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Old 10-19-2012, 11:11 AM   #1
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The official Obama FAIL thread

I'll start it with a complete list of the Green Energy companies that the government funded that are now bankrupt or heading there:



The complete list of faltering or bankrupt green-energy companies:

Evergreen Solar ($24 million)*
SpectraWatt ($500,000)*
Solyndra ($535 million)*
Beacon Power ($69 million)*
AES’s subsidiary Eastern Energy ($17.1 million)
Nevada Geothermal ($98.5 million)
SunPower ($1.5 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDel’s subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
National Renewable Energy Lab ($200 million)
Fisker Automotive ($528 million)
Abound Solar ($374 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($6 million)
Johnson Controls ($299 million)
Schneider Electric ($86 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.4 million)*
Stirling Energy Systems ($7 million)*
LSP Energy ($2.1 billion)*
UniSolar ($100 million)*
Azure Dynamics ($120 million)*
GreenVolts ($500,000)
Vestas ($50 million)
LG Chem’s subsidiary Compact Power ($150 million)
Nordic Windpower ($16 million)*
Navistar ($10 million)
Satcon ($3 million)*

*Denotes companies that have filed for bankruptcy.

http://blog.heritage.org/2012/10/18/...ergy-failures/

This is what you get with centralized government planning rather than capitalism.

I'll add more fails in time. I just found this article and thought it would be a good start.
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Old 10-19-2012, 11:22 AM   #2
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Originally Posted by WherzRoony View Post

This is what you get with centralized government planning rather than capitalism.
Similar to my problem with Obama Care. You can't socialize medicine with capitalist doctors, hospitals and pharmaceutical companies.

There are so many fails in the current administration.
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Old 10-19-2012, 11:59 AM   #3
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And unfortunately I think we are headed for four more years of it. I HOPE I am wrong.
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Old 10-19-2012, 12:52 PM   #4
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I think Romney is ahead in the polls right now


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Old 10-19-2012, 01:06 PM   #5
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Career Politicians RARELY prove worthy of the presidency. The most effect presidents were the ones who came from previous leadership positions (Governors, ect) (With the exception of Kennedy)

The fact that Romney has a track record for major success in the private sector and major success as a governor, should slap you in the face as proof that he is more capable of running the country. Instead people prefer some state and US senator that sat on capital hill collecting an over sized paycheck.
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Old 10-19-2012, 03:53 PM   #6
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Career Politicians RARELY prove worthy of the presidency. The most effect presidents were the ones who came from previous leadership positions (Governors, ect) (With the exception of Kennedy)

The fact that Romney has a track record for major success in the private sector and major success as a governor, should slap you in the face as proof that he is more capable of running the country. Instead people prefer some state and US senator that sat on capital hill collecting an over sized paycheck.
Very well put my friend


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Old 10-22-2012, 05:58 PM   #7
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these companies are on the horizon of test and development in uncharted waters, so their ideas didn't work or need further development. And that folks is called research and development. so out sourcing jobs and technology is the answer because that's what your boy romney is doing. We are behind to some degree of this technology, because the oil boy's have sabotaged the green industry because they one, have the money and politicians to do it, two know we have a great need for oil...people are so short sighted....
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Old 10-22-2012, 06:02 PM   #8
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these companies are on the horizon of test and development in uncharted waters, so their ideas didn't work or need further development. And that folks is called research and development. so out sourcing jobs and technology is the answer because that's what your boy romney is doing. We are behind to some degree of this technology, because the oil boy's have sabotaged the green industry because they one, have the money and politicians to do it, two know we have a great need for oil...people are so short sighted....
Sabotaged of is it just a scam and a waste of money? Lol I love these excuses. It's all bushs fault and were being sabotaged. Lol


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Old 10-23-2012, 08:07 AM   #9
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Hey I want to research some new ideas. Give me 100million dollars. I can last longer as a company than they did.
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Old 10-23-2012, 08:59 AM   #10
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the us needs a 3rd major player to oppos the existing political masters. power corrupts and with only two political parties they have become used to sharing the cake.
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Old 10-24-2012, 04:04 PM   #11
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Obama fail thread?

