False. Until such a time as future SS payouts are revised to reflect reality, it is a future obligation of the US government. As noted here, once the fund runs out the current income will not be able to pay 100% of the defined benefits.
As to your very weak analogy, the current broohaha over a whopping $44B "cut" is to be half in defense. The bottom line is you, like the vast majority of Americans, are hooked on government handouts be they federal, state or local. And you can toss in US corporations as well.
What is the debt to income level of the federal government? Were it a corporation, it would be in receivership waiting for the assets to be sold to try to pay off its creditors. Over the next 75 years the GOA estimated a shortfall of $45.8 trillion for entitlement programs. Is that broke enough for you? Has the US defaulted? No - simply because it can print as much money as it wants. See Zimbabwe.
Given that nobody is willing to step up to the plate and cut entitlements then the only way is across the board cuts. The US is broke. People like to toss around the $16T figure for debt... its far, far, larger when the PV of the entitlement programs is considered in full. You could cut all discretionary spending and we would still be broke.
Personally I would be happy to see an across the board 30% cut to everything. That would set us back to... OMFG: 2008!
Maybe, just maybe, this will wake people up that all their favorite discretionary spending is going away for good if something is not done now. One good place to start would be to bind and gag Paul Krugman and render him to... anywhere else. As long as people keep believing his fantasy stories we are (queue FedEx commercial) Doomed!
And it is not even the 85B that keeps getting thrown around. CBO revised that down to $44B. And that includes counting "cuts" to non-existent programs.
What should be done is to extend that study back to the 1970s, 80s, and 90s. Bet this "problem" did not exist back then. Of course, in a global world capital should be free to move around and if these startups get their funds from foreigners, well, good for them. Sad for the US as a nation though. And where lies the fault for this?
What is the incentive to invest in very risky assets when the Fed will give you a nice return just for letting them hold your cash and bonds? Why risk failure in a risky venture that the Fed will not backstop? Why invest in a startup that is likely to fail when you can ride the existing equity market bubble as the Fed pushes more and more cash into it?
I'm not suggesting an EMP attack, I just prefer a low alt. burst rather than under water, ie Crossroad Able vs Baker. Though either should work if the delivery is accurate.
Actually, I think quite the opposite. Iran's government has been far more stable and consistent than anything seen in Pakistan. And India is a bit topsyturvy too. As to what would happen were it to fold, their are really only two paths: the liberalization path (which has failed a few times now) and the military path. The former would, even if they kept their nukes, be unlikely to be a threat. The latter, if in power, would be most interested in staying in power as that is their path to (further) riches. As to MC Ahmadinejad, he is a lame duck and gone this summer.
You clearly fail to consider that nuclear weapons can be used strategically as well as tactically. I would suggest the order of use being 1) airburst over US fleet operations 2) attack against massing US troops with smaller device. Yes Iran is going to get fallout, but that may be acceptable. They may also calculate (rightly or wrongly) that the US would not launch an all out attack against Iranian cities if their own targets were purely military.
Does Iran know how to build a basic weapon? Yes. But then again, so do a lot of others.
Does Iran have the technological skills to make a war head small enough to be delivered on one of their missiles? Debatable, but inevitable and practice makes perfect. They could use some help with the CEP and range of those missiles too.
Does Iran have anything other than a uranium based bomb available? Not at this time. And the chemical reprocessing necessary for irradiated fuel out of Arak or the TRR is not a layup. Years, if not a decade.
How long will it take Iran to enrich to 90%+ their current LEU? A couple of months, tops. Most of the SWU's are spent just getting to LEU.
Of course, left unsaid in all of this is... would Iran ever use a nuke? Given that India and Pakistan have not (and there is certainly no shortage of nutters in those countries), that Israel has 2-300, the USSR a few thousand... I think the resounding answer is no. Persians exports are carpets and pistachios, not glass.
So... the people in CO and NM who do not live in the state capital's don't count? Are they not ->RURAL-- enough for you? Does it really matter if there are 300 or 3000? And last I checked, there are a lot of mountains in CO (and even NM has them)
Having just bought and reviewed a "Chinese" tablet I can say the HP's specs are way too low to compete. They seem to be designing in slow motion. I got the Hyundai T7 (a tablet "made" by a Korean company in China by....Samsung) and it has a 1280x800 IPS with same cpu/gpu as the GSIII for $148+ship. Battery life not the greatest (a design choice), but most people can probably live with it (does anyone really watch 8 hours straight of video?). Outside of that it performs quite well and has sd,usb and hdmi. Why can't the major players give us that? The reality is that the hardware of the non-famous names is rapidly catching up, if not equalling, that of the popular brands. But at a significantly lower price.
France is at a disadvantage for broadband as it is a large country with a lot of rural areas
The European territory of France covers 547,030 square kilometres (211,209 sq mi). France is smaller than New Mexico and Colorado combined. It is not a "large" country and has a population density (116/sq km) comparable to PA (110/sqkm) or OH (109/sqkm), not NM (7) or CO(19).
But in a socialist utopia like France, any excuse for a government boondoggle is a good one.
per the most recent CBO estimates. The total budget is $4T. Anybody who is crying tears over any part of the federal government losing a whopping 1% of its budget really needs to re-examine where they are coming from. How many individuals and families deal with far larger swings in income on a weekly basis? How many people have had to abruptly make swift changes to their personal outlays because they or another family member has lost a job? Become ill?
Worse still, are these even real cuts? Or are they just slowing the rate of increase in the growth of spending?
actually, 12, when I was getting a graduate degree at a private institution in a major metro area. I was shocked and dismayed that the numerical methods class, which had both senior year and gradudate level students, suffered because many students had little grasp of topics from basic calc and linear methods. That I could recall far more completely and accurately topics last taken about 15 years earlier than those in their early 20s really pissed me off as I was paying my own fare for the degree and felt my money was being wasted.
Yes and I'm sure all that electricity will come from clean solar installed in NJ. I really do wish I had some of the crack the electric car people smoke. I'm just waiting for the pants crapping when Indian Point is shuttered (its reached its 40 year lifetime) and 30% of the power for the region goes bye-bye! Or are the electric warriors on board for a 20 year extension? Will you put a "I love nuclear waste!' bumper sticker on your new EV? or maybe "Its the glow that makes me go!"
This has been this way a long time. And even "larry's world" gets the 3rd party amazon stuff not quite right - your details do get passed along if Amazon does not handle the fulfilment.
Cybersquatting (also known as domain squatting), according to the United States federal law known as the Anticybersquatting Consumer Protection Act, is registering, trafficking in, or using a domain name with bad faith intent to profit from the goodwill of a trademark belonging to someone else. The cybersquatter then offers to sell the domain to the person or company who owns a trademark contained within the name at an inflated price.
Actually, that culture defines, at the least, America today. We live in a disposable society who only wants the latest shiny, scorns the old and mocks those still using it.
Amen brother. The hate on COBOL is senseless and just illustrates the poor understanding of software engineering and financial considerations. Rewriting legacy code just for the sake of rewriting in something 'modern' is pointless. At that applies equally to any stable production software, regardless of language. There is significant hate directed at FORTRAN too, which unlike COBOL, actually is as much a modern language as it is legacy compatible (at least pretty far back). But its not PC to not mock the olden ones.
Slashdot Mirror
with the COBOL plugin.
False. Until such a time as future SS payouts are revised to reflect reality, it is a future obligation of the US government. As noted here, once the fund runs out the current income will not be able to pay 100% of the defined benefits.
As to your very weak analogy, the current broohaha over a whopping $44B "cut" is to be half in defense. The bottom line is you, like the vast majority of Americans, are hooked on government handouts be they federal, state or local. And you can toss in US corporations as well.
