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Boondoggle and white elephants

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https://www.youtube.com

The new Ford class of super-carriers is years overdue, billions over budget, and not combat worthy. Meanwhile to justify the expense, Washington is ginning up tension in the Persian Gulf and South China Sea. How long can this continue?

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Justin Elliott and Jesse Eisinger, ProPublica,

Americans sent hundreds of millions of dollars to the Red Cross, confident their money would ease the suffering left behind by Superstorm Sandy and Hurricane Isaac. They believed the charity was up to the job. They were wrong.

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Lewrockwell.com

Murray Rothbard called his political philosophy anarcho-capitalism to differentiate it from the far more common “communist anarchism.” Or, rather, it was more common then.

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David Axe, for Wired.com

America’s latest stealth fighter just got heavier, slower and more sluggish. For the second time in a year, the Pentagon has eased the performance requirements of the F-35 Joint Strike Fighter (JSF). The reduced specs — including a slower accelera

News Link • Global Reported By J E Andreasen
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Washington Times

Ready for another cash for clunkers program? It looks like General Motors is attempting to replace it's own consumer incentives with tax payer money. The car company, bailed out of bankruptcy in 2009 by the American tax payer, appears to be turning t

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voices.washingtonpost.com

The Boston Globe's Bryan Bender reported Friday that federal investigators "have identified several dozen Pentagon officials and contractors with high-level security clearances who allegedly purchased and downloaded child pornography, including an u

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www.theage.com.au

THE US intelligence budget is vast, publicly announced last year as $US75 billion, which is 2½ times the size it was on September 10, 2001. But the figure doesn't include many military activities or domestic counter-terrorism programs. At least 2

PurePatriot