Recent content by WorldWatcher

  1. WorldWatcher

    What's the best defense against Iran's drones?

    Missiles don't cost $20,000,000: AIM-120 ($1-$2 Million each), Patriot about $4 million), Iron Dome $40-$50 thousand). Cost of the "drones" varies wildly depending on complexity, range, etc. But you are correct, there is usually a cost disparity between cheap drones and the weapons used to...
  2. WorldWatcher

    Positive & Negatives From Iran War

    I was thinking today and two thoughts keep popping into my head and both are related to "time". China Depth of Magazine CHINA: I'll bet you next months DFAS check that China is watching US action very, VERY closely. Doing to us what we did to Russia in Ukraine - watch and observer. Examine...
  3. WorldWatcher

    Funny Pictures Thread: Part 2!!

    It can be confusing because states will often use DOE as part of their designation. For example, Virginia would be VDOE. WW
  4. WorldWatcher

    Funny Pictures Thread: Part 2!!

    Officially it's ED. Another often used for clarity are DoEd. WW
  5. WorldWatcher

    Are you a Boomer? Congratulations, You Won the Economy!

    By law excess SS funds in the trust must be sold to the federal government as Special T-Bills and those T-Bills are held earning interest for later cash out. The revenue from the T-Bills is available for spending. They exist in the Trust as an IOU accumulating interest. WW
  6. WorldWatcher

    Are you a Boomer? Congratulations, You Won the Economy!

    My wife and I are some of the lucky ones. We have multiple revenue streams in retirement. A 25% cut in SS translates into a 7% reduction in income. Some are not so lucky. WW
  7. WorldWatcher

    Are you a Boomer? Congratulations, You Won the Economy!

    And how do you think the "ripping the band aid" off approach is going to go with voters and the elected officials they put in office? WW
  8. WorldWatcher

    Are you a Boomer? Congratulations, You Won the Economy!

    Boy does that bring up some memories. In the 70's I was probably one of the last of a dying breed in our small town. A teenage paper boy. 7 days a week up well before dawn to deliver my route and be home by 7'ish to cleanup, grab a bite and head off to school. About that time they began...
  9. WorldWatcher

    Are you a Boomer? Congratulations, You Won the Economy!

    Sincerely, thank you very much. Now let's take a look at the plan. Current SS expendatures are about $1.48 TRILLION (and that will grow over the next decade as more boomers retire) dollars per year which is funded by FICA and the Trust Fund. You are seriously going to end SS FICA deductions...
  10. WorldWatcher

    Are you a Boomer? Congratulations, You Won the Economy!

    I’m cool with that. What is the transition plan for the change over that accounts for different the groups? Grandfathered? End SS collections and pay no more benefits immediately? Phased transition? If phased, what is your plan to divert money from SS into private accounts yet still fund...
  11. WorldWatcher

    A total of 36 people signed up to shovel snow for $19/hour in New York City…so Mamdani raised it to $30/hr

    Legal requirements to hire employees. Correct. No ID required. However if your are going to be hired to shovel snow as an employee, then there are federal employment requirements. No, they aren't. Sad. NYC isn't hiring illegals. The I-9 doesn't prevent people from working. NYC...
  12. WorldWatcher

    A total of 36 people signed up to shovel snow for $19/hour in New York City…so Mamdani raised it to $30/hr

    WTF are you talking about. The ID and completion of the Federal I-9 is federal law. Now you are trying to bash him as an employer for following the law? BTW - an NGO hiring people to shovel snow would still have to comply with the law so your whole "NGO" makes no sense. WW
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