HOW MUCH IS A TRILLION DOLLARS

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?

Brophy | Sunday 31 December 2017 - 2:06 pm | | Brophy Blog | No comments

CUT THRU THE BS ON THE TAX PLAN

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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Brophy | Monday 25 December 2017 - 5:09 pm | | Brophy Blog | No comments

NOTES ON GENERAL COLIN POWELL

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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Brophy | Monday 11 December 2017 - 4:59 pm | | Brophy Blog, Kearsarge Marines | No comments