Author: Matthew G. Saroff

Whiskey Tango Foxtrot: Car Bomb Found in Times Square

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Thankfully, it did not go off, but it was sitting there smoking away:

The police discovered a car bomb in a smoking Nissan Pathfinder in the heart of Times Square, prompting the evacuation of thousands of tourists and theatergoers from the area on a warm and busy Saturday evening.

There was no explosion.

“It appears to be a car bomb left in a Pathfinder between Seventh and Eighth” Avenues on 45th Street, said Deputy Commissioner Paul J. Browne, the Police Department’s chief spokesman.

The device, he said, contained “explosive elements” that included “propane tanks, some kind of powder, gasoline and a timing device.”

………

The explosive materials were discovered about 6:30 by a mounted police officer who saw a box with smoke pouring from it in the back of the Pathfinder, Mr. Browne said. The officer called for backup, and the Fire Department and bomb squad.

The Pathfinder’s back window was broken out, Mr. Browne said, and the police sent in a “robotic device” to “observe it.”

Mr. Browne said gunpowder had been found in the vehicle, but not a high-grade explosive. The timing device was a clock attached to wires. The gasoline was in cans and there appeared to be two or three propane tanks.

Apparently, had it worked, it would have been more of a woosh (followed by a weenie roast) than a boom, but still, it’s unsettling.

The composition was gunpowder, unclear if they mean black powder or modern smokeless powder, cans of gasoline, and propane tanks, which sounds to my, “Haven’t blown sh%$ up since I was in my teens,” mind to be a pretty amateur operation.

Still, WTF?!?!?

PAK-FA/T-50 Video and Photo Pr0n

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Click for full size

This shot shows that the fan face is visible.
(Note, full size pic is humongous)


Detail of inlet


A variable geometry radar blocking technology.


Russian with subtitles


A useful PowerPoint from public sources

In terms of the development of the aircraft, it appears that both the Salut and United Engine Corp. (UEC) will work jointly to develop the a 2ndproduction engine for the aircraft, (paid subscription required) in addition to the engine being developed by Saturn, the prototype is flying with a variant of Saturn’s AL-31-F.

This indicates I think that the Russians are placing a lot of importance on the timely service entry of this aircraft, and I think is a far more sensible course of action than the jihad the Pentagon has had against the F136 alternate engine for the JSF, which may lower development costs in the near term, but almost certainly raises costs, and risks in the longer term.

As to stealth, it’s clear from the top two pictures that the engine fan face is clearly visible from a fairly wide (15°+) angle, which implies that some sort of radar blocker must be present. (H/t whoever posted them online)

If you look at the first video (3rd item on right), it looks like they may have a variable geometry radar blocker, which would provide a helical path for air, and signal, under some circumstances, non-maneuvering subsonic CAP, for example, and would provide a straight path when more airflow is desired, such as during a dogfight or supercruise.

Additionally, the bottom video lets drop an interesting manufacturing technology at about 2:25.

The fixtures for composite construction that that they are using have a very different philosophy than those used with US aircraft.

With US aircraft, Invar, which has a low coefficient of expansion, is used, where the Russians are going with tooling that is made from the same composite that is used on the airframe, so it will expand and contract with the underlying structure during the autoclaving process.

I just find this interesting as an engineer.

H/t Bill Sweetman for both vids.

Finally, there is a PowerPoint, h/t Stephen Trimble, which assembles most of the publicly available data on the PAK-FA, and serves to paint a rather more complete picture of the program and its capabilities.

India Restructures MMRCA Competition

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It appears that because of an inability of the Indian defense bureaucracy to evaluate proposals in a timely manner has required that the schedule for the downselect to 3 competitors for the Medium Multi-Role Combat Aircraft (MMRCA) program be pushed back an indeterminate length of time, (paid subscription required) which, under the terms of the contract, requires a rebid from the competitors.

FWIW, my money is still on MiG winning, the Indians already fly the aircraft, and the Eurofighter, Rafale, and Superhornet are really too large to be “Medium,” the F-16 is also operated by the Pakistanis, and the Gripen, by virtue of being Swedish, does not have the requisite geopolitical pull.

Then again, the final selection still appears to be at least 3 years off, and my powers of prognostication are in serious doubt.

And the Tanker Saga Continues………

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It’s official

There was much hemming and hawing, but the Pentagon offered a 60 day extension for EADS to make the the bid, which will will slip the award of the contract to some time next year and French President Nicolas “Bling Bling” Sarkozy leaned on them to make the bid, so EADS moved forward.

