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  Topic: A Q&A on sequester with Armed
Services Chairman Buck McKeon
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A Q&A on sequester with Armed
Services Chairman Buck McKeon

Investor's Business Daily, by Andrew Malcolm

Original Article

Posted By:SurferLad, 11/8/2012 10:54:47 AM

Now that we're done talking about the major issues of Romnesia and the evils of venture capitalists making money, all that's left for the D.C. clowns to screw up is the next looming fiscal crisis to show how divided the country's political establishment remains. Should be no surprise there. [Snip]Jan. 2 is what you're hearing called the fiscal cliff, the White House and congressionally-contrived deadline when Bush tax cuts are set to expire with a next huge round of budget cuts.

      


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Reply 1 - Posted by: bnrmusa, 11/8/2012 12:05:27 PM     (No. 8999675)

FTA- That cut alone is so deep that it required the Defense Department to rewrite our global military strategy.

Gee, ya think? We need to take a meat axe to federal spending, and that includes the DOD.
The "global" military strategy seems to require we send overstretched volunteer servicemen, and their worn out equipment to all corners of the world to meddle in affairs, both democrats and republicans seem to think we have any business in.



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Reply 2 - Posted by: kanphil, 11/8/2012 12:40:04 PM     (No. 8999785)

Since WWII, a firm policy has been to maintain the ability to fight wars on two fronts simultaneously. The Obama WH aims to destroy that policy and to use the money saved to finance such boondoggles as solar panels. One way or another, Americans will die because of this.

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Reply 3 - Posted by: MtGardenerview, 11/8/2012 3:14:25 PM     (No. 9000202)

The Budget Control Act mandated two tiers of cuts. The first tier, which is already law, cuts $487 billion from the military over the next ten years.
Jan1 2012 is the first day of the second quarter of the fiscal. The defense dept has nine months to cut approximately 50 billion dollars from their budget in the next NINE MONTHS.
SEQUESTRATION require many billions more this fiscal year.
Being a 70 year old betting man I would bet that each service will be required to slash from 18 to 22 percent of their personnel.
all enlisted types with 15 or more years would be forced to retire at lesser pensions,or just forced out.
Officer types with 15 or more years who have been passed over for promotion will be allowed early retirement, all officers with 20 years and beyond who have been passed over for promotion once will be forced to retire.
Those officers who have promotion dates will be allowed to remain.
best guess Army 175,000+, Air Force above 100,000, Marines 40,000. Ship, aircraft fleets Fleets will be mothballed or just scrapped, weapons destroyed etc. until 487 billion reduction is met.
for those that believe I am crazy wait and watch the Obama Junta turn the finest military ever known into a coastal guard force that will only protect the states that voted for him






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Reply 4 - Posted by: JoniTx, 11/8/2012 4:43:43 PM     (No. 9000445)

~~The first round of cuts has already forced America to fundamentally change our military strategy. Sequestration doubles those cuts and will force us to pull back further from the world.~~

The old America is lost. So sad.

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