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sherpa

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Everything posted by sherpa

  1. Gold's value in dollars or any currency illuminate an economic truth, as do real estate, stocks or any asset. Those items are based on the value of a currency whose value is determined by governments with their fiscal policy. Never a good bet to hold assets in a gov determined value.
  2. Good Lord. This is a thread related to a Democrat running for Attorney General of a state who has called for the assassination of an elected official and his kids, and urinating on graves, and expressing pleasure at the parents witnessing the killing. Is there any reasonable human who would not call for him to withdraw? Don't change the subject. They are his words.
  3. Completely inadequate. I have never sent a text calling for killing people and their children, nor do I know anyone who has. This man should be off the ballot by tomorrow.
  4. I know the Sunday "Today Show" isn't quite as newsy as the weekday stuff, nut I think it is negligence that this hideous story wasn't mentioned. Living in Virginia, I saw one add late yesterday afternoon exposing these insane comments. I have a feeling that the in state Republican AG adds will be all over it. I have my doubts that it will bleed over into the Gov race, but the Dem candidate publicly responded immediately to distance herself.
  5. Having spent many days in legal issues with sailors, I would change the phrase to "nothing good happens after 8PM.
  6. Pay attention. I named what has become a 400% issue on this very site,
  7. False premise. I don't champion welfare for the rich, and never have. The welfare is that they pay a grossly disproportionate amount in income taxes, and that is not disputable. I don't have an issue with that at current rates, capital gains rates or deductibles. I do have an issue with policy that would change that and lead to the removal of investment capital.
  8. Just stop. The "little guy," depending on your definition of that, which is not clear, doesn't pay income tax. The overwhelming numbers are on the non little guy, and you can do the work yourself. It's easily found. Further, this country excels economically because people of means invest and provide capital for growth. This punish the investor class is suicidal, and thankfully, hasn't taken hold here, other than silly crap on social media and clueless politicians who have benefitted immensely from it.
  9. Are you serious? You think you can assign work here? There are three points I would make. 1.Tax law years ago had higher rates, but also included many more deductions. So comparing it to now is apples/oranges. 2. Back when the country was discussing a flat tax, and we were more cordial and respectful of each other, there was an agreed to number that if exceeded would diminish capital. 3. We waste an entire amount of time, energy and human capital avoiding tax. Entire industries are based on this, and it is non productive. Keep rates reasonable and don't double tax, and this amazing country will prosper. Go after those you don't like because they have contributed an amazing amount to this country, and are compensated accordingly, and you are fighting a battle you are going to lose, and hurting the nation.
  10. So are you suggesting we change the tax law? Screw around with this issue and see the consequences. I'm not sure your premise is correct. I am sure that when you get to a certain level of tax on income, you discourage work and productivity, and capital moves elsewhere. I used to know the figure but I believe it's less than 40%. The bottom line is always the same though. We have no revenue problem. We have a spending problem, and there is no valid argument.
  11. They do something smarter. They form entities that are not taxed at those rates and channel as much money into those as they can. Perfectly legal. That's how the entire Warren Buffet marginal rate vs his secretary discussion came about. The point is that it is a disincentive to work if marginal brackets exceed fairly well defined levels. Capital finds efficiency, and confiscatory rates cause it to move either into other instruments or off shore.
  12. Not sure what you mean here. There is a number that if income tax exceeds, it reduces investment and productivity. People simply don't work or invest in order to pay the government.
  13. Goodness. When you jack 3 trillion dollars into the economy, it's going somewhere, and that somewhere was housing and the market.
  14. Give up. Just stop. There is nowhere near the activity from them that there was prior to this administration. That includes the Houthis and Iran, who launched 300 attacks in one night against Israel that the US defended. We were spending billions and depleting weapons at an alarming and unsustainable rate putting up with the Biden policy of absorbing attacks, as well as extending ship after ship, which has an extremely negative impact on retention. It is pure ignorance to suggest that we are anywhere near that policy idiocy now.
  15. Ya. I do. If it would have been something more, it would not have been publicized, nor would include such a broad rank spectrum. Senior enlisted through flag is way too broad a range to do anything quietly. What I think is that was some pushback about recent changes, and there was bound to be, and the current SECDEF wanted to make sure there was no confusion of the direction.
  16. And those are the ones that made it. Biden's FAA appointee was so clueless he couldn't make it through Senate hearings, demonstrating such ignorance that even the Dems on that committee abandoned him. Another gem was a State Dept appointee to a high position who stated she was in favor of a "two state solution," in Israel. When asked over and over what that would look like, she had absolutely no clue.
  17. He wouldn't have been my choice, but...... The previous SECDEF, through the absolutely senseless Biden Admin refused the Carrier Task Force Commanders who pleaded to allow them to get offensive against the Houthis. Instead, they sailed around the Red Sea and Persian Gulf defending themselves and commercial shipping absorbing countless attacks that could have bee stopped, (as they almost all have now), at unbelievable and unjustifiable cost to the US taxpayer. If that was directed from above, as it undoubtedly was, he should have resigned. When he disappeared in Puerto Rico he should have been relieved.
  18. And there won't be, at least by me for three reasons. 1. It is irrelevant and rhetorical. 2. It is easily answered by anyone with a modicum of knowledge. DOD drones, the military application ones, are flown by two organizations. The Air Force and the CIA. If it's an AF drone flown by an officer, which is the norm, they are held to the same physical standard as other officers. If it's CIA, anyone's guess. 3. You seem to be under some impression that you can direct others to get answers for you. You have no such power or influence, certainly not over me. Dumb question not worthy of response. Do your own work and figure it out.
  19. You quote my post that answers your question and then ask me again?
  20. Recently listed. "Defiance Drone and Modern Warfare" ETF. It targets firms leading innovation in next-gen defense technologies, including AI-driven warfare, unmanned systems, electronic and communication warfare, intelligence and surveillance, space warfare, military cybersecurity, and robotics. Symbol "JEDI." Here's three "Loyal Wingman" drones being controlled by an F-18.
  21. The reality of having to attend this is dwarfed by the amount of time wasted on the various social training nonsense courses/lecture series/required training programs foisted upon military enlisted and officers in the last many years. Those were a constant source of complaint, and a total waste of time. The services have a significant problem in this regard, as people who promote this kind of stuff get themselves promoted, and eventually you have leadership that has no skill at warfare, just masters degrees, course completed certificates power point presentation expertise. Most recently, the promotion process has been corrupted by identity politics. Again, it has become a serious issue. Naming a Navy ship after a gay rights activist who did nothing of note in or for the Navy? Please.
  22. Another retired guy, per the claim, which doesn't matter 'cause the link doesn't work. Another goofy post.
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