Lockheed Martin about to close $37bn+ deal for F-35 jets

•June 22, 2017 • 16 Comments

https://www.rt.com/business/393015-lockheed-deal-jets-sale/

US defense contractor Lockheed Martin is in the final stages of negotiating a multibillion-dollar deal to sell a record 440 F-35 fighter jets to a group of 11 countries including the United States; Reuters reports.

The contract will be the biggest yet for the F-35 jets and will consist of three tranches over fiscal years 2018-2020.

https://www.reuters.com/article/us-airshow-paris-f-idUSKBN1990S8

Lockheed Martin Corp is in the final stages of negotiating a deal worth more than $37 billion to sell a record 440 F-35 fighter jets to a group of 11 nations including the United States, two people familiar with the talks said.

This would be the biggest deal yet for the stealthy F-35 jet, set to make its Paris Airshow debut this week.

The sale represents a major shift in sales practices from annual purchases to more economic multi-year deals that lower the cost of each jet.

The pricing of the jets was still not final, although the average price of the 440 jets was expected to be $85 million, the people said on condition of anonymity because they were not authorized to discuss the negotiations publicly.

The multi-year deal for the fighters will consist of three tranches over fiscal years 2018-2020.

A Lockheed representative said the U.S. company does not discuss negotiations on contracts and said any deal involving a “block buy” would be announced by the U.S. government. A representative for the customers including the United States did not immediately respond to a request for comment on Sunday.

Last week, representatives from 11 F-35 customer nations met in Baltimore, Maryland to discuss terms and toured a Northrop Grumman Corp facility in Maryland that provides equipment for the jet. Those nations included Australia, Denmark, Israel, Italy, Japan, the Netherlands, Norway, Turkey, South Korea, Britain and the United States.

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imagine if there were no wars..

you cant can you?..and whatever would lockheed martin do if nobody needed to buy fighter jets?

“The pricing of the jets was still not final, although the average price of the 440 jets was expected to be $85 million, the people said on condition of anonymity because they were not authorized to discuss the negotiations publicly.”

weapons of death..

401

The climate hoax tipping point

•June 22, 2017 • 7 Comments

http://theinternationalforecaster.com/topic/international_forecaster_weekly/the_climate_hoax_tipping_point

If the blathering blowhards of the dinosaur media and the Chicken Littles of the Twitterverse are to be believed, the world has officially come to an end. And in a way, maybe it has. Not “the” world, of course, but their world.

That’s because, as you will no doubt have heard by now, Trump just announced that the US will be pulling out of the Paris Climate Accord.

“I am fighting every day for the great people of this country,” Trump boasted in his Rose Garden press conference announcing his decision on the agreement, adopted in Paris in December 2015. “Therefore, in order to fulfill my solemn duty to protect America and its citizens, the United States will withdraw from the Paris Climate Accord…”

…If only he had stopped there. However, after a brief applause break greeting the announcement of the withdrawal, the Dissembler-in-Chief completed the sentence thusly: “but begin negotiations to reenter either the Paris Accord or a really entirely new transaction on terms that are fair to the United States, its businesses, its workers, its people, its taxpayers.” And then, just to make sure he added enough political hogwash to confuse everyone, he pressed on: “So we’re getting out. But we will start to negotiate, and we will see if we can make a deal that’s fair. And if we can, that’s great. And if we can’t, that’s fine.”

Ok, then. So the US is withdrawing from the Paris Agreement not because it is the leading edge of the $100 trillion carbon swindle wedge. Not because it is based on the fake science of fundamentally flawed models with fundamentally incorrect inputs. Not because it brings us one step closer to the Edmund Rothschild-articulated vision of a “global conservation bank” to steward over the world economy or the century-old technocratic dream of an energy-based economy where people will be assigned “carbon credits” and forced to ration their activities in response to the dictates of a de facto world government. No, not for these reasons, but because the “deal” wasn’t “fair” for “American workers?” And the Trump Administration is going to immediately begin negotiations to reenter the agreement?

Sigh.

Is this another case of the right decision for the wrong reasons? And if so, should we take this as the closest we’re likely to get to actual victory in the war against the control freaks who are attempting to implement their globalist vision through the climate hoax?

Well, as it turns out there is a bright spot in all of this, after all: The repudiation of the Paris Agreement represents a “tipping point” in the climate debate.

A “tipping point,” of course, is a point of no return, and the concept should be very familiar to aficionados of climate doom-porn. There have been so many so-called “climate tipping points” proclaimed by the fear mongers over the years that I’ve lost track. Thankfully, some intrepid researchers have compiled detailed lists of these dire warnings (all of which, would you believe it, failed to come true).

