Pentagon Looks for ‘Killer Switch’

Imagine if the F-35 Joint Strike Fighter could be effectively shut down by a foreign adversary with the flip of a switch? That’s, in part, the the concern behind the Defense Advanced Research Project Agency’s Trust in Integrated Circuits program, reports IEEE Spectrum, in a fascinating article that explores the underbelly of national security and globalization:

Liteswit Last September, Israeli jets bombed a suspected nuclear installation in northeastern Syria. Among the many mysteries still surrounding that strike was the failure of a Syrian radar—supposedly state-of-the-art—to warn the Syrian military of the incoming assault. It wasn’t long before military and technology bloggers concluded that this was an incident of electronic warfare—and not just any kind.

Post after post speculated that the commercial off-the-shelf microprocessors in the Syrian radar might have been purposely fabricated with a hidden “backdoor” inside. By sending a preprogrammed code to those chips, an unknown antagonist had disrupted the chips’ function and temporarily blocked the radar.

That same basic scenario is cropping up more frequently lately, and not just in the Middle East, where conspiracy theories abound. According to a U.S. defense contractor who spoke on condition of anonymity, a “European chip maker” recently built into its microprocessors a kill switch that could be accessed remotely. French defense contractors have used the chips in military equipment, the contractor told IEEE Spectrum. If in the future the equipment fell into hostile hands, “the French wanted a way to disable that circuit,” he said. Spectrum could not confirm this account independently, but spirited discussion about it among researchers and another defense contractor last summer at a military research conference reveals a lot about the fever dreams plaguing the U.S. Department of Defense (DOD).

At the heart of these concerns is something called a “kill switch”:

Read morePentagon Looks for ‘Killer Switch’

In Lies We Trust: The CIA, Hollywood and Bioterrorism – Official Release

This feature length documentary about medical madness, cloaked in bioterrorism preparedness, will awaken the brain dead. It exposes health officials, directed by the Central Intelligence Agency (CIA), for conducting a “War of Terror” that is killing millions of unwitting Americans. This urgent life-saving DVD comes without copyright restrictions. Every viewer is encouraged to reproduce and distribute copies to others. Donations to Tetrahedron Films to cover costs and produce more films like this are greatly appreciated online at http://www.inlieswetrust.com or by calling toll free 1-888-508-4787. You can screen the film on behalf of local charities. It was produced by award-winning humanitarian, Dr. Leonard G. Horowitz (http://www.DrLenHorowitz.com), a world-renowned authority in public health education, covert intelligence agency operations, and emerging diseases investigations. He is the author of three American bestsellers, including Emerging Viruses: AIDS & Ebola—Nature, Accident or Intentional? and Healing Codes for the Biological Apocalypse. (Tetrahedron Press; 1-888-508-4787) This monumental film exposes the agents and agencies behind: Hollywood films and the media creating a profitable culture of bioterror; the “War on Terrorism” used to control populations; the most lucrative war in history—the “War on Cancer;” the onslaught of dozens of new immunological diseases and deadly flus; the “War on AIDS” triggered by contaminated vaccines; the anthrax mailings resulting in restricted freedoms, and sales of toxic drugs, deadly vaccines, and more. Documents displayed in film may be viewed online at http://inlieswetrust.com For over 400 of the top Critically important videos see http://netctr.com/media — Much more at the site. Wake up, get involved, Save the Republic – Your kids, grand kids and your life will depend on what you do from now on.

Source: video.google

Federal Reserve may Want Inflation

We are now importing inflation. This does not only apply to the cost of commodities, such as oil, but also to consumer goods imported from Asia. This is a newer trend as, in our analysis, Asia had been exporting deflation until the summer of 2006; since then, we have seen increased pricing power by Asian exporters.

Inflation is not just a U.S. phenomenon; as Asian economies are far more dependent on agricultural and industrial commodities, rising inflation may become a serious concern in the region. The stronger and more prudent Asian central banks may realize that allowing their currencies to float higher versus the U.S. dollar may be the most effective way to combat inflationary pressures.

Read moreFederal Reserve may Want Inflation

Iran dumps U.S. dollars in oil transactions

TEHRAN – Iran had totally removed U.S. dollars in the country’s oil transactions, an Oil Ministry official said on Wednesday.

“The dollar has completely been removed from our oil trade….Crude oil customers have agreed with us to use other currencies (in the trade),” Oil Ministry official Hojjatollah Ghanimifard was quoted as saying by the state television.

“We make our transactions with euros in Europe, but yen in Asia,” he added.

Due to the tensions with Washington in the past years over the nuclear disputes and the latest depreciation of dollars, Iran has vowed to decrease the greenback in its foreign trade. Iran central bank also has reduced dollars in the country’s foreign reserves. In last November’s summit of the Organization of Petroleum Exporting Countries (OPEC) in Saudi Arabia, Iran proposed that it was necessary to replace the U.S. dollar with other major hard currencies in oil trading.

