Month: July 2010

Now Afghanistan Has Its Own Pentagon Papers

Courtesy of Wikileaks, which received something on the order of 90,000 US documents about Afghanistan, pretty much the whole of military logs from January 2004 until December 2009, which it then released to the New York Times, der Speigel, and The Guardian, some weeks ago, and has now made publicly available on their site.

Much like the Pentagon Papers, the revelations this far are also generally known:

These are all well known facts, though these have not been presented in US government documents before, which is also much like the Pentagon Papers.

Needless to say, the Obama White House, notwithstanding its promises for more openness has gone full throated in its denunciation of the release of data, saying that the release of the documents could, “could endanger lives and U.S. security,” even though the facts are so well known that even I have blogged about most of them.

There is no danger to any lives or US security, but it does make it more difficult for Barack Obama to prosecute this deepening fiasco, he will see increasing push-back from his own party on this, and this likely seen as a serious political, threat: It is clear that Obama is terrified of being cast as a peacenik in the 2012 elections.

This is Not A Serious KC-X Bid

Stephen Trimble has their PowerPoint, (the link is no good) and it is simply not a credible proposal.

As you can see, it is a twin turbofan variant of the An-70 quad turboprop transport, and I would note that the rough/austere capabilities shown on slide 8 include a an AN-70 crashed in the snow, which is a pretty good indication of the fact that the bidders are “not ready for prime time”.

Additionally, as I have noted before, a high wing aircraft is 50+ kts slower, which means that getting on station takes more time, and the advantages, austere field capability and the ability to paradrop people and cargo, are not a part of a requirement.

The Taiwanese Assesment of Sarah Palin

I’m not sure if it’s the same folks as “Apple Daily,” who did those animations of a prominent golfer who is on my list of They Who Must Not Be Named which Olberman featured prominently, but the style, as well as the cultural sensibilities, seem to be very similar.

I’m not sure if this means that they Don’t understand the United States, or if it means that they Do understand the United States.

If the producers of this video do actually understand us, we are in for a world of hurt as a nation.

VIDEO: Silent Eagle Bay Watch

Click for full size


Top Bay Only in Prototype, Production will Have Bottom Bay as Well


Door Opening and Missile Extending


Launch of an AIM-120

Boeing has now successfully flown a demonstrator for its slelent eagle, the F-15E1 demonstrator.

It has both extended and retracted a missile, and made a successful launch of the AIM-120 AMRAAM.

While these are significant, it should be noted that the system is nowhere near combat ready, with the time for opening the door and extending the missile being at least 10 times what you would want in real air to air combat.

Still, the aerodynamics involved, at least when flying straight and level at around 15,000 feet.

More significant might the fact that Boeing has secured an export license of the aircraft to South Korea.

It’s a low cost solution compared to either the F-35 or F-22, which is more of an indicator of just how the costs of combat aircraft have gotten completely out of control, rather than an indication of how inexpensive the F-15 is as platform.

It’s Bank Failure Friday!!!!

And here they are, ordered, and numbered for the year so far.

  1. Sterling Bank, Lantana, FL
  2. Crescent Bank and Trust Company, Jasper, GA
  3. Williamsburg First National Bank, Kingstree, SC
  4. Thunder Bank, Sylvan Grove, KS
  5. Community Security Bank, New Prague, MN
  6. SouthwestUSA Bank, Las Vegas, NV
  7. Home Valley Bank, Cave Junction, OR

Full FDIC list

Another 6 A 7 bank closing week, and we’ve broken 100 banks, and it is not yet August. we are certainly going to beat the tally of 140 for 2009. (Yes, I posted to soon, and needed to update)

So, here is the graph pr0n with trendline (FDIC only):

I would note that are now at the point where the utility of the least squares trendline is diminishing, but I’m keeping it here for historical purposes.

Putting Descartes Before the Horse

Not entirely safe for work

It’s not entirely safe fow work, but it is very, very funny.

Me, my philosophy is driven by Marxism, not Karl, but rather the Marx brothers, most notably the brother who never appeared before the camera, though he was on stage, Gummo.

Why do I follow Gummo Marx?

Because if I didn’t who else would.

I will note that I have an affection for Zeppo as well, since he was actually involved in engineering and manufacture, bring the man behind the Marman Clamp, so he is a fellow engineer, after a fashion.

H/t The Big Picture.

Credit Ratings Freak Out

One of the tidbits in the financial reform bill was a provision making the ratings agencies liable for the quality of their reports, which is a good thing, since they are nominally experts, and expert opinions of this sort are generally subject to lawsuits for fraud and incompetence.

