Posted by: quiscus | February 6, 2012

February 6, 2012

1. Good:

“How an Israeli Strike on Iran could radically weaken Israel

10. Over succeeding years, significant Israeli out-migration could occur by Israelis with sufficient education and training to find jobs elsewhere, who became convinced that the Middle East will just never settle down and be a pleasant environment for them. This development would strengthen the internal position of the Palestinian-Israelis and possibly of the Haredim (who are probably more committed to staying and toughing it out), and weaken the Ashkenazi secular elite. Ironically, Barak has admitted that some of the impetus for preventing a nuclear Iran is to forestall this out-migration scenario, but he doesn’t seem to realize that a strike on Iran could actually have a similar demographic outcome if the region doesn’t take it lying down.

It seems obvious to me that if all these developments actually occurred,they would be much worse for Israel than if Iran actually did start a weapons program and Iran and Israel replicated on a regional scale the MAD US-Soviet standoff of an earlier era.”


“There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as the final and total catastrophe of the currency involved.” – Ludwig von Mises

The unemployment rate during the Great Depression reached 25%. Without the BLS “adjustments” the real unemployment rate in this country is 23%. Cheerleading and packaging the data in a way to mislead the public does not change the facts:

There are 242 million working age Americans. Only 142 million Americans are working. For the math challenged, such as CNBC analysts, that means 100 million working age Americans (41.5%) are not working. But don’t worry, the BLS says the unemployment rate is only 8.3%. Things are going so swimmingly well in this country the other 33.2% are kicking back enjoying the good life.

The labor force participation rate and employment to population ratio are at 30 year lows. The number of Americans supposedly not in the labor force is at an all-time record of 87.9 million. A corporate MSM pundit like Steve Liesman would explain this away as the Baby Boomers beginning to retire. Great storyline, but the facts prove that old timers are so desperate for cash they have dramatically increased their participation in the labor market.”

3. “Romancing the Drone…

Military renaming and rebranding

Anyone with even a passing interest in the military soon discovers the peculiar phenomenon of ‘military speak’, in which a spade can never quite be called a spade.

Bombs and bullets are called ’ordnance consumables’, a missile strike or bombing raid is known as a ‘kinetic event’, and despite its offensive purpose, the industry and its business must always be described as ‘defence’. Military speak is essentially about maintaining a psychological distance between the day-to-day sanitized business of planning, preparing (and profiting) from armed conflicts and the awful brutal reality of warfare.

The same coyness over language applies of course to drones. Over the past few years I‘ve lost count of the number of times I been told not to call drones ‘drones’. The current preferred term in the military is ‘Remotely Piloted Air System’ (RPAS) after they rejected ‘Unmanned Aerial Vehicle’ (UAV) as being ‘off message’ (“such a generic term can be unhelpful, particularly when working with an uninformed audience” said the MoD last year). ”


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