Showing posts with label US. Show all posts
Showing posts with label US. Show all posts

Friday, October 14, 2016

Russian TV - War Footing



But I suppose Donald Trump is a bigger issue than war with Russia or deterioriating relations between the US and Russia.  Between Iran and US.  Between the US and ... practically everyone.




October 10, 2016 — 7:19 AM PDT Updated on October 11, 2016 — 8:15 AM PDT 

Russian state television is back on a war footing.

This time, the ramped-up rhetoric follows the collapse of cease-fire efforts in Syria. As the U.S. and Russia accused each other of sinking diplomacy, Moscow increased its military presence in the Mediterranean and Baltic regions, and suspended a nuclear non-proliferation treaty. A prime-time news program warned that the U.S. wants to provoke a conflict.

The sudden escalation puts the relationship back into the deep freeze it was in at the peak of the crisis over Ukraine in 2014, which also sparked a wave of hostility in state media. That anti-U.S. campaign ended as the Kremlin sought to ease Western punitive measures imposed over the Ukrainian crisis -- hopes that now seem to be in tatters.

“Offensive behavior toward Russia has a nuclear dimension,” Russian state TV presenter Dmitry Kiselyov said in his “Vesti Nedelyi” program on Sunday. “Moscow would react with nerves of iron to a Plan B,” he said, referring to any possible U.S. military strike in Syria.

The Kremlin’s control over Russian media has in part helped keep President Vladimir Putin’s approval rating above 80 percent during the country’s longest recession in two decades and portrayed military deployments in Crimea and Syria as victories against western encroachment.

Sanction Threat
The rise in tensions could lead to new sanctions against the Kremlin, which some members of German Chancellor Angela Merkel’s party have sought to penalize over Syria. It risks blowing off course efforts to resolve the conflict in Ukraine, which provoked the worst standoff since the Cold War after Putin annexed Crimea and backed pro-Russian rebels in eastern Ukraine.

Following the collapse of months of diplomacy, Russia is pursuing an air campaign in Syria to bolster its ally, President Bashar al-Assad, against U.S.-backed rebels and establishing permanent bases there. The Obama administration suggested that Russian actions in Syria could amount to war crimes and blamed Russia for cyber attacks aimed at disrupting the U.S. election.

The result will be the “ossification of U.S.-Russian relations at an abysmally low level,” said Cliff Kupchan, chairman of the Eurasia Group, a New York-based risk consultancy. “Deep mistrust of Putin will now be structural and unanimous among U.S. policy makers.”

Hollande, Merkel
In a signal of the renewed rupture, Putin canceled a planned trip to France next week after his French counterpart Francois Hollande refused to appear alongside him at a ceremony to inaugurate a Russian religious center in Paris. Hollande said he was only willing to meet Putin to discuss Syria amid French calls for a halt to the bombing of the city of Aleppo, where a quarter of a million civilians are trapped. “It will be to Russia’s shame if there isn’t a stop to the killings in Aleppo,” Hollande said.

There is a possibility that Putin will meet the leaders of Germany, France and Ukraine in Berlin the same day as the planned French trip for “Normandy format” talks, Kremlin foreign-policy aide Yuri Ushakov suggested Monday in Istanbul. These talks are aimed at solving the military conflict in eastern Ukraine, where Russia supports separatists fighting the government.

Bombs, Missiles

Over the past week, Russia stepped up its confrontation with the U.S. over its bombing in Aleppo, where it says it is fighting terrorists. Russia on Oct. 8 vetoed a French-proposed United Nations Security Council resolution demanding an end to air attacks on the northern city.

Russia deployed the S-300 anti-aircraft missile system to Syria and reinforced its presence by sending three missile ships to the Mediterranean. It confirmed Western media reports it’s stationed Iskander missiles in the Kaliningrad exclave sandwiched between NATO members Poland and Lithuania. Poland’s defense minister said the action caused the “highest concern.”

