World War 3 is it coming?

Discussion in 'Economics' started by bat1, Jul 20, 2010.

  1. NKNY

    NKNY

    Exactly... People forget the mom and pop stores.... Government doesn't create wealth... They should just get the hell out of the way and let the private sector do what they do best.... Create Jobs and wealth.... The government has no money to spend anyway... It gets it from us via taxation or steals it from us via printing.... (actually both are stealing) As long as they are choking the private sector, we will all suffer and to be honest, I think that's the way they like it... They want a population that depends on them... Welcome to socialism....

    And for those that buy into tax the Rich, ask yourself... Who are the rich, what is the NEW definition of rich... Is it the little deli on the corner that may gross 300,000 grand a year, maybe the pizzeria down the block that does 500,000 grand in business. What about the plumbing company that might do 800,000 thousand a year in gross income. Are they rich... the numbers above are gross... Out of that they pay rent, supplies that other people supply to them, taxes, insurance, and of course payroll.... Yes, payroll, they employ people and when people are spending and business is good they hire more people or expand to the empty store next door, maybe get another location etc... So to those that think we should tax them, the so called rich... I have one thing to say to people with that mind set...... suffer.... if your unemployed... suffer, if your family is unemploued too...suffer... And the more you tax these shop owners the more you and your family will suffer. Cant wait for OBAMA CARE TO KICK IN TOO.... SO YOU WILL SUFFER MORE....

    If people think that others who are productive and open little business and hire people and pay taxes are going to keep doing what they are doing when the gov keeps stealing from them to give to the recipient class to buy their votes, well, you aint seen noting yet... the suffering has just begun....
     
    #241     Aug 24, 2010
  2. That;s true, war does not create wealth, in fact we're poorer because of it. War is an example of the Bastiat's broken window.
     
    #242     Aug 24, 2010
  3. China Set to Exert Its Military Influence Abroad

    Communist China remains passive in pointing the finger at North Korea over the the sinking of the South Korean Navy corvette Cheonan, seemingly giving the benefit of the doubt to the North. If a shooting war flares up on the Korean Peninsula, would China intervene militarily on behalf of the North, as it did in the Korean War?

    Though the answer to that question is unknown, it is clear that China possesses significant military clout and views the United States as a hostile power. It is also clear that a new shooting war in Korea would necessarily involve U.S. soldiers as combatants, regardless of whether the U.S. Congress or the American people would want to enter or avoid such a conflict, since the United States still maintains tens of thousands of soldiers in South Korea, more than half a century after the Korean War.

    The U.S. Department of Defense (DoD) on August 16 released its annual report to Congress on the current military status of the People’s Republic of China. According to the report, the DoD “estimates China’s total military-related spending for 2009 to be over $150 billion, using 2009 prices and exchange rates.” By comparison, the DoD 2009 annual report estimated “China’s total military-related spending for 2008 to be between $105 billion and $150 billion, using 2007 prices and exchange rates.”

    The new DoD report outlined China’s recent military buildup, offering an assessment of China’s current military readiness and long-term plans.

    The Executive Summary of the DoD’s report states that “China’s ability to sustain military power at a distance, today, remains limited.” But how about the future? The China Daily (the Communist state-run Chinese newspaper) reported that “more than 1,000 army and air force officers and soldiers from China’s People’s Liberation Army (PLA) will take part in an anti-terror exercise in Kazakhstan this autumn,” according to Chinese Defense Ministry spokesmen.

    The Chinese military exercise will take place at the Matybulak base, near Gvardeisky in Kazakhstan, as part of the Shanghai Cooperation Organization’s (SCO) “Peace Mission 2010” annual military exercises, which will be held this year from September 9 to 25.

    The Shanghai Cooperation Organization is a Euroasian collective security pact composed of China, Russia, and several former Soviet central Asian republics such as Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan. Other SCO observer member-states include Belarus, Mongolia, Pakistan, India, and Iran. Working together as one, the SCO’s main goal, according to its official website, is to combat “terrorism, separatism and extremism.” The SCO is described by ma in the West as constituting a challenge to U.S. or Western influence in central Asia, viewing the SCO as the anti-NATO of the East or new Warsaw Pact.

