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sherpa

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Everything posted by sherpa

  1. This is a generationally complex question. First, Taiwan produces an amazing amount the the world's semiconductor output. If that supply line is blocked, we're into an immediate economic debacle. The military question is just as complex. A recent war game scenario, based on Biden's expressed promise to defend Taiwan, had the Chinese preemptively striking US air assets on Guam and Kadena, Okinawa. That is gloves off war. The Chinese have created a military production infrastructure that far surpasses the US. They can produce ships at one third the time it takes the US, as the US is now down to four such facilities. The US still has far more military capability, but that is diminished by the the close nature of Taiwan to mainland China. This is not a good scenario.
  2. The New York Times economist is known as the perpetually wrong Paul Krugman. The same guy who stated the internet would be no more impactful than the fax machine, and that after electing Trump in 2016 the world would enter a recession we could not get out of. The man is a laughingstock.
  3. You have made it to the "too stupid to respond to."
  4. I'm getting it from the announcement that they were going to attempt it that was public information in the industry. It was laughed at from the beginning. The government does not simply change one word. They spend plenty of time and staff resources to eventually come up with this crap. That money, from their budget, could have been spent towards solutions to serious problems they have, but that's where we're, as companies cut flights into the New York area because of inadequate FAA resources. As an aside, the term "air missions," got considerable attention, since at least one major airline spent millions in training costs to eliminate the thought of "missions" from the thought process of what they do. This came as the result of a fatal crash. So.......the airlines spent a lot trying to eliminate that phrase/thought process, then the FAA hurls it out over the entire aviation industry, including drones. Great idea. Money well spent
  5. What you have linked to, and made your point on, is the end result of a project that involved many, many hours of staff work and millions of dollars. Laughed at in the industry while they were considering it, but that's what you get. It is simply the publication of the new term ruling, not anything related to how much that brilliance cost, and it was totally unnecessary and wasteful.
  6. Yet the FAA spent millions creating a 140+ page document explaining and promoting its program to change NOTAMS from meaning "Notice to Airmen," to "Notice to Air Missions" because their view was that "Airmen" was a sexist phrase. Ya. They spend their money wisely. Should be privatized.
  7. I took over as Treasurer of our Volunteer Fire Dept. They were keeping their cash reserves in the checking account bank's proprietary money market fund, which was yielding about 1% at the the time, now 3%, but not competitive. I transferred half those reserves into a 6 month cd at 4.75% and a one year at 4.95%. The other half of the funds, which we desired to be more liquid, I moved into the Schwab Value Advantage Money Fund, (SWVXX), which has a current yield of 4.66%, completely liquid. That fund is also where I keep our personal family cash in our trading account. Yields have certainly moved up rapidly with the past many months of Fed hikes.
  8. Not smart to put a timeline on how long to go after someone. Regarding Iraq, the US was going to stop committing to and supporting an endless no fly zone, so something had to happen.
  9. Disney deserved to be challenged. The Republican Party did not call for any boycott. BudLight did that all on their own. Still, a far better option than the other.
  10. I am fully aware of the status of this thing. I said it was "essentially" abolished since there is no question that the ceiling is not really a ceiling, since it's constantly changed. What it does do is provide a very minor speed bump that forces the branches to at least have a discussion during this mindless spending into oblivion.
  11. The debt ceiling already is essentially abolished, and that should be apparent to any rational citizen. What the existing process does is force some minimal level of discussion on spending future taxpayer funds,
  12. The debt ceiling will be increased. Elections have consequences, and there seems to be no end to writing checks that future taxpayers will have to cover. It is completely responsible for Congress to enforce spending limits. That is their job, among others. It is completely irresponsible to allow the Executive to write these checks way beyond it's Constitutional authority, ie, student loan elimination. It is time to get back to having our government's three branches doing what they were intended to do.
  13. This was never going to end well. The original purpose of our involvement, which was to get a state sponsored terrorist out of a country, was important and well intentioned. Once that was done, we should have left them to their own. We tried to help them build a sustainable culture. The place is not a real country. Never has been. Nonetheless, the "withdrawal" was an unmitigated embarrassment and disgrace, and should have resulted in the removal of those responsible and those who lied about other options. Biden lying about not being presented with options by SecDef and Chaiirman Joint Chiefs, about keeping a minimal force and Bagram Air Base under US control until a reasonable withdrawal is inexcusable.
  14. Typical Yahoo Finance nonsensical histrionics. The place where anyone can get anything online, and the more marketable the better. The only thing worse is their comments section, which is considered a totally contrarian indicator. In point of fact, the companies mentioned are not halfway to the mark in the headline.
  15. No doubt the result of cowbell commissions.
  16. Prove he "has been bought." Supreme Court Justices publish findings. Find evidence of partiality caused by bribery or stop this nonsense. This is yet another of your baseless crap.
  17. I'd collect Nazi memorabilia if I could sell it later. As well as Soviet memorabilia. That is a vacuous assertion. Prove Thomas has been dishonest or his views have been tipped by this. If you can't, shut up and leave a man who has accomplished infinitely more than you ever will alone.
  18. Your views do not prove anything, and I doubt anyone cares. If there is some evidence of inappropriate behavior or anything related to suggested bribery, so state. If not, shut up. Your views on the rich are meaningless.
  19. They have really screwed the place up, but there are far more informed people here than I on this, including people who live and have lived there. I never thought I'd leave the San Francisco Bay Area. Loved it, but it got too bizarre, and although I could get around it, I didn't want to raise kids in the area. The final straw for me, and mind you this was in '87. The Pope was going to visit, and some lunatic cross dresser demanded that he/she whatever, get an audience with him to demand legitimate recognition of this group. The request was denied, so this individual got full, legitimate treatment by the local press and politicians, while completely dressed in bizarre drag and makeup. That was it for me. My wife and I agreed we couldn't raise our kids there. Now it's trashed. Such a shame for one of the most beautiful places on earth, and I've been around a bit.
  20. I made this exact same decision for my family in 1989, after the election of Nancy Pelosi. My wife and I dated there and had two of our three kids born there. I knew I could never have them raised in that area; in those school systems with what was going on, and listening to her. Sold the house and moved. One of the three best decisions I've ever made.
  21. I made it a "big burrito" by posting no text, just a question mark in response to your nonsensical claim? Ya that's a "big burrito." When the New York Stock Exchange and the NASDAQ are closed, it is called the markets are closed. That's the common interpretation and vernacular. That's why CNBC is in total holiday mode. It isn't a big burrito, it is just silly.
  22. Just stop.
  23. Nonsense. Jobs report is not "trading," it's a report. The "markets" by any reasonable, common interpretation means the stock market, ie., the big board, and the NASDAQ, which are both closed. Not that any of that matters. Don't need the Wall Street Journal for this, everyone knows it.
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