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While Blaming Trump For “Arms Race”, Obama Signs Momentous “Star Wars II” Defense Bill

While Blaming Trump For “Arms Race”, Obama Signs Momentous “Star Wars II” Defense Bill

As politicians and mainstream media blast Trump’s apparently incendiary tweet regarding nuclear arms, none other than President Obama just signed legislation that, by striking a single word from longstanding US nuclear defence policy, could heighten tensions with Russia and China and launch the country on an expensive effort to build space-based defense systems.

Oh the irony… Following Trump’s tweet…

The United States must greatly strengthen and expand its nuclear capability until such time as the world comes to its senses regarding nukes

The mainstream media has lambasted the president-elect for “endangering the world” and “starting another nuclear arms race.” However, that same mainstream media appears mute in their response to what President Obama just did…

The National Defence Authorisation Act, a year-end policy bill encompassing virtually every aspect of the US military, contained two provisions with potentially momentous consequences. As AP reports,

One struck the word “limited” from language describing the mission of the country’s homeland missile defence system. The system is said to be designed to thwart a small-scale attack by a non-superpower such as North Korea or Iran.

A related provision calls for the Pentagon to start “research, development, test and evaluation” of space-based systems for missile defence.

Together, the provisions signal that the US will seek to use advanced technology to defeat both small-scale and large-scale nuclear attacks.

That could unsettle the decades-old balance of power among the major nuclear states.

Huge bipartisan majorities in both houses of Congress approved the policy changes over the past month, with virtually no public debate.

Although the White House had earlier criticised the changes, it stopped short of threatening a veto. On Friday, Obama signed the legislation.

…click on the above link to read the rest of the article…

Questions and Answers

Questions and Answers

The really big item in last night’s 60-Minutes newsbreak was that the latest Star Wars movie passed the billion dollar profit gate a week after release. That says just about everything you need to know about our floundering society, including the state of the legacy news media.

The cherry on top last week was Elon Musk’s SpaceX company’s feat landing the first spent stage of its Falcon 9 rocket to be (theoretically) recycled and thus hugely lowering the cost of firing things into space. The media spooged all over itself on that one, since behind this feat stands Mr. Musk’s heroic quest to land humans on Mars. This culture has lost a lot in the past 40 years, but among the least recognized is the loss of its critical faculties. We’ve become a nation of six-year-olds.

News flash: we’re not going Mars. Notwithstanding the accolades for Ridley Scott’s neatly-rationalized fantasy, The Martian (based on Andy Weir’s novel), any human journey to the red planet would be a one-way trip. Anyway, all that begs the question: why are we so eager to journey to a dead planet with none of the elements necessary for human life when we can’t seem to manage human life on a planet superbly equipped to support us?

Answer: because we are lost in raptures of techno-narcissism. What do I mean by that? We’re convinced that all the unanticipated consequences of our brief techno-industrial orgy can be solved by… more and better technology! Notice that this narrative is being served up to a society now held hostage to the images on little screens, by skilled people who, more and more, act as though these screens have become the new dwelling place of reality. How psychotic is that?

…click on the above link to read the rest of the article…

Christmas Present

Christmas Present

Theory du jour: the new Star Wars movie is sucking in whatever meager disposable lucre remains among the economically-flayed mid-to-lower orders of America. In fact, I propose a new index showing an inverse relationship between Star Wars box office receipts and soundness of the financial commonweal. In other words, Star Wars is all that remains of the US economy outside of the obscure workings of Wall Street — and that heretofore magical realm is not looking too rosy either in this season of the Great Rate Hike after puking up 623 points of the DJIA last Thursday and Friday.

Here I confess: for thirty years I have hated those stupid space movies, as much for their badly-written scripts (all mumbo-jumbo exposition of nonsensical story-lines between explosions) as for the degenerate techno-narcissism they promote in a society literally dying from the diminishing returns and unintended consequences of technology.

It adds up to an ominous Yuletide. Turns out that the vehicle the Federal Reserve’s Open Market Committee was driving in its game of “chicken” with oncoming reality was a hearse. The occupants are ghosts, but don’t know it. A lot of commentators around the web think that the Fed “pulled the trigger” on interest rates to save its credibility. Uh, wrong. They had already lost their credibility. What remains is for these ghosts to helplessly watch over the awesome workout, which has obviously been underway for quite a while in the crash of commodity prices (and whole national economies — e.g. Brazil, Canada, Australia), the janky regions of the bond markets, the related death of the shale oil industry, and the imploding hedge fund scene.

As it were, all credit these days looks shopworn and threadbare, as if the capital markets had by stealth turned into a swap meet of previously-owned optimism. Who believes in anything these days besides the allure of fraud?

…click on the above link to read the rest of the article…

 

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