“The world has got to a dangerous phase,” former Soviet leader Mikhail Gorbachev said in an interview with state news service RIA Novosti on Monday.

‘Dangerous Games’

Both the Iskander and the Kaliber missiles carried by these ships can be fitted with nuclear warheads, Kiselyov said in his program. The presenter is known for making provocative statements critical of the U.S. He bragged in 2014 that Russia is the only country capable of turning the U.S. to radioactive dust.

After a strike by the U.S.-led coalition on a Syrian army base last month that the Pentagon said was a mistake killed dozens of soldiers, Russia’s Defense Ministry said it won’t allow a repetition. Foreign Minister Sergei Lavrov in an interview with state-run Channel One broadcast Sunday said Russian defenses can protect the Syrian army from any U.S. attack and warned the American military to desist from “dangerous games.”

Alexei Pushkov, a senator who headed the lower house of parliament’s foreign affairs committee until recently, in a Twitter post raised the specter of a confrontation like the 1962 Cuban missile crisis, which brought the U.S. and Soviet Union to the brink of nuclear war.

Russia won’t back down, said Konstantin Kosachyov, head of the foreign affairs committee in the upper house of parliament. The risk of military clashes between the U.S.-led coalition and Russian military in Syria “is rising every day,” he said.

For Putin, the only strategy is to raise the bet, said Eurasia’s Kupchan. “He’s masterfully playing a weak hand to the detriment of U.S. security and economic interests,” he said.

(A previous version of this story was corrected to fix the Eurasia Group chairman’s first name.)

Nuclear War is Imminent (say the Russians)

Nuclear war 'IMMINENT' as Russia tells citizens to find out where the closest bunkers are

NUCLEAR war could be imminent as Russia told its citizens to urgently prepare for a devastating radioactive conflict as relations with the West stoop to their lowest since the Cold War.

 

A terrifying Russian television broadcast explicitly told civilians to find out where their nearest bomb shelter is and repeatedly asked viewers if they were ready for nuclear war.

One apocalyptic broadcast told viewers on Moscow's state-owned TV channel NTV: "If it should one day happen, every one of you should know where the nearest bomb shelter is. It’s best to find out now."

 

Friday, August 3, 2012

The End of Civilization?



Money Morning

By Terry Weiss, Money Morning

Richard Duncan, formerly of the World Bank and chief economist at Blackhorse Asset Mgmt., says America's $16 trillion federal debt has escalated into a "death spiral, "as he told CNBC.

And it could result in a depression so severe that he doesn't "think our civilization could survive it."

And Duncan is not alone in warning that the U.S. economy may go into a "death spiral."

Since the recession, noted economists including Laurence Kotlikoff, a former member of President Reagan's Council of Economic Advisers, have come to similar conclusions.

Kotlikoff estimates the true fiscal gap is $211 trillion when unfunded entitlements like Social Security and Medicare are included.

However, while the debt crisis numbers are well known to most Americans, the economy hasn't suffered a major correction for almost 4 years.

So the questions remain: Is the threat of collapse for real? And if so, when?

A team of scientists, economists, and geopolitical analysts believes they have proof that the threat is indeed real - and the danger imminent.

One member of this team, Chris Martenson, a pathologist and former VP of a Fortune 300 company, explains their findings:

"We found an identical pattern in our debt, total credit market, and money supply that guarantees they're going to fail. This pattern is nearly the same as in any pyramid scheme, one that escalates exponentially fast before it collapses. Governments around the globe are chiefly responsible.

"And what's really disturbing about these findings is that the pattern isn't limited to our economy. We found the same catastrophic pattern in our energy, food, and water systems as well."

According to Martenson: "These systems could all implode at the same time. Food, water, energy, money. Everything."

Another member of this team, Keith Fitz-Gerald, the president of The Fitz-Gerald Group, went on to explain their discoveries.

"What this pattern represents is a dangerous countdown clock that's quickly approaching zero. And when it does, the resulting chaos is going to crush Americans," Fitz-Gerald says.

