Democrats should demand tax increases to increase debt ceiling.
May 23, 2023 16:03:43 #
Blurryeyed wrote:
You know Denny, I really don't trust media, either the MSM or Fox to deliver full context on many of the issues that they report on but I have seen reporting that we can not quickly replace many of the munitions that we are sending to the Ukraine, could this be true? Also, that CBS report mentioned that I believe it was a Patriot missile that we used to pay $25K for now costs $400K because of monopolistic practices by the arms vendors to the government, could this also be true?
No that’s not true.
When the government adds new requirement after new requirement on a procurement i dues not mean there is a monopoly.
It is really silly and stupid to think that the patriot missle of 1991 is even remotely the same technically as that of today .
https://en.wikipedia.org/wiki/MIM-104_Patriot
May 23, 2023 17:20:20 #
May 23, 2023 19:09:46 #
DennyT wrote:
No that’s not true.
When the government adds new requirement after new requirement on a procurement i dues not mean there is a monopoly.
It is really silly and stupid to think that the patriot missle of 1991 is even remotely the same technically as that of today .
https://en.wikipedia.org/wiki/MIM-104_Patriot
When the government adds new requirement after new requirement on a procurement i dues not mean there is a monopoly.
It is really silly and stupid to think that the patriot missle of 1991 is even remotely the same technically as that of today .
https://en.wikipedia.org/wiki/MIM-104_Patriot
When CBS spoke of monopoly practices they explained that large suppliers were buying smaller suppliers up to where they consolidated numerous suppliers into one large corp by eliminating competitors. I did not produce the CBS report, just repeating what I saw.
May 23, 2023 19:18:45 #
Blurryeyed wrote:
When CBS spoke of monopoly practices they explained that large suppliers were buying smaller suppliers up to where they consolidated numerous suppliers into one large corp by eliminating competitors. I did not produce the CBS report, just repeating what I saw.
They're talking about this.
https://www.csis.org/analysis/2021-defense-acquisition-trends-topline-dod-trends-after-half-decade-growth
While the rise in OTA usage has been largely encouraged by policymakers, the period has also seen a decrease in the share of competed obligations, a key metric for efforts to maintain a competitive environment. Nearly 50 percent of obligations went to contracts awarded without competition, the highest share in the past two decades. Some of this trend is explained by foreign military sales where any competition would take place on the recipient end, but this trend highlights the importance of reform efforts such as modular open system approaches, which seek to enable competition at the subsystem or component level even when there is only one supplier for the platform.
The term used should be "consolidation" which is happening in all business sectors.
May 23, 2023 20:04:14 #
Triple G wrote:
They're talking about this. br https://www.csis.or... (show quote)
My earlier question that Denny did not address is why if we pay for all the research and development do we not own the patents that are developed at the taxpayer expense? How is it that we are that bad at negotiating these contracts or is it really the end game that our negotiators have signed on to even before contract negotiations begin? Controlling those patents and intellectual property that we paid for allows for non competitive bidding that we have no choice but to accept.
May 23, 2023 20:10:22 #
Blurryeyed wrote:
My earlier question that Denny did not address is why if we pay for all the research and development do we not own the patents that are developed at the taxpayer expense? How is it that we are that bad at negotiating these contracts or is it really the end game that our negotiators have signed on to even before contract negotiations begin? Controlling those patents and intellectual property that we paid for allows for non competitive bidding that we have no choice but to accept.
The companies always own their intellectual capital because the US government isn't the only purchaser. All buyers end up paying for the R&D but it's indirectly. Same is true for pharmaceuticals. US government (VA, Medicaid, Medicare, State & Fed employees) is a huge purchaser and as such knows R&D is in the pricing. But, the pharmaceutical companies will always own the patents and accompanying rights to sell to other clients. Why should they give them up?
It's the same scenario for many government purchases.
May 23, 2023 21:20:53 #
Triple G wrote:
The companies always own their intellectual capita... (show quote)
Yeah? Who else are they selling F35's to?
They should give them up because the Federal Government paid for every cent of their development and the defense industry is a bit different.
May 23, 2023 23:18:00 #
Blurryeyed wrote:
Yeah? Who else are they selling F35's to?
They should give them up because the Federal Government paid for every cent of their development and the defense industry is a bit different.
They should give them up because the Federal Government paid for every cent of their development and the defense industry is a bit different.
You can’t look at the whole assembly. You must look at the component technology individually that can be other machines.
And they are selling F35 around then world not just us.
May 24, 2023 00:35:44 #
DennyT wrote:
You can’t look at the whole assembly. You must look at the component technology individually that can be other machines.
And they are selling F35 around then world not just us.
And they are selling F35 around then world not just us.
According to the 60 minutes piece, the defense department started seeing the contractor consolidation that they initiated in 2017 as a problem as soon as 2019.
https://business.defense.gov/Portals/57/Documents/Consolidation%20and%20Bundling.pdf
https://www.pogo.org/analysis/2019/08/the-incredibly-shrinking-defense-industry
The 60 minutes piece also pointed to cutting DOD staff as oversight is also to blame for not being able to manage the contracting to avoid price gouging.
https://www.govexec.com/pay-benefits/2015/09/lawmakers-reach-deal-cut-dod-workforce-overhaul-military-retirement/122411/
Price gouging and profit taking by corporations in the USA is a big reason for the current inflationary situation.
https://www.minnpost.com/community-voices/2022/03/its-not-just-inflation-its-price-gouging/
Eliminating government overreach in belief that corporations and market forces will do the "right thing" is a myth.
May 24, 2023 01:18:03 #
Blurryeyed wrote:
Yeah? Who else are they selling F35's to?
They should give them up because the Federal Government paid for every cent of their development and the defense industry is a bit different.
They should give them up because the Federal Government paid for every cent of their development and the defense industry is a bit different.
Not according to the laws.
https://www.insidegovernmentcontracts.com/2020/12/technically-still-yours-court-holds-that-contractors-may-mark-unlimited-rights-data-with-a-proprietary-legend/
May 24, 2023 06:08:43 #
May 24, 2023 07:20:26 #
May 24, 2023 14:32:03 #
Thanks for info. I say that $1.7 trillion in student loan debt, when collected, would put a nice dent in the national debt. The IRS has the authority and processes for this purpose.
WNYShooter wrote:
It really doesn't really cost the Fed Gov all that much to collect on student loan debt. They just garnish the debtor's tax refund AKA Student loan tax refund offset to force repayment. For those who structure their tax payment so that they have no refund to garnish, they just garnish the debtor's wages through a simple court filing. All of that was put on hold during Covid, and is supposed to come back online sometime this summer.
May 24, 2023 15:07:33 #
LOL... Defense spending represents almost 1/2 of the discretionary budget... Go ahead guys and just say that is peachy keen and should not be addressed. As far as patents go, I view them differently than you, the way I see it is that he who pays for the development should own the patent. Maybe the next time that the federal government negotiates with a defense contractor for the development of a new weapon system they ought to give that a try, where would Lockheed Martin be without the Federal government as a customer?
May 24, 2023 15:33:38 #
anotherview wrote:
Thanks for info. I say that $1.7 trillion in student loan debt, when collected, would put a nice dent in the national debt. The IRS has the authority and processes for this purpose.
Not hardly when the student loans are paid back over 20 years
Is that the same irs the house wants to cut funding to ?
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