Posts filed under “War/Defense”
Debka via UBS’ s Andy Lees (in London) by way of Art Cashin in NY:
Geopolitics – Debka file reports that the announcement that Russia is set to activate Iran’s first nuclear power station by loading the fuel on August 21st has caused a major flap in Israel as it is reported that Russia has stationed S-300 anti missile batteries in Abkhazia on the Black Sea to protect the power station, which means that Israel’s air route to Iran is hereby closed and Moscow will do its utmost to thwart an Israeli air strike against Iran’s nuclear facilities. John Bolton, former US ambassador to the UN defined Moscow’s date for loading the fuel rods into the reactor as the point of no return, describing August 21st as a deadline “by which Israel would have to launch an attack on Iran’s Bushehr reactor before it effectively becomes immune to assault”. Once they are loaded, then an attack would risk spreading radiation.
Discuss . . .
Huge investigative piece in the Washington Post into “A hidden world growing beyond control” — National Security Inc. — about the massive expansion of the private and government intelligence and counterterrorism activities. What was historically sensitive government-only activities has been outsourced to for-profit vendors, with a variety of problems associated with this: “To ensure that…Read More
One of my regular criticisms of George W. Bush as President was, when presented with an opportunity to achieve greatness, he repeatedly failed to rise to the occasion. Indeed, his presidency can be viewed as a long series of missed opportunities: “Once in a generation, the stars align for a political leader. There is this…Read More
I had lunch earlier this week with Lakshman Achuthan of ECRI. Our offices are a block apart, and from time to time, we get together to shake our heads in collective astonishment over the economic questions of the day. We are both data driven, and look askance at the squishy gut approaches to economic forecasting….Read More
Every year, I avoid doing/writing anything on (or about) 9/11. I had my say in 2001 (mirror here). I hate the entire maudlin retrospective “event” each year: The roll call of lost colleagues and friends; the tragedy porn that the media rolls out; I especially detest the terror tourism down at the WTC site. But…Read More
September 12, 2009 It has been two pensive days. Somehow the words won’t come. Difficult for me since I write 100 times a year. I sit staring at the keyboard. No words. Everyone is/was so busy with 9/11. Public moments of silence, ceremonies, TV filled with remembrances, talk shows, websites, commentaries, footage of planes and…Read More
Doug Casey is chairman of Casey Research, and is a best selling author, international investor, and entrepreneur. He travels the world looking for exceptional opportunities in real estate and undervalued companies in the natural resource sector (precious metals, oil and gas and more). The author of four best selling books, his Crisis Investing was #1…Read More
Yesterday, we looked at the costs of various one time events versus the bailouts. It took one year of bailouts to rack up the debt totals of 206 years of war, westward expansion, space exploration, etc. The chart we created omitted numerous conflicts (WWs, the Civil War, etc.) and I was curious as to actual…Read More