Dr. Kent Moors, an adviser to 16 world governments on energy issues as well as a member of two U.S. State Department task forces on energy also voiced concerns over what he and his colleagues uncovered.

"Most frightening of all is how this exact same pattern keeps appearing in virtually every system critical to our society and way of life," Dr. Moors stated.

"It's a pattern that's hard to see unless you understand the way a catastrophe like this gains traction," Dr. Moors says. "At first, it's almost impossible to perceive. Everything looks fine, just like in every pyramid scheme. Yet the insidious growth of the virus keeps doubling in size, over and over again - in shorter and shorter periods of time - until it hits unsustainable levels. And it collapses the system."

Martenson points to the U.S. total credit market debt as an example of this unnerving pattern.

"For 30 years - from the 1940s through the 1970s - our total credit market debt was moderate and entirely reasonable," he says. "But then in seven years, from 1970 to 1977, it quickly doubled. And then it doubled again in seven more years. Then five years to double a third time. And then it doubled two more times after that.

"Where we were sitting at a total credit market debt that was 158% larger than our GDP in the early 1940s... By 2011 that figure was 357%."

Dr. Moors warns this type of unsustainable road to collapse can be seen today in our energy, food and water production. All are tightly connected and contributing to the economic disaster that lies directly ahead.

According to polls, the average American is sensing danger. A recent survey found that 61% of Americans believe a catastrophe is looming - yet only 15% feel prepared for such a deeply troubling event.

Fitz-Gerald says people should take steps to protect themselves from what is happening. "The amount of risky financial derivatives floating around the globe is as much as 20 times size of the entire GDP of the world," he says. "It's unsustainable and impossible to unwind in any kind of orderly way."

Moreover, he adds: "People can also forget that the FDIC can only cover a fraction of US bank deposits. It's a false sense of security. Just like state pensions, which could be suspended at any time. A collapse could wipe out these programs. Entitlements like Social Security and Medicare are already bankrupt and simply being propped up."

We can see the strain on society already.

In two years, Congress won't have any money for transportation, reports the Washington Post. Cities like Trenton, NJ have layed off one-third of their police force due to budget cuts. And other cities like Colorado Springs, CO removed one-third of streetlights, trashcans, and bus routes, reports CNN.

Fitz-Gerald also warns of a period of devastating inflation. A recent survey, reports USA Today, notes that in the coming years it could take $150,000 a year in household income for a family to afford basic living expenses - and maybe go out to a movie.

Right now, in fact, "52% of Americans feel they barely have enough to afford the basics."

"If our research is right," says Fitz-Gerald, "Americans will have to make some tough choices on how they'll go about surviving when basic necessities become nearly unaffordable and the economy becomes dangerously unstable."

"People need to begin to make preparations with their investments, retirement savings, and personal finances before it's too late," says Fitz-Gerald.


Monday, February 20, 2012

The Macro Viewpoint: US against the World

China's economy is pulling away, soon to over take the world, India will follow, and in 3rd place the US.  Even 3rd place isn't for sure, the EU may yet pull out of the downward spiral and pull even with the US.  Russia could pull a comeback from behind and be a 5th place pulling into 4th with its massive energy resources.

A fragmented United States - politically and economically, make it less likely the US will mount a serious challenge to even the EU.  As our economic might wanes, we lose the resources to fund a military and inevitable cuts to the military will occur leaving us tied for 1st or even in 2nd place.

All that may well be the dreams others have, their wish-list you might say, of what the world could look like.

And then there is the reality - it ain't so.

India with a dalit population of over 140,000,000 people, and another 100,000,000 million who are in backward or destitute castes, and that doesn't count the poorer castes who are not counted as backward or others.  The number is probably closer to 300 million.  A population the size the United States.  India does not have the infrastructure nor the apparatus to handle these numbers nor to raise any of them up.  A permanent 300 million under class in a country that services the US and Europe. 

