BareNakedIslam: "More sinister than Stuxnet, Flame computer virus strikes Iran and other enemies of Israel"
Stuxnet has an even more ominous successor. Iranian security experts report a virus far more dangerous than the Stuxnet worm has struck the country’s computer systems. Dubbed the “Flame,” the virus is one that has struck not only Iran, however, but a number of other enemies of Israel as well. The country with the largest number of machines infected by Flame is believed to be Iran, following by the West Bank, and Sudan and Syria after that. Lebanon, Saudi Arabia, and Egypt have also been affected. (...) >>>
May 29, 2012
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Tuesday, May 29, 2012
Friday, May 25, 2012
"The Dystopia of Paradise": there's life after pomo
But it does take a country that is living with evil, on the edge of destruction, every day. So for now, don't hold your breath for the West to find out -
Caroline Glick: "Post-Zionism is so 1990s"
You can learn a lot about a nation's health by watching how it celebrates its national holidays. In Israel's case, compare how we celebrated our 50th Independence Day in 1998 to what celebrations involve today. During the 1990s, Israel's elite took a vacation from reality and history and they brought much of the public with them. Then-foreign minister Shimon Peres said that history was overrated. The so-called "New Historians," who rummaged through David Ben-Gurion's closet looking for skeletons, were the toast of the academic world. Radicals like Yossi Beilin, Shulamit Aloni and Avrum Burg were dictating government policy. The media, the entertainment establishment, and the Education Ministry embraced and massively promoted plays, movies, television shows, songs, dances, art and books that "slayed sacred cows." Everywhere you turned, post-Zionism was in. Post-Judaism was in. And Zionism and Judaism were both decidedly out. (...) >>>
May 25, 2012
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Caroline Glick: "Post-Zionism is so 1990s"
You can learn a lot about a nation's health by watching how it celebrates its national holidays. In Israel's case, compare how we celebrated our 50th Independence Day in 1998 to what celebrations involve today. During the 1990s, Israel's elite took a vacation from reality and history and they brought much of the public with them. Then-foreign minister Shimon Peres said that history was overrated. The so-called "New Historians," who rummaged through David Ben-Gurion's closet looking for skeletons, were the toast of the academic world. Radicals like Yossi Beilin, Shulamit Aloni and Avrum Burg were dictating government policy. The media, the entertainment establishment, and the Education Ministry embraced and massively promoted plays, movies, television shows, songs, dances, art and books that "slayed sacred cows." Everywhere you turned, post-Zionism was in. Post-Judaism was in. And Zionism and Judaism were both decidedly out. (...) >>>
May 25, 2012
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Friday, May 18, 2012
Obama's Radical Connections: the vetting continues
Update Apparently Dystel's partner, Miriam Goderich, says the whole Obama-born-in-Kenya thing was a fact-checking mistake by her. Not likely, says character witness -
Breitbart: "THE VETTING - EXCLUSIVE - OBAMA'S LITERARY AGENT IN 1991 BOOKLET: 'BORN IN KENYA AND RAISED IN INDONESIA AND HAWAII'
Note from Senior Management:
Andrew Breitbart was never a "Birther," and Breitbart News is a site that has never advocated the narrative of "Birtherism." In fact, Andrew believed, as we do, that President Barack Obama was born in Honolulu, Hawaii, on August 4, 1961.
Yet Andrew also believed that the complicit mainstream media had refused to examine President Obama's ideological past, or the carefully crafted persona he and his advisers had constructed for him.
It is for that reason that we launched "The Vetting," an ongoing series in which we explore the ideological background of President Obama (and other presidential candidates)--not to re-litigate 2008, but because ideas and actions have consequences.
It is also in that spirit that we discovered, and now present, the booklet described below--one that includes a marketing pitch for a forthcoming book by a then-young, otherwise unknown former president of the Harvard Law Review. It is evidence--not of the President's foreign origin, but that Barack Obama's public persona has perhaps been presented differently at different times.
The booklet, which was distributed to "business colleagues" in the publishing industry, includes a brief biography of Obama among the biographies of eighty-nine other authors represented by Acton & Dystel.
It also promotes Obama's anticipated first book, Journeys in Black and White--which Obama abandoned, later publishing Dreams from My Father instead. (...) >>>
May 18, 2012
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Note from Senior Management:
Andrew Breitbart was never a "Birther," and Breitbart News is a site that has never advocated the narrative of "Birtherism." In fact, Andrew believed, as we do, that President Barack Obama was born in Honolulu, Hawaii, on August 4, 1961.
Yet Andrew also believed that the complicit mainstream media had refused to examine President Obama's ideological past, or the carefully crafted persona he and his advisers had constructed for him.
It is for that reason that we launched "The Vetting," an ongoing series in which we explore the ideological background of President Obama (and other presidential candidates)--not to re-litigate 2008, but because ideas and actions have consequences.
