"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Monday, January 28, 2008

Unhappy Anniversary

The space shuttle Challenger explodes shortly after lifting off from Kennedy Space Center - Jan. 28, 1986.

The Rogers Commission appointed by President Reagan found that NASA organisational culture and decision-making processes were the key contributing factors to the accident and deaths of all 7 astronauts including teacher Christa Mc Auliffe . NASA managers knew Morton Thiokol 's design of the Solid Rocket Boosters contained a potentially catastrophic flaw in the O-rings since 1977, but they failed to address it properly. Jay Greene, flight director and the launch team ignored warnings from engineers about the dangers of launching on such a cold day.

The Space Shuttle program and it's funding have never recovered.

Rogers Commission member, physicist Richard Feynman was to say later ... "For a successful technology, reality must take precedence over public relations, for nature cannot be fooled."

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(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish