasn't much, was it? With the convuluted way the CPI is figured out not including grocery prices in reality it's more like 14 & 15%. Prices are still out of control. They're not coming down.
  11. Not really. What war was going on in 1975-90 other than the Iran-Iraq war between the Iranians & Iraqis, The War in Afghanistan between the Russians & Afghanis & the short lived Gulf War? The Bosnian War in the 90's didn't negatively affect interest rates as I recall. Rates came down not up.
  12. Sadly, when we bought our house we thought we got a great deal!!! Thirty three years later, I just shake my head in disbelief.
  13. Yeah, well aware but here in Calgary the cost of a house was $82,000 in 1980. Our first house in Fairview (a suburb in YYC) in 1990 cost around $135,000. Our income was about $72,000 a year. Interest rate was 13.75%. So, the price was a little more than double our income but that god awful interest rate!!! How do you think that rate of 13.75% impacted our payments??? That interest rate would be very similar to today with prices 4 times higher. It was no picnic making mortgage payments. It was damned hard.
  14. I'm just saying for every action there's a equal & opposte reaction. Trudeau ramped up spending. Yeah, not saying it wasn't needed as people were forced to stay home with the health restrictions but then instead of cutting back as restrictions eased, the Libs kept spending, spending & spending. They're still spending. How can that not cause inflation? No, it's not the war in Ukraine. It's just papering the money supply.
  15. So, it was the 80's. Things haven't changed fundamentally with the economy in 40 years. The Canadian government increased the money supply during the pandemic & it resulted in higher inflation. The Bank of Canada raised interest rates to try to slow the money supply & the spending of credit to bring down inflation. So, same ****, different decade. We had to pay thru the nose to buy our first house. We never could have afforded higher payments had the rates not come down when we renewed. You also forget that salaries were a lot lower in 1990 than today. Back then, I was making $27.000 a year. The same job now pays almost $50.000. My wife's job as an RN has more than doubled since 1990.
  16. I just remember Super Bowl VI (I believe). The Cowboys beat the Dolphins 24-3. What I remember was after the game when CBS broadcaster Tom Brookshier tried to interview Cowboys Halfback Duane Thomas. Thomas was embroiled in a contract dispute with Dallas & had come to training camp that season with a huge chip on his shoulder. He refused to talk to his teammates & his coaches including Tom Landry that entire season. Thomas maintained that silence all season long. When Brookshier tried to interview Thomas in the victor's locker room, he did talk but gave very short gruff answers & brushed off Brookshier on national tv. He was accompanied in the locker room by Jim Brown who gave more weight to the answers Thomas made. I remember Brown being no more friendlier to Brookshier than Thomas was. He even ended the interview by saying Thomas would answer no more questions. I doubt if there was ever another football interview like that. Jump to 6:59 to see the interview.
  17. Yeah, same. Don't know why Noeller said what he did as Williams never trash talked the CFL. The guy was respectful when he played up here.
  18. Look back to the 70's & 80's with high inflation & high interest rates because of it. That should give you some idea. People were walking away from mortgage renewals of nearly 20% when 5 years earlier their mortgage rate was 5%. In 1990, we bought our first home with a 5 year rate of 13.75%. Luckily, rates were comimg down & our rates were less as the 90's & 2000's went on
  19. PVR? Or stream them later. I do that. Love the exodus from that network. Fox says she's not leaving.
  20. What the **** is wrong with you????
  21. Gonna be a **** show on Friday.
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