In 1989, United Nations Environmental Program Director Noel Brown warned us that “entire nations could be wiped off the face of the earth by rising sea levels if global warming is not reversed by the year 2000.”

In 2007 Rajendra Pachauri (the disgraced ex-chair of the UN’s Intergovernmental Panel on Climate Change) warned that “If there’s no action before 2012, that’s too late.” Oddly, they went ahead with the Paris Agreement anyway, despite being three years past the earth’s expiry date.

In 2009 Prince Charles of the inbred eugenics-loving Saxe-Coburg-Gotha clan lectured his loyal subjects that there was just 96 months left to save the planet.

British Prime Minister Gordon Brown was not so optimistic. He gave the planet only 50 days (and added, lest a skeptical public tempt fate by waiting 51 days to act, that there is “no Plan B!”).

You get the idea. We have been told ad nauseum by the powers-that-shouldn’t-be that unless we accept the latest “Treaty to Save the Planet” then we are all doomed! DOOMED, I tell you!

The Paris Accord was no exception to this rule. We were told time and again that the agreement was essential to avoid the “tipping point” of two degrees Celsius of global average temperature increase over the next hundred years which “scientists predict” would mean “sea level rise, food and water shortage, severe flooding, and drought” and, presumably, dogs and cats marrying.

Never mind that “global average temperature” is an inherently nonsensical concept. Never mind that the thesis that carbon dioxide acts a global thermostat has been falsified. Never mind that climate modeling has been a spectacular, unparalleled failure in the annals of science. We should simply entrust that somehow or others the wise oligarchs of the United Nations Framework Convention on Climate Change not only have the ability to constrain the rise of global average temperature to 1.5 degrees Celsius over the next 80 years (to the tenth of a degree, no less!), but that they have the knowledge necessary to do so.

And by “wise oligarchs” I mean, of course, oil companies, bankers, CFR members and other members of the psychopathic ruling class. For make no mistake, they are the ones behind the swindle at every step.

After all, it was Enron and Goldman Sachs who pioneered the emissions trading swindles (that–surprise, surprise!–are a complete and total fraud from top to bottom). It was companies like General Electric, DuPont, Johnson & Johnson, Pepsi, Siemens, AIG, BP, ConocoPhillips and GM who spearheaded the Waxman-Markey bill of 2009 by founding the US Climate Action Partnership, which wrote the “Blueprint for Legislative Action.” It was companies like EDF, Engie, Air France, Renault, and BNP Paribas that footed 20% of the bill for the Paris climate summit itself. And it is companies like Exxon and Shell (backed, of course, by the Daughter-in-Chief) who have been the Paris Agreement’s staunchest defenders.

Yes, the world is reaching a tipping point, but it has nothing to do with the trace amounts of life-giving carbon dioxide in the atmosphere. Instead, the climate hoax itself is reaching a tipping point, the point at which the public stops listening to the apocalyptic predictions of the “End Is Nigh” crowd.

The evidence of this tipping point is appearing in the unlikeliest of places.

A recent Dilbert cartoon took the climate fear mongers to task for the way they treat their critics. In a company meeting, a client scientist explains to Dilbert and his co-workers that climate scientists feed the data from questionable climate models into “long-term economic models of the sort that have never been right” to determine that human activity is causing catastrophic climate change. When Dilbert asks “What if I don’t trust the economic models?” the scientist turns to Dilbert’s boss and asks “Who hired the science denier?”

The surprising part is not that “Yale Climate Connections” made a clumsy, strawman-laden non-rebuttal rebuttal of the comic strip that in fact went on to demonstrate the very point of the strip itself. The surprising part is that the public so easily saw through the charade; the video has twice as many thumbs down as thumbs up and the comments section is full of people pointing out the video’s flaws. (“The criticism is about models’ alleged inability to predict the future,” as one commenter points out. “The video is talking about how we are confident that the Earth has warmed. It’s a non-response.”)

These types of push-back against the seemingly ubiquitous “settled science” mantra are heartening given the 24/7 assault of climate propaganda that the world has been subjected to for the past two and a half decades. And they are becoming more frequent.

This is heartening, and this is the real victory of Trump’s Paris withdrawal. It is the fact that so many people support the idea of withdrawing from the Paris Agreement. Apparently, people can only take so many failed warnings of doom and gloom before they stop blindly believing what the billionaires for climate change are telling them.

