Divemedic

Housing Costs

Check this out, and I can prove that it is wrong:

  • A payment of $2665 corresponds to a house that costs $465,000, so that is realistic.
  • The 22% marginal rate isn’t applied to all of your income, it’s applied only to the portion of your taxable income that is over $81,050 for a married couple.
  • In order to qualify for this house, the payment can’t be more than 50% of pretax household income. To afford this house, a couple would need to make $5330 per month, which means they would have to make $64,000 per year combined.
  • Median household income in the US is $83,730. So an “average” couple would have no trouble affording an “average” house.

However, crying about how people making minimum wage can’t afford an average house ignores mathematical definitions. Average is more than minimum, and there is no way to change that.

This is leftists online trying to piss people off because most people don’t understand math well enough to know that this entire social media post is bullshit.

By Divemedic, ago

Funny

So there’s this crusty old Sergeant Major and he’s really tense and uptight.

One night he’s at a military ball and this beautiful young woman comes up to him and says “Sergeant Major, you look so tense. When was the last time you got laid?”

He replied, “I haven’t had sex since 1955.”

The woman was shocked. “1955?” She said, “That’s so long ago! Why don’t you come back here and I’ll help you loosen up?”

So she takes him into this dark back room. He knows all the angles, all the moves, he rocks her world. Afterward she’s laying on her back panting and she says “Wow, you haven’t forgotten anything since 1955, huh?”

He replies, “I sure hope not, it’s only 2130 now!”

By Divemedic, ago

Liberals Get Angry

Funny thing, leftists on the Internet keep calling me a boomer. I’m GenX, but since when do facts get in the way? Still, now leftists have moved on from their expertise in medicine, foreign relations, defense, and now are back to being use of force and legal experts. If you disagree, they call you names and then block you.

By Divemedic, ago

What It Will Look Like

An American civil war won’t be a clean battle between two sides. It’s going to be a messy affair involving dozens of factions.

By Divemedic, ago

No More Credit

Trump is claiming that he will support a rule change for credit cards that will cap interest rates at 10%. This is a horrendous idea that will cause real problems. The reason interest rates are where they are is a topic I have visited here before. People with bad credit are very likely to default.

With a ten percent interest rate, if more than 3% or 4% of people default, the bank will lose money covering the defaults.

Studies have shown that the lower your FICO score, the higher are your chances of default.

Credit Score% of the populationprobability of default
800 or more13%1%
750-79927%1%
700-74918%4.4%
650-69915%8.9%
600-64912%15.8%
550-5998%22.5%
500-5495%28.4%
less than 5002%41%

Credit Scores and Default Rates

With a ten percent default rate, anyone who has a credit score less than 700 is a money loser and won’t be able to get anything other than a secured credit card, and those with a credit score between 700-749 are right there on the border and will likely see cards with very low limits.

That isn’t to say credit scores are without fault. I detest how the FICO score works, but it is what the banks use, and for that reason, Trump’s actions will make sure Americans stop living beyond their means.

Maybe that’s his intent. If it isn’t, well, price controls never work as intended.

By Divemedic, ago

This is so Last Week

I know this is from last week and the left has since moved on, but below is a great video on the EF-18 Growler.

When I was in the Navy, we still had the EA-6B Prowler, affectionally called the “Queer.” The Growler has the same job, it’s just been modernized. There were 2 squadrons of these in the Venezuela theater: one was carrier based, the other was located in Puerto Rico.

There was a legend going around when I was in the service about a Prowler that had turned its jamming equipment on over Washington state and shut down everything: radars, radio, television, all of it for almost 15 minutes. Don’t know if it is true, but it certainly is within this plane’s capabilities. The jamming pod these aircraft carries is the AN/ALQ-99, which can jam all RF signals between 64 MHz and 20GHz.

In the run up to the Venezuela attacks, those Growlers would have shut down all radio and radar. No missiles, no tracking or seeing aircraft, and no issuing of orders to anti-aircraft batteries. All command, control, and communications (C3) would have been shut down. All radars inoperable. Anything that tried to shoot or track anyhow would have been eliminated by the F-35s that were operating over the country.

An entire nation’s air defense, shut down in a couple of minutes.

By Divemedic, ago

ONE TIME PAD

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By Divemedic, ago

Electric Bugaloo

EDITOR NOTE: I originally had this post scheduled for Friday morning, but Tim Walz has forced me to reschedule it to release this evening. He has just activated the Minnesota National Guard to assist local law enforcement. Read below, and see why I feel like there is a high probability that the support the NG will be offering is assisting local LEOs in doing something stupid like attacking or arresting ICE agents.

I believe that this is a serious development. END NOTE, ORIGINAL POST FOLLOWS

Tim Walz is threatening the United States with military force.

The guy who lost in the last presidential election says he’s “at war” with the federal government…that sounds like some third world wannabe dictator shit right there. He has issued prepatory orders to the National Guard to prepare for deployment.

Of course, most people don’t know that, like his staunch defender Swalwell, Walz was banging a Chinese spy while he was living in China, as well as being a fluent speaker of Mandarin Chinese.

I believe that the left is trying to get Trump to invoke the insurrection act, and has been since April of last year. That is the only thing that makes sense- they are trying to provoke him so they can say “See? We told you he was going to declare martial law, but you wouldn’t listen.”

JD Vance wrecked Tim Walz playing tough guy and calling for Civil War:

It’s very tough rhetoric from a guy who just quit because his fraudulent activities have been uncovered… Tim Walz is a joke.

The left is deliberately trying to provoke a civil war. The woman who is sparked this, this lefty Helen of Troy? She was a communist operative and trainer from Antifa. This carpet munching nutbag and her scissor partner moved from Kansas City to Canada in the wake of the election, then moved into the Minneapolis area a few months, where they immediately got involved as training cadre for anti law enforcement leftists.

By Divemedic, ago

It’s Coming

The left is ramping up their resistance of Trump, and now even local government officials and law enforcement are joining in the resistance.

The left is dumb, in that they are making this look more and more like an insurrection. Here is the insurrection act (pdf not hosted here at this site).

Trump will keep goading them, and they will stupidly continue their idiocy, until it reaches a level that permits him to use military force to suppress the insurrection.

By Divemedic, ago