When Chinese RATs Attack

Oh, hey, look what China did, again. Isn’t this supposed to be an act of war now?

Massive Global Cyberattack Targeting U.S., U.N. Discovered; Experts Blame China

The world’s most extensive case of cyber-espionage, including attacks on U.S. government and U.N. computers, was revealed Wednesday by online security firm McAfee, and analysts are speculating that China is behind the attacks.

The spying was dubbed “Operation Shady RAT,” or “remote access tool” by McAfee — and it led to a massive loss of information that poses a huge economic threat, wrote vice president of threat research Dmitri Alperovitch.

. . .

Analysts told The Washington Post that the finger of blame for the infiltration of the 72 networks — 49 of them in the U.S. — points firmly in the direction of China.

See also:
Revealed: Operation Shady RAT
McAfee’s Operation Shady RAT exposes national cybersecurity lapses
McAfee discovers massive series of cyber attacks
Hacking Campaign Targets U.S. Government, Signs Point to China
Operation Shady RAT: five-year hack attack hit 14 countries
China Suspected Of Shady RAT Attacks
Q+A: Massive cyber attack dubbed “Operation Shady RAT”
Operation Shady RAT: A frightening web of global cyber-espionage
Operation Shady RAT smells like Chinese hacking
All cursors point to China in global hack attack that threatens nations
China accused of biggest ever global cyber spying attacks
Hackers Based in China Attack UN, Olympic Networks, Security Firms Report
Operation Shady RAT and the cyberhacking
APT Attackers Used Chinese-Authored Hacker Tool To Hide Their Tracks

Why did it take a private security company to uncover the largest case of cyberspying in world history and why aren’t we doing something about it?

/does China have to steal every last piece of sensitive and secret computer data we possess before we start taking this threat seriously?

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And Then There Were None

Welcome home Atlantis, a safe ending to the thirty year space shuttle program that saw the tragic loss of 40% of the fleet.

Ghostly Landing of Atlantis Closes America’s Space Shuttle Era Forever

Barely discernable in the pre-dawn twilight and appearing as an eerie, ghost like figure, Space Shuttle Atlantis and her four person crew swiftly glided to a triumphant landing at the Kennedy Space Center that closed out NASA’s three decade long Space Shuttle Era – in the wink of an eye it was all over.

Atlantis touched down almost invisibly on Runway 15 at the Shuttle Landing Facility at 5:57 a.m. EDT and rolled to a stop moments later to conclude the history making 13 day flight to the International Space Station and back. During the STS-135 mission Atlantis orbited the Earth 200 times and journeyed 5,284,862 miles.

The all veteran crew of space flyers comprised of Shuttle Commander Chris Ferguson, Pilot Doug Hurley and Mission Specialists Sandra Magnus and Rex Walheim.

. . .

“Mission complete, Houston,” radioed Commander Ferguson. “After serving the world for over 30 years, the space shuttle has earned its place in history. It’s come to a final stop.”

See also:
‘Mission complete, Houston’
Atlantis’ triumphant swan song ends NASA’s 30-year space shuttle program
Space shuttle Atlantis in final dawn touchdown to end 30 year programme
Space shuttle era ends with touchdown of Atlantis
Crowd Welcomes Home, Thanks Final Shuttle Crew
Atlantis makes perfect final landing
Final Space Shuttle Crew Leaves Plaque on Atlantis
Shuttle photographers capture last landing of Atlantis
Space shuttle Atlantis’s final flight in pictures
A bittersweet end to the space shuttle program
After shuttle lands, Mission Control to go quiet
Lights go dim at Mission Control
Space Shuttle’s End Prompts Doubts About NASA’s Future
Grounding an exciting, perilous 30-year adventure

Yes, it’s sad that America’s manned space program is effectively grounded for the time being and that thousands of jobs will be lost. However, the space shuttle was arguably America’s most dangerous manned space vehicle, costing 14 lives over three decades.

/the shuttles are old, costly to fly and maintain and, in my opinion, it’s well past time for their retirement, they belong in museums, not in space, we need to move on to newer, safer, and more efficient space travel technology

Waddling Back To The Trough

Here comes a squealing Fannie Mae, begging to suck on the taxpayer teat yet again. Hey, I know, let’s throw some more good money after bad.

Fannie Mae Seeks $8.5 Billion in U.S. Aid After Reporting Loss

Fannie Mae, the mortgage-finance company operating under U.S. conservatorship, will seek $8.5 billion in Treasury Department aid to balance its books after reporting a $6.5 billion loss in the first quarter.

Fannie Mae is requesting the money to eliminate a net worth deficit of $8.4 billion for the three-month period that ended March 31, according to a Securities and Exchange Commission filing today. The $6.5 billion loss for the quarter compares with an $11.5 billion shortfall in the same period a year ago.

. . .

Fannie Mae’s smaller rival, Freddie Mac of McLean, Virginia, posted a $676 million first-quarter profit on May 4. Freddie Mac reported a net worth of $1.2 billion and didn’t request additional aid.

The two companies, which own or guarantee more than half of U.S. single-family mortgages, have drawn more than $160 billion in Treasury aid since September 2008, when they were seized by the federal government amid losses that pushed them to the brink of insolvency.

See also:
Fannie Mae Falls Back Into the Loss Column
Fannie Mae to ask $8.5bn of Treasury
Fannie Mae seeks $8.5 billion from taxpayers
Fannie Mae Posts Deep Loss
Fannie Mae requests additional 8.5 billion dollars in government aid
Fannie’s Friday Earnings Release: $8.7-Billion Loss

And who’s responsible for this financial black hole?

Why are we continuing to prop up this bull[expletive deleted]? Let Fannie Mae fail. How much worse can the housing market get? In fact, the government’s insistence in meddling in the housing market. led by the Democrats, only prolongs the inevitable and prevents the free market from sorting itself out.

/take away the trough, wean Fannie Mae from the taxpayer teat, vote Republican in 2012, it’s the only way to be sure