    China’s ability to project its military might beyond its borders may well be limited for now, but its spearheading of the SCO in 2010 has given it new opportunities to conduct mock-war games and military drills outside its country. The news of China’s deployment to Kazakhstan, even if only for a couple of weeks, demonstrates that China is determined to expand its foreign and/or overseas capabilities.

    Page 2 of the DoD’s report also stated that the Chinese Navy is “improving its over-the horizon (OTH) targeting capability with Sky Wave and Surface Wave OTH radars. OTH radars could be used in conjunction with imagery satellites to assist in locating targets at great distances from PRC shores to support long range precision strikes, including by anti-ship ballistic missiles.” (Emphasis added.)

    In regards to anti-ship ballistic missiles, the Chinese PLA recently officially unvieled its new deadly "game changing" sea-killer — the Dong Feng 21A. The Dong Feng 21A, as reported by FOX News, is capable of penetrating the "defenses of even the most advanced moving aircraft carrier from a distance of more than 900 miles" and would be able to cause severe or critical damage to such an aircraft carrier well before it could retaliate by luanching its fighter jets to Chinese shores.

    Read more..........

    http://www.thenewamerican.com/index...a-sets-to-exert-its-military-influence-abroad
     
    #243     Aug 25, 2010
  4. Wars are like forest fires that helps clear out excess growth and prepares the soil for new stronger growth.

    Wars Culls the excess male population as well. We need the occasional world wars but the whole nuclear weapons invention put a monkey wrench in the natural progression.
     
    #244     Aug 25, 2010
  5. Military budget of the United States

    For the 2010 fiscal year, the president's base budget of the Department of Defense rose to $533.8 billion. Adding spending on "overseas contingency operations" brings the sum to $663.8 billion.

    When the budget was signed into law on October 28, 2009, the final size of the Department of Defense's budget was $680 billion, $16 billion more than President Obama had requested. An additional $37 billion supplemental bill to support the wars in Iraq and Afghanistan was expected to pass in the spring of 2010, but has been delayed by the House of Representatives after passing the Senate. Defense-related expenditures outside of the Department of Defense constitute between $216 billion and $361 billion in additional spending, bringing the total for defense spending to between $880 billion and $1.03 trillion in fiscal year 2010.

    http://en.wikipedia.org/wiki/Military_budget_of_the_United_States
     
    #245     Aug 26, 2010
  6. Neva endereshtymait ze Chainese diffense budjet. Eh Chainese shojure gedz payd 1/10 ze emound uv eh US shojure. Duz, eh $150 beellyon Chainese budjet haz ze eweevelent purrjazing poware uv $150 x 10 = $1.5 treellyon...
     
    #246     Aug 26, 2010
  7. U.S. Concerned About Iran's Assault Boats and Drone

    AFP news reported on August 25 that Iran's recent unveiling of new missile-firing assault boats and an aerial drone is a source of concern for U.S. officials. State Department spokesman Philip Crowley told reporters: "This is ... something that is of concern to us and ... concern to Iran's neighbors."

    Crowley acknowledged that every country has the right to provide for its self-defense and that the United States will "take into account ... systems that can potentially ... threaten particular countries or peace and stability in the region."

    In response to "the growth [of] Iran's capabilities over a number of years, we've stepped up our military cooperation with other countries in the region," Crowley said.

    http://www.thenewamerican.com/index...concerned-about-irans-assault-boats-and-drone
     
    #247     Aug 26, 2010
  8. Good heavens, we need to either bomb their nuclear facilities or shut up!
    Truly confident people don't go around talking about what they CAN do or what they're GONNA do.
    They just do it.
     
    #248     Aug 26, 2010
  9. US panel: Mumbai II may provoke full blown India-Pakistan war

    http://news.in.msn.com/international/article.aspx?cp-documentid=4364285
     
    #249     Sep 13, 2010
  10. Guess you don't have children.

    Perhaps you can grow a set and, instead of harping your childish conspiracy theories here at ET, do something about it. How about, just for yuks, you step away from you desk and DO something to that will change the way the morons think. Oh, but that would entail some work, wouldn't it.




     
    #250     Sep 13, 2010