Tag Archives: Failure

Dismal Scientists Cheer Up on 2011 – No Worries, Party On

By Numerian posted by Michael Collins

The consensus is in and there is strong agreement: the US economy is on the path to a sustained recovery. 2011 will be a year of surprises on the upside, and 2012 will be even better. Among a list of the top 25 economists surveyed, not one of them predicts a recession in 2011. There is hardly any investment strategist or economist to be found who sees any risks serious enough to derail the US economy. Here is just a sample of the consensus thinking that is to be found in end-of-the year forecasts: (Image)

*Economists in universities and on Wall Street have raised their growth projections for next year. Retail sales, industrial production and factory orders are on the upswing, and new claims for unemployment benefits are trending downward. Despite persistently high unemployment, consumer confidence is improving. Large corporations are reporting healthy profits, and the Dow Jones industrial average reached a two-year high this week. – New York Times Continue reading

Afghan Leaders Call Surge, “Imbecilic and Tragic”

Veterans Today February 14, 2010         by Gordon Duff ·

WRONG REGION, WRONG ENEMY, WRONG TACTICS, BAD ADVICE

AMERICA RECRUITING 10,000 TERRORISTS A DAY IN AFGHANISTAN

By Gordon Duff STAFF WRITER/Senior Editor

“We have millions of young men coming of age, America doesn’t realize this.  Each one will become a fighter with one purpose in life, to free their country and drive out foreign invaders.  Each child you see will be a trained soldier with a Kalashnikov.  We will fight for a century if we have to.  Ask Britain, ask Russia, they know. Why did America have to come here, join with criminal elements, brutal drug lords, mass murderers, people whose only history is brutality toward their own, why was America so stupid as to think we would respect them when they and their stooges rain bombs down on our children?”

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Systemic Failures, by Design

designed to fail

Sunday 31 January 2010

by: Mark Montgomery, t r u t h o u t | Op-Ed

Over the past dozen years, the US has experienced a series of dangerous and costly systemic failures throughout our security and regulatory framework. The unfettered bubble in technology, missed opportunities to prevent 9/11 – leading to two ongoing wars, the tragic response to Katrina, the largest financial crisis in history, the Fort Hood massacre and the “underwear bomber” incident on Christmas Day all share one commonality.

In each of these cases, data had been collected by US government agencies that contained a high probability of either entirely preventing or substantially mitigating each event, if only the information had been recognized and acted upon within the window of time allowed by circumstances. In case after case, repeated warnings by recognized experts, sourced internally and externally, were ignored or suppressed.

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