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re: Ukrainians have now attacked a second critical Russian nuclear early warning radar.

Posted on 6/19/24 at 12:30 am to
Posted by RiverCityTider
Jacksonville, Florida
Member since Oct 2008
6611 posts
Posted on 6/19/24 at 12:30 am to
quote:

Aegis onboard our destroyers with SM-3 missiles has been accurately tested against mid phase ICBMs on a 1 to 1 basis. The GMD is 4 to 1


Those are actually really good numbers if I understand you correctly.
Posted by LSURussian
Member since Feb 2005
133653 posts
Posted on 6/19/24 at 2:15 am to
quote:

We can't push the Russians back. We are only forcing Russia to push forward.

Why do that?
You are embarrassing yourself and I’m not even referring to your constant misuse of “your” for “you’re” and “route” for “rout.”
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135699 posts
Posted on 6/19/24 at 4:03 am to
quote:

That reminds me, are you still holding BA? Didn't you get in it at $288, if I recall correctly?

Every time BA is in the news, which seems to be a LOT these days, I think about you...
Nah, we’re out of BA. I don’t recall a cost basis at $288.

$228 maybe? July 2021?

Exited that position 2/3rds @ $229 Nov 2021 and 1/3rd a month later @ $198

I was really more disappointed in the company than the loss in that instance. Terrible leadership.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135699 posts
Posted on 6/19/24 at 4:16 am to
quote:

it isn't surprising that a revanchist regime came to power after a hegemonic period
It is surprising that you'd forward those opinions as fact though. Yeltsin was not really hegemonic. Nor is Putin's motivation necessarily revanchist in nature.
Posted by LookSquirrel
Old Millville
Member since Oct 2019
7654 posts
Posted on 6/19/24 at 7:47 am to
quote:

I have apparently driven some old dude to write out that melt. That's a chef kiss of melts. You should log off. You aren't built for the internet man.


Congratulations. You have now accomplished something. Your apparent glee at having done so is disturbing.

I won't be playing your twisted little game anymore.

Enjoy your "win", for now.
Posted by LSURussian
Member since Feb 2005
133653 posts
Posted on 6/19/24 at 9:04 am to
quote:

Nah, we’re out of BA.
Thank goodness! Now I can stop worrying about you whenever a new Boeing calamity is reported.

quote:

Terrible leadership.
Agreed.
Posted by LSURussian
Member since Feb 2005
133653 posts
Posted on 6/19/24 at 9:33 am to
quote:

Russia is far more European than asiatic in every way.
West of the Urals, maybe.

East of the Urals, maybe not.

All those years in which the Mongol Empire's Khans occupied almost all of "Russia" all the way to Kiev left a permanent DNA mark on Russia. It's why many ethnic Russians have almond-shaped eyes.



The descendants of the Mongols are significant in many areas of Russia including at least three semi-autonomous republics, Tatarstan, Bashkortostan and Buryatia where watered-down ethnic Mongols make up a majority of the population.
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
36003 posts
Posted on 6/19/24 at 10:00 am to
Start a fight, don't be surprised if your vulnerabilities are exploited by your competitor.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135699 posts
Posted on 6/19/24 at 12:02 pm to
quote:

I can stop worrying about you whenever a new Boeing calamity is reported.

At this stage, we're all cap gains. So the portfolio is very diversified. Even if I got massacred in an individual holding, I'd be better than OK. I'd guess you're similar.

TBH this year is going to be a pretty big year. We could use a BA type loser or two. Uncle Sam is giddily rubbing his hands together.
Posted by LSURussian
Member since Feb 2005
133653 posts
Posted on 6/19/24 at 12:26 pm to
quote:

TBH this year is going to be a pretty big year. We could use a BA type loser or two. Uncle Sam is giddily rubbing his hands together.


That was last year for us.

I sold so much investments in the second quarter last year that we got hit with an "excess investment income tax surcharge" (which I'd never even heard of before) which amounted to about an additional 4% tax added onto the regular capital gains tax.

It caught me off guard so we had to pay a penalty for under paying estimated taxes for the second quarter last year although we had a net credit and refund for the full year's estimated taxes paid in.

That was a first for me...

I'm starting to identify with the quote attributed to Will Rogers, "These days I'm more interested in return OF my money than return ON my money."
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135699 posts
Posted on 6/19/24 at 12:34 pm to
quote:

I sold so much investments in the second quarter last year that we got hit with an "excess investment income tax surcharge" (which I'd never even heard of before) which amounted to about an additional 4% tax added onto the regular capital gains tax.
NIIT?
Posted by LSURussian
Member since Feb 2005
133653 posts
Posted on 6/19/24 at 12:56 pm to
quote:

NIIT?
I'm not sure what that is.

