BC ECONOMY
Saved by @CodyyyGardner

1/18 Further thread on Air Policing in peacetime and implications for Irish foreign policy: there are so many different options available for air policing on the market that to go into all of them is unrealistic and ends up in a 'top trumps' style contest. @BerryCathal @donlav

 2/18 That’s before you get to the whole argument about twin engine vs single engine safety overwater argument. For now, it’s enough to put forward the options in broad outline.

Option 1: Surface-to-Air missiles only

This option is included because there’s always someone...
3/18 ...who will say ‘just get missiles’, because they think that this will be somehow cheaper. Modern long-range surface-to-air missile (SAM) systems, however, are not significantly less expensive than fighter jets. They also have an issue in how many times you can use them.
4/18 They have an even bigger issue in that your solution to what may only be an airliner with a broken transponder is to blow it out of the sky.
@ConorHogarty @mupper2 @kevpipps
5/18 While there are many good reasons why the @defenceforces should upgrade its SAM capability, these are largely related to the blended warfare now being rolled out globally with the increasing use of basic drones and larger unmanned aerial systems. @conormlally @RuthMCasey
6/18 In summary: long range SAMS are not suitable for use as the primary component of a peacetime air policing system. If someone proposes this as a realistic option, just walk away without turning your back on them. @KeohaneDan @jjsalmo @LiamCahill2013 @JohnMooneyST @SeanFionn
7/18 Option 2: second-hand equipment

Having established that we probably don’t need a top of the range stealth fighter to achieve the goals we’ve set out. How about something second-hand? @tchukstr @koceallaigh @CllrPioSmith @beaufortcomment @DavidBa8976 @dsmooney
8/18 For the primary radar, maybe. It’s certainly not subject to the same stresses as a fighter jet. For the aircraft itself, we would say no. With all aircraft, the real money is not in the capital outlay, it’s in through life support. @chrisrdonoghue @LauraMcGonigle
9/18 What that means is that if you buy an ageing fighter jet from someone else, it’s likely going to be several generations old in technological terms. That means you have to ask: does it still have support from the original manufacturers? @K_Kourousis @AirworthinessG @DFPRB
10/18 Are some of the parts still in production anywhere? Bear in mind that some of the most modern aircraft out there have had issues in sourcing microchips that went out of stock since the aircraft were designed. @spg104 @Ros_Aodha @GorseFires
11/18 Older machines are always heavier on maintenance per-flying-hour as well and in the initial few years, Ireland would have to do more flying than most to build up its organisational experience, doctrine etc. You could end up buying very expensive hanger ornaments.
12/18 The informed view is that while the sticker price might be lower, you may very well not get value for money on a fleet of second-hand aircraft as your first modern fighter purchase.
@GCraughwell @John_McGahon @malcolmbyrne @gabmcfadden @MarkWall1 @lichamber @jackfchambers
13/18 Option 3: buying brand new

This is usually the bit that people look at when they say ‘it’s too expensive’. The capital outlay for a new fighter is large, no doubt about it. As an initial outlay, it can easily run into multiples of the Defence Budget in total. @johnbradysf
14/18 Even assuming paying the costs over years, it would still stretch the coffers, however the aircraft could last for up to thirty years. @SorcaClarke_TD @GaryGannonTD @lawlessj @BrianLeddin @davidstantontd @BrendanSmithTD @MattShanahanTD @slandail_nssi @kforfitz_Wayne
15/18 Certainly an option, but if you are buying something to last that long, you should be buying from the top end of the scale so that at the end of its life, it’s still reasonably capable. This then pushes up the cost again… @KennethMcDonagh @seandanaher5 @OrlaithCarmody
16/18 Option 4: can’t someone else do it?

This is the option favoured by the Baltic States and Iceland, whose airspace is policed by @NATO.

And by Ireland too, since our airspace is effectively policed by the UK, a NATO member (ref @UKDefJournal).

https://t.co/j0VrwtUCeR
17/18 If you’re wondering if this impinges on our neutrality, you’d be correct as it doesn’t fit with our stance on the inviolability of our national territory. Undoubtedly, the airspace above our country is part of that territory. @CharlieFlanagan @dfatirl @McNamara_Eoin
18/18 While not meaning to have a go at the UK in any way – there’s a flight safety risk if the service isn’t there – it does raise a real sovereignty and foreign policy issue for the State, regardless of which external party supplies the capability. (with thanks @declan275)

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Moses Kagan
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1/ How to raise a real estate fund (and, ideally, avoid getting sued)

Have warned everyone it’s better to raise capital deal-by-deal, bc it’s easier to raise & bc it's better for the sponsor. Still, there’s interest in learning how to do a fund… so, here goes.

2/ Don’t think of doing this unless you have a record of successful deals, ideally mostly/all in the same asset class / strategy.

Remember: You will be asking LPs to invest in YOU; they need to feel like you know what you’re doing.

3/ Really helps to have a list of prospective LPs BEFORE you start your raise. The more high-quality leads you have, the more likely you are to succeed. (I built my list via my blog initially; now twitter leads predominate - see my bio.)

4/ Find an experienced attorney. Doesn’t need to be a huge, expensive firm, but you want someone who has done a lot of private offerings before. Don’t agree to a big fee yet… at first, you just want a few hrs of her time for advice.

5/ Find an experienced CPA. Ideally, your existing CPA has worked on a lot of private deals before. If not, get a new one. Prospective LPs need confidence that someone good is overseeing the bookkeeping and doing the tax prep.
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Window dressing: : the act or an instance of making something appear deceptively attractive or favorable

Tens of thousands of of businesses shut down, economy in shambles, windows showing abandoned stores and restaurant are staring at you ugly when you are passing by. Now the same leftists responsible for this disaster think they found a solution to fix the ugliness they created.