India's climb up, is an allusion.  The idea of paying for oil with gold is a silly proposition  by silly people.  Imagine a train with the gold on it to pay for oil shipments!  And it will pass through ... Pakistan. 

China - a country with a population about the same, 300 million in poverty, with no hope of ever climbing out.  A country where the government tells the world what its growth rate is.  Their per capita will never be equal to the average American's income.  Never.  Their growth is in part built on another illusion - national productivity.  Parts of the Chinese state are productive, but the majority of it is not.  Their economy will falter, perhaps already has, but we won't know about it for at least a year or two. 

On paper China looks imposing, but it is only a paper tiger.

The EU - it is closer collapse than to barely treading water.  Signing on to that sinking ship has perils I doubt everyone is aware.  Europeans are not reproducing themselves.  Their overall population growth is below 1.8 and in 20 years their governments and systems will cease to exist as we know them.  In 10 years the euro will not exist and or not in its current form, its value will be minimal, and the European economy will be, as always, sluggish at best.

Russia - they produce nothing.  Their population makes nothing.  Their per capita is among the lowest in an industrialized state.  Their population are either leaving Russia, drunk, unemployed, or have ceased having children.  They have oil and gas - and when those resources are less needed, or they use up sizable quantities - Russia will descend back into the dark ages.

Africa will not, for several decades, even look like it could climb out of the hand basket.  Africa is closer to descending into the abyss of hell than it is to aspiring to a 3rd world status.

The United States - our economy is not as bad as those of the other countries.  Our population growth is moderate.  Our political will is linked to the current administration and with a new administration, we will again see a light and rise again to engage the world.  What we lack at this moment is the political will to fight, and that can be changed.

The prescription for the rest of the world is not so easy - easy to offer or to remedy.

















the world

Friday, February 10, 2012

Why the World Needs the United States






FEBRUARY 11, 2012





History shows that world orders, including our own, are transient. They rise and fall, and the institutions they erect, the beliefs and "norms" that guide them, the economic systems they support—they rise and fall, too. The downfall of the Roman Empire brought an end not just to Roman rule but to Roman government and law and to an entire economic system stretching from Northern Europe to North Africa. Culture, the arts, even progress in science and technology, were set back for centuries.

Modern history has followed a similar pattern. After the Napoleonic Wars of the early 19th century, British control of the seas and the balance of great powers on the European continent provided relative security and stability. Prosperity grew, personal freedoms expanded, and the world was knit more closely together by revolutions in commerce and communication.

With the outbreak of World War I, the age of settled peace and advancing liberalism—of European civilization approaching its pinnacle—collapsed into an age of hyper-nationalism, despotism and economic calamity. The once-promising spread of democracy and liberalism halted and then reversed course, leaving a handful of outnumbered and besieged democracies living nervously in the shadow of fascist and totalitarian neighbors. The collapse of the British and European orders in the 20th century did not produce a new dark age—though if Nazi Germany and imperial Japan had prevailed, it might have—but the horrific conflict that it produced was, in its own way, just as devastating.

If the U.S. is unable to maintain its hegemony on the high seas, would other nations fill in the gaps? On board the USS Germantown in the South China Sea, Tuesday.

Would the end of the present American-dominated order have less dire consequences? A surprising number of American intellectuals, politicians and policy makers greet the prospect with equanimity. There is a general sense that the end of the era of American pre-eminence, if and when it comes, need not mean the end of the present international order, with its widespread freedom, unprecedented global prosperity (even amid the current economic crisis) and absence of war among the great powers.

American power may diminish, the political scientist G. John Ikenberry argues, but "the underlying foundations of the liberal international order will survive and thrive." The commentator Fareed Zakaria believes that even as the balance shifts against the U.S., rising powers like China "will continue to live within the framework of the current international system." And there are elements across the political spectrum—Republicans who call for retrenchment, Democrats who put their faith in international law and institutions—who don't imagine that a "post-American world" would look very different from the American world.