So if you want to end on a positive note, stop reading here.

For the rest of you, you should be aware that Trump’s bold pronouncement is only the beginning of a two year wait before the US can actually begin the process of withdrawing from the agreement itself. And even if Trump does persist and proceed with the withdrawal in November 2019, it still would not undermine the UNFCCC itself which underlies the agreement, and thus would not derail the IPCC or the global governmental climate hoax generally.

Sigh.

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excellent article..worth the read..

this:

“In 1989, United Nations Environmental Program Director Noel Brown warned us that “entire nations could be wiped off the face of the earth by rising sea levels if global warming is not reversed by the year 2000.”

In 2007 Rajendra Pachauri (the disgraced ex-chair of the UN’s Intergovernmental Panel on Climate Change) warned that “If there’s no action before 2012, that’s too late.” Oddly, they went ahead with the Paris Agreement anyway, despite being three years past the earth’s expiry date.

In 2009 Prince Charles of the inbred eugenics-loving Saxe-Coburg-Gotha clan lectured his loyal subjects that there was just 96 months left to save the planet.

British Prime Minister Gordon Brown was not so optimistic. He gave the planet only 50 days (and added, lest a skeptical public tempt fate by waiting 51 days to act, that there is “no Plan B!”).”

the alarmism and scares and doom mongering are boring and always wrong..

“Apparently, people can only take so many failed warnings of doom and gloom before they stop blindly believing what the billionaires for climate change are telling them.”

401

Oil tumbles..closes in a bear market..down more than 20% from 2017 high

•June 22, 2017 • Leave a Comment

http://www.cnbc.com/2017/06/20/oil-prices-are-tumbling-more-than-2-percent-toward-43-a-barrel-right-now.html

Oil prices sank more than 2 percent on Tuesday, posting a nine-month closing low, on signs of rising production in key parts of the world.

West Texas Intermediate crude oil futures ended Tuesday’s session at $43.23, down 97 cents, the weakest settlement since Sept. 16. The U.S. benchmark fell as low as $42.75, the lowest intraday price since Nov. 14, when the contract hit $42.20 a barrel.

WTI fell more than 20 percent from its 52-week closing and intraday highs, putting the commodity in bear market territory.

Prices for WTI’s August contract, which became the front-month after the settle, fell 92 cents to $43.51. Trading volume was concentrated in the August contract on Tuesday.

Prices took the fresh leg lower on new signs of rising output from Nigeria and Libya, the two OPEC members exempt from a deal to cut production.

Output from the 14-member exporter group ticked higher in May due to rising production in Nigeria, Libya and Iraq, raising concerns about OPEC’s effort to shrink global stockpiles of crude oil. OPEC and other producers have committed to keeping 1.8 million barrels a day off the market through March.

Libya’s oil production rose more than 50,000 barrels per day to 885,000 bpd, a Libyan source told Reuters. Meanwhile, exports of Nigeria’s benchmark Bonny Light crude oil are set to rise by 62,000 barrels per day in August, Reuters reported.

Oil prices are “most definitely” heading to $40 a barrel and will likely dip into the upper $30s, John Kilduff, founding partner at energy hedge fund Again Capital, told CNBC’s “Squawk Box” on Tuesday.

The market is turning lower in part on tanker-tracking data showing unsold crude oil cargoes from Nigeria, he said. U.S. production is also a concern because American drillers locked in prices for future delivery, and so they’ll keep pumping even as near-term prices fall, according to Kilduff.

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needs watching..

“Oil prices are “most definitely” heading to $40 a barrel and will likely dip into the upper $30s, John Kilduff, founding partner at energy hedge fund Again Capital, told CNBC’s “Squawk Box” on Tuesday.”

back where we were..

401

US government spent over $500m on fake Al-Qaeda propaganda videos that tracked location of viewers

•June 22, 2017 • 1 Comment

http://www.independent.co.uk/news/world/us-government-pentagon-fake-al-qaeda-propganda-videos-a7348371.html

A former contractor for a UK-based public relations firm says that the Pentagon paid more than half a billion dollars for the production and dissemination of fake Al-Qaeda videos that portrayed the insurgent group in a negative light.

The Bureau of Investigative Journalism reported that the PR firm, Bell Pottinger, worked alongside top US military officials at Camp Victory in Baghdad at the height of the Iraq War. The agency was tasked with crafting TV segments in the style of unbiased Arabic news reports, videos of Al-Qaeda bombings that appeared to be filmed by insurgents, and anti-insurgent commercials – and those who watched the videos could be tracked by US forces.

