One for Des

It was condensed into 6 lines, the articles I read which were pages long
and would not be appreciated posted on this NG. So I kept it simple.

I don't think Shell orders it's oil with artic's full of paper dollars,
do you?
The expression prints more than it can support does not mean it sells
paper dollars just to buy oil.
Of course all of those type or transactions are electronic.

It's funding called 'future demand' that's were the 'sink' is. To the
tune of 8 to 10%.
If you can't support that you've got Adolf H's finical wizardry in
control.

How much for a loaf of bread?

 

On Fri, 2 Jan 2004 07:23:42 +0000,

ISTR that each CVN has more air power than any air force outside about
the top ten in the world.

That's *each* one.

The yanks have 9. Plus 2 conventionally powered.
--
| ___ Salad Dodger
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_/_____\_ GL1500SEV/CBR1100XXX/KH500A8/TS250C
|_\_____/_| ..62661../..14297.../..3157./.19406
(>|_|_|<) TPPFATUICG#7 DIAABTCOD#9 YTC#4 PM#5
|__|_|__| BOTAFOT #70 BOTAFOF #09 two#11 WG*
\ |^| / IbW#0 & KotIbW# BotTOS#6 GP#4
\|^|/ ANORAK#17
'^'

 

Well, just that we've realised that big carriers are rather more usueful
(if not as cost-effective) as smaller ones. The new carriers are taking
the new MD VTOL fighter, the Harrier replacement, but I assume they'll
carry other aircraft as well.

The Harrier-carrier concept was, I still think, utterly brilliant, and
the demonstartion what it could do (in the Falklands) must have been a
major factor in the US decision to move into VTOL military aircraft.

Previously, they'd toyed with it, but never produced a successful
design, which is why they used the Harrier (made under licence in the
USA as the AV8).

What's still impressive about the Harrier and its Pegasus engine is that
its VTOL system is still all mechanical (or electro-mechanical) whereas
the replacement aircraft uses computer control to hover and take off or
land vertically.

Mind you, I s'pose that's true of all modern military fighter planes -
they wouldn't fly without pooters.

 

The initial spec. is with a ski-ramp for VTOL aircraft. But the plans
are that it will be fully upgradable for catapults and arresters to
allow use of conventional planes.

The only concern I have is that they're dropping from 3 hulls (4 if you
include HMS Ocean, which can also accomodate Harriers) down to 2 (or 3
if you include Ocean). If one is in for refit we could be severely
fucked.

Although the design means that they will have relatively short refit
times compared with the existing fleet.

Just as interesting, is that they're playing with an idea for a trimaran
Frigate. And the Type 42 replacement also looks pretty awesome.

We were, however, quite fortunate in the Falklands as the Argentine
planes had been confined to land bases. If they could have launched from
a carrier, they'd have been able to take advantage of their speed
superiority (rather than cutting speed to conserve fuel), and the
Harriers would have been totally outclassed.

 

Mick Whittingham <> spouted the
following in

17 years ago I heckled a speech Ted Heath gave to leeds uni students
union about world affairs and asked him what he thought the Yanks would
do with their military might once their economy started going titsup.

He did some spluttering and wriggling but failed to come up with
anything very convincing.

Or the Chinese for that matter.

 

Not sure if that's true as the harriers were equipped with the latest
sidewinder missiles. However, we were lucky that the Argies didn't play
a war of attrition against our forces. Because we would have run out of
planes before they did.

 

Didn't Enron get into troubl the same way, by writing off operational
expenditure spending against infrastructure investment. Fraud I think
they call it.

Only a barrow load.

 

^^^^^^^^^^^^^^^^^^^^^^^^^^

ITYM *Nuked the cunts*

 

spouted the following in

I asked Steve Auvache this question last night. He said " as soon as
Murdock tells us to" ;-)

Because for them, buying foreign goods becomes more expensive, so people
want higher wages, so locally produced goods go up too. That causes
firms to go bust because no-one can afford their stuff. Then theres
shortages of stuff, so the price goes up again. Or summat loike that )
I ain't an economist, but you can sort of see the mechanics of boom-bust
if you think about it.

Ho Yuss. The useless_bits_of_paper/useful_goods ratio can increase quite
quickly. Check Portugal in the 70's, or Turkey in the 90's.

 

Champ said...

The Royal Navy

 

Like the United States?

We've got to have some competition we can win, after all our aircraft
carriers are smaller.

Sailors?

 

They took Opex items and treated them as Capex, depreciating thier value
over several years thus artificially enhancing the figures of the
current year's trading (well it's one of the things they did I
remember).

Whether this is the same as printing too many dollars I'll leave to the
economists since whilst I have an ok grasp of some financial things
(well enough to run a cost centre, set, negotiate and manage a budget
etc.) this sort of comparison is way outside of my experience or
comprehension.

You were ripped off, 39p at Safeway.

 

spouted the following in

It's pretty much what Mick was saying about offsetting things into the
future, the end result is a system that goes titsup *now* when people
rumble the fact that the Emporer has got no clothes.

Not that that helps Enron employees get their hard earned pensions back
mind you.

Oh I don't know, if a Grocers daughter from Grantham can have a go at
wrecking an entire countries industrial infrastructure, I'm sure you'd
qualify as Chancerer of the (Fed)-Ex-Cheque-error.

 

Lozzo wrote

The Fleet Air Arm

 

Oh, but I'm nowhere near as intelligent as she was.

 

wrote

You kids really history teaches you nothing does it.

Wars, officially declared or otherwise, don't end on the day that the
politicians say so. Wars end when one team or another runs out of
substitutes. There are still thousands of merkins in Iraq to be killed
by the locals, thus the killing will continue.

 

tallbloke wrote

I know this one. He gave away land and titles to his mates after.

 

tallbloke wrote

I meant it as a bit of a tongue in cheek response but it is really far
too close to the truth than it should be.

Personally I am very much in favour of a federal United Nations of
Europe and all it implies. Including Britain joining in wholeheartedly
with the common economic systems Europe is developing.

The alternatives really boil down to two options. The first being to
stay sort of both in it and out of it and become an offshore tax haven
rather on the lines of the Bahamas and merkania but Europe already has
Switzerland so why would it need another.

Or, we can continue to strengthen our "Special Relationship" with the
merkins for a little longer until we can be accepted into The Union.

 

Scarily so.

Might it not end up with the unwieldy nature of the federal US of A with
all the regional deprivation and so on that goes with blanket wide area
economic policy?

Cos the chocolateers are dull and we're hip? Hmm,you have a point.

As in 51st state? Eeek. Land locked aircraft carier off Yoorp.

Here's my plan. We cut loose from Europe, then we tell Mr Bush where he
can stick his special relationship, nationalise all american owned
assets in the UK and send his troops and spies home. We turn all the
USAF bases into trackday and sprint venues with cheap to rent hangar
space for small engineering startups, rebuild our engineering base and
produce wicked world beating motorcycles again, and hyper efficient wind
gennys and solar collectors.

We send all the politicians and royals to Jersey, then cede it to
France. After all the set aside land is back in production of our own
home grown nosh, we kill the turkeys and have a big knees up.

Voila, huge morale boost for all, booming artisan/agricultural lively
local economies safely linked to real products, happy peeps with fast
bikes, and not a speed camera in sight.

 

Chuck Rhode wrote

Thanks all the same but we have had one woman PM and with hindsight it
was not a good idea.

Bill on the other hand has his attractions. It seems he is turning into
quite the little international peace monger. Doubtless why he is so out
of favour with the merkin media.