Posts filed under “War/Defense”
Excellent infographic depicting the enormous costs of the Iraq war.
It explains in 10 steps why Secretary of Defense Donald Rumsfeld’s 2003 estimates of the war in Iraq’s costs at $60 billion were so wildly off by 10 times that figure.
click for really ginormous graphic
By the time the United States leaves Iraq, the estimated total cost of war will be more than $3 trillion.
If you missed John Mauldin’s weekend piece (2008: Annus Horribilis, RIP), have a look at these estimates for earnings in 2008. They started at $92 (early ’07) and came down to $48: > Not exactly confidence inspiring when it comes to stock analysts.If you want to understand why we prefer to rely on objective data…Read More
Vitaliy N. Katsenelson, CFA, is director of research at Investment Management Associates in Denver, Colo., and he teaches a graduate investment class at the University of Colorado at Denver. He is the author of “Active Value Investing: Making Money in Range-Bound Markets” (Wiley 2007). ~~~ Dear Mr. Ex-KGB I’ve received so many emails about the…Read More
One view of the force structure (UNCLASSIFIED), via a briefing originated at JFCOM. This briefing like others should be available from the SecDEF’s office. Force Structure FY09 Beyond Publish at Scribd or explore others: Military/War History ent spending terrori us budget governm This is a USMC brief on the next coming fiscal years for them…Read More
Vincent Farrell, Jr. is Chief Investment Officer of Soleil Securities, a New York based investment management company. Over his long career on Wall Street, he has worked for numerous distinguished firms. Mr. Farrell graduated from Princeton University in 1969 and received his M.B.A. from the Iona College Graduate School of Business in 1972. ~~~~ The…Read More
A pretty good Onion headline: Nation Finally Shitty Enough To Make Social Progress: Although polls going into the final weeks of October showed Sen. Obama in the lead, it remained unclear whether the failing economy, dilapidated housing market, crumbling national infrastructure, health care crisis, energy crisis, and five-year-long disastrous war in Iraq had made the…Read More