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On 04/04/2010 7:58 AM, hk wrote:
Killing Loran-C will save the government $190 million over five years, Obama said. But supporters of Loran -- including the man known as "the father of GPS" -- say the nation's increasing reliance on GPS paradoxically has increased the importance of maintaining Loran as a backup. Somehow Obama is being a real jerk in insulting our intelligence. Even if we are gullable to believe it costs $190 million over 5 years to keep, lets do some math. 38 million a year savings (questionable). Obama overspend, $1.7 trillion, 2010 only. Obama just saves 0.0022%. Big savers NOT. Obama needs to find and execute some 44736 such savings this year to balance the budget. Too bad Obama can't save like he spends. He is going to have to go for the fat political turkeys to get the budget balanced. Supporters also argue that the mere existence of Loran makes the GPS satellite system a less attractive target for cyber-thugs, terrorists or future military adversaries. Probably does. But no one ever accused Obama of thinking things through before his gums move. -- Liberal-statism is an addiction to other peoples money. |
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