"“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

Sunday, April 06, 2008

US$2.2 Bn B2 bombers grounded since Guam crash - B1 bomber burnt out on landing in Qatar.


The US$2.2 Billion B-2 Spirit of Kansas crashed on Feb. 23 at Anderson Air Force Base, Guam . It had logged more than 5,000 flight hours and 1,036 sorties before Feb. 23, and it was "renowned in the maintenance community for being a great jet," said Col. Bob Dulong, the 509th Maintenance Group commander. The wreckage is still there and being examined.

It was the first of the 21 nuclear bombers that has 2 drivers to crash in 20 years. Amazingly out of 14,000 sorties, and 17,000 logged flying hours the B-2 has only flown 100 combat sorties over Kosovo, Iraq, and Afghanistan and can carry a bomb load of 22 tons max. say, two hundred 250 pound SDB smart bombs

Since Spirit of Kansas crashed , B-2's haven't flown. One report says they are ready to fly instantly although at any time 5 of the planes are not available because of maintenance / uprating etc.,

On Friday a B1 Lancer bomber landing Al-Udeid Air Base , Qatar caught fire at the end of the runway after taxi-ing and some munitions exploded. The crew evacuated safely.

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