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Every Democrat running for President agrees: the war in Iraq must end.
But it matters profoundly how we end it. It matters to our soldiers. It matters to Iraqis. And it matters to America’s future security.
Joe Biden sums it up well. I want to pay particular attention to the last line:
“And it matters to America’s future security.“
In my tongue in cheek post below about shrimp, I uncovered some facts I was unaware of. Particularly impressed was I on China’s buildup.
Knowing that it was the economic might of the North, that really outspent the South in the American Civil War, and knowing it was the economic might of the US during WWII, with the ability to build a liberty ship in sixteen days, that kept up with a two wars going on in two theaters, China’s relative economic strength versus our weakness, gives me some concern.
Speaking particularly of submarines, the Heritage Foundation has this to say:
Sea-power trends in the Pacific Ocean are ominous. By 2025, China’s navy could rule the waves of the Pacific. By some estimates, Chinese attack submarines will outnumber U.S. submarines in the Pacific by five to one and Chinese nuclear ballistic missile submarines will prowl America’s Western littoral, each closely tailed by two U.S. attack submarines that have better things to do. The United States, meanwhile, will likely struggle to build enough submarines to meet this challenge.
Right now, China wants to be at 85 submarines by 2010. The September 2004 promotion of Admiral Zhang Dingfa, a career submariner, to Chief of Staff of the People’s Liberation Army Navy (PLAN) and a full seat on the Central Military Commission was a clear signal of the primacy of submarine warfare.
Comparatively, in the US, Electric Boat (EB), the nation’s preeminent submarine contractor, has announced plans to lay off 900 of its 1,700 designers and marine draftsmen engineers over the next three years. It will mark the first time in 50 years that the U.S. has not had a new submarine design on the drawing board. EB laid off nearly 200 submarine engineers and machinists in early February—and EB is the only shipbuilder in the nation that maintains submarine designers. The U.S. has three submarines under construction today.
Whereas China has 25 new boats under contract now; 16 are under construction today, including a new class of nuclear attack submarine designated the Type-093 and a new nuclear ballistic missile sub, the Type-094.
Our Navy’s new 30-year shipbuilding plan calls for 48 nuclear attack submarines in the fleet by 2035. If the Navy does not start launching new subs at the rate of two per year until several years after 2012, the force would dip to a low of 40 in 2028, or 17 percent below the Navy’s stated needs.
The reason for the cutback on what may be the most instrumental weaponry needed by mid century, is because of Iraq.
We simply do not have the resources to build submarines fast enough. Our money is being used elsewhere.
One needs to ask who will be the greater enemy of our future. The impoverished insurgents jumping through rings of fire in their video clips, or…..the worlds largest economic power when it finally decides to shift some of its resources away from butter, and turn them into guns……
This war in Iraq is a threat to America’s future security. We are squandering valuable resources needed elsewhere.
We need to end this war now, and start building to keep ahead of our real enemies. Otherwise, we will find ourselves soon to be out-Reagan’d by our newly capitalist friends in China………
Recently I was privileged to sit in on a financial review session for a business here in Delaware. Here is how the conversation went.
Q: Your “utilities” are out the roof. What the hell are you doing?
A: Our rates increased 60% last May when Delmarva Power was deregulated.
Q: Bullshit. Why didn’t the other Delaware units show the same increase.
A: Both of them receive power through municipal coops. Those rates were settled by separate deals. We deal with Delmarva directly, and have no buffer.
Q: That’s crap. You are spending and not controlling energy costs. This summer, your costs are almost 40% higher than than anyone else in the company. We paid you to control this!
A. We have. Here is the proof. These are the bills from other stores. Here is ours. We use less kilowatt hours over each month than those other units. We have stretched our efficiency to as close to the theoretical, as is possible. You can see our price is higher, much higher, we have no control over that. But even though we use less energy than any other unit, we have to pay what we have to pay.
Q: Well if that’s the case then you need to find another $5,000 a month from somewhere else, to make up for pissing away good money.
A: The only option I have left is to NOT pay Delmarva the amount they ask, in other words, short the bill That option buys only 4 months until they shut us down. And then you will have to take the entire hit at one time. I say “you”, because if that is the move you ask me to make, then I won’t be here.
Q: You are damn right you won’t.
A: Be forewarned, it will cost you three times as much to find a replacement willing to deal with this kind of bullshit…….”
With that, the financial review was over.
This microcosm is currently taking place throughout every chain unit that pays Delmarva directly. There are two takeaways that come out of these experiences.
Businesses: if you are thinking of moving into Delaware……..don’t. You can’t afford it. Do not be misled by our state’s economic office. Look at the rates and do the math and see how much of your margin you give up! There are better places to invest than here in Delaware.
Others: You need to get off your asses and get this wind farm started now. The only way Delaware can remain competitive with any state, is to build the 600MW wind farm and use that 2.3 cent kilowatt hour to drive our energy prices down.
Even the tiniest amount of foot-dragging, will push this state over the edge.
What would you do with 2.86 Billion? Would you redo every Delawarean High School, and hire additional teachers? Would you inspect and repair those bridges in danger of falling down? Would you put it as seed money into forming a Single Payer health care system so needed by this state? Would you invest it and use the interest to fund the Highway Fund on a yearly basis? Would you buy up farmland in danger of development, so Delaware will always be a wonderful place to live?
What is this 2.86 Billion anyway? Why are we speculating on what we would do with it if we had it?
IT IS DELAWARE’S PORTION OF THE MONEY WASTED IN IRAQ. If we were not spending it on a religious civil war over there……we could be spending it here, on us………
For those of you who still do not know, anyone still supporting the policies of this administration in that part of the world, is the person to be blamed for us not spending that money where it is needed. Here!
That person needs to switch parties, and then support spending that money here, not there.
Isn’t Goldman Sachs in need of some quick cash.
Yesterday at opening someone sold short on most of their assets, panicking the market. I have never seen anything like it. The NYSE average dropping like seconds on a clock. Then at the 10% loss level (officially termed a correction) they began buying back.
By 4:30 the market rallied to within 15 points of where it started. They made a quick 10% in one day.
If you won yesterday, you played well. If you lost, you were played well………….
These games happened in 1929 quite frequently, leading up to the crash of October 24.
If you didn’t heed my earlier post and shift all your assets over to fixed rate, you still have time. Not much, however according to this.