Martin 8 (Stephen, President of the Philemon Foundation, 11/30/8, http://www.counterpunch.org/smartin11282008.html) JPG
When the decision was taken to allow Lehman Bros (7.1 trillion in derivatives – all figures taken from OCC’s Quarterly Report on Bank Trading and Derivatives activities, June 30 2008) to go under, unlike that as with Freddie Mac and Fannie Mae, AIG and now Citigroup (37.1 trillion in derivatives), the full nature of consequences were as unseen. The first factor was that the Europeans elected not to buy up the ‘toxic’ debt as had been circulated as a weapon of financial mass destruction, but to take equity in ‘their’ banks. The second factor is that the system of ‘Global Finance’ is not just something that can be switched on or off at will, like a light bulb, change of name ‘overnight’ of supplier on power station courtesy of corporate takeover, new terms as applied, normal service resumed - and apologies for any inconvenience issued. The third factor that there is always the unknown when one is dealing with ‘mass destruction’ – and this particularly the case in dealing with ‘psychological’ aspect; as in consequence of ‘Shock and Awe’ - and the chain reaction of a derivatives market unfolding. This small article examines the parallel which exists in the ‘dropping’ of a financial weapon of mass destruction with the explosion of a nuclear device, and in particular the EMP or ‘electromagnetic pulse’ as psychological counterpart in economic warfare to the paralysis of electronic circuitry caused by EMP in conventional thermonuclear warfare, parallel being as of ‘circuitry’ neurophysiological in economic warfare. The ‘scorched earth’ of economic warfare is that of belief destroyed; buildings may be left intact, environment habitable and ripe for ‘invasion’ - but still there be ‘debris’; form of belief, ruination psycho political, and requirement of currency transfusion in the invasion or defense? As figurehead, but an important one at that, Henry Paulson has much to answer for, but less than the organ grinders behind same. It still wide open to speculation as to the nature of the machinations surrounding the creation and circulation of CDO’s and CDS’s as financial weapons of mass destruction, and the rationale underlying the selectivity of allowing certain institutions to fail while ‘rescuing’ others, results still to be seen thereof - courtesy of psychology in form of ‘shock and awe’? The opinion represented herein this small article is that drawing heavily upon insight Jeffersonian concerning financiers as those who prefer ‘demoralizing pursuit’, rather than the insight of those inclined to interpret the current financial meltdown in progress as but product of lack of regulation and the action of a few reckless, albeit powerful individuals under ignorant greed. Call the latter the ‘lone gunmen’ account of assassinations financial as opposed to the ‘scheming and co-ordinated warfare’ theory concerning same; or madness pure and simple, as opposed to there being method in the madness; and scheming gone agley. Regardless of how called this much holds, this much verifiable; as a result of meltdown financial power in America has been consolidated into fewer hands. There has been a further concentration of wealth which is anathema to Democracy. Let us be clear about this one demonstrable fact. JP Morgan Chase (91.3 trillion in derivatives), and Bank of America (39.7 trillion in derivatives) now have more control of Finance in America than ever before, and it was unprecedented that the American Government was held to ransom by such as Henry Paulson in his demand for release of funds from the public coffers, and complete control over same; issues of transparency aside.
EMP ! – Satellites Module (1/2)
EMPs kill products that use electricity – specifically satellites
At the extreme, the type of EMP considered here delivers a burst of energy to any metallic surface within a direct line of EMP origin, particularly those exceeding one meter in length. These metal objects act like antennae and conduct a surge of energy along their span. The types of objects that act like antennae in these situations include electrical power and telephone lines, pipelines, airplanes, cars, and trucks. Because EMP bursts are typically associated with high altitudes, they are also likely to affect satellites within a direct line of EMP origin.
Satellites key to solve warming
Lewis 10 (James Andrew, Dir. and Sen. Fellow of Tech @ CSIS, PhD @ Chicago U, 6/9/10, http://csis.org/publication/climate-change-and-earth-observation-executive-summary) JPG
Until this year, America’s civil space policies—and the budgets that derive from it—were shaped to a considerable degree by the political imperatives of the past and by the romantic fiction of spaceflight. We believe there is a new imperative—climate change—that should take precedence in our national plans for space and that the goal for space spending in the next decade should be to create a robust and adequate earth observation architecture. There is unequivocal evidence, despite careless mistakes and noisy protests, that the earth’s climate is warming. While the effects and implications of this are subject to speculation, there should be no doubt that the world faces a major challenge. There are important shortfalls in data and analysis needed to manage this challenge. Inadequate data mean that we cannot determine the scopeor nature ofchange in some key areas, such as the extent of Antarctic sea ice. Long-term changes in daily temperature are not well understood, in part because of limited observations of atmospheric changes. An understanding of how some anthropogenic (man-made) influences affect climate change is still incomplete.1 These shortfalls must be remedied, if only to overcome skepticism and doubt.Climate change now occupies a central place on the global political agenda, and the United States should adjust its space policies to reflect this. Assessing and managing climate change will require taking what has largely been a scientific enterprise and “operationalizing” it. Operationalization means creating processes to provide the data and analysis that governments will need if they are to implement policies and regulations to soften the effects of climate change. Operationalization requires the right kind of data and adequate tools for collecting, analyzing, and disseminating that data in ways that inform decisionmaking at many levels of society. Satellites play a central role in assessing climate change because they can provide a consistent global view, better data, and an understanding of change in important but remote areas. Yet there are relatively few climate satellites—a total of 19, many of which are well past their expected service life. Accidents or failures would expose the fragility of the earth observation system.2 We lack all therequiredsensors and instruments for the kinds of measurement that would make predictions more accurate and solutions more acceptable. Scientists have made do by using weather satellites, which take low-resolution pictures of clouds, forests, and ice caps, but the data these satellites provide are not adequate to the task.Climate change poses a dilemma for space policy. The space programs needed to manage climate change are woefully underfunded. The normal practice is to call uncritically for more money for civil space and its three components—planetary exploration, earth observation, and manned spaceflight. In fact, civil space has been lavishly funded. Since 1989, NASA has received $385 billion, with $189 billion in the last decade.