Their protection from lawsuits had a direct correlation with the crap that Moody’s Fitch’s, and S&P pumped out their door over the past few years.

The thing is, however, that the ratings agencies are completely freaking out over this, and are now demanding that their ratings not be included in bond sales prospectuses:

Standard & Poor’s, Moody’s Investors Service and Fitch Ratings are all refusing to allow their ratings to be used in documentation for new bond sales, each said in statements in recent days. Each says it fears being exposed to new legal liability created by the landmark Dodd-Frank financial reform law. The new law will make ratings firms liable for the quality of their ratings decisions, effective immediately. The companies say that, until they get a better understanding of their legal exposure, they are refusing to let bond issuers use their ratings.

What they are saying here is that they are unwilling to actually rate bond issues if there is the slightest chance that their own incompetence or corruption might get them successfully sued.

Well, for most of the rest of us, if we screw up a home repair, leave a cell phone in a patient during an operation, or leave an oil plug off of a car, we are liable, and the world works.

The ratings agencies have no special right to be unaccountable.

MSNBC Last Night

We have two videos here, the first is Olbermann’s special comment, which is good, but, as I said last night, not as good as he has been, and then we have Maddow’s clear and convincing demonstration about how the right wing media in general, and Fox in particular, play the game of, “find the big scary black man,” for political advantage.

I prefer Rachel’s approach and delivery.

That being said, they are both good segments, and well worth spending the 10-15 minutes each segment runs.

Dems Cave on Anthropogenic Climate Change Bill

I guess that is no surprise that John Kerry and Harry Reid have given up on climate change legislation.

The only bright side is that it was a pretty sucky bill which would have handed the Vampire Squid* and Their Evil Minions a new market mechanism to rape.

If Obama has any balls, and he doesn’t, he will get moving to have the EPA draw up regulations, ones with real teeth make the coal, oil, and gas state Congressmen sweat.

In order to capture legislators hearts and minds on this issue, you need to get them by the balls first.

*Alas, I cannot claim credit for the bon mot describing Goldman Sachs as a, “great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.” This was coined by the great Matt Taibbi, in his article on the massive criminal conspiracy investment firm, The Great American Bubble Machine.

Economics Update

It’s jobless Thursday initial claims rose by 37,000 to a 464,000 (seasonally adjusted), worse than forecast, with the less noisy 4 week moving average rising by 1,250 to 456,000, though continuing claims fell by 223,000 to 4.49 million.

In real estate, the inventory of homes for sales has risen year over year, and existing home sales fell in June.

They will fall in July as well, since we are still seeing the tailing off of closings from contracts that were signed before the tax credit expired.

About the only thing that shows any hope in the housing market is that mortgage rates continue to fall, though they really running up against the zero bound.

How a Sewing Machine Works

I had to figure out how exactly this worked in 1982, when I borrowed my roomate’s sewing maschine, which he used primarily as a coffee table, and had to thread it and get it to work so that I could make medieval garb for an SCA event.

I thought that it was neat at the time, but I had since forgotten it.

I still think tht it is neat.

Click the pic for a slightly larger image.

[on edit]

H/t Roger Ebert.

World Court Rules Kosovo Independence Not Illegal

Serbia brought the case to them, arguing that the Kosavar declaration of independence was an infringement on the sovereignty of their country, and the court rules that such a secession is not against international law:

Kosovo’s declaration of independence from Serbia in 2008 did not break international law, top UN judges have ruled in a non-binding decision.

The International Court of Justice rejected Serbian claims that the move had violated its territorial integrity.

Kosovo officials said all doubt about its status had now been removed, but Serbia’s president insisted Belgrade would never recognise the secession.

Kosovo has been defacto independent for almost 2 decades, so this won’t make much of a difference, but I rather imagine that ¾ or the rulers of African nations are sh$#@ing bullets right now, because the boundaries of those countries are arbitrary artifacts of a horrific colonial past, and it will likely encourage more moves toward redrawing those boundaries.

In the long run, such a move will be good for the people of Africa, but to the corrupt elites who rule most of these nations,* because stoking ethnic divisions in order to create power with a divide and conquer strategy is how many of these corrupt bastards stay in power.

A change to better drawn boundaries makes this more difficult, and thus would reduce their ability to rob their countrymen blind.

*Hell, the corrupt elites rule most of the nations in the world, including ours. See our own White House and Congress.
Again, true of most nations out there too, including ours, see the Teabagger caucus in Congress.
Yes, us too, OK!