If all of this sounds too good to be true, it is. The present world order was largely shaped by American power and reflects American interests and preferences. If the balance of power shifts in the direction of other nations, the world order will change to suit their interests and preferences. Nor can we assume that all the great powers in a post-American world would agree on the benefits of preserving the present order, or have the capacity to preserve it, even if they wanted to.

Many of us take for granted how the world looks today. But it might look a lot different without America at the top. The Brookings Institution's Robert Kagan talks with Washington bureau chief Jerry Seib about his new book, "The World America Made," and whether a U.S. decline is inevitable.

Take the issue of democracy. For several decades, the balance of power in the world has favored democratic governments. In a genuinely post-American world, the balance would shift toward the great-power autocracies. Both Beijing and Moscow already protect dictators like Syria's Bashar al-Assad. If they gain greater relative influence in the future, we will see fewer democratic transitions and more autocrats hanging on to power. The balance in a new, multipolar world might be more favorable to democracy if some of the rising democracies—Brazil, India, Turkey, South Africa—picked up the slack from a declining U.S. Yet not all of them have the desire or the capacity to do it.

What about the economic order of free markets and free trade? People assume that China and other rising powers that have benefited so much from the present system would have a stake in preserving it. They wouldn't kill the goose that lays the golden eggs.

A Romney Adviser Read by Democrats

Robert Kagan's new book, "The World America Made," is finding an eager readership in the nation's capital, among prominent members of both political parties.

Around the time of President Barack Obama's Jan. 24 State of the Union Address, Washington was abuzz with reports that the president had discussed a portion of the book with a group of news anchors.

Mr. Kagan serves on the Foreign Policy Advisory Board of Secretary of State Hillary Clinton, but more notably, in this election season, he is a foreign policy adviser to the presidential campaign of Mitt Romney.

The president's speech touched upon the debate over whether America is in decline, a central theme of Mr. Kagan's book. "America is back," he declared, referring to a range of recent U.S. actions on the world stage. "Anyone who tells you otherwise, anyone who tells you that America is in decline or that our influence has waned, doesn't know what they're talking about," he continued. "America remains the one indispensable nation in world affairs—and as long as I'm president, I intend to keep it that way."

Says Mr. Kagan: "No president wants to preside over American decline, and it's good to see him repudiate the idea that his policy is built on the idea that American influence must fade."

Unfortunately, they might not be able to help themselves. The creation and survival of a liberal economic order has depended, historically, on great powers that are both willing and able to support open trade and free markets, often with naval power. If a declining America is unable to maintain its long-standing hegemony on the high seas, would other nations take on the burdens and the expense of sustaining navies to fill in the gaps?

Even if they did, would this produce an open global commons—or rising tension? China and India are building bigger navies, but the result so far has been greater competition, not greater security. As Mohan Malik has noted in this newspaper, their "maritime rivalry could spill into the open in a decade or two," when India deploys an aircraft carrier in the Pacific Ocean and China deploys one in the Indian Ocean. The move from American-dominated oceans to collective policing by several great powers could be a recipe for competition and conflict rather than for a liberal economic order.

And do the Chinese really value an open economic system? The Chinese economy soon may become the largest in the world, but it will be far from the richest. Its size is a product of the country's enormous population, but in per capita terms, China remains relatively poor. The U.S., Germany and Japan have a per capita GDP of over $40,000. China's is a little over $4,000, putting it at the same level as Angola, Algeria and Belize. Even if optimistic forecasts are correct, China's per capita GDP by 2030 would still only be half that of the U.S., putting it roughly where Slovenia and Greece are today.

Multipolar systems have historically been neither particularly stable nor particularly peaceful. Nearly a halfmillion combatants died in the Crimean War (depicted in "The Taking of Malakoff" by Horace Vernet, pictured here.)

As Arvind Subramanian and other economists have pointed out, this will make for a historically unique situation. In the past, the largest and most dominant economies in the world have also been the richest. Nations whose peoples are such obvious winners in a relatively unfettered economic system have less temptation to pursue protectionist measures and have more of an incentive to keep the system open.

