HOW MUCH IS A TRILLION DOLLARS

Sunday 31 December 2017 at 2:06 pm

astonishing; incomprehensible; what does it really mean? is it really debit. What is the vallue of the assets that back it up? What if we cancelled the debt?

CUT THRU THE BS ON THE TAX PLAN

Monday 25 December 2017 at 5:09 pm

The Democrats argue the new tax plan benefits the rich. In % terms it benefits the middle class. In absolute dollar terms it benefits the rich because they pay 95% of the taxes. Listen to Sandra Huckabee and study the table below to see what is really happening.

NOTE WELL: under of the old tax plan, the top bracket paid 60% of the beer bill. Under the trump plan, the top tax bracket pays 62.5% of the bill bill. and remember if the top tax bracket beer drinker quiits and goes overseas, the the remaining 9 beer drinkers on have $30, not enough to pay the bill.

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NOTES ON GENERAL COLIN POWELL

Monday 11 December 2017 at 4:59 pm

Notes on Colin Powell:

 

David Rubenstein, founder of the Carlyle Group ($174b in assets), hosts the Sunday morning TV show:  Peer to Peer Interview on Bloomberg News. He interviewed Colin Powell on 12/3/2017.

 

It was a clarifying interview, since Powell is usually misquoted, taken out of context.  and certainly mischaracterized by the fake news media.  My take-aways: 


  1. Powell is a New Yorker, right out of Harlem [not too far from Ascension Parish]
  2. Powell is glib, with a good sense of humor; and likes to dabble in Yiddish.
  3. Graduates CCNY, Geology, “c” student; ROTC
  4. He speaks in very simple terms, and very clearly
  5. He is humble
  6. As per WMD: everyone, both democrats and republicans, bought into the CIA assessment that Saddam had WMD
  7. As per the Invasion:  it was the correct decision
  8. As per the execution: disastrous. Two major mistakes:  1. Not to include the Baathists in planning the new government; 2. Failure to use adequate US Army ground forces.
  9. In hindsight, was the invasion a mistake? Iraq is a democracy and it is working.  If it continues in this direction, then the long-term view will favor the invasion.
  10. He did not run for President because he is a moderate Republican, and the conservatives were against him.
  11. He agreed to serve as Secretary of State because he liked GHBush who was a moderate.
  12. He did not invent the Powell Doctrine, and he does not ascribe to Overwhelming-Force, but rather Decisive-Force. 


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