Wednesday, January 23, 2013
Media Ignores GAO Report: Deficit Unsustainable
It's obvious Obama has no intention to make spending reductions a second-term priority. In fact, one could reasonably argue Obama's speech was the announcing of his intent to further grow the size and influence of government.
Where, though, is the media? Not only is the media covering up the GAO warning, but as of now the media's covering it up as Obama recklessly pursues a path that flies in the face of the report's most urgent warnings:
The Government Accountability Office (GAO) reported that federal spending will drive the national debt to “unsustainable” levels in the coming decades, fueled by ever-rising health care costs and federal entitlement spending.This collusion between Obama and a media's that's supposed to hold him accountable is not going to end well.
“The growing fiscal imbalance is driven on the spending side by rising health care costs and the aging of the population,” the GAO said in its report, The Federal Government’s Long-Term Fiscal Outlook, Spring 2012 Update.
Furthermore, "[d]espite limits on discretionary spending that would bring discretionary spending to levels not seen in recent history, our simulations show total federal spending continuing to exceed revenues and feeding an unsustainable growth in debt," states the report. "The policy actions required to close the fiscal gap are significant, and changing the long-term outlook will likely require difficult decisions about both federal spending and revenue."
In tune and in unison, both are whistling past the graveyard.
It's all okay, though, because Obama said "gay" in his speech yesterday.
Tuesday, January 22, 2013
Obama Closing Air Defense System on U.S./Mexico Border: Texas & America Vulnerable to Attack from Low Altitude Missiles and Aircraft
Call your Congressmen and Senators immediately and demand that the
recent budget cuts do not affect the security of America’s borders. The
Federal Government wastes billions of dollars on things they should not
even be involved in, but securing our country’s borders is one of the
jobs that the federal government is actually supposed to do!Obama has always pushed massive cuts in the military as part of any budget cuts he will accept in fiscal deals. Obama seems to be getting what he wants, and it will leave America’s borders vulnerable to attacks and other infiltrations.
Air Force’s Air Defense Radar Systems along U.S./Mexico Border will SHUTDOWN on March 15th, 2013
On January 17th, 2013, Exelis Systems Corporation sent out an email (see email below) to all of its employees informing them that on March 15th, 2013 all TARS Air Defense Mission Operations will permanently cease. These TARS Air Defense sites were under the control of the United States Air Force. On January 15th, 2013, the Air Force informed Exelis (the defense contractor running the TARS sites) that the TARS sites will be shut down. Exelis tried to then negotiate with the Department of Homeland Security to see if they would take over the vital project, but it seems as though those negotiations have failed. What does this mean?
This means the southern border of the United States of America will be more vulnerable to attack from low flying aircrafts, low altitude missiles, and other infiltrations such as smuggling.
Speaking on the condition of anonymity, one Exelis employee had this to say about the announced closure of the TARS sites:
“Not only will this closure mean hundreds of people will be out of jobs, but it also means our borders will not be safe, especially along the remote U.S. Mexico Border like in Texas. These defense radars detect low flying aircraft infiltrating our borders. Without these defense radars, low flying aircraft will go undetected. It will be open season for any drug/gun/slave smugglers, terrorists flying in with nukes, low altitude missiles, or even a full scale low elevation invasion/attack against America.”According to the Air Force’s website, the Tethered Aerostat Radar System, or TARS, is an aerostat-borne, surveillance program. Using the aerostat as a stationary airborne platform for a surveillance radar, the system is capable of detecting low altitude aircraft at the radar's maximum range by mitigating curvature of the earth and terrain masking limitations. TARS provides a detection and monitoring capability along the United States-Mexico border, the Florida Straits, and a portion of the Caribbean in support of the Department of Defense Counterdrug Program.
The primary agencies using the TARS surveillance data include U.S. Northern Command in support of Customs and Border Protection (Air and Marine Operations Center and Caribbean Air and Marine Operations Center) and U.S. Southern Command in support of Joint Interagency Task Force-South. In addition to its counterdrug mission, TARS surveillance data also supports North American Aerospace Defense Command's air sovereignty mission for the continental United States.
Email Sent to all Exelis Employees January 17th, 2013 Announcing Closure of TARS Air Defense Sites:
Subject: TARS Contract Update
Tuesday, 15 January 2013, we received a government request for a proposal (RfP) to de-scope and close the TARS program by the end of the fiscal year. The government indicated that it does not intend to exercise the final two option years for the TARS contract. In the RfP, the government also indicated its intent that aerostat flight operations will cease on March 15, 2013, and that the remainder of the fiscal year will be used to deflate aerostats, disposition equipment, and prepare sites for permanent closure. We are currently reviewing all the details of the RfP and evaluating the possible impacts on the program and our workforce. We continue to communicate with the government on this matter, and we will have more information in the coming days and weeks.
The TARS program provides a critical capability to the U.S. government and we should remain focused on providing that service in an uninterrupted and robust manner.