It is also in that spirit that we discovered, and now present, the booklet described below--one that includes a marketing pitch for a forthcoming book by a then-young, otherwise unknown former president of the Harvard Law Review. It is evidence--not of the President's foreign origin, but that Barack Obama's public persona has perhaps been presented differently at different times.
***
Breitbart News has obtained a promotional booklet produced in 1991 by Barack Obama's then-literary agency, Acton & Dystel, which touts Obama as "born in Kenya and raised in Indonesia and Hawaii." The booklet, which was distributed to "business colleagues" in the publishing industry, includes a brief biography of Obama among the biographies of eighty-nine other authors represented by Acton & Dystel.
It also promotes Obama's anticipated first book, Journeys in Black and White--which Obama abandoned, later publishing Dreams from My Father instead. (...) >>>
May 18, 2012
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Wednesday, May 16, 2012
Freedom isn't Free!: meet the new Warsaw Pact
The Collective Security Treaty Organization (CSTO) is planning to create a large military contingent comprising units and formations of several Central Asian states, the head of the post-Soviet security group said Monday. CSTO members – Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan – use the organization as a platform to fight drug trafficking, terrorism, and organized crime, and have pledged to provide immediate military assistance to one another in the event of an attack. The bloc has a Collective Rapid Reaction Force deployed in Central Asia, and is continuing to build up its military forces. (...) >>>
May 16, 2012
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Tuesday, May 15, 2012
In Defense of Liberty: Steyn's foreword to Wilders' book
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| - Artwork by Bosch Fawstein - |
When I was asked to write a foreword to Geert Wilders’ new book, my first reaction, to be honest, was to pass. Mr. Wilders lives under 24/7 armed guard because significant numbers of motivated people wish to kill him, and it seemed to me, as someone who’s attracted more than enough homicidal attention over the years, that sharing space in these pages was likely to lead to an uptick in my own death threats. Who needs it? Why not just plead too crowded a schedule and suggest the author try elsewhere? I would imagine Geert Wilders gets quite a lot of this. And then I took a stroll in the woods, and felt vaguely ashamed at the ease with which I was willing to hand a small victory to his enemies. (...) >>>
May 15, 2012
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Saturday, May 5, 2012
Money & Economy: it's the deteriorating asset base, stupid!
Zerohedge: "Everything You Know About Monetary Policy Is Wrong... And Why This Is Very Bad News For Europe"
For over a year we have been cautioning that even more than a "liquidity versus solvency" debate, the biggest unspoken factor (though slowly gaining prominence) not only for Europe, although manifesting itself there most prominently, but all across the developed world is the quality of the (deteriorating) asset base, thanks mostly due to the Fed's influence over corporate cash misallocation, and courtesy of the fact that the bulk of credit money creation in the past decade has come via the shadow banking system, broad asset collateral. Last year MF Global taught us that it is this shadow collateral which exists merely in ledger entries between fractional reserve entities (mostly broker dealers and hedge funds), that is now extremely scarce and has to be pledged and repledged in daisy chains of ultra rehypothecation, and which just like robosigning exists until it is actually called for delivery, when the entire collateral<->money linkage falls apart. It is this intersection of traditional monetary liabilities and new shadow aggregates that is completely undiscussed by conventional economic literature, and is why traditional monetary theory is completely helpless in coming up with credible and effective means of returning the world to a growth state. In other words, the Krugmans of the world are absolutely unable to explain how shadow banking should be accounted for when explaining something as simple as the leverage collapse, first in Europe, and then in the US (we have covered the collapse of shadow banking repeatedly, most recently here). (...) >>>
May 5, 2012
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For over a year we have been cautioning that even more than a "liquidity versus solvency" debate, the biggest unspoken factor (though slowly gaining prominence) not only for Europe, although manifesting itself there most prominently, but all across the developed world is the quality of the (deteriorating) asset base, thanks mostly due to the Fed's influence over corporate cash misallocation, and courtesy of the fact that the bulk of credit money creation in the past decade has come via the shadow banking system, broad asset collateral. Last year MF Global taught us that it is this shadow collateral which exists merely in ledger entries between fractional reserve entities (mostly broker dealers and hedge funds), that is now extremely scarce and has to be pledged and repledged in daisy chains of ultra rehypothecation, and which just like robosigning exists until it is actually called for delivery, when the entire collateral<->money linkage falls apart. It is this intersection of traditional monetary liabilities and new shadow aggregates that is completely undiscussed by conventional economic literature, and is why traditional monetary theory is completely helpless in coming up with credible and effective means of returning the world to a growth state. In other words, the Krugmans of the world are absolutely unable to explain how shadow banking should be accounted for when explaining something as simple as the leverage collapse, first in Europe, and then in the US (we have covered the collapse of shadow banking repeatedly, most recently here). (...) >>>
May 5, 2012
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Tuesday, May 1, 2012
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