The truth at any cost lowers all other costs — curated by former US spy Robert David Steele.
Pentagon’s Favorite Jet Delayed as Costs Rise Yet Again By Spencer Ackerman November 1, 2010 | 5:50 pm | Categories: Paper Pushers, Beltway Bandits, Politicians Add another several billion dollars and years in delays to the military’s most important new jet. Nearly a year after Defense Secretary Robert Gates fired the head of the F-35 …
The below article in Defense News explains how, in Loren Thompson’s words, the Pentagon is trying to embark on a “very important breakthrough” in its effort to determine how much weapons “should” cost. Thompson also expressed concern that the Pentagon does not have the right technical skills to make “should cost” happen. Thompson’s suggestion that …
Continue reading “Journal: Pentagon’s Hall of Mirrors Gets a Shine”
“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 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 …
The below article written by my two good friends Winslow Wheeler and Pierre Sprey is one of the very best case studies describing how the incredible corruption of critical thinking that prevails in the day to day life of the Military – Industrial – Congressional Complex (MICC) produces techno trash. With programs like the F-35 …
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Balanced Budget 101 Robert David STEELE VivasChapter in ELECTION 2008: Lipstick on the Pig (Earth Intelligence Network, 2008) Original As Published Full Text Online to Facilitate Automated Translation
