I just received my annual TCP-1 letter from LLNS and a summary of the LLNS Pension Plan. Looked in pretty good shape in 2013. About 35% overfunded (funding target attainment percentage = 134.92%). This was a decrease from 2012 where it was 51% overfunded (funding target attainment percentage = 151.59%). They did note that the 2012 change in the law on how liabilities are calculated using interest rates improved the plan's position. Without the change the funding target attainment percentages would have been 118% (2012) and 105% (2013). 2013 assets = $2,057,866,902 2013 liabilities = $1,525,162,784 vs 2012 assets = $1,844,924,947 2012 liabilities = $1,217,043,150 It was also noted that a slightly different calculation method ("fair market value") designed to show a clearer picture of the plan' status as December 31, 2013 had; Assets = $2,403,098,433 Liabilities = $2,068,984,256 Funding ratio = 116.15% Its a closed plan with 3,781 participants. Of that number, 3,151 wer...
Comments
That could be argued both ways. Maybe if we test and it works than other nations are going to say what is the point they could never compete with the US. Maybe China will think wwIII is not a good idea. Of course it could turn out differently and Luxembourg will thing they also need nukes to compete with the US and we start another arms race with more instability.
" This has to ultimately come at the expense to conventional forces."
Good point but than again if someone thinks that the US does not have nukes or they do not work than they could attack. In other words a strong NW deterrent could mean we would need less conventional weapons.
The other issue is China may have been watching what has occurred in the NNSA and DOE since 2000 and think that our capabilities have been degraded. If you take what Nanos had to say about LANL then you might think our capabilities are not what they use to be and that the talent base that existed in the cold war are no longer at the labs. Just a thought. You know when you attack the labs and the people at the labs other nations are paying attention. Now maybe in 2004 no one took China or Russian seriously and we thought that NW are thing of the past but that could be coming back to hurt us now.
I see you have very important insights to add to the discussion.
There are no design or component issues with any systems in the current WR stockpile... but there is something definitely wrong with the brain of the a..hole current occupant of the White House.
5/27/2020 7:01 PM
New Mexico is still a flyover state. No matter how much you try you will be let into the elite class of educated and woke people.
5/27/2020 10:32 PM
Only certain flyover states should be allowed to vote.
5/28/2020 1:02 PM
Who is going to do the "allowing"?