"“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

Tuesday, August 19, 2008

Psst - wanna buy a (very) short range supersonic fighter ...er, well it's dropped one bomb so far ..aircraft that's taken 20 years to design , build .

UK tries to offload Typhoon fighters

The Financial Times has a most extraordinary story today - in trying to deal with a looming £2 Bn deficit - say 1/9th of the taxpayer funded "loans" that have gone down a Black Hole on the Tyne - are hawking around the Typhoon / Eurofighters the MOD have "ordered but can no longer afford." see post Saturday, May 17, 2008 Typhoon production to be halted, one carrier scrapped. see also Thursday, November 22, 2007 Typhoon Order faces Axe - Exclusive

Please note there is as yet no commitment (and probbly no money) for the Joint Strike Fighter which will litter the decks of the 2 mega aircraft carriers just commissioned.

Bae will exact severe financial penalties for cancelling or cutting Tranche three which everybody at Bae Warton has known for months will never be built. see Wednesday, April 02, 2008 Typhoon Tranche 1 final deliveries made - contract decisions loom for Tranche 3

India , Japan and Saudi are touted as likely prospects but unlikely buyers .

The Eurofighter contract, designed by lawyers to discourage countries such as Germany from cutting back orders, is written so tightly that it would be almost as cheap to take delivery of the aircraft as to incur the penalties.

To date the Eurofighter has dropped 1 (one) bomb , and that was when accompanied by a second plane that "lit" the target. Wednesday, November 21, 2007 RAF Typhoon drops bomb in sea off Wales. They can fire rockets, but fully loaded the already short range is dramatically reduced, as is the aerobatic peformance. The German machine gun is installed but will never be used.

There have been several cases of the nose wheel , which is under software control, failing to emerge when landing. Thursday, May 01, 2008 Typhoon crash - software fails.....again

2 comments:

Anonymous said...

Haha!

“Never play cards with a man called Doc. Never eat at a place called Mom’s. Never sleep with a woman whose troubles are worse than your own.” It probably goes back a long way, but Nelson Algren (in A WALK ON THE WILD SIDE) is usually given credit for it .

Let's translate this into the Queer's English:

Never buy an English car. Never eat English food. Never buy an English house. Never sleep with an English woman. And never ever take the word of honour of an Englishman.

Fool Blightannia, Blightannia fools the waves... Swish, swosh, never gave a rat's ass, there she blows.

Perfidious Albion

ziz said...

Manchester and the North West once famous for excellent engineering and the home of the Lancaster / Manchester / Halifax bombers .. major power suppliers AEI , Metroviockers does produce some very fine cylists.

Perhaps this is a cunning plot for the next missile delivery systems?

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