47,000,000 on food stamps
$16,100,000,000 Debt
$1,200,000,000 deficit
1.5% anemic GDP growth
50% reduction in oil drilling permits
One new oil refinery application approved in 44 months.
$700/year tax on every single American that does not have health insurance.
Credit downgrade from AAA to AA.

And most recently - Libya. Apologizing for a youtube video? Really? I'm embarassed.
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Old 10-30-2012, 12:28 PM   #12
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Quote:
Originally Posted by WherzRoony View Post
I'll start it with a complete list of the Green Energy companies that the government funded that are now bankrupt or heading there:



The complete list of faltering or bankrupt green-energy companies:

Evergreen Solar ($24 million)*
SpectraWatt ($500,000)*
Solyndra ($535 million)*
Beacon Power ($69 million)*
AESís subsidiary Eastern Energy ($17.1 million)
Nevada Geothermal ($98.5 million)
SunPower ($1.5 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDelís subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
National Renewable Energy Lab ($200 million)
Fisker Automotive ($528 million)
Abound Solar ($374 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($6 million)
Johnson Controls ($299 million)
Schneider Electric ($86 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
Olsenís Crop Service and Olsenís Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.4 million)*
Stirling Energy Systems ($7 million)*
LSP Energy ($2.1 billion)*
UniSolar ($100 million)*
Azure Dynamics ($120 million)*
GreenVolts ($500,000)
Vestas ($50 million)
LG Chemís subsidiary Compact Power ($150 million)
Nordic Windpower ($16 million)*
Navistar ($10 million)
Satcon ($3 million)*

*Denotes companies that have filed for bankruptcy.

http://blog.heritage.org/2012/10/18/...ergy-failures/

This is what you get with centralized government planning rather than capitalism.

I'll add more fails in time. I just found this article and thought it would be a good start.
I won't go through every company on your list, but searching the first company on your list, Evergreen Solar, did in fact file for bankruptcy. Only problem is that the funding this company received was from the state and not Obama's program. This is the FIRST company on your list that you copied and pasted into your comment from that link you provided.

Finding information about this topic that isn't coming from a blog turns up strikingly different results. The energy department has dozens of programs that provided some form of funding to over 1,300 companies in renewable energy. Less than 1% of those have gone bankrupt. There are two programs that provided funding to the companies that people referred to as Obama picking winners and losers. Those two programs funded 63 companies. A total of 5 of those federally funded energy companies have gone bankrupt. The other 58 are still doing business.
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Old 10-31-2012, 02:09 AM   #13
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Old 11-02-2012, 12:56 AM   #14
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You still have my vote Obama :)
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Old 11-02-2012, 02:53 AM   #15
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A few more fails to add to Obama's list of accomplishments. 1. Obamanationcare 2. The extension of the patriot act. 3. THE NDAA!!! 4. The Current cover up of the Benghazi incident where two former SEALS were left to die!!
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Old 11-02-2012, 03:23 AM   #16
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This is pretty bad but I know for a fact Romney's fail thread would be a lot worse!!!


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Old 11-02-2012, 03:28 AM   #17
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Vote Ron Paul!!
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Old 11-02-2012, 10:14 AM   #18
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Old 11-02-2012, 10:49 AM   #19
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"reduce the deficit in half after 4 years!!!" That was a joke we just didn't get it.
You can't reduce a deficit by spending more money. A community organizer should even understand this but when you deal with others money for so long you probably forget that.

Let's tax all the rich, let's just take everything they have....
There isn't enough money to fix the problem. The problem is SPENDING!!!!!!!!!!
You can't create a larger government and expect the spending to be reduced. It doesn't add up. Let's create a new form of government. Let's call it the Dept of Business. What a freaking joke. We need to make our government smaller not bigger. It's very easy. You cut spending of the things we don't NEED or DEPTS that don't come in on a balanced budget. You put a cap on unemployment, you also put in an opt out section for SS. You get the money you put in and that's it. You want welfare, fine but it's not a free for all at the store to get what you want. You get cheese/milk/ramon noodles. Make it where they don't want to be on welfare and people won't be so eager to get on it. So joyful checking out at the store in front of me and then buy all their beer/cigs with a wad of cash. If it's so rare to those that think it is, why do I see it all the time? I don't even go to the store that often and I see it everytime.

