When Do We Attack China?

This is a pretty bold threat, seeing as how the United States’ government, infrastructure, corporations, and individuals are being seriously cyberattacked ever second of every day.

Cyber Combat: Act of War

The Pentagon has concluded that computer sabotage coming from another country can constitute an act of war, a finding that for the first time opens the door for the U.S. to respond using traditional military force.

The Pentagon’s first formal cyber strategy, unclassified portions of which are expected to become public next month, represents an early attempt to grapple with a changing world in which a hacker could pose as significant a threat to U.S. nuclear reactors, subways or pipelines as a hostile country’s military.

In part, the Pentagon intends its plan as a warning to potential adversaries of the consequences of attacking the U.S. in this way. “If you shut down our power grid, maybe we will put a missile down one of your smokestacks,” said a military official.

See also:
Pentagon warns that cyber-attacks will be seen as ‘acts of war’
US Pentagon to treat cyber-attacks as ‘acts of war’
‘Cyber attacks are an act of war’: Pentagon to announce new rules of engagement against state sponsored hackers
US could respond to cyber-attack with conventional weapons
U.S. Government Says Cyber Attacks May Be Acts of War
Pentagon: Computer hacking can constitute an act of war
U.S. will treat cyber-attacks as act of war
Get Your Cyber War On
Acts of War in the Computer Age
The cyber arms race
Matt Gurney: U.S. military says a cyber attack means war. But with who?
The Pentagon Is Confused About How to Fight a Cyber War

So, with all the thousands of state sponsored cyberattacks unfolding 24/7/365, who are we going to attack first, China, Russia? There’s plenty of the usual suspects probing the United States’ cyberdefenses constantly, it’s hard to choose just one culprit. And what if we get the source of a cyberattack wrong? The exact origin of most of these exploits is extremely difficult to pin down. What if we mistakenly launch a missile strike on China for hacking damage that was actually caused by the Russian Mafia, how cool would that be? Probably not very cool at all.

/and, of course, when we announce a brinkmanship policy like this, and then immediately fail to back up our words with deeds, it become much more than just a joke, it manifests a profound, telltale show of national weakness

A Tale Of Two Memorial Days

While many Americans paid solemn tribute to our nation’s fallen military heroes and warriors . . .

. . . Obama, the President of the United States and Commander in Chief of the U.S. Armed Forces, played golf.

Barack Obama’s decision to play golf on Memorial Day was disrespectful and hardly presidential

/we need a new President

Weekly Watch List

LULU
NFLX
FOSL
AGP
HS
BIDU
INFA
ARUN
ILMN
PRGO
EW
ORCL

Additions:
ARUN

Subtractions:
LCAPA

Last week, the major indices ended narrowly mixed. The NYSE composite gained 0.3%, the S&P 500 and the Nasdaq both lost 0.2%, and the Dow was down 0.6%. The IBD outlook remains at “market in correction”. It’s time for a weak May to go away. Hopefully June will bring better market action.

With the market in correction, none of the watch list stocks can be considered as buy candidates.

/as usual, your mileage may vary, always do your own homework

So Much For The “Besieged” Gazans

For people claiming to be “besieged”, Hamas, through their sophisticated smuggling tunnels into Egypt, never seemed to run out of rockets to fire into Israel. And why is it that Israel is the only one who ever get blamed for “oppressing” the Gazan people? You’ll notice that this is an Egyptian border crossing that’s being opened after four years. Apparently, the Egyptians consider Hamas to be a serious security threat too.

Egypt opens Rafah crossing permanently

Gaza: A mixture of excitement and anxiety gripped travelers waiting to cross the Rafah crossing on Saturday.

Egypt ruled to permanently open the crossing starting on Saturday. In the first hour after the crossing was opened, 200 Gazans entered Egypt, officials said.

“We as Palestinians are truly thankful to the Egyptian government for opening the Rafah gate,” Dr. Ghazi Hamad, the Rafah border manager and spokesman, told Gulf News.

Under the new Egyptian regime, all coordination for travel goes through the Egyptian embassy.

