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Showing content with the highest reputation on 02/26/2016 in all areas

  1. You got scolded over on APC for a similar post, so I guess I'll do it here. You got paid to get off active duty early, right? There were a few strings attached to those dollars, but you decided those strings were better for you than staying on active duty and the USAF was happy to oblige. You also knew all the IRR responsibilities and possibilities for future service when you took that money and signed all the paperwork detailing the specifics. Now you have some minor responsibilities to meet and you come on here bitching about losing a little airline pay. YGBSM!! Good grief, it's in May. Bid around it if you can. Trip trade to deconflict or mil drop if you have to. Pick up an extra trip between now and then if you need the coin that badly. Bottom line - suck it up, dude. Plenty of us here mil dropped airline trips worth thousands for drill weekends worth hundreds month after month, for years. Others got activated for extended periods, left their airline and took a serious monetary hit for 6 months. They probably could have come on here and gotten some actual sympathy but they didn't bother. They sacked up and did what they committed to do. Your pu$$y hurts over one IRR muster two months from now? You should be able to figure out how to make that happen with that much warning - don't ya think? You want to get some info about what to expect that day or some "been there" guidance from the bros - that's what we're here for - ask away. Coming on here and whining about losing some money is some real SNAP BS. I hope you're embarrassed - because you should be. Rant over.
    5 points
  2. The Dew will not turn out well. This is my only warning. Out
    3 points
  3. Why? They're different lines. Damn - how did I miss this the first time around? No incentive rides...for any cadets....ever.
    3 points
  4. Here are my thoughts. I believe the fears of a recession are overblown. There are lots of not great things going on right now certainly but we are still growing, albeit slowly. That said, I’m not particularly bullish on US equity markets right now. I’m finding a lot more things I want to short than I want to buy right now. The destruction in energy markets is having knock on effects into industrial companies such that low input prices from oil aren’t helping margins as much as would be expected. The market is currently at a slightly expensive multiple on historically peak earnings margins. We have a period of low nominal growth, increasing regulation/compliance costs, low total factor productivity gains and heavy debt burdens. Even without a recession that situation easily sets up to see limited topline growth, increasing overhead expenses, lower earnings and lower multiples on those lower earnings. For individuals who can’t/shouldn’t short stocks in their personal accounts I would be looking to sit on some extra cash and start adding to names with depressed valuations. China is a potential disaster and that represents a wildcard that is hard to predict. The short metals/mining trade was a fairly obvious one but the potential fallout from a credit crisis in China is more difficult to estimate. Here is some food for thought though. Before the financial crisis the US banking system had assets equal to 100% of GDP, China today is at 340% of GDP. 10% loan losses in China would equal $3.5T in losses (prior credit cycles have had loan losses as much as 30% so 10% is conservative), losses in the US during the financial crisis totaled $650B. To combat that $650B the Fed had to expand their balance sheet by $4.2T, what is China going to have to do to recapitalize $3.5T in losses? Is it even possible? There are my semi-coherent Friday morning ramblings as I procrastinate doing real work.
    2 points
  5. 2 points
  6. Or a Voice Activated Throttle System (VATS) like on the BUFF.
    1 point
  7. 1. Thread. 8 posts up from yours, link already posted.
    1 point
  8. Or the best qualified person with a good outlook and judgement despite their background. Pilot or not.
    1 point
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