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Shooting Ducks, Trucks. and Counting On Luck? No More

Shooting Ducks, Trucks. and Counting On Luck? No More

Published 1 year, 8 months ago
Description

Truesdell Wealth, Inc. is a Registered Investment Advisor (RIA)
Paul Grant Truesdell, J.D., AIF, CLU, ChFC, RFC – Founder
The Truesdell Professional Building
200 NW 52nd Avenue | Ocala FL 34482
Located in the Ocala International Commerce Park
352-612-1000 or 212-433-2525 [Voice or Text]
YouTube: @truesdellwealth
X.com: @truesdellwealth 
Facebook: truesdellwealth

Due to our extensive holdings and our clients, you should assume that we have a position in all companies discussed and that a conflict of interest exists. The information presented is provided for informational purposes only. Past performance is not a guarantee of future performance. The Truesdell Companies is a conglomerate of professional service firms, owned in whole or jointly by various members of the Truesdell Family. 

Facebook: TruesdellWealth
LinkedIn: TruesdellWealth
X.com: TruesdellWealth

Personal Website for Paul Grant Truesdell: PaulTruesdell.com 

February 28 – Sponsorship of The Tunnel to Towers Foundation Benefit Concert
We (Truesdell Wealth, Insurance, Consulting, and Law) are sponsors to the 911 Tunnel to Towers Benefit Concert at the Circle Square Cultural Center – Visit https://eirinnabu.com then click on SHOWS for tickets and details. This is going will be a “blow-out!” event with music from “our” era and more. Since 9/11, T2T have been helping America’s heroes by providing mortgage-free homes to Gold Star and fallen first responder families with young children and by building specially adapted smart homes for catastrophically injured veterans and first responders. T2T is committed to eradicating veteran homelessness and helping America to Never Forget September 11, 2001. One of those whose family benefited was a murdered Tampa Police Officer who I personally knew. Please attend and support T2T.

Rough Transcript

Let me get straight to the point. The United States is facing some serious challenges when it comes to missile defense. A recent study put out by the American Physical Society—now, this is a respected group of physicists—lays it out in no uncertain terms: After 70 years and $350 billion in investments, our missile defense systems are still not up to the task of protecting us from a realistic intercontinental ballistic missile, or ICBM, attack. Let that sink in for a moment. Seventy years. $350 billion. And we still can’t guarantee that we could shoot down a small salvo of missiles from, say, North Korea.

Now, here’s the kicker: This isn’t new information. For decades, studies have shown that our systems fall short in key areas. But instead of addressing these issues head-on, we’ve seen a lot of hand-waving, a lot of testing under controlled conditions that don’t reflect the chaos of a real-world attack. The study even goes so far as to say that it would take at least 15 more years to develop anything that could reliably counter a small number of relatively unsophisticated missiles.

So, what’s the problem here? Well, it’s a mix of technological hurdles, unrealistic expectations, and a lack of political will. Let’s break it down.

First, let’s talk about our current systems. The Ground-Based Midcourse Defense, or GMD, is supposed to be our frontline defense against ICBMs. But this study basically calls it a paper tiger. It’s fragile, it’s expensive, and it’s riddled with vulnerabilities to countermeasures—things like decoys that confuse the interceptors. In 19 tests since 1999, this system has only succeeded in 10. That’s barely a 50% success rate. And let me tell you, if you’re playing defense against nuclear missiles, those are not the odds you want.

Then there’s the Next Generation Interceptor, or NGI. This is the Pentagon’s shiny new toy, designed to fix some of the problems with the GMD. But here’s the thing: It won’t be operational until at least 2028, and even then, it’s not clear it’ll solve the fundamental issues, like telling the difference

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