NorthDakota
Grandson of Loomis
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Please. Leave. Just make sure they assume their share of the debt and call it good.
Among its other findings, the report showed that the Defense Department was paying just over 1 million contractors, civilian employees and uniformed personnel to fill back-office jobs. That number nearly matches the amount of active duty troops — 1.3 million, the lowest since 1940.
Secretary of Defense Robert WorkThere is this meme that we’re some bloated, giant organization. Although there is a little bit of truth in that ... I think it vastly overstates what’s really going on.
What a tard
He sold "all" of his holdings then, according to Jason Miller, the transition team's spokesman. ...
Japanese telecoms and internet firm SoftBank Group Corp plans to invest $50 billion in the United States in businesses and create 50,000 new jobs, U.S. President-elect Donald Trump said on Tuesday.
Lots of folks need to do us all a favor and pull out.
Including this dumf!@#
Things I Blame For Hillary Clinton's Loss, Ranked | The Huffington Post
I'm just amazed that people are this far gone.
U.S. President-elect Donald Trump urged the government on Tuesday to cancel an order with Boeing Co for a revamped Air Force One - one of the most prominent symbols of the U.S. presidency - saying costs were out of control.
It was the latest example of Trump using his podium, often via Twitter messages, to rattle companies and foreign countries as he seeks to shake up business as usual in Washington. Trump, who takes office on Jan. 20, took aim at what he called cost overruns even though the plane is only in development stages.
"Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!" Trump said on Twitter.
Trump on Boeing's Air Force One contract: 'Cancel order!' | Reuters
By Andrea Shalal and Amy Tennery | WASHINGTON/NEW YORK
I had to look at the top of the page to make sure this article wasn't something from The Onion. Absolutely hilarious! It's hard to imagine anyone being quite this self-delusional and clueless, yet there it is.
4 billion
For one plane.
I'd like to see the business case.
Hope Trump tells Boing to stick the plane up their asses and puts the same design out to bid.
As always Trump is misleading. Its not $4 billion for one plane. Its for two planes plus R&D plus Testing and evaluation which is part of the Air Force One program. Boeings plane only costs $380 mil. The majority cost is in all the upgrades which are subcontracted out that cost so much money. So he is attackng Boeing for no good reason. There is also an article out ther that says Trump is doing this as retribution for something that occurred between him and Boeing. ...
Anyway, The upgrades are the ones that require it to be a mobile command center. CBO projection says it is currently at $3.7 billion to be paid over 12 years. Within the context of military spending it amounts to a very small portion of the budget. If Trump wants to be real about something he should try his ire at the F-35.
Whatever the "number" truly is, I'd bet a paycheck there's more than 40 or 50 points of margin and or BS heaped on it. Boeing and every other contractor has a long history of padding contracts and other shenanigans Could care less if Trump is making it personal if people start to pay more attention.
If only we had honest people to unleash who would review all gov contracts. 4 bill over xx years may be small to you but it could do a lot of good in the right hands, or back in the taxpayers pocket.
Whatever the "number" truly is, I'd bet a paycheck there's more than 40 or 50 points of margin and or BS heaped on it. Boeing and every other contractor has a long history of padding contracts and other shenanigans Could care less if Trump is making it personal if people start to pay more attention.
If only we had honest people to unleash who would review all gov contracts. 4 bill over xx years may be small to you but it could do a lot of good in the right hands, or back in the taxpayers pocket.
Not arguing the cost or the fluff but Trump's constant misinforming through his tweets. But lets drill deeper. What is the cost of all that R&D for ALL the equipment and tech needed to keep that plane flying as a mobile command center, which is its purpose. The subcontractors have developed it and should be able to recoup their money as they see fit correct? I mean that is what I always hear from the right on almost everything. So is it unreasonable for a company ( for example) that make highly specialized circuitry designed to withstand a nuclear blast be compensated for such tech?
And I agree that we could do alot with 4 billion dollars but as far as priorities go the president being able to maintain control of this country from AIR FORCE one is a big one for me. However I find spending $1.25 trillion on lifetime cost of a F-35 planes to be insane. Reports are that this program will cost $135 million per plane
You guys are missing the point. The Boeing comment was politics, not policy. Trump isn't trying to ACTUALLY save money by going after the competitive bid process for Air Force One. What he's doing is trying to win over the center-left by attacking the military-industrial complex. He's being Trump. It's all about his popularity.