What is the debt to income level of the federal government? Were it a corporation, it would be in receivership waiting for the assets to be sold to try to pay off its creditors. Over the next 75 years the GOA estimated a shortfall of $45.8 trillion for entitlement programs. Is that broke enough for you? Has the US defaulted? No - simply because it can print as much money as it wants. See Zimbabwe.
http://www.gao.gov/financial/fy2009financialreport.html
http://www.fms.treas.gov/finrep12/citizenguide/fr_citizen_guide_where_we_are_now.html
Given that nobody is willing to step up to the plate and cut entitlements then the only way is across the board cuts. The US is broke. People like to toss around the $16T figure for debt... its far, far, larger when the PV of the entitlement programs is considered in full. You could cut all discretionary spending and we would still be broke.
Personally I would be happy to see an across the board 30% cut to everything. That would set us back to... OMFG: 2008!
Maybe, just maybe, this will wake people up that all their favorite discretionary spending is going away for good if something is not done now. One good place to start would be to bind and gag Paul Krugman and render him to ... anywhere else. As long as people keep believing his fantasy stories we are (queue FedEx commercial) Doomed!
And it is not even the 85B that keeps getting thrown around. CBO revised that down to $44B. And that includes counting "cuts" to non-existent programs.
What should be done is to extend that study back to the 1970s, 80s, and 90s. Bet this "problem" did not exist back then. Of course, in a global world capital should be free to move around and if these startups get their funds from foreigners, well, good for them. Sad for the US as a nation though. And where lies the fault for this?
What is the incentive to invest in very risky assets when the Fed will give you a nice return just for letting them hold your cash and bonds? Why risk failure in a risky venture that the Fed will not backstop? Why invest in a startup that is likely to fail when you can ride the existing equity market bubble as the Fed pushes more and more cash into it?
I'm not suggesting an EMP attack, I just prefer a low alt. burst rather than under water, ie Crossroad Able vs Baker. Though either should work if the delivery is accurate.
Actually, I think quite the opposite. Iran's government has been far more stable and consistent than anything seen in Pakistan. And India is a bit topsyturvy too. As to what would happen were it to fold, their are really only two paths: the liberalization path (which has failed a few times now) and the military path. The former would, even if they kept their nukes, be unlikely to be a threat. The latter, if in power, would be most interested in staying in power as that is their path to (further) riches. As to MC Ahmadinejad, he is a lame duck and gone this summer.
You need to read the book "On Nuclear Terrorism". It is available here and is very dry, academic, wonky reading.
clearly meant Russia, not USSR. Just finished reading some stuff on Stalin over the w/e so had USSR on the mind.
You clearly fail to consider that nuclear weapons can be used strategically as well as tactically. I would suggest the order of use being 1) airburst over US fleet operations 2) attack against massing US troops with smaller device. Yes Iran is going to get fallout, but that may be acceptable. They may also calculate (rightly or wrongly) that the US would not launch an all out attack against Iranian cities if their own targets were purely military.
Does Iran know how to build a basic weapon? Yes. But then again, so do a lot of others.
Does Iran have the technological skills to make a war head small enough to be delivered on one of their missiles? Debatable, but inevitable and practice makes perfect. They could use some help with the CEP and range of those missiles too.
Does Iran have anything other than a uranium based bomb available? Not at this time. And the chemical reprocessing necessary for irradiated fuel out of Arak or the TRR is not a layup. Years, if not a decade.
How long will it take Iran to enrich to 90%+ their current LEU? A couple of months, tops. Most of the SWU's are spent just getting to LEU.
Of course, left unsaid in all of this is... would Iran ever use a nuke? Given that India and Pakistan have not (and there is certainly no shortage of nutters in those countries), that Israel has 2-300, the USSR a few thousand... I think the resounding answer is no. Persians exports are carpets and pistachios, not glass.
