Profit at the big banks was off in 2011, but the pay for the heads of the big banks did not reflect this.
The word for this is sort of "Heads I Win, Tails You Lose" compensation for senior compensation is "Control Fraud," and I ache for the day then they all find themselves frog marched out of their offices in hand cuffs.
The US Army has real and current needs for transport, and the USAF response to addressing those needs is to do their beat to ensure that they are not met: (paid subscription required)
………So basically, the army has a real and current need, and the USAF's response is to hijack it, sabotage the purchases, and not deliver it.
Apparently, this sentiment does not apply to the interservice skirmishes at the Pentagon. The U.S. Army and Air Force are in the final throes of hashing out an updated agreement on the time-sensitive, direct-support airlift mission, the latest chapter in a years-long saga over how to ship supplies to remote soldiers despite two wars and one stunted buy of Alenia’s C-27J.
The agreement is being made between the chiefs of staff of both services. At issue is how the time-sensitive airlift mission will be handled; this includes the shuttling of small loads of supplies to forward Army units in the field.
………
The last installment of this tug-of-war took place in 2005 when, during his first major speech to the Air Force Association, the then Chief of Staff of the Air Force, Gen. T. Michael Moseley, announced he wanted a new light cargo aircraft. This was considered odd as the Army was in the midst of setting up its future cargo aircraft program, which was then crafted to replace old C-23 Sherpas and provide more immediate access to commanders for cargo support. At the time, the Army moved ahead with its own program because it felt that it had lackluster support by the Air Force to properly back its needs.
………
Moseley’s push, along with his similar and later move to take over the Army’s burgeoning UAV force, was seen as an abrupt roles-and-missions grab by the Air Force in the midst of these two wars. In the case of the cargo aircraft role, the USAF won.
At the direction of then-Defense Secretary Robert Gates, in 2009 the Air Force took over authority for the C-27J buy and control of the direct-support mission; service officials said they would combine the use of C-27Js and C-130s to provide cargo lift for the Army (though Army officials had long complained that C-130 support was inefficient owing to underloading of these larger aircraft).
Army officials say that in actuality, the CH-47 Chinook fleet has been unduly burdened in providing timely support because the helicopters are used to shuttle goods from C-130s that land at hubs to the remote locales where soldiers are stationed.
“The major rub to us is responsiveness and not efficiency,” says one Army official who requests anonymity. “When a part is needed at the front line, it flies” and shouldn’t have to wait for enough requests to fill a C-130, the official adds. “We are more about effectiveness than efficiency, and [the Air Force is] more about efficiency than effectiveness.”
……………
Two C-27Js were deployed to Afghanistan in late July 2011 and quickly started flying operational direct support missions, Gen. Raymond Johns said last fall. The C-27Js are apportioned to Army officials there via Tacon (tactical control), although USAF pilots fly the missions, but the C-130s are not. This means the C-27Js are specifically set aside only for intratheater/direct-support missions under Army authority. Though C-130s are used for this mission, they can be reassigned elsewhere in the area, if needed, Johns said.
Army officials are less than satisfied with the Air Force’s delays in delivering C-27Js to the field. At least six were to be in Afghanistan by now, and why they have not been deployed is the “golden question,” the anonymous Army official said.
One industry official says the Army is “trying to hold the Air Force’s feet to the fire to do what they signed up for” in the 2009 pact.
Alenia has delivered 13 of 21 C-27Js on contract. Originally, Alenia officials projected the U.S. market for the C-27J (including Army/Air Force buys) to support as many as 125 aircraft. Tierney said that in 2005, the Army’s projections set a low risk of handling the mission with a fleet of 78 C-27Js and a moderate risk at 54. When Gates shifted the C-27J program from Army control to the Air Force, the buy shrank to 38 aircraft.
Courtesy of the The Rude Pundit:
You got that? The whore who fronts for an industry owned by multinational megacorporations like NewsCorp, Sony, and Viacom is actually attacking BoingBoing.net owners Happy Mutants LLC for using the internet for some evil agenda to steal Chipmunk movies just because they went on a one-day strike. That's a bit like Ted Bundy accusing a student nurse of having a messy dorm room just before bludgeoning her to death.He is, of course, describing former Senator Chris Dodd's pimping for big media in has capacity as chief lobbyist for the MPAA.
Former House speaker Newt Gingrich scored an easy victory Saturday in the South Carolina primary, blowing a hole in Mitt Romney’s aura of inevitability.I don't think that Newt can win.
The 14-point win represented a swift and extraordinary turnaround in Gingrich’s fortunes — thanks largely to strong performances in two debates. In those forums, he issued a stirring appeal to the state’s strident conservatism, convinced its voters he would be a formidable opponent against President Obama and threw Romney off his stride.
It looks like yet another capability is being removed being removed from the JSF (Paid subscription required):
The F-35 Joint Strike Fighter, long touted as the follow-on to the EA-18G Growler electronic attack aircraft, is no longer heir-apparent as the king of nonkinetic warfare.One of the sales pitches for the JSF was that it's engine, because it carried a lot of extra hardware to drive the lift fan, which would have allowed for it to be a stealthy platform with a few dozen megawatts of capability.
The often-delayed Lockheed Martin JSF program is being more narrowly focused on its conventional attack role. Jamming is no longer a priority for the stealthy fighter. The airframes expected to carry the Next Generation Jammer (NGJ) are conventional-signature unmanned aerial systems and will be followed by stealthy unmanned designs.
The F-35 Joint Strike Fighter, long touted as the follow-on to the EA-18G Growler electronic attack aircraft, is no longer heir-apparent as the king of nonkinetic warfare.
The often-delayed Lockheed Martin JSF program is being more narrowly focused on its conventional attack role. Jamming is no longer a priority for the stealthy fighter. The airframes expected to carry the Next Generation Jammer (NGJ) are conventional-signature unmanned aerial systems and will be followed by stealthy unmanned designs.
You know, perhaps pursuing Lt. Pike and the rest of his merry band for police brutality might be a good idea.