This is your life, this your families lives, this is your kids (future kids) lives we are voting on. Vote for someone that has business experience. A person that knows what it is like to have to go to work, one that shows up at meetings about the job and understands that "HIS" decisions are his you don't blame them on others, stand behind your decisions and someone that can admit they have been wrong. I would have more respect for anyone that would just say "I WAS WRONG"
If I am wrong and he can pull us through this I will admit it but there is nothing that has been done the past 4 years that is going to change in the next 4 years. No new plan just keep spending/borrowing/GIVING/TAKING it has to be fair right? Don't you all think you have a pretty nice bike that someone else doesn't have and they should deserve to have just because?
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Old 11-02-2012, 11:47 AM   #20
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these companies are on the horizon of test and development in uncharted waters, so their ideas didn't work or need further development. And that folks is called research and development.
You're 100% correct, and that's why PRIVATE industry will invest in these companies that show promise and if they are worthy, then they will succeed! It shouldn't be gambled with tax payer dollars.

That is NOT why you tax us!
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Old 11-02-2012, 11:50 AM   #21
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How about

The latest jobs report by the Bureau of Labor Statistics.

Unemployment rose to 7.9% (U3 rate)
Workforce rate is still lower than it was in 2011, 2010 or 2009
Workforce population ratio is still lower than it was when the president took office
GDP in 2012 (1.76) is lower than it was in 2011 (1.8%), 2011 was lower than it was in 2010 (2.4%).
National debt stands right now at $16,225,874,xxx,xxx.xx (compared to $10.626 trillion when he took office)
Gas Prices sit at an average of $3.68 a gallon
Median Household income is at $50,678.00, down from 2011 ($51,027.00), which was lower than 2010 ($51,857.00), which was lower than 2009 ($53,077.00) which was lower than when he took office Jan 20th, 2009 ($55,198.00)
Benghazi, HOLY CRAP lets not even start on that! That is BEYOND disgusting!!!!!!

Anyone notice we are trending DOWNWARD? Why would we expect anything different if we vote for more of the same?


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Old 11-02-2012, 01:00 PM   #22
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You're 100% correct, and that's why PRIVATE industry will invest in these companies that show promise and if they are worthy, then they will succeed! It shouldn't be gambled with tax payer dollars.

That is NOT why you tax us!
What horseshit. The government invests (and gables) in all kinds of sh*t. You think the tree huggers love the fact that defense contractors get ludicrous amounts of money every year to do R&D? The money spent on that stuff FAR outstrips the money spent on renewable energy initiatives. Maybe it's my perspective, but I think it's better to be pissing away money on figuring out how to become self sufficient than to piss it away finding better and better ways to destroy your neighbor.

Some projects have to much risk/too long of a payback period to be considered by private industry. Governments are needed to invest in those kinds of things otherwise they simply won't get done.

I'm sure you think the government should have stayed out of NASA and DARPA and a whole host of other amazing institutions/organizations that have given back far more to society than what it cost to run them.

Want to talk about a society going backwards? Keep cutting investments in science/education. See how much pioneering research is done by the private sector when you can't expect a return on your investment.
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Old 11-02-2012, 01:04 PM   #23
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See pbeaul, that's where you're messed up...

If we were taking money that was being spent in one place and invested THAT money someplace else, that would be an argument you could make. But it's not.

We are simply spending that money in BOTH places!

I don't want the GOVERNMENT GAMBLING with MY money! If I wanted to gamble it, I would!

Ever heard of the "Constitution"?
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Old 11-02-2012, 01:14 PM   #24
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Despite many of us having different political views, EVERYONE be sure to go vote on Tuesday.