They have entered into entered into negotiations with L-3 as a key supplier, which is basically a way for them to put a bit of a US front on the program tanker.

So, EADS has decided to go it alone, without a US partner, and bid for the contract.

I think that a lot of this is really about maintaining a presence, so as to keep lines of communication open with the members of Congress and the Pentagon staff for future bids, but as Stephen Trimble notes, they do seem to be doing their best to play to win, as evidenced by the talking points they are sending out to Congress, which are a harsh slam of Boeing, noting the fact that their plane is flying, and works, while Boeing’s proposal is not flying, and that the 767 tankers sold to the Italians and Japanese still have issues with their hose and drogue systems.

Because the new contract gives very little in the way of credit for exceeding the basic requirements, this means that their best chance to win this is to show that Boeing cannot be expected to fulfill a contract on time and on budget.

Considering Boeing’s record, this is probably true, but considering EADS’ record **cough** A400M **cough**, it is also true for them.

It’s Bank Failure Friday!!!!

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

  1. Eurobank, San Juan, PR
  2. R-G Premier Bank of Puerto Rico, Hato Rey, PR
  3. Westernbank Puerto Rico, Mayaguez, PR
  4. CF Bancorp, Port Huron, MI
  5. Champion Bank, Creve Coeur, MO
  6. BC National Banks, Butler, MO
  7. Frontier Bank, Everett, WA

An interesting note here is that there has been almost a year of of reports foreshadowing the Puerto Rican bank closures, and this is 22 bank failures over 3 Friday evenings, 8 on the 16th, and 7 last week and this week.

This ain’t pretty.

Full FDIC list

And here are the credit union closings, and I missed them:

  1. Kern Central Credit Union, Bakersfield, Ca
  2. Tracy Federal Credit Union , Tracy, CA

Kern was closed April 8, and Tracy was closed on April 27. I guess that the NCUA does not wait until Fridays, sorry.

Full NCUA list

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

Good News, Everyone!

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Good news everyone!


I invented a device that makes you read this in your head using my voice!

The Texas Court of Criminal Appeals has ruled that a lower court erred when it said that the Texas money laundering statute only applied to cash, which led it to dismiss the case against Tom Delay:

Co-defendants of former U.S. House Majority Leader Tom DeLay suffered a significant setback Wednesday in their quest to avoid a trial on charges that the trio conspired to launder corporate money during the 2002 elections.

The Texas Court of Criminal Appeals unanimously ruled that the lower state 3rd Court of Appeals erred when it accepted the co-defendants’ arguments that the money laundering law did not apply to them because the funds involved were checks, not cash. The all-Republican court, in effect, said the lower court acted prematurely.

I always thought that the ruling that check cannot be used to money launder was a pretty good indication of just how f%$#ed up justice and the judiciary are in Texas, and it’s nice to see the Texas Court of Criminal Appeals, which is the state supreme court on criminal matter (the Texas Supreme Court is the supreme court on civil matter), to recognize this.

The interesting thing here is that after his performance in Dancing With the Stars, I think that a Texas jury might be much more willing to convict.

Pass the popcorn.

Wanker of the Day:

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Reliably spouting right wing talking points since 2004

Barack Obama.

For claiming that there were no oil spills from platforms and as a result of Hurricane Katrina:

I don’t agree with the notion that we shouldn’t do anything. It turns out, by the way, that oil rigs today generally don’t cause spills. They are technologically very advanced. Even during Katrina, the spills didn’t come from the oil rigs, they came from the refineries onshore.

The problem here, as the folks at Media Matters so ably note, this is false. Hundreds of thousands of gallons of oil and distillates were spilled offshore as a consequence of hurricane Katrina.

It’s not true, it’s never been true, and he’s a smart guy, and he knows this.

Rachael Maddow Eviscerates Anti-Immigration Group

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I saw this last night, and now the video is out.

I am a hardliner on immigration. I think that the immigration laws should be aggressively enforced, that border controls should be strengthened, and that oft-abused visa programs (H1b, L1) should be fixed.

I also believe that the focus should be on the employers, because if the cost of employing illegals exceeds that of legal hiring, then it will stop. (My proposals are here.)

Unfortunately, most of the political groups out there, aside from labor unions, that want a hard line taken, are populated by racist nativists.