“I am leaving to meet my relatives in Egypt, something that was very hard to do before,” Samah Ahmad, 26, told Gulf News. Mohammad Abd Al Aal said he was taking his wife and kids on a much needed vacation. “I never took a vacation before. The only times I have ever left Gaza was for medical reasons. I had to pay a lot of money to the Egyptian police and it was very humiliating,” he said.

Women would be able to leave Gaza without restrictions, while men between the ages of 18 and 40 would have to obtain visas for Egypt at the border.

See also:
Egypt opens Rafah border crossing with Gaza Strip, reuniting Palestinians
Egypt opens Rafah border crossing, ending Gaza blockade
Gazans Rejoice as Egypt Opens Border Crossing
Egypt reopens border with Gaza
Egypt Opens Border With Gaza Despite Israel’s Concerns
Haniyeh to Gazans: Don’t endanger opened Rafah border
Hamas urges Palestinians not to jeopardize Egypt’s opening of Rafah crossing
Egypt eases travel restrictions on Gazans
Hezbollah salutes Egypt’s decision to open Rafah crossing

So, now that the “blockade” of Gaza is over, there’s no more need for any “freedom flotillas” because the whole point has been rendered moot, right? Guess again.

Freedom Flotilla-2 to start voyage to help Palestinian victims

/you see, because it’s not really about helping the poor “Palestinians”, it’s all about hating on Israel and the Jews, “from the river to the sea”

Windows 7 Sucks!

Alrighty then. I had to add a new user, but the Active Trader Pro platform is finally up on the new laptop after two days. It looks like I’m still going to need to do some phone mojo during business hours to get the options trading platform running.

And boy oh boy, ultra fast and nifty new computer saddled with Windows 7, treats me like a two year old and fights me tooth and nail against everything I try and do. It really sucks.

/and now on to trying to install legacy software that I already know W7 is going to reject

Obamoses

Still think Obama is a friend of Israel?

/Michael Ramirez

See also:
Our World: Where Obama is leading Israel
Obama stopped what was left of the peace process
Obama’s mistaken approach to peace
Is support for pro-Israel lobby waning?
Poll: US social media users favor Israel
What are the options to derail Palestinian statehood at the U.N.?
Netanyahu had the courage to stand up to Obama

From Jeremiah Wright, Bill Ayers, to Rashid Khalidi, Obama has close past associations with all sorts of anti-Semites.

/Obama: ‘Judge me by the people who surround me’

The New Laptop Is Here!

The laptop itself is awesome! Wrangling the software into submission is another awful matter entirely, Windows 7 64 bit does not play very nice with my familiar, well broken in, just the way I like it, optimized XP world.

/this is going to be a long, hard slog, loud, intense, and sustained swearing is expected to ensue, hopefully I’ll be able to physically restrain myself from striking or otherwise damaging expensive computer hardware

The “Stimulus” That Keeps On Sucking

It’s bad enough that we borrowed a trillion dollars from China to waste on a “stimulus” program that actually destroyed 595,000 jobs, but it turns out that we lavished $24 billion of the massively useless pork potpourri on tax criminals! How cool was that?

Stimulus recipients found to be tax cheats

One construction company that won multiple awards of money under President Obama’s 2009 stimulus program was delinquent on its federal tax bill to the tune of $700,000, even as a company executive was blowing hundreds of thousands of dollars at casinos.

Yet another company failed to pay taxes, entered into a payment plan with the Internal Revenue Service, and then repeatedly defaulted on that agreement – and still won stimulus contracts worth more than $1 million, according to a Government Accountability Office report released Tuesday.

All told, government investigators found that during the period they examined, one out of every six stimulus contract or grant dollars went to a known tax cheat, according to Sen. Tom Coburn, an Oklahoma Republican who, along with several colleagues, requested the GAO review.

The review found that at least 3,700 stimulus recipients owed a total of more than $757 million in taxes, but were awarded $24 billion in stimulus money.