The report of Bell Pottinger’s involvement in the video hearkens back to more than 10 years ago, when the Washington-based PR firm Lincoln Group was revealed to have produced print news stories and placed them in Iraqi newspapers. According to the Los Angeles Times, who obtained the 2005 documents, the stories were intended to tout the US-led efforts in Iraq and denounce insurgent groups.

Bell Pottinger was first tasked by the interim Iraqi government in 2004 to promote democratic elections. They received $540m between May 2007 and December 2011, but could have earned as much as $120m from the US in 2006.

Lord Tim Bell, a former Bell Pottinger chairman, confirmed the existence of the contract with the Sunday Times. The Pentagon also confirmed that the agency was contracted under the Information Operations Task Force, but insisted that all material distributed was “truthful”.

However, former video editor Martin Wells, who worked on the IOTF contract with Bell Pottinger, said they were given very specific instructions on how to produce the fake Al-Qaeda propaganda films.

“We need to make this style of video and we’ve got to use Al-Qaeda’s footage,” Mr Wells told the Bureau, recalling the instructions he received. “We need it to be 10 minutes long, and it needs to be in this file format, and we need to encode it in this manner.”

According to Mr Wells’ account, US Marines would then take CDs containing the videos while on patrol, then plant them at sites during raids.

“If they’re raiding a house and they’re going to make a mess of it looking for stuff anyway, they’d just drop an odd CD there,” he said.

The CDs were encoded to open the videos on RealPlayer software that connects to the Internet when it runs. It would issue an IP address that could then be tracked by US intelligence.

“If one if looked at in the middle of Baghdad … you know there’s a hit there,” Mr Wells said. “If one, 48 hours or a week later shows up in another part of the world, then that’s the more interesting one, and that’s what they’re looking for more, because that gives you a trail.”

Mr Wells said the CDs were viewed in countries like Iran, Syria, and the United States.

The programmes produced by Bell Pottinger would move up the chain of command, often requiring the signatures of high level generals, including Gen David Petraeus, and could sometimes go as high up as the White House for approval.

Lord Bell maintains that Bell Pottinger’s work in Iraq was beneficial to the overall effort.

https://en.wikipedia.org/wiki/Bell_Pottinger

https://en.wikipedia.org/wiki/Timothy_Bell,_Baron_Bell

https://en.wikipedia.org/wiki/Frank_Lowe_(advertiser)

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remember those videos that looked like film crews making chop chop videos?

probably the same sort of set up as this..

“The agency was tasked with crafting TV segments in the style of unbiased Arabic news reports, videos of Al-Qaeda bombings that appeared to be filmed by insurgents, and anti-insurgent commercials – and those who watched the videos could be tracked by US forces.”

all the world is a stage..

401

Russia warns it will shoot down US planes after Syria military hit

•June 21, 2017 • 6 Comments

http://beta.9news.com.au/world/2017/06/19/11/28/us-shoots-down-syrian-aircraft

Russia warns that it will treat all US coalition aircraft west of the Euphrates River in Syria as “airborne targets” after a US fighter jet shot down a Syrian warplane.

Russia’s Defence Ministry announced that it was ending US-Russian co-operation in Syria that had been designed to prevent a direct conflict between the great powers.

“Repeated military actions by US aircraft against the lawful armed forces of a United Nations member state, under the guise of a ‘fight against terrorism,’ are a profound violation of international law and, in fact, military aggression against the Syrian Arab Republic,” the Russian Defence Ministry said in a statement.

“As a result of the strike, the Syrian plane was destroyed. The Syrian pilot catapulted into an area controlled by Islamic State terrorists. His fate is unknown.”

The US military confirmed a US F-18 Super Hornet shot down a Syrian SU-22 on Sunday, after it dropped bombs near the US partner forces known as the Syrian Democratic Forces. SDF fighters are aligned with the Americans in the campaign against the Islamic State group.

Russia has been a staunch supporter of Syria’s beleaguered President Bashar Assad and has been providing an air cover for his offensive against IS since 2015.

Earlier Russian Deputy Foreign Minister Sergei Ryabkov compared the downing to “helping the terrorists that the US is fighting against.”

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the threat is real..

australia has stopped its flights..and today the usa shot down a syrian drone..the powder keg is just waiting for the spark..

“As a result of the strike, the Syrian plane was destroyed. The Syrian pilot catapulted into an area controlled by Islamic State terrorists. His fate is unknown.”

i think the pilot would be better off going down with the plane than being caught by those freaks..

