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Australian property crash

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rusty nails View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote rusty nails Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 3:56pm
Hahahaha

Hey dummy, did you read those 2 articles before you coloured them in?

You know they both quoted the same vested interest?

Pop quiz, what did the treasury say about it?

Did you even read the pink bits you coloured in?

Paraphrased “it’s gunna be apocalyptic or maybe a slight decrease”


# comprehension fail, again.......
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 4:25pm
Originally posted by Dr E Dr E wrote:

<h1 ="story-line" style="-sizing: border-; border: 0px; font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 41px; line-height: 43px; font-family: "Unit Slab Pro Bold", "Times New Roman", Times, serif; margin: 10px 8px 25px; padding: 0px; vertical-align: middle; display: inline-block;">How about asking a professional, rather than a professional parasite?Approve</h1>
<h1 ="story-line" style="-sizing: border-; border: 0px; font-variant-numeric: normal; font-variant-east-asian: normal; font-weight: 400; font-stretch: normal; font-size: 41px; line-height: 43px; font-family: "Unit Slab Pro Bold", "Times New Roman", Times, serif; margin: 10px 8px 25px; padding: 0px; vertical-align: middle; color: rgb41, 41, 41; display: inline-block;">Property expert hits back at Labor’s controversial negative gearing policy
</h1><span style="color: rgb41, 41, 41; font-family: LiberationSerifRegular, "Times New Roman", Times, serif; font-size: 19px; font-weight: bold;">IT’S been touted as the solution to our crashing housing market — but critics say it could be “an economic disaster in the making”.</span>

<p ="deion" style="-sizing: border-; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-stretch: inherit; line-height: 23px; font-family: LiberationSerif, "Times New Roman", Times, serif; font-size: 19px; margin: 0px; padding: 0px 0px 14px; vertical-align: line; overflow-wrap: break-word; color: rgb38, 38, 38;">ONE of Australia’s most outspoken property experts has issued a dire warning for Labor, insisting the party could “destroy the property market”.

<div ="story-" style="-sizing: border-; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-stretch: inherit; line-height: inherit; font-family: sans-serif; font-size: 16px; margin: 0px; padding: 0px; vertical-align: line; color: rgb41, 41, 41;"><p style="-sizing: border-; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: 23px; font-family: LiberationSerif, "Times New Roman", Times, serif; font-size: 19px; margin: 0px; padding: 0px 0px 14px; vertical-align: line; color: rgb38, 38, 38;">Last week, Prime Minister Scott Morrison told news.com.au the ALP’s vow to limit negative gearing to newly built homes would actually “invite a housing market crash”.

<p style="-sizing: border-; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: 23px; font-family: LiberationSerif, "Times New Roman", Times, serif; font-size: 19px; margin: 0px; padding: 0px 0px 14px; vertical-align: line; color: rgb38, 38, 38;">The policy is at the core of the Labor’s housing proposals — and negative gearing policy is expected to be one of the major issues at the heart of the next federal election.

<span style="color: rgb38, 38, 38; font-family: LiberationSerif, "Times New Roman", Times, serif; font-size: 19px; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;">Now, property investor and author Bushy Martin has weighed into the divisive debate, claiming Labor’s plan could end up decimating our already ailing housing market.</span>

<p style="-sizing: border-; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-stretch: inherit; line-height: 23px; font-family: LiberationSerif, "Times New Roman", Times, serif; font-size: 19px; margin: 0px; padding: 0px 0px 14px; vertical-align: line;"><b style="">“This is an economic disaster in the making and is the only real current threat that has the potential to destroy the property market and slash the value of everyone’s homes,” he told news.com.au.

<span style="font-family: LiberationSerif, "Times New Roman", Times, serif; font-size: 19px;">“Given that over 50 per centof the average Australian’s wealth is in their home, <b style="">this will kill the long-term financial future of most hardworking Aussies.</span>

<span style="font-family: LiberationSerif, "Times New Roman", Times, serif; font-size: 19px;"><b style="">“The naivety of Labor … is staggering in its ignorance — this is more surprising given that former Labor Prime Minister Paul Keating made the same mistake in removing negative gearing back in the ’80s only to overturn and reinstate it 18 months later when property values fell and rents started rising rapidly.It appears the only thing we learn from history is that we don’t learn from history.”</span>

<p style="-sizing: border-; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-stretch: inherit; line-height: 23px; font-family: LiberationSerif, "Times New Roman", Times, serif; font-size: 19px; margin: 0px; padding: 0px 0px 14px; vertical-align: line; color: rgb38, 38, 38;">Mr Martin said the policy would have serious consequences for the majority of Australians.

<p style="-sizing: border-; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-stretch: inherit; line-height: 23px; font-family: LiberationSerif, "Times New Roman", Times, serif; font-size: 19px; margin: 0px; padding: 0px 0px 14px; vertical-align: line;"><b style="">“I implore the Labor Party to stop pursuing ill-conceived kneejerk policies aimed at satisfying the squeaky wheel few that will have unforeseen impacts on the many,” he said.

<p style="-sizing: border-; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-stretch: inherit; line-height: 23px; font-family: LiberationSerif, "Times New Roman", Times, serif; font-size: 19px; margin: 0px; padding: 0px 0px 14px; vertical-align: line; color: rgb38, 38, 38;">“The Labor Party needs to stop dancing to the tune of the politically correct vocal minority and get out and actually talk to a broad cross-section of the industry which will quickly educate them on the myopic madness of their proposed tax changes which will be equivalent to a tax revolution.

<p style="-sizing: border-; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-stretch: inherit; line-height: 23px; font-family: LiberationSerif, "Times New Roman", Times, serif; font-size: 19px; margin: 0px; padding: 0px 0px 14px; vertical-align: line;"><b style="">“If the Labor Party pursues this kamikaze path, property values will plunge and trigger the economic ‘recession we did not have to have’.”

<p style="-sizing: border-; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-stretch: inherit; line-height: 23px; margin: 0px; padding: 0px 0px 14px; vertical-align: line;">[COLOR=#262626" face="LiberationSerif, Times New Roman, Times, serif]<span style="font-size: 19px;]https://www.news.com.au/finance/real-estate/buying/property-expert-hits-back-at-labors-controversial-negative-gearing-policy/news-story/9094edf8bc6c853942ea8e8d3190</span>[/COLOR]



               That should be read twice ....    It is like the 2010- 2012
Posts.    Similar crazy predictions .   just like the ones in 1985   and 1991etc ....     CYCLES
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Post Options Post Options   Thanks (0) Thanks(0)   Quote rusty nails Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 4:37pm
This is one of the “experts” whose words that the finger painter colours in.......
https://m.youtube.com/watch?v=BJXjDHSMPEw

#carnival spruiker,not economic modelling genius
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Whale Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 5:18pm
Originally posted by rusty nails rusty nails wrote:

This is one of the “experts” whose words that the finger painter colours in.......
https://m.youtube.com/watch?v=BJXjDHSMPEw

#carnival spruiker,not economic modelling genius

Embarrassed
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 5:23pm
Originally posted by rusty nails rusty nails wrote:

This is one of the “experts” whose words that the finger painter colours in.......
https://m.youtube.com/watch?v=BJXjDHSMPEw

#carnival spruiker,not economic modelling genius

           Your easily amused Rusty ..     Happy Mothers day
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Post Options Post Options   Thanks (0) Thanks(0)   Quote rusty nails Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 5:31pm
Hey,by all means you take advice off him.

Personally, I’d be pretty embarrassed triumphantly colouring in his words......
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 5:42pm
Originally posted by rusty nails rusty nails wrote:

Hey,by all means you take advice off him.

Personally, I’d be pretty embarrassed triumphantly colouring in his words......


      I'm right into these long term investments Rusty.

I'm in the other CYCLE certainty ...   

      You may be able to Help ,    What will I save by cremation ,
compared to other avenue's .

       True story =     I did get a quote last week ,    NO extras,
$2,600 for     > They pick up the Body and the kids pick up the ashes ..
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 5:47pm
Re-cycle maxie
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 5:52pm
Originally posted by Passing Through Passing Through wrote:

Re-cycle maxie

               I gave that idea away when someone else did it.

                 Whale can tell you more
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Post Options Post Options   Thanks (0) Thanks(0)   Quote rusty nails Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 5:54pm
Originally posted by maccamax maccamax wrote:

Originally posted by rusty nails rusty nails wrote:

Hey,by all means you take advice off him.

Personally, I’d be pretty embarrassed triumphantly colouring in his words......


      I'm right into these long term investments Rusty.

I'm in the other CYCLE certainty ...   

      You may be able to Help ,    What will I save by cremation ,
compared to other avenue's .

       True story =     I did get a quote last week ,    NO extras,
$2,600 for     > They pick up the Body and the kids pick up the ashes ..

Then you shouldn’t be buying green bananas these days......

You get a quote that didn’t include the kids picking up the ashes?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 5:58pm
I think they want to make sure he has gone Rusty

Mine just bought a bigger composter and plan to keep the death insurance money for a holiday. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 6:00pm
Originally posted by rusty nails rusty nails wrote:

Originally posted by maccamax maccamax wrote:

Originally posted by rusty nails rusty nails wrote:

Hey,by all means you take advice off him.

Personally, I’d be pretty embarrassed triumphantly colouring in his words......


      I'm right into these long term investments Rusty.

I'm in the other CYCLE certainty ...   

      You may be able to Help ,    What will I save by cremation ,
compared to other avenue's .

       True story =     I did get a quote last week ,    NO extras,
$2,600 for     > They pick up the Body and the kids pick up the ashes ..

Then you shouldn’t be buying green bananas these days......

You get a quote that didn’t include the kids picking up the ashes?


   Green Bananas.     Very true , gets tougher by the day
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 6:03pm
Originally posted by maccamax maccamax wrote:

  

               That should be read twice ....    It is like the 2010- 2012
Posts.    Similar crazy predictions .   just like the ones in 1985   and 1991etc ....     CYCLES

The difference macca, is the artificial manipulation by the ALP/Greens tinkering with what they know nothing about, will exacerbate the natural cycle and set the country back $500 Billion ... when you burn your wealth like that, you never get it back, and everyone suffers ... the Socialists think that it's OK, just print more money!Wacko
In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote rusty nails Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 6:08pm
The finger painter channeling his inner Dennis Denuto with his “research”

Tell us again how you calculated this big scary number???

It’s the vibe.......
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Post Options Post Options   Thanks (0) Thanks(0)   Quote rusty nails Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 6:12pm
Originally posted by rusty nails rusty nails wrote:

Soooo,
You want me to calculate something that I say is a figment of your imagination.......

You really don’t understand logic.

Just focus on why it’s going to devastate the market,when you say it’s easily avoided.

If you can’t do that, then show how it devastated the market when it was introduced in 1985.
If you can’t do that, then show how the market went berserk when the concession was established in 1999.
If you can’t do that, then tell us where all the investment money is going to be directed to avoid the non concessional CGT.

Hey dummy!
Any luck answering these simple questions yet?
Can you tell us what the Mother’s Day gift your “expert” gave you?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 6:13pm
Image result for hockeynomics
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Post Options Post Options   Thanks (0) Thanks(0)   Quote JudgeHolden Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 6:15pm
People usually give up on Doc’s drivel out of sheer boredom. Rusty’s not bored yet

You’re so far out of your depth here Doc it’s not funny...actually it is.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 6:15pm
Originally posted by rusty nails rusty nails wrote:

Hahahaha

Hey dummy, did you read those 2 articles before you coloured them in?

You know they both quoted the same vested interest?

Pop quiz, what did the treasury say about it?

Did you even read the pink bits you coloured in?

Paraphrased “it’s gunna be apocalyptic or maybe a slight decrease”


# comprehension fail, again.......

All you have to do is quantify it, I have!Big smile

It will cost the country $500 Billion AT LEAST. 

You COULD prove me wrong ... tell everyone how much a "slight decrease" works out to be!

Bulgelati Bill and Bulgelati Bowen don't know, do they?

If they knew, they would tell the public, wouldn't they?

I mean, if it was a "slight decrease" why not plaster the number all over the side of a Red BUS?

Too many zeros?

I know you're not capable of working this out, and it is what makes it frankly hilarious watching you and Whale floundering in the kiddies pool, and nobody is tossing you a floaty ... CNNPT is steering well clear of this one!LOLLOLLOL.
In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 6:16pm
Originally posted by Passing Through Passing Through wrote:

I think they want to make sure he has gone Rusty

Mine just bought a bigger composter and plan to keep the death insurance money for a holiday. 


Your not far out PT.        I'm sure they would like to beat inflation.

I was going to beat them by marrying again but the ladies said they didn't need the money that bad.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote rusty nails Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 6:18pm
Originally posted by rusty nails rusty nails wrote:

Originally posted by rusty nails rusty nails wrote:

Soooo,
You want me to calculate something that I say is a figment of your imagination.......

You really don’t understand logic.

Just focus on why it’s going to devastate the market,when you say it’s easily avoided.

If you can’t do that, then show how it devastated the market when it was introduced in 1985.
If you can’t do that, then show how the market went berserk when the concession was established in 1999.
If you can’t do that, then tell us where all the investment money is going to be directed to avoid the non concessional CGT.

Hey dummy!
Any luck answering these simple questions yet?
Can you tell us what the Mother’s Day gift your “expert” gave you?

Hey dummy!
Struggling with the concept of answering some easy questions?
Remember,no crayons,no cut & pastes no silly pictures.....
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 6:25pm
Originally posted by JudgeHolden JudgeHolden wrote:

People usually give up on Doc’s drivel out of sheer boredom. Rusty’s not bored yet

You’re so far out of your depth here Doc it’s not funny...actually it is.

You could tell us then Judge, and put me in my place!Tongue

How much is this "small decrease" in property values that the ALP has promised us?Confused

Please let us know before they get into power and rape the economy to death.Dead

Whale and rusty only have 38 fingers and toes between them (or 42, I'm never quite sure what species they are?), so they will be FOREVER!Embarrassed 

... however, I know that you are the edjumicated mini me, so you could probably work it out before Christmas!Big smile

Any number close to $500 Billion will be a pass.

Thanks in anticipation!Thumbs Up 
In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote rusty nails Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 6:28pm
Originally posted by rusty nails rusty nails wrote:

Originally posted by rusty nails rusty nails wrote:

Originally posted by rusty nails rusty nails wrote:

Soooo,
You want me to calculate something that I say is a figment of your imagination.......

You really don’t understand logic.

Just focus on why it’s going to devastate the market,when you say it’s easily avoided.

If you can’t do that, then show how it devastated the market when it was introduced in 1985.
If you can’t do that, then show how the market went berserk when the concession was established in 1999.
If you can’t do that, then tell us where all the investment money is going to be directed to avoid the non concessional CGT.

Hey dummy!
Any luck answering these simple questions yet?
Can you tell us what the Mother’s Day gift your “expert” gave you?

Hey dummy!
Struggling with the concept of answering some easy questions?
Remember,no crayons,no cut & pastes no silly pictures.....

Hey dummy!
Still pretending your right when you can’t answer these basic questions.
Methinks you have no idea .......
# playing chess with a pigeon......
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 6:28pm
Don't worry macca, all you need to do is outlive the Donald, and all your dreams could come true!Heart
In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 6:31pm
Originally posted by Dr E Dr E wrote:

Off you fcuk now!Wink

I thought I had!Big smile
In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 7:40pm
Originally posted by Dr E Dr E wrote:

Don't worry macca, all you need to do is outlive the Donald, and all your dreams could come true!Heart


   You are unreal DOC .    Apart from your expertise in the investment areas

. ====        YOU ARE A MIND READER
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Post Options Post Options   Thanks (0) Thanks(0)   Quote rusty nails Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 8:58pm
Originally posted by rusty nails rusty nails wrote:

Originally posted by rusty nails rusty nails wrote:

Originally posted by rusty nails rusty nails wrote:

Originally posted by rusty nails rusty nails wrote:

Soooo,
You want me to calculate something that I say is a figment of your imagination.......

You really don’t understand logic.

Just focus on why it’s going to devastate the market,when you say it’s easily avoided.

If you can’t do that, then show how it devastated the market when it was introduced in 1985.
If you can’t do that, then show how the market went berserk when the concession was established in 1999.
If you can’t do that, then tell us where all the investment money is going to be directed to avoid the non concessional CGT.

Hey dummy!
Any luck answering these simple questions yet?
Can you tell us what the Mother’s Day gift your “expert” gave you?

Hey dummy!
Struggling with the concept of answering some easy questions?
Remember,no crayons,no cut & pastes no silly pictures.....

Hey dummy!
Still pretending your right when you can’t answer these basic questions.
Methinks you have no idea .......
# playing chess with a pigeon......

Hey dummy!

Still can’t think of any answers to these simple questions?
Run out of carnival spruikers to quote?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Isaac soloman Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 10:19pm
you talking to yourself rust?

how embarrassingLOL
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Post Options Post Options   Thanks (0) Thanks(0)   Quote rusty nails Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2018 at 10:27pm
Originally posted by Isaac soloman Isaac soloman wrote:

you talking to yourself rust?

how embarrassingLOL

This from our lobotomised dicky knee......

Someone doesn’t understand irony .........

Maybe you can help your mate out?
Got any answers to those easy questions?
Just joking,we all know your issues.

A mate always told me,no matter the size of the crowd,two fools will always find each other.seems he’s right again.
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Dr E View Drop Down
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Joined: 05 Feb 2013
Location: Australia
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 18 Nov 2018 at 1:47am
HahahaLOL! .. rusty and Whale, sitting in a tree K-I-S-S-I-N-G! ... a match made in mediocrity!!!Sick

... ah yes, a "mate" you say? ... now everyone knows it's just another load of bullgelati. Embarrassed

That's right, $500 Billion you feeble minded jerk off!Thumbs Up

Related image
In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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ExceedAndExcel View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ExceedAndExcel Quote  Post ReplyReply Direct Link To This Post Posted: 18 Nov 2018 at 7:32am
Love the constant profanity. “Jerk off” “fcuk off” “dick head”. Certainly adds to the intelligence level.
Shades of that mental titan Beliskner.
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