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First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
Default Bye, bye Loran

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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