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Doug Hornig's avatar

And speaking of government spending, the DoD's IG has just released a report on the cost of the Iran war, including this: “USCENTCOM reported that Iranian strikes damaged and destroyed hundreds of buildings and structures at U.S. bases in Kuwait, Bahrain, Qatar, UAE, Saudi Arabia, Iraq, Oman, and Jordan.” The IG didn't estimate how much repairs would cost, but an independent analyst thinks maybe $200 billion. I suppose the DoD could do that, altho with what money is a good question. Or, here's a modest proposal: We could decide those bases serve no real purpose and just walk away from them...

Paul Murray's avatar

Most of them have major damage right now. More damage and it won't take much for us to abandon them. Like JFK's compulsive philandering, this part of the Iran War has not been generally reported in the mainstream media. Still, we walk away from everything sooner or later, based on my personal observation/experience of life in the USA. In the case of Afghanistan, we ran away. In Korea, we have been sneaking out a piece at a time. In Viet Nam, we evacuated a fortunate few off the rooftops with helicopters. President Trump proposes from time to time that we close European bases. I don't know whether he does that for momentary leverage or whether he's actually trying to prepare us for what's coming. Best always. PM

Paul Murray's avatar

Example of Fake News: Yesterday afternoon a message from the AP showed up in my inbox with the headline: "Photos of world leaders confronting global crises at the UN General Assembly". The message did, in fact, contain photos from the UN General Assembly. What the message did not convey was the underlying fact: world leaders don't confront global crises; they create them. Best always. PM

Kevin Wood's avatar

All the news you want to hear. Critical thinkers need not subscribe. Opposing viewpoints are no longer tolerated. That might lead to (gasp!) debate… or even worse, civil discourse. We all know that in today’s world, those who think differently from us are the enemy. Play it safe. Only read what you already agree with.

Kenneth LeMaster's avatar

I get this correspondence too. Frankly alot of this correspondence is so out of line with reality that, in my case, its (thankfully) far less effective than it could be.

Tom's avatar

No one seems to notice that while diesel is at all time highs crude is not. With fewer refineries in CA. Trucking in diesel gets expensive. I also feel taxes on diesel are at all time highs as well.

Agent22Smith's avatar

Perhaps more accurate, “I pity the fool[s]”. Mr. T

John Henry Aiken's avatar

Boy, wages are sure down,Bill. It's only $86,000 median wage!! In any other country that is the upper class. Just sayin.

Jimm Roberts's avatar

J H A -- In our country, the purchasing power of our wages, regardless the amount, buys less and less each year.

It's one of the reasons some people are buying items that don't lose value and/or produce monthly income (e. g., gold, rental properties, REIT's, etc)

Tim Pallies's avatar

That was for a family if I'm not mistaken. And "median" includes a whole lot of people making good money. I read not long ago that half of the workers in the country earn $30,000 or less. That sounds tough.

Mackinac's avatar

Here we go again. But Bill I thought you were more interested in economic analysis for an article or two.

Ed Uehling's avatar

Yea, Bill, $9 per gallon has nothing to do with our policy insanities or the warmongering Military Industrial Complex (MIC) or its handsome but fake cowboy leader. Above all, don’t connect any dots between the cockroaches and the economic realities which the former are so confidently producing. Get over it, Bill, and support our brilliant President in his patriotic and Christlike plan to liquidate 90,000,000 Moslems (on behalf of his/our bosses in Israel) and avoiding any personal exposure to Epstein. Please focus on what’s REALLY important!