Case in point is Ms. Maddow’s masterful take-down of the crypto-racists at the Federation for American Immigration Reform (FAIR). She runs down its history, and then interviews its president, Dan Stein.

He is left an oily smudge on the floor.

Just watch it, it is 19 minutes and 33 seconds well spent.

Charlie Crist Announces Independent Run for Senate

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He’s left the Republican Party to run for the Senate as an independent.

The reason that he gives is that the, “political system [is] broken.”

I think that he would have gotten a few more votes out of telling the truth, which is that, “The nutjobs in the Florida Republican party are running the asylum now.”

In related news, John Cornyn, head of the RSCC, wants his money back.

If Crist has any brains, he will tell him, and anyone else, to go pound sand, that they contributed to a conservative candidate for Senate, and he is still that.

He could play it as Reagan did with his, “I am paying for this microphone, Mr. Breen.,” moment.

Obama Finally Makes 3 Fed Nominations

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As is expected, Janet Yellen was nominated as vice chairman of the Fed No. 2, along with Sarah Raskin and Peter Diamond.

Yellen is known as an inflation Dove, which is a good thing, though I don’t think that she will be the next Fed chair, she is 63, and neither would Mr. Diamond, he is 70.

Assuming that they are confirmed, it will mean that Obama has now appointed a majority of the permanent members of the FOMC.

Well, Here’s a Shocker

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It looks like the explosion and subsequent oil spill that is threatening Louisiana and other Gulf coast coastal regions may have been caused by a failure to properly seal the pipes with cement, a procedure that was performed by Halliburton:

The scrutiny on cementing will focus attention on Halliburton Co., the oilfield-services firm that was handling the cementing process on the rig, which burned and sank last week. The disaster, which killed 11, has left a gusher of oil streaming into the Gulf from a mile under the surface.

Halliburton is the Vampire Squid of the oil services industry.

Jon Stewart:12 – Steve Jobs:0

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Brutal!

The interesting thing here is that it’s actually pretty clear that Jon Stewart is a big fan huge fanboi of Apple® Computer and its products, and his take-down of Apple’s actions in the Gismodo iPhone prototype case is even more brutal because of it:

It wasn’t supposed to be this way. Microsoft was supposed to be the evil one. But now you guys are busting down doors in Palo Alto, while commandant Gates is ridding the world of mosquitoes. What the f**k is going on? It is all mixed up. I don’t know which end is up anymore. Black is white. Cats are dogs.

His point is that a large part of the appeal of products from Apple® is that it is, in some manner, sticking it to the man, and that now they are the man.

He also notes that in its corporate paranoia, Apple® ignores the real threats to its products:

I mean, if you wanna break down someone’s door, why don’t you start with AT&T, for God sakes? They make your amazing phone unusable as a phone! I mean, seriously! How do you drop four calls in a one-mile stretch of the West Side Highway! There’re no buildings around! What, does the open space confuse AT&T’s signal?!

Brutal, particularly when he invokes Apple®‘s iconic 1984 ad.

Vampire Squid Investigations Go Criminal

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Not a whole bunch of detail yet, but it appears that the SEC referred the issues in its civil fraud complaint against Goldman Sachs to the US Attorney in Manhattan, and they are now investigating. (See also here)

Obviously, an investigation does not prove guilt, nor does it guarantee a successful prosecution, though I think that the Prosecutors will have a lot to go on, because Goldman Sach’s personnel policy has employees regularly filling out self evaluation forms, and very likely these have some admissions of wrongdoing.

I think that a judge would be far more willing to grant a warrant for these records in a criminal investigation than he would for a civil investigation.

Economics Update (a Day Late)

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It was jobless Thursday, and the news is generally good, with applications for initial unemployment claims falling again, falling by 11k to a seasonally adjusted 448K, though the 4 week moving average rose slightly, and the continuing claims fell slightly to 4.65 million.

Additionally, the The Federal Reserve Bank of Chicago’s national activity index rose in March, foreclosures fell in the 1st quarter, though things like foreclosure moratoriums and mandatory arbitration may have contributed to this, and Japanese consumer spending and wages rose in March, though prices continue to fall.

Also, 30 year mortgage rates fell slightly this week, which moderates concerns about increasing interest rates.

Additionally, US treasurys rose, and yields fell slightly in the latest 7-year auction, implying that rates remain stable.

Energy and currency are largely being driven by Greece.

People are less concerned about a Greek default, which has reduced demand for the dollar as safe haven, driving the dollar lower, and the lower dollar has drive oil prices higher.