"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "


Chinese premier Wen Jiabao 12th March 2009


""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."


Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Wednesday, January 25, 2006

Overmanned BAE produce Unmanned useless UAV out of date, obsolete UAV with catchy name.

The BBC carries a report of the UK's Corax (Raven) UAV Said to result frpm 2 years work. This is the last of a long line of over 20 years work based at Aberporth in West Wales.

The UK is Light years behind the US / Israel / Japan in developing such vehicles ... some urgency has been injected into calling this "Project Churchill" recalling the 12 month period in the 2 nd World War which saw the development of the Churchill heavy Tank.

The project has suffered like the Forward Light Airborne Vehicle (FLAV) of the early nineties based on transport in the Hercules. Now all progresss has been halted after nearly 15 years as the ageing and unreliable Herc's are phased out with their narrow low load carrying capacity.

The UAV is another black hole down which MOD millions disappears into the pockets of BAE shareholders and their workers, with precious little result for the UK Armed Forces.

Meanwhile Qinetic await flotation to enrich the Carlyle shareholders (Prop G Bush Snr and family plus the Bin Laden's and ex British Prime Ministers not to forget MI6\s mouthpiece Dame Neville Jones ... about to spearhead the Conservative Party Think Tank on defence).

Little has come out of their magic involvement judging by the Press releases that fly past me, expect an inhenious road blanket with spikes to arrest speading cars that wraps round axles - tyres etc., ... Oh and a simulation package for how wind farms interfere with Military radar .. another boost to the fast collapsing UK wind energy industry (Shhhhhh don't mention this now we are on our 7th Labour Energy Minister) on which Tony B relied so much before finding the wonderful benefits of nuclear power.

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(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish