Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. The Bridge Message Board

Deputy Defense Secretary Patrick Shanahan on Thurs

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 127974
(Total Views: 173)
Posted On: 08/13/2018 10:04:13 AM
Posted By: Bhawks
Re: Shady #14263
Quote:
Deputy Defense Secretary Patrick Shanahan on Thursday said Pentagon officials do not yet know how much it will cost to establish President Trump’s desired "Space Force" but assume it would cost "billions."

Really, ya think? I'm much more worried about a 'mine shaft gap' vis-à-vis the Russkies

https://www.youtube.com/watch?v=ybSzoLCCX-Y&a...adio=1#t=0


“We have not done cost estimation yet,” Shanahan told reporters at the Pentagon, adding that he expects he won’t have a more concrete number until November.

Trump in March first announced his desire to create a Space Force, and in June directed the Pentagon to begin creating the new military branch.

Vice President Pence followed up by announcing Thursday at the Pentagon that the administration will seek to create the Space Force as the sixth branch of the military, to be established by 2020.




Several lawmakers have already hit back at the move as being costly and unnecessary.

“The VP just announced a new military branch - a 'Space Force,' because no [Republican] is willing to tell POTUS it’s a dumb idea,” Sen. Brian Schatz (D-Hawaii), wrote on Twitter. “Although 'Space Force' won’t happen, it’s dangerous to have a leader who cannot be talked out of crazy ideas. Elect D’s to check POTUS power.”

Rep. Tulsi Gabbard


(D-Hawaii) wrote on Twitter that the Space Force will mean “more money for defense contractors” while “Flint still does not have clean water. Puerto Rico is still struggling to recover from Hurricane Maria. Infrastructure across the country is failing. People are going homeless because they can't afford rent & more. Priorities?”

And former NASA astronaut Mark Kelly said Trump's plan for a new military space branch is “redundant” and “wasteful.”

Other lawmakers, however, expressed their support for a Space Force, calling it a “much-needed” advancement of U.S. defense policy.

“We have been warning for years of the need to protect our space assets and to develop more capable space systems," House Armed Services Committee members Mike Rogers (R-Ala.) and Jim Cooper (D-Tenn.) said in a statement.

Rogers and Cooper last year tried and failed to lead the effort to establish a separate space corps.




(0)
(0)








Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us