When is secure really secure? The nation is still in uncharted waters.
To highlight National Cyber Security Month, U.S. Homeland Security Secretary Michael Chertoff expressed his desire for an aggressive computer infrastructure that would provide an aggressive defense, much like an anti-aircraft weapon.
The initial effort of the federal government, often referred to as Einstein, was designed protect the government computer network from internet and computer attacks by limiting the number of... Read Full Story
To highlight National Cyber Security Month, U.S. Homeland Security Secretary Michael Chertoff expressed his desire for an aggressive computer infrastructure that would provide an aggressive defense, much like an anti-aircraft weapon.
The initial effort of the federal government, often referred to as Einstein, was designed protect the government computer network from internet and computer attacks by [...] Read Full Story
The first bailout was largely unpalatable to Congress, largely because of the reaction of taxpayers. Their rejection of the first bailout also makes lawmakers appear responsible, careful and in control. Don’t kid yourself. A healthy chunk of pork-barrel spending makes almost any Washington legislation go down much easier.
Yesterday, the Senate tacked an additional 341 pages [...] Read Full Story
Interbank lending, credit to businesses and individuals has seized up. Central banks have injected billions of dollars to maintain some flow of funds, endangering the stability of the dollar.
French Prime Minister Francois Fillon is hosting an emergency summit with Italian, British and German leaders on October 4. Fillon claims that only collective action are capable [...] Read Full Story
bailout poker face
The U.S. House of Representatives approved the U.S. financial bailout or rescue plan by a vote of 263-171. Who are they really playing to? George Bush said it best: “We have shown the world that the United States of America will stabilize our financial markets and maintain a leading role in the global economy.” The reference to “our” is all about overseas foreign investment. That investment is what politicians are looking at to sustain the nation. The sole hope of America... Read Full Story
A chunk of pork-barrel spending sweetens the bailout deal by Congress.
Is pork good economic medicine?
The first bailout was largely unpalatable to Congress, largely because of the reaction of taxpayers. Their rejection of the first bailout also makes lawmakers appear responsible, careful and in control. Don’t kid yourself. A healthy chunk of pork-barrel spending makes almost any Washington legislation go down much easier.
Yesterday, the Senate tacked an additional 341 pages onto the original... Read Full Story
And now the rest of the story. The U.S. Senate and House have approved and passed the latest U.S. bailout miracle. How will the nation benefit? The rest of the story is there will be very little difference except that the current power structure will remain in place. That, America is exactly what all the [...] Read Full Story
The White House, Treasury Secretary Henry Paulson, Congressional leaders coupled with candidates McCain and Obama, kept up a steady drumbeat of support for the ultimate bailout plan that has yet to materialize. For the moment, the U.S. political perception is that the world markets are stabilized. The reality is that on the surface, stability is [...] Read Full Story
Sarah Palin is clearly not the stuff of Presidential politics. Observations by Leon Walker.
I sincerely hope Governor Sarah Palin makes a really good moose burger. If she is a great mom and a really good friend and daughter, that’s great too. If she is a wonderful wife… well, that’s fantastic. Building a great moose burger and all of the rest are not the stuff of Presidential politics.
In my attempts to maintain my focus on the actual Presidential campaign and in discussions with friends I... Read Full Story
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