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Hank Paulson Is A Criminal - Pass It On

"The Federal Reserve Is A Ponzi Scheme"

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Bernanke's Replacement: Happy Hour In Santa Cruz

Must See: National Debt Road Trip

"Of Course We're Not Going To  Payback the Chinese."

Dave Chappelle On White Collar Crime

Carlin: Wall Street Owns Washington

SLIDESHOW - Genius Signs From Irish IMF Protest

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The $400 Billion Military Jet That Can't Fly On Cloudy Days

The $400 Billion Military Jet That Can't Fly in Cloudy Weather

100th F-35 Being Built, None Yet Operational

In January, the Lockheed Martin production facility in Fort Worth, Texas, reported it was well along "in the final phase of building the wings" of the 100th F-35 constructed by the Bethesda, Maryland, company.  Of the first 99 F-35s, none are yet operational.

The F-35 isn't even close to fully operational - it can fly only on sunny days.  It can't fly at night.  And it can't fly in clouds or near lightning.  We know this because the Pentagon tells us so, in a report written for the Secretary of Defense by the Director of Operational Test and Evaluation, J. Michael Gilmore.


Scroll down for huge video collection.


Evening links.

Reuters Employee Says He Was Fired For Talking To FBI About Insider Leaks At Reuters

Twenty-year hiatus in rising temperatures has climate scientists puzzled

TaxProf Blog: The IRS Had No Authority to Waive Rules for GM, AIG, And Citigroup

White House Claims 70% Principal Reductions In Latest HAMP Report | HousingWire

The Apple China showdown

Chinese Billionaire Held In Triple Murder Case

Giving Parking Tickets to Drug Companies - The Economics of Pharmaceutical Safety

How TurboTax Fought Free, Simple Tax Filing - ProPublica

A Bipartisan Effort To Break Up The Big Banks Could Have Success - Bloomberg

Bill Gross Says He, Buffett And Soros Got Lucky

Former Goldman Sachs trader faces 20 years in jail while firm pays a fine

Steven Cohen’s Ex-Wife Has Her Suit Against Him Reinstated - Bloomberg

The ex-wife of SAC Capital Advisors LP founder Steven A. Cohen won reinstatement of most of a lawsuit in which she seeks $8.25 million in damages based on claims the hedge fund is “the product of an ongoing racketeering scheme” that engaged in insider trading.



Philly Fed Chart: Dark green is the strongest growth

Only three states contracting, latest Philly Fed data show

Cyberattacks Abound Yet Companies Tell SEC Losses Are Few - Bloomberg

Bundesbank Report: The greatest risk takers among bankers are women

Draghi says there's no way out of the euro

Portugal puts euro breakup trade back on table

Spain's Princess Christina officially named as suspect in corruption case

France's former budget minister admits lying about secret offshore account

Enron CEO Skilling Could Be Released From Prison Early – Consumerist

Obama budget to target wealthy IRAs

Virginia Governor Scandal - Feds Look Closer at Cash Source in McAuliffe Scam

Americans Seize 2nd Chance Mortgages After Foreclosure - Bloomberg

Mining Your iPhone for Gold & Silver- The Infographic | SilverDoctors.com

Trojan virus takes over computers and forces them to mine for Bitcoins



Bonus video related to the F-35 pentagon story.

Scene from the movie Pentagon Wars.

Bradley Fighting Vehicle Evolution



Europe is a mess.  Thatcher was right about the Euro.

Niall Ferguson on Bloomberg yesterday.



$4M Is the Median Price of a NYC Luxury Apartment



SeaWorld Files to Raise $540M in IPO



Gold and Silver Jump on Stimulus Speculation



Why Is Google Wiring Austin with High-Speed Fiber?

April 9 (Bloomberg) -- Google will plan to offer high-speed Internet access in Austin, Texas, extending the reach of its network that is more than 100 times faster than some broadband services.



The first cell phone.  The most hyped phone of all time.



Fed President Janet Yellen on QE Moderation

Start watching at 30 seconds.




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Reader Comments (21)

No offense to them - but those chinese peasants make bad aeronautical engineers :(

Maybe the navy can convince Iran to fly these, since their new laser wont work on cloudy days either :)
Apr 10, 2013 at 5:03 PM | Unregistered Commentercitizen
Apr 10, 2013 at 5:56 PM | Registered CommenterDailyBail
A.D.H.D. Seen in 11% of U.S. Children as Diagnoses Rise


Completely ridiculous.
Apr 10, 2013 at 5:57 PM | Registered CommenterDailyBail
Judge rules Stockton, Calif., to enter bankruptcy


SACRAMENTO, Calif. (AP) — The people of Stockton will feel financial fallout for years after a federal judge ruled Monday to let the city become the most populous in the nation to enter bankruptcy. But the case is also being watched closely because it could answer the significant question of who gets paid first by financially strapped cities — retirement funds or creditors.
Apr 10, 2013 at 5:58 PM | Registered CommenterDailyBail
Apr 10, 2013 at 5:59 PM | Registered CommenterDailyBail
Apr 10, 2013 at 6:01 PM | Registered CommenterDailyBail
Apr 10, 2013 at 6:10 PM | Registered CommenterDailyBail
Critical Warning No. 13: Stockman’s ‘Apocalypse’


Paul Farrell
Apr 10, 2013 at 6:11 PM | Registered CommenterDailyBail
China public telling officials to jump in a lake


Check out this photo.
Apr 10, 2013 at 6:13 PM | Registered CommenterDailyBail
Apr 10, 2013 at 6:16 PM | Registered CommenterDailyBail
The IRS Had No Authority to Waive NOL Rules for GM (and AIG, Citigroup)

Think wind...

Now for something that can fly on clear or cloudy days...

Apr 10, 2013 at 8:09 PM | Unregistered Commenterjohn
The Israelis stold and sold the tech data to China before the paint had even dried.
Apr 10, 2013 at 9:42 PM | Unregistered Commenterhp
Maryland raises gas taxes to fund projects to add more pavement that will cause runoff into the bay. The Washington Post is very happy to tell me how glad I should be about the state of affairs on this subject, which of course I am.


And in a case of in your face my local reps decide they want to add even more pavement over an existing wetland and more runoff into the bay. Cost is a chump assed $50 mil. Fuck it, it’s pocket change for a dumbass such as myself.


Maryland passes strict gun control law.


And after stiffing the tax payer to pay for water run off and raising taxes on gasoline and other dumb shit Lord Cuntlory decides to take a tax payer funded fucking trip to Disneyland, er, Denmark for a circle jerk of congradu fucking lations.


One can only hope that Lord Cuntlory comes into contact with anal warts, then have to explain to his bride how this came to be.

Apr 10, 2013 at 10:24 PM | Unregistered CommenterSKINFLINT
Nice, john. That was bicycle porn.


I used to ride quite a bit, before I started the website.
Apr 11, 2013 at 12:08 AM | Registered CommenterDailyBail
Getting mine tonight. Signed up for a 150 mile event.
Apr 11, 2013 at 6:19 AM | Unregistered CommenterJohn
150 miles. John you are nuts.
Apr 11, 2013 at 7:29 AM | Unregistered CommenterSKINFLINT
I lost my virtue and my mind. I'm enjoying every minute of it and I'm not going to look for them either!
Apr 11, 2013 at 10:05 AM | Unregistered CommenterJohn
This was intentional. It matters not why. Look at what the swine of America chooses for their leaders. Self righteous pigs, or self righteous pacifists.
Apr 12, 2013 at 12:55 AM | Unregistered CommenterHoward T. Lewis III

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