(In the past such actions were enough for the U.S. to start a war. – The Infinite Unknown)

Read moreIran dumps U.S. dollars in oil transactions

FDA report shows problems at Merck vaccine plant

Federal inspectors documented unwanted “fibers” on the stoppers of vaccine vials at Merck & Co. Inc.’s vast vaccine plant in Montgomery County.

They also found instances of contaminated children’s vaccines and complaints that were not always investigated at the West Point plant.

Inspectors from the U.S. Food and Drug Administration spent 30 days at the plant between November and January and cited 49 areas of concern, including a failure to follow good manufacturing practices.

The findings are detailed in an unpublished 21-page FDA report obtained by The Inquirer under the federal Freedom of Information Act.

Independent experts who reviewed the report say it documents serious concerns in one of the country’s premier vaccine plants. They suggested the problems could be a symptom of Merck’s cost cutting in the face of rapid growth of its vaccine business.

Read moreFDA report shows problems at Merck vaccine plant

Rockefellers urge action on climate change

One of America’s most powerful families will call tomorrow for a sweeping shake-up at the top of ExxonMobil, the world’s largest company.

A group of descendants of John D. Rockefeller, who founded Exxon’s predecessor Standard Oil in 1870, will begin a campaign to split the role of chief executive and chairman of the board at the oil and gas group, a role held by Rex Tillerson.

Last night the family group issued a statement saying that the company’s leadership was “failing to address the future of energy and related industry hurdles”.
It said that representatives would make an announcement in New York to explain “that a majority of the family is now so concerned about the direction of ExxonMobil Corporation that it is urging a major change”.

Exxon, which earned $40 billion (£20 billion) last year, when Mr Tillerson was paid $21.7 million, was the slowest of the big oil majors to acknowledge climate change. The family is calling for an independent chairman and a bigger leadership role for the directors. The campaign comes as big oil companies face mounting pressure to deal with public concern over global warming.

Read moreRockefellers urge action on climate change

U.S. risks stagflation, says BIS chief

BASEL, Switzerland, April 29 (Reuters) – Stagflation is an increasingly plausible prospect in the United States and weak economic growth could last well into 2009, if not longer, the head of the Bank for International Settlements says.

That does not herald a rerun of the economic stagnation and rampant inflation that ran riot during the 1970s when oil prices last soared to unprecedented levels, Malcolm Knight, BIS general manager, said in an interview.

But it does cast some doubt on the White House’s thesis that the economy will rebound in the second half of 2008 in response to the tens of billions of dollars of tax rebates the government will be delivering to U.S. households in the coming weeks.

“I see a certain amount of scope for stagflation in a number of economies and that usually tends to result in subpar economic growth performance for an extended period of time, which could go well into 2009 or even longer,” said Knight, a Canadian who worked for more than 20 years at the International Monetary Fund.

“I think the U.S. economy is likely to experience weakness this year and in much of 2009,” said Knight, speaking to Reuters at BIS headquarters in Basel, Switzerland.

“Stagflation is a definite risk.”

Read moreU.S. risks stagflation, says BIS chief

Washington to keep supplying arms to Taiwan

Washington will continue to back Taiwan militarily while it pushes for peace talks with China, the de facto US envoy here assured incoming president Ma Ying-jeou Tuesday.

Stephen Young, director of the American Institute in Taiwan (AIT), said the United States would continue to supply weapons to Taipei.

“We also expect our traditional close security cooperation to continue, as we are convinced American support for Taiwan’s defence gives its democratic leaders the confidence to explore closer ties with its big neighbour without fear of pressure or coercion,” he said in an address to the American Chamber of Commerce (Amcham) here.

Taiwan has been governed separately since the end of a 1949 civil war, but Beijing has repeatedly threatened to invade should the island declare formal independence, and has targeted it with more than 1,000 ballistic missiles.

Washington has been the island’s leading arms supplier, despite switching diplomatic recognition from Taipei to Beijing in 1979.

But Taipei-Washington ties were frustrated by cross-strait tensions under the outgoing pro-independence government and Ma, of the Beijing-friendly Kuomintang, has vowed to improve relations.

Young also hailed the unprecedented contacts between the island and China earlier this month.

“We applaud both sides of the Strait for facilitating vice president-elect Vincent Siew’s recent participation in the Boao Forum, during which he held a highly symbolic meeting with People’s Republic of China President Hu Jintao,” Young said.

Tuesday April 29, 2008

Source: AFP

Bank bail-outs to be kept secret

The Bank of England has imposed a permanent news blackout on its £50bn-plus plan to ease the credit crunch.

Ferocious and unprecedented secrecy means taxpayers will never know the names of the banks that have been supported through the special liquidity scheme, which was unveiled by Bank Governor Mervyn King last week.

Requests under the Freedom of Information Act are to be denied. Details will be kept secret even after 30 years – the period after which all but the most sensitive state documents are released.

Any Bank of England employee leaking the names of institutions involved will face court action for breach of contract.

Even a figure for the overall amount advanced will not be published until October. Meanwhile the Bank is expected to issue at least £50bn of Treasury bills to banks in exchange for their mortgages – entirely in secret.

Read moreBank bail-outs to be kept secret