I wonder if these political threads will quiet down after the election is over......
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Old 11-02-2012, 01:20 PM   #25
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Sounds a lot like Social Security. Government will invest the money that we all give them for our future and in return we get money back IF we are eligible when they see fit to give it back but that money won't be there when I am able to collect on it so I should be able to opt out because they don't know how to invest because the government doesn't know how to make money it only knows how to spend it and collect more. Let me invest in what I want to. Maybe I don't want Social Security? Maybe I want to buy lotto tickets with all that money and take my chances on that. Probably have a better shot at getting a return on it!!!
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Old 11-02-2012, 01:28 PM   #26
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Despite many of us having different political views, EVERYONE be sure to go vote on Tuesday.

I wonder if these political threads will quiet down after the election is over......
You are 100% right on that! And yea I bet they will. Unless Romney starts pulling the same crap Obama has, then we have to speak up so that in 2016 we vote him out too!

We MUST hold all of them to their word!
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Old 11-02-2012, 03:29 PM   #27
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@pbeaul. I work in defense contracting. Although things could be tightened up, you can thank us for you being able to sleep safe and sound at night. Do some research on China....all the stealing they do from us and why did they just get one of their first fighter jets developed. Money is spend to stay AHEAD of the rest. And thats just China, do some more research on the middle east. So YOU ARE WELCOME

On another note...@niner
Out of curiosity...why would you go with Romney over someone third party (besides your vote being potentially wasted). IMO Obama is obviously a "Dee De De" but Romney just seems to crooked to me. I just personally don't think we are going to get any primary candidates that are worth anything besides 3rd party ppl that don't have the funds to compete.
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Old 11-02-2012, 05:47 PM   #28
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On another note...@niner
Out of curiosity...why would you go with Romney over someone third party (besides your vote being potentially wasted). IMO Obama is obviously a "Dee De De" but Romney just seems to crooked to me. I just personally don't think we are going to get any primary candidates that are worth anything besides 3rd party ppl that don't have the funds to compete.
I think you said it right there.

I have weighed the risk vs reward (which I do with everything). And I believe I side more with Ron Paul or Gary Johnson, I don't see enough support to get either of them elected. I look at someone like Gary Johnson like a home run, and Romney like a single.

If I swing for the home run and miss, OMG look what we are left with... The risk is FAR to high. So I will go for the single, and when/if Romney doesn't either keep the promises he made or pulls some of the GARBAGE Obama has pulled, then I think 2016 is a whole other story. I think by then we CAN get the support for someone like Johnson/Paul to make a difference.

Now, I have some close friends who have tried the, "getting 5% of the vote will encourage them for the next one", I think that's ridiculous personally...

No one ever looks at the bottom of the results and says "lets do what they did", they look to the top of the ticket. And THAT is where our system has failed us. Allowing Obama to remain as president encourages more of the same BS we have gone through. It tells future politicians that, no matter how much you lie, cheat and disgrace, just tell us everything is fine and we'll let you stay. We cannot allow that. We have to prove that if you lie, you're gone!

This, IMO is that step one. And if/when Romney lies, cheats, etc.... in office, guess what? We MUST vote him out! If we can do that as a nation, imagine how fast candidates will be fighting to address actual problems.

I don't think I could have voted for Ron Paul (because of his isolationist views) but I look forward to hearing and seeing more of Gary Johnson.

I may not like everything about Romney, but I don't believe he's crooked. He's done some GREAT things in his life, from his charitable donations, working without pay for YEARS as Gov, head of the Olympics, etc... Those things should be recognized.

I am willing to make a compromise in life, and this is one I am willing to make, this time. 2016 I imagine will be different, unless he shocks me. But honestly, I would be shocked if he's able to keep the promises he's already made.

Now, with that said, if he's able to accomplish half of the goals he has set forth (U3 near 3%-which will NEVER happen, reform healthcare, lower taxes, see 12 million jobs, reform social security, prevent nuclear Iran-without war, etc...) then he will have achieved things our nation has needed for a LONG time! And these are things we have been promised for a long time.

