WW3

Let's see if Obama can negotiate with a mental patient. A true test of skill. It doesn't matter if he succeeds because our missile defense system may work.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aGjZayXyqTxc&refer=worldwide

U.S. ‘Likely’ Could Intercept North Korean Missile (Update1)

By Tony Capaccio

May 29 (Bloomberg) -- U.S. ground-based interceptor rockets would “likely” knock out a long-range North Korean missile before it could reach the American mainland, the Pentagon’s independent testing official said today.

“I believe we have a reasonable chance” of an intercept, Charles McQueary, director of operational test and evaluation, said in an interview as North Korea defied international condemnation of a nuclear test with another short-range missile launch.

“I’d put it ‘likely’ -- than ‘highly likely’ -- as opposed to putting it ‘unlikely,” he said on his last day in office after almost three years as the top weapons evaluator for the Defense Department.

McQueary’s office monitors and critiques the effectiveness of the nascent Boeing Co.-managed $35.5 billion ground-based system of what is now 28 interceptors placed since mid-2004 in silos at Fort Greely, Alaska, and Vandenberg Air Force Base, California.

North Korea on April 4 attempted to launch a satellite on what some analysts said was a three-stage rocket capable of carrying a warhead that might reach the U.S. The reclusive regime has launched six short-range missiles this week that, while not able to strike the U.S., have refocused attention on American defenses.

Preparations at Site

A defense official in Washington said there is no major movement of personnel and equipment at a North Korean site to suggest that a second long-range missile launch is imminent. The official said there is activity that points to possible preparations for a launch by August.

“There’s been very little testing so far” of the U.S. ground-based system compared with other missile-defense platforms, such as those on ships, McQueary said. “I wish we were further along, but we are not.”

Still, “if North Korea launched a missile or two against us, we wouldn’t sit back and say, ‘I wonder if we have enough test data in order to launch,’” McQueary said. “We would launch.”

Multiple Shots

In that scenario, the U.S. would likely launch multiple rockets at the incoming missile to raise the chance of an intercept, he said.

The ground-based Midcourse Defense system is a network of interceptor rockets linked by satellites, radar and communications networks. Chicago-based Boeing is the prime contractor. Northrop Grumman Corp., Raytheon Co. and Orbital Sciences Corp. are the top subcontractors.

The ground-based system, counting a December test, has had eight successful intercepts in 13 attempts since 1999.

Defense Secretary Robert Gates limited the number of interceptors that will be placed in the ground to 30 from 44 in April as part of an overhaul of defense programs. Gates said 30 is an adequate number to handle a North Korean threat.

AMERIKA

I don't usually post about the news but I found this article amazing. It takes PRAVDA to tell the truth about AMERIKA.

http://english.pravda.ru/opinion/columnists/107459-0/

It must be said, that like the breaking of a great dam, the American decent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people.

True, the situation has been well prepared on and off for the past century, especially the past twenty years. The initial testing grounds was conducted upon our Holy Russia and a bloody test it was. But we Russians would not just roll over and give up our freedoms and our souls, no matter how much money Wall Street poured into the fists of the Marxists.

Those lessons were taken and used to properly prepare the American populace for the surrender of their freedoms and souls, to the whims of their elites and betters.

First, the population was dumbed down through a politicized and substandard education system based on pop culture, rather then the classics. Americans know more about their favorite TV dramas then the drama in DC that directly affects their lives. They care more for their "right" to choke down a McDonalds burger or a BurgerKing burger than for their constitutional rights. Then they turn around and lecture us about our rights and about our "democracy". Pride blind the foolish.

Then their faith in God was destroyed, until their churches, all tens of thousands of different "branches and denominations" were for the most part little more then Sunday circuses and their televangelists and top protestant mega preachers were more then happy to sell out their souls and flocks to be on the "winning" side of one pseudo Marxist politician or another. Their flocks may complain, but when explained that they would be on the "winning" side, their flocks were ever so quick to reject Christ in hopes for earthly power. Even our Holy Orthodox churches are scandalously liberalized in America.

The final collapse has come with the election of Barack Obama. His speed in the past three months has been truly impressive. His spending and money printing has been a record setting, not just in America's short history but in the world. If this keeps up for more then another year, and there is no sign that it will not, America at best will resemble the Wiemar Republic and at worst Zimbabwe.

These past two weeks have been the most breath taking of all. First came the announcement of a planned redesign of the American Byzantine tax system, by the very thieves who used it to bankroll their thefts, loses and swindles of hundreds of billions of dollars. These make our Russian oligarchs look little more then ordinary street thugs, in comparison. Yes, the Americans have beat our own thieves in the shear volumes. Should we congratulate them?

About this Forex Blog

I hope this blog helps everyone make money in these tough times. There are many brokerages that will let you trade with micro mini accounts. Although it may take time to build up the account these small amounts allow almost anyone to make money in this market.

Forex Trades

New Trades for Today:

None

Open Orders:

EUR/USD Buy 1.4074
AUD/JPY Buy 76.48
USD/JPY Sell 93.61
AUD/USD Buy 0.7914


Open Trades:

USD/CHF, USD/CAD, GBP/USD, GPY/JPY, EUR/JPY, CAD/JPY

Closed Trades since previous posting:

None

Forex Trades

New Trades for Today:

EUR/USD Buy 1.4074
AUD/JPY Buy 76.48 (Price Modified from previous post)

Open Orders:

EUR/JPY Buy 135.14
USD/JPY Sell 93.61
AUD/USD Buy 0.7914
CAD/JPY Buy 86.15

Open Trades:

USD/CHF, USD/CAD, GBP/USD, GPY/JPY

Closed Trades since previous posting:

EUR/USD

Trades for Today

New Trades for Today:


USD/JPY Sell 93.61
AUD/USD Buy 0.7914
AUD/JPY Buy 75.21
CAD/JPY Buy 86.15


EUR/USD, EUR/JPY, USD/CHF, USD/CAD, GBP/USD and GBP/JPY are open trades.

Currency Strength and Weakness

The Strongest Currency:

British Pound

The Weakest Currency:

US Dollar

Stay Long on the GBP/USD Pair. Trend is unlikely to change without unexpected news.