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This room is for the discussion of current events,cultural issues and politics especially in relation to Catholic values.

Saint Thomas More was martyred during the Protestant Reformation for standing firm in the Faith and not recognizing the King of England as the Supreme Head of the Church.
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Mar 4th 2013 new

(Quote) Brian-699857 said: It's not only for replacement equipment. Sorry if that is how it came across. Eve...
(Quote) Brian-699857 said:




It's not only for replacement equipment. Sorry if that is how it came across. Every year the military reviews long term (ongoing) and short term spending requirements before submitting their budget. If the general was only quoting 5 years (which is why I made a comment to the quoted reference), he was most likely referring to short to intermediate funding. Take for example a navy ship. It takes multiple years to build one, and then it's life expectency is 30-50 years of ongoing costs after deployment. Same thing with an aircraft.

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Since he quoted 5 years, it seems he is having a problem getting a budget together for just those five years,
since the administration isn't doing budgets. He clearly was showing distress at what is going on.

I clearly understand your point though about long term planning for large capital expenditures.

Mar 4th 2013 new

(Quote) Marianne-100218 said: (Quote) James-17080 said: Hi Sean et alia,I...
(Quote) Marianne-100218 said:

Quote:
James-17080 said:




Hi Sean et alia,



I have a very strong suspicion that we are our own worst enemy.

James ☺




WE are NOT our own worst enemy unless you are talking about the socialists, who are
tying like hell to destroy our precious country from within.

--hide--




Hi Marianne et alia,

Let us define our words. Please tell me what a Socialist is in your own words, and kindly give examples.

James ☺

Mar 4th 2013 new

(Quote) Marian-83994 said: Yes here is an article in my friend's blog about how "Your government hates ...
(Quote) Marian-83994 said:




Yes here is an article in my friend's blog about how "Your government hates you and wants to see you suffer."



peterseanesq.blogspot.com

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Yep, Marian, your friend is exactly right.

Mar 4th 2013 new

(Quote) James-17080 said: Hi Marianne et alia,Let us define our words. Please tell me what a Sociali...
(Quote) James-17080 said:





Hi Marianne et alia,

Let us define our words. Please tell me what a Socialist is in your own words, and kindly give examples.

James ☺

--hide--


I refrain from describing a socialist and giving an example because it will offend you. wink

Mar 4th 2013 new

(Quote) Marianne-100218 said: Peter: Can you explain this cartoon to me?
(Quote) Marianne-100218 said:



Peter: Can you explain this cartoon to me?

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The president was acting like Chicken Little, saying the sky is falling. My take on it anyway.

Mar 4th 2013 new

(Quote) Marianne-100218 said: Why would the US try to rope China into the globalist empire? After all, America is ge...
(Quote) Marianne-100218 said:



Why would the US try to rope China into the globalist empire? After all, America is getting very cheap goods out of the
deal.

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Not the US per se but rather internationalist types such as David Rockefeller and affiliated agents such as Henry Kissinger. The globalist empire exists above the nation-state. Sure, the US gets "cheap" goods but at the cost of destroying its manufacturing base and gearing local economies more toward the global "marketplace."

Mar 4th 2013 new

(Quote) James-17080 said: Hi Marianne et alia,Let us define our words. Please tell me what a Sociali...
(Quote) James-17080 said:





Hi Marianne et alia,

Let us define our words. Please tell me what a Socialist is in your own words, and kindly give examples.

James ☺

--hide--



Today socialism apparently means privatizing gains and socializing losses. Obama's no socialist by any stretch of the imagination, unless by socialism one means throwing candy at favored victim groups while dutifully serving the real masters on Wall Street.

Mar 4th 2013 new

(Quote) Marianne-100218 said: What form will the next Supernova take? The collapse of the dollar?
(Quote) Marianne-100218 said:



What form will the next Supernova take? The collapse of the dollar?

--hide--



Hyperinflation, with all the QE money fueling more and more derivative and other bubbles. Bill Gross wrote an article about this topic which appeared in the WSJ but that was only about debt and didn't focus on shadow banking, which is much, much larger than debt. With the explosion of the world financial system, perhaps all old debts will be wiped away while a new system, maybe based on the SDR, comes into being.

Mar 4th 2013 new

(Quote) Marianne-100218 said: (Quote) James-17080 said: Hi Marianne et alia,L...
(Quote) Marianne-100218 said:

Quote:
James-17080 said:





Hi Marianne et alia,

Let us define our words. Please tell me what a Socialist is in your own words, and kindly give examples.

James ☺




I refrain from describing a socialist and giving an example because it will offend you.

--hide--


Oh, not to worry, Marianne, you won't offend me. Amuse me, yes. Offend me, no.

wink

James ☺

Mar 4th 2013 new

(Quote) Sean-851370 said: (Quote) James-17080 said: Hi Marianne et alia,Let u...
(Quote) Sean-851370 said:

Quote:
James-17080 said:





Hi Marianne et alia,

Let us define our words. Please tell me what a Socialist is in your own words, and kindly give examples.

James ☺





Today socialism apparently means privatizing gains and socializing losses. Obama's no socialist by any stretch of the imagination, unless by socialism one means throwing candy at favored victim groups while dutifully serving the real masters on Wall Street.

--hide--


Hi Sean et alia,

That's a good point. Remember that huge bailout a few years back, courtesy of Henry Paulsen? That's like going to Vegas and playing blackjack all year, taking hits on 17. And then expecting the Feds to bail you out. Such a deal!

It's interesting how those cries of "Socialism!" didn't start until Obama took office.

wink

James ☺

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