Boeing

Boeing Gets "Mind-Boggling" $2 Billion Bonus Despite Failed Missile Defense System Tests

From 2002 through early last year, the Pentagon conducted 11 flight tests of the nation's homeland missile defense system. The interceptors failed to destroy their targets in six of the 11 tests -- a record that has prompted independent experts to conclude the system cannot be relied on to foil a nuclear strike by North Korea or Iran. Yet, as The LA Times reports, over that same time span, Boeing, the Pentagon's prime contractor, collected nearly $2 billion in performance bonuses for a job well done...

Frontrunning: September 2

  • Donald Trump Revised Immigration Speech After Mexican Leader’s Tweet (WSJ)
  • Hillary Clinton Raised $143 Million in August for Democrats and Her Campaign (NYT)
  • Putin says he doesn't know who hacked U.S. Democratic Party (Reuters)
  • Samsung issues recall for Galaxy Note 7 after battery fires (Reuters)
  • Putin Joins "OPEC Headline" Fray, Pushes For Oil Production Freeze, Iran Exemption (ZH)

For The First Time Since The Recession, Boeing Won't Raise Airplane Prices Due To Plunge In Demand

As part of the US economic slowdown, many have observed the sharp drop in demand for heavy trucking, coupled with the steep dropoff in train and intermodal traffic. Now, a third major red flag has emerged in the sky, where the slowdown in sales and new orders for airplanes is now so acute that US plane giatn, Boeing, announced on Monday it would refrain from increasing jetliner prices for the coming year, the first time it has held prices steady since 2009.

Frontrunning: August 26

  • Global equities set 2-week low before Yellen speech, dollar dips (BBG)
  • Lochte signs new endorsement deal, legal woes persist in Brazil (Reuters)
  • Blackstone Unleashes Cash Hoard in Texas Shale Oil Land Grab (BBG)
  • China to prosecute former statistics bureau chief for corruption (Reuters)
  • Turkey fires on U.S.-backed Kurdish militia in Syria offensive (Reuters)

Frontrunning: August 25

  • Stock futures lower as countdown to Yellen speech begins (Reuters)
  • Italy quake death toll nears 250 as rescuers search demolished towns (Reuters)
  • Central bankers eye public spending to plug $1 trillion investment gap (Reuters)
  • Chelsea Clinton Plans to Stay on Board of Family Foundation (WSJ)
  • Bond Traders Are Desperate for Direction From Yellen in Jackson Hole (BBG)

Follow The Money Trail For Source Of "Russian Threat" Paranoia

How much longer will the citizens of the world put up with a situation in which warmongers with ties to the military-industrial complex are allowed to stoke up international tensions? The next time you read or hear someone issue stark warnings about the “Russian threat” - and why NATO needs to hike its spending to deal with it - just follow the money trail. It’s likely to be revealing.

America's "Humanitarian War" Against the World

The media, intellectuals and the politicians, in chorus, obfuscate the unspoken truth, namely that the US-NATO led war destroys humanity. When the lie becomes the truth there is no turning backwards. When war is upheld as a humanitarian endeavor, Justice and the entire international legal system are turned upside down: pacifism and the antiwar movement are criminalized. Opposing the war becomes a criminal act. Meanwhile, the war criminals in high office have ordered a witch hunt against those who challenge their authority. The Big Lie must be exposed for what it is and what it does.

Frontrunning: August 18

  • World stocks rise, dollar weakens on divided Fed  (Reuters)
  • U.S. Held Cash Until Iran Freed Prisoners (WSJ)
  • Brazil police pull U.S. swimmers from flight amid robbery probe (Reuters)
  • Rio’s Latest Headache: Loads of Empty Seats (WSJ)
  • Clinton Foundation hired cyber firm after suspected hacking (Reuters)

"It's One Gigantic Lawless Crime Scene" - Exposing The Dirty Business of U.S. 'Think Tanks'

It’s important to acknowledge that the U.S. economy has morphed into one gigantic lawless crime scene. An environment in which crony insiders who add zero value to society parasitically feast on the country’s treasure. In the case of so-called “think tanks,” we have organizations receiving copious taxpayer subsidies for the privilege of screwing over the American public.

Connecting The Nuclear 'Dots'

With Iran back in the headlines once again thanks to the US government's shady cash payments surrounding the nuclear deal and hostage release, we thought it worth considering the warnings of GeoStrategic Analysis' Dr. Peter Huessy: Iran seeks to do us grave harm. Instead of heeding the nuclear missile "dots" that are emerging all around us, we are busy promoting trade with Iran, downplaying its violations of the nuclear deal, simply ignoring its ballistic missile developments and dismissing the growing evidence of its terrorist past.

Emirates Boeing 777 Crash Lands In Dubai

Emirates Airline reported that its flight EK521 was involved in an "accident" which occurred at 12:45pm local time (08:45 GMT) on Tuesday, without giving further details. Gulf News reported that an Emirates flight from India made an emergency landing at the airport and all passengers were escorted to safety.

3 Killed, 1 Wounded At Shooting North Of Seattle; Suspect In Custody

Three people were killed and a fourth was injured in a shooting in Mukilteo, Washington north of Seattle, according to police. About 15-20 people were partying at home in the Chennault Beach neighborhood when gunfire broke out around 12:30 a.m., according to Mukilteo Police.

Exposing Hillbama's Big Lie: The Central Issue In The U.S. Presidential Campaign

Obama’s ‘mono-polar world’ is a fiction, and the sooner that he and his Big Lie can be exposed (by the Western press, to the Western publics), the safer everyone will be. Discomforts on the parts of those who have promulgated and propagandized that lie will be vastly less than the disastrous alternative, which would destroy the world for everyone.