This is the solution our Dem leaders have chosen to remedy the scars they created and the livelihoods they destroyed: apply some make-up. Make art installations in the windows of the abandoned stores and restaurants. Apply propaganda lipstick on the leftist pig and call it "art"

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In Socialist Romania during the years of the Ceausescu regime they did pretty much the same thing, only they didn't call it "art". The grocery stores and butcher shops were always empty, there was no food anywhere other that on the black market.
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Thread: Why Kenya and other countries are introducing Digital Taxes? Why now?

Now,the current tax laws & international tax framework (which dates back to the 1920s) was designed at a time when businesses were largely brick-and-mortar (physical stores).Then, it was unimagineable for a biz to operate in another country without some form of physical presence

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B3/X

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@michaelharriot
I know I’ve been beating this redlining and wealth gap drum for 20+ years but here is a GREAT cliffs notes version.

But don’t take @ambermruffin’s word for it. You should get references...

A thread


How homes in Black neighborhoods are undervalued by $156

Every major bank in the US has been sued for mortgage discrimination and a study that included every mortgage in America found that Banks charge higher interest rates to nonblack customers



https://t.co/sx9tWWB98s

Baltimore redlined areas in 1935 vs Baltimore Drug arrests in 2016
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Bhu Varaha Swamy Temple

Bhu Varaha Swamy temple is a Hindu temple, located at Srimushnam, in the South Indian state of Tamil Nadu. Constructed in the Dravidian style of architecture...


the temple is dedicated to Varaha (Bhu Varaha Swamy), the boar-avatar of the god Vishnu and his consort Lakshmi as Ambujavalli Thayar.

The temple had contributions from Medieval Cholas of the 10th century with later expansions by Thanjavur Nayak king Achuthappa Nayak.


A granite wall surrounds the temple, enclosing all the shrines and the temple tanks. There is a seven-tieredrajagopuram, the temple’s gateway tower.

Six daily rituals and three yearly festivals are held at the temple, of which the Chariot festival....


celebrated during the Tamil month of Vaikasi (April–May), being the most prominent. The festival also symbolises Hindu-Muslim unity in the region – the flag of the chariot is provided by Muslims; they take offerings from the temple and present to Allah in the mosques.


Source & Pic credit : Anusri
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Sam Dylan Finch \U0001f937\U0001f3fb\u200d\u2642\ufe0f
Sam Dylan Finch 🤷🏻‍♂️...
@samdylanfinch
I had the most bizarre experience outside of a bar yesterday, which my partner very aptly described as "toxic mask-unlinity." (A Thread.)

I was standing outside, waiting for a lyft to get home, when two cis men came out of the bar to smoke cigarettes. They're discussing the masks that folks are wearing in California at the moment because of the very dangerous air pollution from the fires happening.

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He goes on a homophobic rant about me, the pansy with a mask, and what a Very Manly Man he is because he's not afraid to smoke a pack of cigarettes while California is on fire. He doesn't need a mask, because something-something-heterosexual-something.

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Chris Herd
Chris Herd
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The 2020s will be known as the Remote Work decade

A few predictions of what is likely to emerge

[ a thread ] 💻🏠🌍

🏦Third Space: Office and Working from Home will be joined by somewhere close by that a number of people will use

Supermarkets or local bank branches should emerge as a convenient ubiquitous location option – if they are smart

⏰Asynchronous Work: Offices are instantaneous gratification distraction factories where synchronous work makes it impossible to get stuff done

Tools that enable asynchronous work are the most important thing globally remote teams need. A lot of startups will try to tackle this

⚽️Hobbie Renaissance: Remote working will lead to a rise in people participating in hobbies and activities which link them to people in their local community

This will lead to deeper, more meaningful relationships which overcome societal issues of loneliness and issolation

🚜Rural Living: World-class people will move to smaller cities, have a lower cost of living & higher quality of life

These regions must innovate quickly to attract that wealth. Better schools, faster internet connections are a must
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Eric
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1/ Recently, I learned about the concept of ‘struggle porn’. This refers to the fetish of sacrificing nearly everything (health, relationships, time) for your startup. I fear that this label is creating more harm than good.

2/ @nateliason wrote a fabulous article about this topic, which first introduced me to this concept. Everyone should read it:

3/ @alexisohanian also recently spoke about struggle porn, though referring to it as ‘hustle porn.’ (as the co-founder of @hustlefundvc, obviously I take issue with this pejorative definition of ‘hustle’, but that’s another topic)

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Pegasus of Dharma
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@HarduttSuhas
The BATTLE OF PAVAN KHIND (13 July 1660)

300 MARATHAS against 10000+ ADIL SHAHI TROOPS

A Sparta style last man stand at a mountain pass which ensured Shivaji Maharaj's safety.

Valour, loyalty and sacrifice!


Baji Prabhu Deshpande was one of the most able lieutenants of Shivaji. He sacrificed his life defending Shivaji in a heroic last stand known as the "Battle of Pavan Khind" in which his force was hugely outnumbered.(1)

In this battle he became a martyr, but managed to halt the enemy forces for several hours, which secured Shivaji’s safety and victory on another front. Without this heroic last stand Shivaji’s glorious career may have been cut short.(2)


Baji Prabhu was senior to Shivaji. In the beginning he opposed Shivaji being from a rival Maratha clan, but realised that Shivaji stood for national resurgence. Henceforth he became a friend and loyal supporter of Shivaji.(3)

In 1660, Shivaji was trapped in the fort of Panhala, under siege and vastly outnumbered by an Adilshahi army led by general Siddhi Jauhar.(4)
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