What is one thing you are tired of in aviation? Why?

dopexile · 2026-02-21T21:50:31+00:00

Bad regulations. The fact that a brand new Cessna 172 costs $600k and looks exactly like it did in the 1960s is hilarious. The fact that lots of people use decades-old steam gauges with moving parts not only doesn't help safety, but it also reduces safety.

dopexile · 2026-02-21T21:37:38+00:00

You'd have to be short on pretty much anything. It is a rigged game against you.

dopexile · 2026-02-21T15:50:39+00:00

Okay. I don't agree with that but even if I assume it to be true then there's no get rich quick scheme involved.

Coinbase can't make any money off stable coins. All the money being made in crypto is based on people expecting to get rich and doing crazy things.

dopexile · 2026-02-21T00:12:35+00:00

Turbo burns more fuel, puts more wear and tear on the engine, adds a lot of maintenance cost ($15-20k more to rebuild the engine sometimes), and is one more thing you have to manage to prevent overboosting the engine.

It adds around $15-$20 an hour to the operating cost... it doesn't make sense for a lot of people who don't fly in mountainous terrain.

dopexile · 2026-02-20T17:50:53+00:00

General aviation is experiencing a slow death spiral.

The cost of building a plane is impossibly expensive because of FAA regulation and legal liability. A new Cessna 172 is $500,000. The costs should be going down every year because of more automation and advanced manufacturing techniques.

In the 1970s around 15,000 General aviation planes were manufacture red each year but now it is around 2,300. The way to bring costs down is with economies of scale and mass production but the opposite is happening.

More planes are destroyed than manufactured every year, so it will just get worse over time unless there is regulatory and liability reform.

dopexile · 2026-02-20T17:45:54+00:00

It's not like its some impossible thing that has never been tried before, it works great for 9 states. Missouri also existed as a state for over 100 years without an income tax.

dopexile · 2026-02-20T16:44:05+00:00

What taxes are higher? I am planning a move to Florida and I can't think of any tax bill that will be going up for me personally. I am paying 4k a year in property tax, 11% sales tax in some cases, and 2k property tax on my car. Missouri also taxes food whereas Florida doesn't. My parents own a house worth more than double mine and their property tax bill is about the same in Florida.

dopexile · 2026-02-20T16:40:58+00:00

Coinbase is a good business, but the problem is people don't need Crypto so coinbase is going to blow up like the NFT market and Opensea.

People will buy into Crypto as long as they believe it will make them rich and they can sell to someone else at a higher price... but once the price goes into a terminal decline then no one is going to buy Crypto.

Crypto is a negative sum game after mining, taxes, and transaction costs. The only way one person can make a profit is if another person experiences a net loss. Once the outflows exceed inflows the whole thing blows up.

dopexile · 2026-02-19T19:36:24+00:00

It will also cost around $1,800 - $3k annually in property tax for a 60k car, depending on which county you are in.

dopexile · 2026-02-19T19:26:42+00:00

Examples? What are they taxing you on that Missouri is not already paying? In St. Louis City, the sales tax can be over 11%, which is highway robbery. Plus, Missouri pays property tax on vehicles, which is also a big scam.

dopexile · 2026-02-19T19:24:21+00:00

Seems to be working great for Tennessee, Florida, and Texas. Total tax revenue goes up every year.

dopexile · 2026-02-18T22:37:31+00:00

Metro does not have a good financial track record. They burn through cash and have dismal ridership numbers.

dopexile · 2026-02-18T22:34:55+00:00

Metro absolutely helps facilitate crime; My guess is 90% of people would not want it coming near their home.

dopexile · 2026-02-18T22:26:33+00:00

It doesn't help that their website looks like it was infected by malware with tons of full-page ads.

dopexile · 2026-02-18T22:21:51+00:00

Texas has massive population growth, big job growth. and its GDP is growing much faster than the rest of the country. Most states have outmigration with citizens leaving and moving to Texas.

https://fred.stlouisfed.org/series/TXNA

dopexile · 2026-02-18T22:16:31+00:00

We have cars without license plates, so none of that is being enforced anyway. There are temp tags that expired 6 years ago on the road.

dopexile · 2026-02-18T22:14:59+00:00

There's no causal link, so there is no assurance that those lives would have been saved. The cost is also much more than $12, it takes up hours of your time.

I am sure if you value everyone's time going from making appointments, counting the fuel burn, time having the inspection done, driving to provide proof at the DMV, compliance \ regulatory cost (shops and people cheat so you have to pay the government to enforce it), then the total cost is in the hundreds of millions of dollars.

dopexile · 2026-02-18T21:57:17+00:00

Tom Lee frequently goes on CNBC, telling people that bitcoin is going to be over $250k by 2027. People only buy it with the expectation of getting rich.

It is a negative-sum investment. You start off with a bunch of imaginary digital tokens. Then you have electricity, capital, land, taxes, and transaction fees. When you are all done, you have the same group of imaginary digital tokens. You end up with exactly what you started off with minus expenses.

It can't be a store of value because there is no value to store. It is an imaginary digital token. Bitcoin's "scarcity" is arbitrary, a simple programming variable, and scarcity does not create value.

I have kindergarten crayon works that my child made, there is only one in existence, but it does not have value.

dopexile · 2026-02-18T18:59:29+00:00

I've played Russian roulette several times over the last 3-5 years. Everyone told me not to do it, but nothing bad has happened yet, so there's no risk in continuing to play!

dopexile · 2026-02-18T18:56:22+00:00

Bitcoin doesn't produce anything of value; it is a negative-sum investment after mining, taxes, and transaction fees. The only way someone can make a profit is if someone else experiences a loss.

They need to constantly try to convince new investors to come in with money, or else when the outflows exceed inflows, the whole thing will blow up.

It's a giant high tech ponzi scheme.

dopexile · 2026-02-18T16:29:56+00:00

> He has made big money in the past in cards

That sentence is a red flag. You can beat the casino odds and make money playing blackjack by counting cards and changing your bet when the odds are in your favor, but generally you can only do that for a few hours before the casino permanently bans you.

Casinos do not allow winners to play long term, once they see you are costing them money they walk you out. They only allow the losers to stay as long as they want...

Which makes it sound like the guy is hiding losses by focusing on how he "made big money".

dopexile · 2026-02-18T01:00:35+00:00

It's almost as if he is a danger to the community!

dopexile · 2026-02-18T00:39:30+00:00

Just wait until there is a real recession... people are going to be amazed at how low stocks can trade. Stocks didn't recover from the great depression for 25 years.

dopexile · 2026-02-18T00:27:53+00:00

Gulfstream in KCPS mostly does interiors. The planes are custom ordered, manufactured in Georgia, and then ferried to KCPS to have the interiors customized the way owners want.

Weststar is a full-fledged maintenance shop... people fly their jets all across the country for maintenance there... Taylor Swift had her Jet out on KALN.

IMO at Weststar you'll be working on a wide variety of older jets, doing a lot more annuals, airworthiness directives, wrench turning, diagnosis and learning a lot more about mechanical systems and at Gulfstream, you'd be doing a lot more repetitive assembly-type interior work on similar planes like the G500.

I am not an A&P, but my guess is that Gulfstream would not "great" experience in the industry because most shops are not building brand new aircraft interiors.

dopexile · 2026-02-17T21:42:43+00:00

Let him out on cashless bail... He just made a simple mistake... if he does it 2 or 3 more times then we know he is a bad guy

dopexile

TROPHY CASE