The best thing we can do right now is to continue to provide the outstanding TARS support that has become the Exelis hallmark, while allowing the company and the government time to continue discussions on how to best support the customer, the program, and our workforce. We will provide regular updates as we know more. Should you have a specific question, please address them to Tim Green, Program Manager.
Tim Green, PMP
Program Manager
Tethered Aerostat Radar System
Exelis Systems Corporation
Obama lets Chinese own U.S. energy resources
The decision to allow China to compete for U.S. oil and natural gas resources appears to stem from a need to keep Beijing economically interested in lending to the U.S. The Obama administration has run $1-trillion-plus annual federal budget deficits since taking office that likely will continue in the second term.
As WND reported Monday, Beijing has been developing a proposal in which real estate on American soil owned by China would be set up as “development zones” to establish Chinese-owned businesses and bring in its citizens to the U.S. to work.
China leased first oil rights in Texas
China’s first major move into the U.S. oil and natural gas market can be traced to October 2009, when the state-owned Chinese energy giant CNOOC bought a multi-million dollar stake in 600,000 acres of South Texas oil and gas fields.
Jerome Corsi exposes the globalists’ plan to put America on the chopping block in “America for Sale: Fighting the New World Order, Surviving a Global Depression, and Preserving USA Sovereignty,” available at WND’s Superstore.
Reporting the story, Monica Hatcher of the Houston Chronicle suggested China was “testing the political waters for further energy expansion into U.S. energy reserves.”
China’s purchase of U.S. oil and natural gas rights will strike millions of Americans as paradoxical, since the U.S. continues to be a net importer of approximately 60 percent of the oil consumed in the U.S.
The Chronicle reported China paid $2.2 billion for a one-third stake in Chesapeake Energy assets, with CNOCC laying a claim to a share of energy resources in South Texas that could produce up to half a million barrels of oil per day.
The Houston paper reported that as part of the deal, CNOCC agreed to pay approximately $1.1 billion for a share of Chesapeake’s assets in the Eagle Ford, a broad oil and gas formation that runs southwest of San Antonio to the Mexican border.
The Chronicle also reported that the deal with China could create as many as 20,000 jobs in the U.S. and provide the capital Chesapeake needs to increase its rig count in South Texas from 10 to 42 by the end of 2012.
China’s oil interests
Along with CNOOC, which is 100-percent owned by the communist Chinese government, Sinopec Group also is purchasing energy interests in the U.S.
Sinopec Group is the largest shareholder of Sinopac Corporation, a state-owned investment company incorporated in 1998 largely to acquire and operate oil and natural gas interests worldwide.
The Wall Street Journal recently compileda state-by-state list of the $17 billion in oil and natural gas equity interests CNOOC and Sinopec have acquired in the U.S. and Canada since 2010.
- Colorado: CNOOC gained a one-third stake in 800,000 acres in northeast Colorado and southwest Wyoming in a $1.27 billion pact with Chesapeake Energy Corporation.
- Louisiana: Sinopec has a one-third interest in 265,000 acres in the Tuscaloosa Marine Shale after a broader $2.5 billion deal with Devon Energy.
- Michigan: Sinopec gained a one-third interest in 350,000 acres in a larger $2.5 billion deal with Devon Energy.
- Ohio: Sinopec acquired a one-third interest in Devon Energy’s 235,000 Utica Shale acres in a larger $2.5 billion deal.
- Oklahoma: Sinopec has a one-third interest in 215,000 acres in a broader $2.5 billion deal with Devon Energy.
- Texas: CNOOC acquired a one-third interest in Chesapeake Energy’s 600,000 acres in the Eagle Ford Shale in a $2.16-billion deal.
- Wyoming: CNOOC has a one-third stake in northeast Colorado and southeast Wyoming after a $1.27 billion pact with Chesapeake Energy. Sinopec gained a one-third interest in Devon Energy’s 320,000 acres as part of a larger $2.5 billion deal.
China moving into Gulf of Mexico
After a difficult political struggle, China received permission last month from the Canadian government to make its largest overseas acquisition of oil and natural gas interests outside China, acquiring Canadian energy producer Nexen Inc. for $15.5 billion. In the process, China acquired Nexen oil and natural gas operations in the Gulf of Mexico in U.S. waters.
Although the deal still requires approval from CIFUS, the U.S. Committee on Foreign Investment, the acquisition of Nexen’s high-tech ultra-deepwater drilling resources in the Gulf of Mexico was a major reason China sought to acquire the company. CNOOC, a company that derives nearly all its domestic capacity from shallow waters, has announced a goal of producing 1 million barrels of oil per day from ultra-deepwater oil and natural gas facilities by 2020, more than doubling current capacity.
In 2010, China passed the U.S. to become the world’s largest energy consumer, according to the International Energy Agency. China consumed 2.252 billion tons of oil equivalent in 2009, approximately 4 percent more than the U.S.
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