No Runny Eggs

The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger). The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think.

Archive for August 30th, 2011

Tax the rich? They’re already becoming extinct.

by @ 22:47. Filed under Economy Held Hostage, Taxes.

(H/T – Dad29)

Buried in an early-August Reuters story on the preliminary 2009 Statistics of Income tables produced by the Internal Revenue Service is this little “gem”:

The number of Americans reporting incomes of $10 million or more also plunged even more than the steep drop in income for the population as a whole.

Just 8,274 taxpayers reported income of $10 million or more in 2009, down 55 percent from 18,394 in 2007. Compared with 2007, total real income of these top earners in 2009 fell 58.6 percent to $240.1 billion, but average income slipped just 8.1 percent to $29 million.

Arriving off a coast near you – Ohio-class SSGNs with TLAM-Es

by @ 9:58. Filed under Military.

(H/T – Gabriel Malor)

Strategy Page reports the USS Florida (SSGN-728), one of four Ohio-class ballistic missile submarines converted to carrying a heap of cruise missiles and a rather large detatchment of Navy SEALs, saw action in the Libyan Wa…er, Kinetic Military Action. The Ohio-class subs, whether in ballistic-missile or cruse-missile form, are widely reported to be the quiestest nuclear submarines in the world. With nuclear weapon treaties requiring the United States Navy to retire four of the Ohios, and at least 20 years of life remaining on the four oldest, they were sent in for conversion for a multi-dimensional conventional role, losing their 24 Trident ballistic missle tubes but gaining space for 154 Tomahawk cruise missiles and 66 waterborne special forces types.

The jury is still out on using the third-largest submarine class in the world to deliver SEALs into shore, but being able to sneak the same number of cruise missles as a surface action group a bit off-shore and not having the target know anything about it until the shooting starts is awesome.

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