The truth at any cost lowers all other costs — curated by former US spy Robert David Steele.
“Mark to Market” is (or was?) an accounting standard that required financial institutions to value their assets at their current market value. Thus a stock portfolio would be valued at an amount determined by the stock market, if the stock holder sold all his assets in that market. Last Spring, when the government was contemplating …
Continue reading “Journal: Lockheed Mark to Market Pentagon Style”
The New QDR The Pentagon Goes Intellectually AWOL By FRANKLIN C. SPINNEY Monday, February 1, 2010, was a day that should live in budgetary infamy. The Defense Department released its Quadrennial Defense Review (QDR) and its accompanying Fiscal Year 2011 budget request, which is the first year of the Fiscal Year 2011-2015 five year plan …
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The recent publication of the 2010 QDR reveals once again, in typically leaden and mind-numbing prose, how the Pentagon is incapable of coming to grips with the mismatches among strategy, programs, and resources that its decision makers create for themselves, even when budgets are at the highest levels since the end of WWII. The F-35 …
Climate change may be an “accelerant of instability” in future conflicts, and the U.S. military needs to plan for possible environmental catastrophes and resource wars, according to the Pentagon’s soon-to-be-released master strategy document. Among other things, the draft QDR suggests the military will have to start planning for operations in which rising sea levels, an …
Continue reading “Journal: The Greening of the Pentagon’s Strategy”
Franklin “Chuck” Spinney is living the dream sailing in the Mediterranean with his forever spouse and a dog that is all bark and no bite. He remains the “last man standing” from the whistle-blowing era of the 1980’s when giants like Colonel John Boyd tried to force the Pentagon to get a grip on reality. …
Continue reading “Journal: Chuck Spinney on Winning Hearts and Minds, Pentagon Style”
Articulate Vindictive Oblivious but Ultimately Necessary Reading, April 11, 2008
Setting the Stage for the NEXT Reform of National Security, April 10, 2008