So... the people in CO and NM who do not live in the state capital's don't count? Are they not ->RURAL-- enough for you? Does it really matter if there are 300 or 3000? And last I checked, there are a lot of mountains in CO (and even NM has them)
Having just bought and reviewed a "Chinese" tablet I can say the HP's specs are way too low to compete. They seem to be designing in slow motion. I got the Hyundai T7 (a tablet "made" by a Korean company in China by....Samsung) and it has a 1280x800 IPS with same cpu/gpu as the GSIII for $148+ship. Battery life not the greatest (a design choice), but most people can probably live with it (does anyone really watch 8 hours straight of video?). Outside of that it performs quite well and has sd,usb and hdmi. Why can't the major players give us that? The reality is that the hardware of the non-famous names is rapidly catching up, if not equalling, that of the popular brands. But at a significantly lower price.
France is at a disadvantage for broadband as it is a large country with a lot of rural areas
The European territory of France covers 547,030 square kilometres (211,209 sq mi). France is smaller than New Mexico and Colorado combined. It is not a "large" country and has a population density (116/sq km) comparable to PA (110/sqkm) or OH (109 /sqkm), not NM (7) or CO(19).
But in a socialist utopia like France, any excuse for a government boondoggle is a good one.
per the most recent CBO estimates. The total budget is $4T. Anybody who is crying tears over any part of the federal government losing a whopping 1% of its budget really needs to re-examine where they are coming from. How many individuals and families deal with far larger swings in income on a weekly basis? How many people have had to abruptly make swift changes to their personal outlays because they or another family member has lost a job? Become ill?
Worse still, are these even real cuts? Or are they just slowing the rate of increase in the growth of spending?
This book is dry, boring and very wonkish. But after reading it you won't really worry much, if at all, about this subject any more.
Are you licensing the software from Google or the developer? And does that party have a right to know who the licensees are?
actually, 12, when I was getting a graduate degree at a private institution in a major metro area. I was shocked and dismayed that the numerical methods class, which had both senior year and gradudate level students, suffered because many students had little grasp of topics from basic calc and linear methods. That I could recall far more completely and accurately topics last taken about 15 years earlier than those in their early 20s really pissed me off as I was paying my own fare for the degree and felt my money was being wasted.
Yes and I'm sure all that electricity will come from clean solar installed in NJ. I really do wish I had some of the crack the electric car people smoke. I'm just waiting for the pants crapping when Indian Point is shuttered (its reached its 40 year lifetime) and 30% of the power for the region goes bye-bye! Or are the electric warriors on board for a 20 year extension? Will you put a "I love nuclear waste!' bumper sticker on your new EV? or maybe "Its the glow that makes me go!"
Gotta love the Google hate....
http://www.larrysworld.com/2011/02/21/publishers-worry-about-apples-subscription-service/
This has been this way a long time. And even "larry's world" gets the 3rd party amazon stuff not quite right - your details do get passed along if Amazon does not handle the fulfilment.
Cybersquatting (also known as domain squatting), according to the United States federal law known as the Anticybersquatting Consumer Protection Act, is registering, trafficking in, or using a domain name with bad faith intent to profit from the goodwill of a trademark belonging to someone else. The cybersquatter then offers to sell the domain to the person or company who owns a trademark contained within the name at an inflated price.
Actually, that culture defines, at the least, America today. We live in a disposable society who only wants the latest shiny, scorns the old and mocks those still using it.
I once was involved in COBOL
I think it was on an 11/780.
Though not very usual
The times they were crazy
We had IBM metal too
But Ken Olsen knew
Vaxen can do anything Blue
If you would just code it too
Amen brother. The hate on COBOL is senseless and just illustrates the poor understanding of software engineering and financial considerations. Rewriting legacy code just for the sake of rewriting in something 'modern' is pointless. At that applies equally to any stable production software, regardless of language. There is significant hate directed at FORTRAN too, which unlike COBOL, actually is as much a modern language as it is legacy compatible (at least pretty far back). But its not PC to not mock the olden ones.