Let them keep blaming everyone else. The Libs just lost the easiest, most winnable election of all time. F'ing morons.
Hilldog gonna miss that 4 bill AF1
Max Weiss is a stone cold door knob.
BTW I'm happy the GOP have been turned on their heads too. They are not much brighter.
Burn it all down.
As always Trump is misleading. Its not $4 billion for one plane. Its for two planes plus R&D plus Testing and evaluation which is part of the Air Force One program. Boeings plane only costs $380 mil. The majority cost is in all the upgrades which are subcontracted out that cost so much money. So he is attackng Boeing for no good reason. There is also an article out ther that says Trump is doing this as retribution for something that occurred between him and Boeing. ...
Anyway, The upgrades are the ones that require it to be a mobile command center. CBO projection says it is currently at $3.7 billion to be paid over 12 years. Within the context of military spending it amounts to a very small portion of the budget. If Trump wants to be real about something he should try his ire at the F-35.
I agree with the sentiments. Boeing and other big companies generally operate with a wrap rate of ~2.8-3.5 depending on the business unit. What that means is, if an employee makes 100K, the government pays between 280 and 350K for Boeing to supply the employee for that year. In that number are things like salary, benefits and 401K contributions, general overhead like rent, etc. and profit. Normally DoD contractors average 8-10% profit for labor...not sure how purchasing assets works anymore, but most ODCs (hardware) are capped at 5% profit.
Couple issues...1) large companies cost more, not less, to do business with, and that is ass backwards on its face. 2) abuse generally comes in as civilian employees offload their labor responsibilities to contractors, or jocky for promotion by adding un-needed "heads". 3) large contracts are forced to have certain small business participation. This participation is often driven by cronyism through congress, and places like Boeing get to burn money training idiots to deliver some piece of the contract, and then the idiots still eff it up, then Boeing hires someone to fix it at a premium...this is part of the escalated costs from Boeing itself.
In the case of a Boeing Aircraft, I suspect much cost is in outyear support, because they generally sell them CLS (Conntractor Logistics Support) ... which means the government doesn't own the data, and can't bid out the maintenance tail of the product lifecycle. Now plug in 1) and 2) above.
Trump may not know exactly which sphincter to point at...but something indeed stinks.
Not arguing the cost or the fluff but Trump's constant misinforming through his tweets. But lets drill deeper. What is the cost of all that R&D for ALL the equipment and tech needed to keep that plane flying as a mobile command center, which is its purpose. The subcontractors have developed it and should be able to recoup their money as they see fit correct? I mean that is what I always hear from the right on almost everything. So is it unreasonable for a company ( for example) that make highly specialized circuitry designed to withstand a nuclear blast be compensated for such tech?
And I agree that we could do alot with 4 billion dollars but as far as priorities go the president being able to maintain control of this country from AIR FORCE one is a big one for me. However I find spending $1.25 trillion on lifetime cost of a F-35 planes to be insane. Reports are that this program will cost $135 million per plane
You guys are missing the point. The Boeing comment was politics, not policy. Trump isn't trying to ACTUALLY save money by going after the competitive bid process for Air Force One. What he's doing is trying to win over the center-left by attacking the military-industrial complex. He's being Trump. It's all about his popularity.
"Among its other findings, the report showed that the Defense Department was paying just over 1 million contractors, civilian employees and uniformed personnel to fill back-office jobs."
That's unfathomable. One million back office jobs at DoD? That makes no sense whatsoever.
We seen for 25+ years reports of $150 hammers and $5,000 toilets, yet nothing is ever done.
Not arguing the cost or the fluff but Trump's constant misinforming through his tweets. But lets drill deeper. What is the cost of all that R&D for ALL the equipment and tech needed to keep that plane flying as a mobile command center, which is its purpose. The subcontractors have developed it and should be able to recoup their money as they see fit correct? I mean that is what I always hear from the right on almost everything. So is it unreasonable for a company ( for example) that make highly specialized circuitry designed to withstand a nuclear blast be compensated for such tech?
And I agree that we could do alot with 4 billion dollars but as far as priorities go the president being able to maintain control of this country from AIR FORCE one is a big one for me. However I find spending $1.25 trillion on lifetime cost of a F-35 planes to be insane. Reports are that this program will cost $135 million per plane