The F-22 Raptor, designed for both air-to-air and air-to-ground combat is the most dangerous stealth fighter in the world. So why was it cancelled? A memoir by retired Gen. Norton Schwartz states that the F-22 stealth fighter was eventually traded for the B-21 bomber. Defense secretary Robert Gates argued that the F-22 was a cold war relic and it was useless in the Afghanistan and Iraq counterinsurgencies. He also argued that the Chinese stealth fighter wouldn’t be fielded until at least 2020, when in fact, China’s J-20 stealth fighter hit the skies in 2017 and the F-22 has been a pivotal … [Read more...]
Water You’ve Already Stored for the Next Disaster
I continue to believe this is vital intelligence for all of us today and as when I originally posted it on October 6, 2017. The first thing you want to do when it comes down to your water supply is to figure out your water sources. For example, we have town water and we live near a fresh water reservoir, but it’s at the bottom of a steep hill. It will be extremely difficult to gather water and carry it up the hill. But it can be done in small batches. Next, you want to determine how much water you have on hand right now. The first place to look is your hot water heater capacity. Go … [Read more...]
The Trump Economy is Rolling
There are more jobs available than unemployed workers. Workers of America unite! Bloomberg reports that job vacancies outnumber unemployed Americans for the first time in decades. The U.S. labor market has reached another milestone: For the first time in decades, there are more job openings than unemployed Americans who could fill them. Vacancies rose to a fresh record of 6.7 million in April, according to the Job Openings and Labor Turnover Survey, or JOLTS, released Tuesday by the Labor Department. More importantly, upward revisions to the prior month made it the first in … [Read more...]
The Case Against Education
The Case Against Education: Why the Education System is a Waste of Time and Money written by economist Bryan Caplan points to the billions of dollars spent on education by government. It seems like everyone needs a diploma these days. For what? An excuse to drink beer? But, as Caplan explains, that degree is valued by employers. Without a degree, whether you learned anything or not, you automatically are branded or placed in a separate, lower paying, jobs pool. Who are the big winners in this game? Tenured professors like Caplan. Stossel: The College Scam … [Read more...]
For an Edge in the European Logistical Race, Companies Look East
When arriving in France and immediately driving away from Charles de Gaulle airport, it’s hard to miss all the warehouses/distribution facilities on your way to Paris. I found this article interesting as companies battle for logistics superiority by building in more affordable Eastern and Central Europe. The WSJ’s Isobel Lee explains: The industrial real-estate market is booming in Central and Eastern Europe, thanks to the region’s geography and cheap labor along with the benefits of Europe’s unified currency and lack of trade restrictions. Developers are adding new warehouses and … [Read more...]
If You Need More Reasons to Like GNMA, Read This
When times are tough Vanguard GNMA, managed by Wellington Management, has been an absolute force for retired and soon-to-be retired investors. Pay attention here. We’ve already had two substantial cracks in the market so far this century. … [Read more...]
Mossberg 590M Review
Nice review of the Mossberg 590M by Clay Martin at GunsAmerica: In the United States we treat our pump shotguns like we do trucks, as in we tend to stay brand loyal. And we tend to fall into two camps on this one, the Remington 870 and the Mossberg 590. Both sides are equally fanatical, and the reasons tend to be less fact and more emotion based. Usually, we prefer whatever we started with, the duck gun our dad gave us at 13 sets the tone. Then it is all familiarity, mostly the safety position and pump release being the difference. I myself am an 870 guy, which is something I felt it was … [Read more...]
Lebron James is the GOAT
Proof that Lebron James is the GOAT? Look no further than last night’s personal-postseason-best 51 points in 48 minutes. Even though his dominant performance wasn’t enough—a reversed call, a free throw miss and a JR Smith gaffe lead to a Cavs loss—the case for Lebron as the GOAT is hard to refute especially when you read this piece by National Review’s David French: There is a certain class of basketball fan who scoffs at this notion. Fans my age and older vividly remember a singular night in June 1998. You know the moment. Michael Jordan slightly pushes off Utah Jazz forward Bryon Russell, … [Read more...]
Your Retirement Life: Live like a Billionaire Here
Originally posted on April 30, 2018. You don’t have to be a billionaire to live like one. In Montana, there are billionaires who own ranches that seem like they're the size of Rhode Island, but they don’t have a monopoly on: camping, hiking, bike riding, kayaking, fishing or skiing. Nature can be enjoyed by one and all. As an aside, you know what’s interesting about that rural life? It is alive and well. The same is true of the suburbs. Not everyone wants to live or retire to the city life. The resurgence by Millennials moving to the burbs is proof of that. For young families, there … [Read more...]
Will You be Ready When the Lights Go Out?
Originally posted on April 2, 2018. A recent Congressional Research Service report warns that since 2014 "security risks to the power grid have become an even greater concern in the electric utility industry." The report cautions that the power industry "has not necessarily reached the level of physical security needed based on the sector's own assessments of risk." "There is widespread belief that bulk power critical assets are vulnerable to physical attack, that such an attack potentially could have catastrophic consequences, and that the risks of such attacks are growing," explains … [Read more...]
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