I do my own taxes using TurboTax and when I saw it was saying I owed a penalty for underpayment I tried to research why I was being assessed an under payment penalty when I had an almost $4,000 refund (credit) for the full year.

When I backed out the second quarter capital gains the penalty went away.

So I searched for capital gains tax penalties and the only thing I could find was a "surcharge" (my word, not the IRS) of about 4% on top of the regular long-term capital gains taxes on capital gains exceeding $250,000 for a married couple filing jointly.

For me, it was just easier to pay the penalty and move on.

I want to blame Elizabeth Warren.
This post was edited on 6/19/24 at 1:04 pm
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135699 posts
Posted on 6/19/24 at 3:24 pm to
quote:

When I backed out the second quarter capital gains the penalty went away.

So I searched for capital gains tax penalties and the only thing I could find was a "surcharge" (my word, not the IRS) of about 4% on top of the regular long-term capital gains taxes on capital gains exceeding $250,000 for a married couple filing jointly.
That sounds like Net Investment Income Tax, the Obamacare tax. 3.8% applied to Cap Gains if your income exceeds threshold.

Sucks in that STCG's become the highest taxed income (after already paying tax on the money once). So my CPA spouse works very hard to minimize tax loss exposure there.
Posted by LSURussian
Member since Feb 2005
133653 posts
Posted on 6/19/24 at 3:30 pm to
quote:

That sounds like Net Investment Income Tax, the Obamacare tax. 3.8% applied to Cap Gains if your income exceeds threshold.
That must be it. I missed that little tidbit in the Obamacare act. I still blame Elizabeth Warren...

quote:

So my CPA spouse works very hard to minimize tax loss exposure there.
Now you're just showing off...
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135699 posts
Posted on 6/19/24 at 3:45 pm to
quote:

I still blame Elizabeth Warren...
That lying itchB was on CNBC this week, still yammering about how the "government bailed out" Jamie and JPM during TARP. Have to hand it to her, she never let's truth get in the way of her narrative.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135699 posts
Posted on 6/19/24 at 4:40 pm to
quote:

I have apparently driven some old dude to write out that melt. That's a chef kiss of melts. You should log off. You aren't built for the internet man.


Congratulations. You have now accomplished something. Your apparent glee at having done so is disturbing.
Yeah, I've never understood the desire of an intelligent person to "shitpost." He and I have discussed that. It's also not a particularly good look, given his professional pursuits. Your resume is pretty damn impressive BTW.
Posted by The Levee
Bat Country
Member since Feb 2006
11679 posts
Posted on 6/21/24 at 2:06 pm to
Lockheed Martin got the contract for a new interceptor missile that has the ability to fire off a projectile that is autonomous and is able to destroy MULTIPLE ICBM’s In outer space.

Probably lasers but it’s classified. Expected to be done in 2028 (so it’s probably already in use)


If this is the case, the time to strike with ICBM’s has passed and our enemies would have to rely on more conventional modes of delivery.

Checkmate

This post was edited on 6/21/24 at 2:11 pm
Posted by LookSquirrel
Old Millville
Member since Oct 2019
7654 posts
Posted on 6/21/24 at 3:21 pm to
quote:

Yeah, I've never understood the desire of an intelligent person to "shitpost." He and I have discussed that. It's also not a particularly good look, given his professional pursuits. Your resume is pretty damn impressive BTW.


Yes, he has a pretty strange hobby, and I should not have swallowed his bait, I am not aware of his "professional pursuits", but if it ever requires a security clearance, he may be SOL.

Lost my cool though, and that's on me.

Had an interesting career but, looking back it was mostly BS. Spent over 20 years going from place to place to talk about (redacted), and even produced a couple white papers and for what?

Pretty much nothing.

Basically, wasted A LOT, (and I mean A LOT), of taxpayer money over those years. Most important thing I learned to do was to never leave any of the funds in our designated budgets on the table.

Every September would be a desperate spending spree to make sure every dime has been spent.

Lunacy!

Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135699 posts
Posted on 6/21/24 at 4:26 pm to
quote:

Every September would be a desperate spending spree to make sure every dime has been spent.
That triggers memories.

Use it or lose it has got to end. There is scarcely a better example of fraud, waste, and abuse in US spending.

Learned that game the hard way during my own stint in the military. Just after I took over a division, I filed a reasonable budget (or so I thought). For interested folks, DO NOT EVER file a reasonable budget in a government position.

They cut our (my) requests in half. Fortunately, within weeks, I received an additional appt affiliated w/ HHS in DC, was able to leverage needs for the dept., and recovered.
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