Recent content by otako

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    Military career

    Actually it's not high considering the number are calculated at a 0-5 retirement.  Military retirement is bascially 50% of base pay.  Now, I didn't include the step increases so it's probably worth it bit more. As for making your own military retirement, I wouldn't say it's impossible but...
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    Military career

    Air Force my friend! The only way to fly friendly skies!
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    Military career

    I would say the GI Bill is more like insurance for career change just in case things don't work out. I've heard stories of careers ended in the force for realtively minor stuff.  As a officer, your always under microscope.  Your superiors have so much power to kill your career by giveing you a...
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    Military career

    You have to consider the whole package and what you want to do with your life.  In my mind if you stay for 10, why not stay for 20?  Of course you make more money in the private sector.   But, your half way to getting a guranteed paycheck and never having to put up BS again in your life. The...
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    Military career

    How much is a military career really worth?       Military Pay Table - All calculations after tax       Pay Table for a 20 Year Career Assuming Normal Promotion Rates - Total Benefits (Basic Pay, BAH, BAS)       O1(2 Years)      $69,433.28 O2 (2 Years)      $85,768.00 O3 (4 years)    ...
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    Military career

    No, I guess that was the wrong term to use.  I have to work on being more politically correct in the future.  I'm just coming from the private sector and a lot what military does seems redundant to me.  Maybe it's just the nature of government work. Crazy stuff like triple paperwork or etc...
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    Military career

    In less than a year and half, I'll be commissed into Air Force as a new 0-1. I find myself wondering whether to stay for 20 or get out in 4. If I stay for 20, I could retire at 46. However if I leave, I could make a lot more money in private sector. So I have a question for ex-military out...
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    Americans need to work longer...

    Why not just apply free market forces to everything?  Let's put a price on human life too?  In fact, we can go back to owning slaves since according to free market theory the rich are only ones that deserve freedom.   You just can't apply free market economic theory to everything in life...
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    Home Ownership Overated?

    What's moving every two years? I'm going to officer in the Air Force for foreseeable future. That means a move almost every two years to a new duty location. It could be a location in the states or overseas. Buy or Not buy?
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    Americans need to work longer...

    Samclem, I don't believe you can apply economics to healthcare. You are talking about people who need medical services to live. Now unless your cold heart bastard who doesn't value human lives, I don't see how you deny someone a life saving procedure based on price. We aren't talking about...
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    Decline of the U.S. Middle Class?

    The median household income, adjusted for inflation, was unchanged at $43,318, down $1,535 from its peak in 2000. http://cbs.marketwatch.com/news/story.asp?guid=%7BA39EFB9C%2D53BA%2D4980%2D884A%2D7A7FCA38B479%7D&siteid=mktw
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    Decline of the U.S. Middle Class?

    http://money.cnn.com/2004/08/26/news/economy/poverty.reut/index.htm?cnn=yes The percentage of the U.S. population living in poverty rose to 12.5 percent from 12.1 percent in 2002, the Census Bureau said in its annual poverty report, seen by some as the most important score card on the nation's...
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    Decline of the U.S. Middle Class?

    Morning in Which America? http://www.amconmag.com/2004_08_30/buchanan.html “With the perception growing that the economy has turned a corner and is headed due north again, Democrats seem to be losing that issue as well. But there is a worm in the apple of prosperity, and the New York Times has...
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    Decline of the U.S. Middle Class?

    http://www.vdare.com/roberts/labor_arbitrage.htm For example, Matthew J. Slaughter, a professor at Dartmouth, recently concluded that during 1991-2001 “for every one job that US multinationals created abroad in their foreign affiliates they created nearly two US jobs in their parent...
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    Is Academia A Loan TRAP?

    I suggest whoever brought the IQ debate into the discussion to drop it.  Not that I don't feel its interesting topic but your chances of discussing it intelligently is next to nil.  It's one of those emotional topics such race, religion, and etc that people can't discuss without getting...
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