Textron, the builder of a new off the shelf jet named the Scorpion writes: In an era when defence aeronautics is dominated by a handful of major fighter jet companies, Textron AirLand’s SCORPION finds a niche to squeeze into and establish a new market for itself. The SCORPION barely reached 100 flying hours when it […]
Abu Bakr Al-Baghdadi Killed?
Al-Aribya News is reporting that ISIS leader Abu-Bakr Al-Baghdadi may have been critically injured or killed in a U.S. airstrike that targeted a meeting of ISIS leadership. The strike near Mosul, Iraq killed tens of people and injured many. American forces have confirmed the strike, but haven’t given any information on Al-Baghdadi’s status. U.S. Central […]
Textron AirLand Scorpion: America’s Next Fighter Jet?
The Textron AirLand Scorpion could be the answer to over-budget planes from major suppliers. Textron writes: In an era when defence aeronautics is dominated by a handful of major fighter jet companies, Textron AirLand’s SCORPION finds a niche to squeeze into and establish a new market for itself. The SCORPION barely reached 100 flying hours when […]
VIDEO: Obama’s All Done
In his post-midterm election speech, President Obama’s demeanor makes clear that he understands what Americans understand, that he’s all done.
Trojan Virus: America’s Infrastructure at Risk
A malicious Trojan horse virus has been inserted into systems controlling America’s infrastructure. ABC reports that the systems were penetrated by hackers backed by the Russian government. The threat to America’s infrastructure isn’t new and policymakers and corporations utilizing vulnerable systems should have gotten ahead of this years ago. Here at Richardcyoung.com we’ve been warning about […]
A Step in the Right Direction on Ebola
The Obama administration has taken a small step in the right direction on preventing Ebola from reaching U.S. shores. The Department of Homeland Security has narrowed down the ports of entry for travelers from Liberia, Guinea and Sierra Leone to five airports including: Dulles, JFK, Newark, O’Hare and Atlanta. Reuters reports: Affected travelers will have […]
Will Crashing Markets End Democrats’ Control?
Is the fate of the Senate hanging on the outcome of stock and bond markets? Turbulent markets are shaking investors’ confidence and putting the economic management of the Obama administration under a microscope. Will it affect Democrats in November? James Pierson at Real Clear Politics writes: The stock market correction may prove to be the […]
Thoughts on the Markets
Volatility has picked up in financial markets in recent weeks. It is still mostly noise at this point, but the sell-off has done damage to the technical picture of the market. The NYSE Advance/Decline line for stocks is in the tank, key moving average levels, support levels, and trend channels have been breached by various […]
Guess How Many Missiles Iraq Wants
Defense Industry Daily reports that the war in Iraq has been using up the country’s supply of Hellfire missiles. These laser-guided missiles are produced by Hellfire Systems LLC, a subsidiary of Lockheed Martin. Iraq has been firing them from its fleet of AC-208B Combat Caravan prop planes, but may be requesting a large order of […]
Escalation in Syria Inevitable?
Daniel Larison at The American Conservative writes that the President may have trapped himself into inevitable escalation in the war in Syria. Vietnam comparisons are often perilous and potentially misleading, but the point the authors want to make shouldn’t be overlooked because of that. Presidents trap themselves into pursuing unwise escalation in foreign wars because […]
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