401

Moody’s has downgraded a dozen Australian banks

•June 21, 2017 • 1 Comment

http://www.smh.com.au/business/banking-and-finance/moodys-downgrades-australian-banks-credit-rating-20170619-gwuafj.html

Credit rating agency Moody’s has downgraded a dozen Australian banks, including the big four, citing increased risks in the nation’s increasingly indebted households.

Moody’s stripped the big four banks – the Australia and New Zealand Banking Group (ANZ), Commonwealth Bank of Australia (CBA), National Australia Bank (NAB), and Westpac Banking Corporation (Westpac) – of their Aa2 long-term rating and placed them on the next level down at Aa3, although it did not alter their short term ratings.

Other smaller banks were also downgraded including Bendigo and Adelaide Bank, Members Equity Bank Limited and Credit Union Australia Limited.

The big four banks had been on a negative outlook but that had now been changed to stable Moody’s said in a statement released on Monday night.

“In Moody’s view, elevated risks within the household sector heighten the sensitivity of Australian banks’ credit profiles to an adverse shock, notwithstanding improvements in their capital and liquidity in recent years,” the statement said.

Moody’s did not think a “sharp housing downturn” was a “core scenario” the risk posed by increasing household debt had to be considered when weighing the ratings of Australian banks.

“In Moody’s assessment, risks associated with the housing market have risen sharply in recent years. Latent risks in the housing market have been rising in recent years, because significant house price appreciation in the core housing markets of Sydney and Melbourne has led to very high and rising household indebtedness,” the statement said.

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oops?

“risks associated with the housing market have risen sharply in recent years.”

a bubble by any other name..

“Moody’s stripped the big four banks – the Australia and New Zealand Banking Group (ANZ), Commonwealth Bank of Australia (CBA), National Australia Bank (NAB), and Westpac Banking Corporation (Westpac) – of their Aa2 long-term rating and placed them on the next level down at Aa3, although it did not alter their short term ratings. Other smaller banks were also downgraded including Bendigo and Adelaide Bank, Members Equity Bank Limited and Credit Union Australia Limited.”

my bank is in there..

401

Putin meets with Ethereum founder to create national virtual currency

•June 21, 2017 • 7 Comments

http://www.zerohedge.com/news/2017-06-12/putin-meets-ethereum-founder-create-national-virtual-currency

Two weeks ago, in our latest comparison of Bitcoin and its up and coming competitor, Ethereum, we said “step aside bitcoin, there is a new blockchain kid in town.” Actually, we said that for the first time back in February when Ethereum was still trading in the low teens (the return on ETH since then is roughly 3000%), but the most recent glance provided some perspective on where the competition between the two largest cryptocurrencies may culminate, because according to at least two venture capitalists, the market cap of Ethereum – currently roughly $35 bilion – and whose share of the market has been soaring, will surpass that of Bitcoin, at ~$43 billion although it changes by the second, sometime before the end of 2018.

Two things: first, at the current rate of gains in Ethereum market share (and loss in Bitcoin’s), the inflection point between the two will come not in months, or weeks, but perhaps days.

Second, said inflection point may come in even faster if Vladimir Putin has anything to say about it, because as Bloomberg reports, “Ethereum has caught the attention of none other than the Russian president as a potential tool to help Russia diversify its economy beyond oil and gas.” Putin met Ethereum’s young founder Vitalik Buterin on the sidelines of the St. Petersburg Economic Forum last week and supported his plans to build contacts with local partners to implement blockchain technology in Russia, according to a statement on Kremlin’s website.

Speaking at the Economic Forum, Putin said that “the digital economy isn’t a separate industry, it’s essentially the foundation for creating brand new business model” and discussed means to boost growth long-term after Russia ended its worst recession in two decades. As explained repeatedly over the past 6 months, besides being a method of exchange, Ethereum is also a ledger for everything from currency contracts to property rights, speeding up business by cutting out intermediaries such as public notaries. It also does not suffer from some of the size limitations that have paralyzed bitcoin in recent months.

https://en.wikipedia.org/wiki/Ethereum

https://en.wikipedia.org/wiki/Vitalik_Buterin

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watch this space..ethereum is making a play to be the top dog over bitcoin..

“Ethereum has caught the attention of none other than the Russian president as a potential tool to help Russia diversify its economy beyond oil and gas.”

follow the money..

“the market cap of Ethereum – currently roughly $35 bilion – and whose share of the market has been soaring, will surpass that of Bitcoin, at ~$43 billion although it changes by the second, sometime before the end of 2018.”

401

 
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