Read the report:

Thousands of Recovery Act Contract and Grant Recipients
Owe Hundreds of Millions in Federal Taxes

See also:
Report: Stimulus recipients owe $750 million in taxes
Companies that got stimulus money owe millions in back taxes
Stimulus contractors owe millions in back taxes
Stimulus Recipients Owe Back Taxes
Report: Stimulus Recipients Owe Hundreds Of Millions In Taxes
Stimulus money recipients owe billions in US taxes-GAO
GAO Report: 3,700 Stimulus Fund Recipients Owe Millions in Taxes
GAO Voices Concerns (Again) About Contracts, Grants Awarded to Delinquent Taxpayers
Senators: Tax delinquency issue larger than stimulus
Report: Tax dodgers pocketed $24B+

Now, you need to ask yourself, if the Obama administration was this incompetent that they gave $24 billion to known tax cheats, just how inept were they in frittering away the rest of the trillion dollars? If they couldn’t even catch the obvious gaming of the “stimulus” program, how much more undetected abuse and fraud is out there? I bet it totals in the hundreds of billions. And you, your children and grandchildren will get stuck paying for Obama’s “stimulus” folly, because we borrowed the trillion he wasted.

/Obama, putting the boon in boondoggle

Where In The World Is Mohammed Omar?

Is Mullah Omar dead, alive, kidnapped by Western Intelligence, the ISI? No one seems to know, yet, or they’re not telling.

Afghanistan confirms of Taliban leader Mullah Omar’s disappearance

Afghanistan’s intelligence services on Monday confirmed that the one-eyed Taliban leader Mullah Omar, with a US$10 million bounty on his head, had disappeared from his Quetta hideout in Pakistan.

“We can confirm about the disappearance of Omar five days ago from his Pakistani hideout,” said Mashal, spokesman for the National Directorate of Security (NDS).

However, the NDS spokesman did not confirm a previous claim of an Afghan intelligence source of Omar’s assasination by Pakistan’s Inter-Services Intelligence (ISI) agency.

Taliban, meanwhile, brushed off rumors of their leader’s death or disappearance.

See also:
Mullah Omar: Dead or alive?
Mullah Omar dead? Widespread sources skeptical
Afghanistan: Is Mullah Omar dead?
Mullah Omar killed?
Mullah Omar dead???
FO says it can’t confirm killing of Mulla Omar
Taliban spokesman denies leader has been killed
Leader still alive: Taliban
Chief missing, Taliban say he’s fine
Taliban denies reports of Mullah Omar’s death
Mullah Omar ‘disappears’ from Pak hideout: Afghan official
Intel agency claims Taliban chief has disappeared
Taliban chief has disappeared in Pakistan
Mullah Omar left Pakistani hideout: Afghan intelligence
KABUL: TALIBAN LEADER MULLAH OMAR NOT SEEN IN TWO DAYS
Mullah Omar mystery: Afghan official says ISI took him
Mullah Mohammad Omar: profile of the one-eyed Taliban leader
Mohammed Omar

Obviously, capturing Mohammed Omar alive and holding him in Western custody would be the ideal state of affairs here. Shot dead or blown to smithereens would be the second best outcome, although some concrete proof of death would be nice to have. And who’s going to believe the Taliban that he’s still alive and free without proof of life? In any case, every day Omar stays missing is a good day for civilized people everywhere. If Mullah Omar disappears into thin air and there’s no one around that knows where he is, is he still the Taliban leader?

/I wonder how long you have to be missing in Pakistan before you’re declared legally dead?

Weekly Watch List

LULU
FOSL
AGP
NFLX
HS
BIDU
ILMN
INFA
PRGO
EW
ORCL
LCAPA

Additions:
LCAPA

Subtractions:
AAPL
AH
ARUN
HUM

Last week, the major indices all moved lower. the Nasdaq lost 0.9%, the Dow gave up 0.7%, the S&P 500 dipped 0.3%, and the NYSE composite faded 0.2%. The IBD outlook remains at “market in correction”. Hunker down, there doesn’t seem to be any obvious catalyst on the horizon that might stick a fork in this correction.

With the market in correction, none of the watch list stocks can be considered as buy candidates.

/as usual, your mileage may vary, always do your own homework

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