Achieving half of them would be a success, but they won't be enough because of the goals he has set. I will applaud him for achieving half of them and then I will vote him out for not keeping his promise.

If I demand these standards of Pres Obama, I must demand them of the next president as well.
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Old 11-03-2012, 02:03 PM   #29
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Quote:
Originally Posted by Niner1000RR View Post
See pbeaul, that's where you're messed up...
I'm messed up because I don't subscribe to the same ideology that you do? That's a sound argument if I ever heard one!

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Originally Posted by Niner1000RR View Post
If we were taking money that was being spent in one place and invested THAT money someplace else, that would be an argument you could make. But it's not.

We are simply spending that money in BOTH places!
You make it sound like running government is such a simple thing. Spend money on A or B. The reality is FAR from that. So because so much money gets spent on military R&D... that means you can't spend anything on energy R&D? Hell, a big enough breakthrough and/or mass production of stuff could actually help the military.

Although you may disagree with it, one of the governments jobs is to invest into the economy in times like these, to try and keeps things moving along. You can debate economic theory all you like, but many respected people far smarter than both of us agree with that.

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Originally Posted by Niner1000RR View Post
I don't want the GOVERNMENT GAMBLING with MY money! If I wanted to gamble it, I would!
Well, they've been doing it for literally hundreds of years... Anytime you "invest" money, you're taking a chance that it will fail, in essence you're gambling. How is an investment in R&D/factories for renewable energy any different than say the Hoover Dam? There was a chance the Hoover Dam could fail or that things could go drastically wrong, was the government overstepping its responsibility when it used public funds on that project?

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Originally Posted by Niner1000RR View Post
Ever heard of the "Constitution"?
What about it? Did I miss the part that says the government can only invest in **** that makes republicans happy?

More importantly, I can't remember the last time the government actually cared about adhering to the spirit of that document. Government sees it as a mere inconvenience... something they just work around by making secret interpretation of laws and all kinds of other bullsh*t.


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Originally Posted by lownslo600 View Post
@pbeaul. I work in defense contracting. Although things could be tightened up, you can thank us for you being able to sleep safe and sound at night. Do some research on China....all the stealing they do from us and why did they just get one of their first fighter jets developed. Money is spend to stay AHEAD of the rest. And thats just China, do some more research on the middle east. So YOU ARE WELCOME
Yawn, spare me the pathetic propaganda. I do more "research" in a single week than you probably do in 6 months. Oh no, china is building some 5th gen aircrafts... Who cares? How exactly are those a threat to any American? How are those going to travel the 8000+ miles needed to attack anything of importance?

Problem is you're stuck in a world that is paralyzed by fear. What exactly have you done that deserves my thanks? What benefits have you provided to man kind?

You can try to rationalize the exorbitant costs all you want... but it's all bullshit propaganda. The US spends more than than half the planet combined on its military, triple what China and Russia combined spend (numbers two and three on the big spender list). When was the last time the US actually had to fight (read: was forced to, attacked... etc) a real war?

You can talk about all your high tech sh*t all you like, but the reality is that there will never be another world war (that anyone of us will remember/be around to talk about) because if/when that time comes nukes will be exchanged and the world as we know it will be over. Fifth/Six/Seventh gen aircraft ain't going to do sh*t against all the nukes flying overhead.

Quote:
Originally Posted by lownslo600 View Post
do some more research on the middle east
I can't help it... Please educate me on some of the high-tech sh*t coming out of the middle east. Nokia powered IEDs? 60 year old AK47s? 50 year old RPG tech? Please feel free to enlighten me.

Last edited by pbeaul; 11-03-2012 at 02:08 PM.
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Old 11-03-2012, 05:03 PM   #30
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Dude you really are an ignorant know it all arent you. What is your line of work since you know so much? Lead by fear? Lmao, no I just pay attention to what's happening. No point in explaining myself to someone like you. +1 for ignorance

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