China's leaders, presiding over a poorer and still developing country, may prove less willing to open their economy. They have already begun closing some sectors to foreign competition and are likely to close others in the future. Even optimists like Mr. Subramanian believe that the liberal economic order will require "some insurance" against a scenario in which "China exercises its dominance by either reversing its previous policies or failing to open areas of the economy that are now highly protected." American economic dominance has been welcomed by much of the world because, like the mobster Hyman Roth in "The Godfather," the U.S. has always made money for its partners. Chinese economic dominance may get a different reception.

Another problem is that China's form of capitalism is heavily dominated by the state, with the ultimate goal of preserving the rule of the Communist Party. Unlike the eras of British and American pre-eminence, when the leading economic powers were dominated largely by private individuals or companies, China's system is more like the mercantilist arrangements of previous centuries. The government amasses wealth in order to secure its continued rule and to pay for armies and navies to compete with other great powers.

Increasing tension and competition saw its climax in World War I (U.S. troops in France, 1918, pictured here).

Although the Chinese have been beneficiaries of an open international economic order, they could end up undermining it simply because, as an autocratic society, their priority is to preserve the state's control of wealth and the power that it brings. They might kill the goose that lays the golden eggs because they can't figure out how to keep both it and themselves alive.

Finally, what about the long peace that has held among the great powers for the better part of six decades? Would it survive in a post-American world?

Most commentators who welcome this scenario imagine that American predominance would be replaced by some kind of multipolar harmony. But multipolar systems have historically been neither particularly stable nor particularly peaceful. Rough parity among powerful nations is a source of uncertainty that leads to miscalculation. Conflicts erupt as a result of fluctuations in the delicate power equation.

War among the great powers was a common, if not constant, occurrence in the long periods of multipolarity from the 16th to the 18th centuries, culminating in the series of enormously destructive Europe-wide wars that followed the French Revolution and ended with Napoleon's defeat in 1815.

The 19th century was notable for two stretches of great-power peace of roughly four decades each, punctuated by major conflicts. The Crimean War (1853-1856) was a mini-world war involving well over a million Russian, French, British and Turkish troops, as well as forces from nine other nations; it produced almost a half-million dead combatants and many more wounded. In the Franco-Prussian War (1870-1871), the two nations together fielded close to two million troops, of whom nearly a half-million were killed or wounded.

The peace that followed these conflicts was characterized by increasing tension and competition, numerous war scares and massive increases in armaments on both land and sea. Its climax was World War I, the most destructive and deadly conflict that mankind had known up to that point. As the political scientist Robert W. Tucker has observed, "Such stability and moderation as the balance brought rested ultimately on the threat or use of force. War remained the essential means for maintaining the balance of power."

There is little reason to believe that a return to multipolarity in the 21st century would bring greater peace and stability than it has in the past. The era of American predominance has shown that there is no better recipe for great-power peace than certainty about who holds the upper hand.

President Bill Clinton left office believing that the key task for America was to "create the world we would like to live in when we are no longer the world's only superpower," to prepare for "a time when we would have to share the stage." It is an eminently sensible-sounding proposal. But can it be done? For particularly in matters of security, the rules and institutions of international order rarely survive the decline of the nations that erected them. They are like scaffolding around a building: They don't hold the building up; the building holds them up.

International order is not an evolution; it is an imposition. It will last only as long as those who favor it retain the will and capacity to defend it.

Many foreign-policy experts see the present international order as the inevitable result of human progress, a combination of advancing science and technology, an increasingly global economy, strengthening international institutions, evolving "norms" of international behavior and the gradual but inevitable triumph of liberal democracy over other forms of government—forces of change that transcend the actions of men and nations.

Americans certainly like to believe that our preferred order survives because it is right and just—not only for us but for everyone. We assume that the triumph of democracy is the triumph of a better idea, and the victory of market capitalism is the victory of a better system, and that both are irreversible. That is why Francis Fukuyama's thesis about "the end of history" was so attractive at the end of the Cold War and retains its appeal even now, after it has been discredited by events. The idea of inevitable evolution means that there is no requirement to impose a decent order. It will merely happen.

But international order is not an evolution; it is an imposition. It is the domination of one vision over others—in America's case, the domination of free-market and democratic principles, together with an international system that supports them. The present order will last only as long as those who favor it and benefit from it retain the will and capacity to defend it.

There was nothing inevitable about the world that was created after World War II. No divine providence or unfolding Hegelian dialectic required the triumph of democracy and capitalism, and there is no guarantee that their success will outlast the powerful nations that have fought for them. Democratic progress and liberal economics have been and can be reversed and undone. The ancient democracies of Greece and the republics of Rome and Venice all fell to more powerful forces or through their own failings. The evolving liberal economic order of Europe collapsed in the 1920s and 1930s. The better idea doesn't have to win just because it is a better idea. It requires great powers to champion it.

If and when American power declines, the institutions and norms that American power has supported will decline, too. Or more likely, if history is a guide, they may collapse altogether as we make a transition to another kind of world order, or to disorder. We may discover then that the U.S. was essential to keeping the present world order together and that the alternative to American power was not peace and harmony but chaos and catastrophe—which is what the world looked like right before the American order came into being.













useless nations

Friday, December 30, 2011

Friday, November 18, 2011

Hackers Attack US Water Supply?




11/18/2011
Washington Post





Foreign hackers caused a pump at an Illinois water plant to fail last week, according to a preliminary state report. Experts said the cyber-attack, if confirmed, would be the first known to have damaged one of the systems that supply Americans with water, electricity and other essentials of modern life.

Companies and government agencies that rely on the Internet have for years been routine targets of hackers, but most incidents have resulted from attempts to steal information or interrupt the functioning of Web sites. The incident in Springfield, Ill., would mark a departure because it apparently caused physical destruction.

Federal officials confirmed that the FBI and the Department of Homeland Security were investigating damage to the water plant but cautioned against concluding that it was necessarily a cyber-attack before all the facts could be learned. “At this time there is no credible corroborated data that indicates a risk to critical infrastructure entities or a threat to public safety,” said DHS spokesman Peter Boogaard.

News of the incident became public after Joe Weiss, an industry security expert, obtained a report dated Nov. 10 and collected by an Illinois state intelligence center that monitors security threats. The original source of the information was unknown and impossible to immediately verify.

The report, which Weiss read to The Washington Post, describes how a series of minor glitches with a water pump gradually escalated to the point where the pump motor was being turned on and off frequently. It soon burned out, according to the report.

The report blamed the damage on the actions of somebody using a computer registered to an Internet address in Russia. “It is believed that hackers had acquired unauthorized access to the software company’s database” and used this information to penetrate the control system for the water pump.

Experts cautioned that it is difficult to trace the origin of a cyber-attack, and that false addresses often are used to confuse investigations. Yet they also agreed that the incident was a major new development in cyber-security.

“This is a big deal,” said Weiss. “It was tracked to Russia. It has been in the system for at least two to three months. It has caused damage. We don’t know how many other utilities are currently compromised.”

Dave Marcus, director of security research for McAfee Labs, said that the computers that control critical systems in the United States are vulnerable to attacks that come through the Internet, and few operators of these systems know how to detect or defeat these threats. “So many are ill-prepared for cyber-attacks,” Marcus said.

The Illinois report said that hackers broke into a software company’s database and retrieved user names and passwords of control systems that run water plant computer equipment. Using that data, they were able to hack into the plant in Illinois, Weiss said.

Senior U.S. officials have recently raised warnings about the risk of destructive cyber-attacks on critical infrastructure. One of the few documented cases of such an attack resulted from a virus, Stuxnet, that caused centrifuges in an Iranian uranium enrichment facility to spin out of control last year. Many computer security experts have speculated that Stuxnet was created by Israel — perhaps with U.S. help — as a way to check Iran’s nuclear program.










cyber

Monday, July 25, 2011

Obama's Trillions







AP
Friday March 18, 2011, 9:22 pm EDT

WASHINGTON (AP) -- A new assessment of President Barack Obama's budget released Friday says the White House underestimates future budget deficits by more than $2 trillion over the upcoming decade.

The estimate from the nonpartisan Congressional Budget Office says that if Obama's February budget submission is enacted into law it would produce deficits totaling $9.5 trillion over 10 years -- an average of almost $1 trillion a year.

Obama's budget saw deficits totaling $7.2 trillion over the same period.

The difference is chiefly because CBO has a less optimistic estimate of how much the government will collect in tax revenues, partly because the administration has rosier economic projections.

But the agency also rejects the administration's claims of more than $300 billion of that savings -- to pay for preventing a cut in Medicare payments to doctors -- because it doesn't specify where it would come from. Likewise, CBO fails to credit the White House with an additional $328 billion that would come from unspecified "bipartisan financing" to pay for transportation infrastructure projects such as high speed rail lines and road and bridge construction.

Friday's report actually predicts the deficit for the current budget year, which ends Sept. 30, won't be as bad as the $1.6 trillion predicted by the administration and will instead register $200 billion less. But 10 years from now, CBO sees a $1.2 trillion deficit that's almost $400 billion above White House projections.

The estimated cost of the new health care law increased by about $90 billion, to $1.13 trillion, from 2012-2021. But the budget office didn't issue a new estimate of the taxes and savings in the legislation that pay for Obama's expansion of health insurance.

CBO had earlier projected the total of those offsets at $1.25 trillion. So the margin by which the new health care law reduces federal deficits appeared to be shrinking.

The White House's goal is to reach a point where the budget is balanced except for interest payments on the $14 trillion national debt. Such "primary balance" occurs when the deficit is about 3 percent of the size of the economy, and economists say deficits of that magnitude are generally sustainable.

But CBO predicts that the deficit never gets below 4 percent of gross domestic product. That means that by the time 2021 arrives, the portion of the debt held by investors and foreign countries will reach a dangerously high 87 percent. And, as a result, interest costs for the government would explode from $214 billion this year to almost $1 trillion by decade's end.

"The President's budget never reaches 'primary balance,' meaning that it fails to clear even the low bar the administration set for itself in justifying its claims of sustainability," said House Budget Committee Chairman Paul Ryan, R-Wis.

White House budget director Jacob Lew said in a blog post that "CBO confirms what we already know: current deficits are unacceptably high and if we stay on our current course and do nothing, the fiscal situation will hurt our recovery and hamstring future growth."

The estimate adds urgency to calls on Capitol Hill for action on runaway deficits that many economists fear -- if left unchecked -- could trigger a European-style debt crisis that could force draconian measures such as cutting federal benefits for seniors or forcing broad-based tax increases.

Just on Friday, 64 senators -- 32 in each party -- signed a letter to Obama calling on him to take the lead in coming up with a comprehensive deficit reduction plan along the lines of a plan issued last year by his own deficit commission. That plan called for a comprehensive overhaul of the tax code that would trade dozens of expensive tax breaks for lower individual and corporate rates, curb Social Security benefits and clamp down on spending across the budget.

"While we may not agree with every aspect of the commission's recommendations, we believe that its work represents an important foundation to achieve meaningful progress on our debt," the senators wrote. They said that "with a strong signal of support from you, we believe that we can achieve consensus on these important fiscal issues."

Conversely, the report is a sobering blow to House Republicans charged with developing a budget blueprint that could satisfy its core supporters in the tea party. Republican lawmakers had already acknowledged that they won't be able to generate a budget that comes to balance by the end of the decade.

Friday's news makes that task even more difficult





 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
economy

Make Mine Freedom - 1948


American Form of Government

Who's on First? Certainly isn't the Euro.