Feral Jundi

Monday, September 29, 2008

News: The Secret War on the Dollar by Oliver North

Filed under: Iran,News,North Korea — Tags: , , , , , , — Matt @ 9:42 PM

     Thanks to Doug for sending me this.  I was reading about these ‘super notes’ (close to perfect counterfeit dollars) awhile back, and in light of the current economic events, this is somewhat concerning.  The dollar is going to be taking lots of hits here, and these counterfeiting operations or war on our dollar will only add to the damage.  And what really sucks is this has been going on for awhile.

      I also brought up below a little history factoid about counterfeiting attacks in the past. Specifically Operation Bernhard, conducted by the Nazis against the allies during World War Two. –Head Jundi

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Counterfeit Note

A counterfeit £5 note forged by the Jewish Sachsenhausen Concentration Camp prisoners during World War 2. This was for Operation Bernhard, a Nazi counterfeiting operation designed to destabilize the British economy. 

 

Sunday, September 28, 2008

NORTH: Secret war on the dollar

Oliver North

COMMENTARY:

Last Wednesday night, President Bush addressed the nation in an effort to convince Congress to pass a bill to “reduce the risk to major financial institutions” and “safeguard American families and businesses.”

Thursday he met with Sens. John McCain and Barack Obama and other congressional leaders to build a consensus plan for bailing out our financial system. The potentates on the Potomac are now pondering the price-tag for saving Wall Street. Unfortunately, corrupt officials in other capitals are also hard at work undermining what’s left of the U.S. dollar – by printing and distributing their own versions of American currency.

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Saturday, September 27, 2008

News: US Mint Suspends Sale of 24-Karat Gold Coins

Filed under: News — Tags: , , , , , , — Matt @ 1:18 PM

 

     I think this is an interesting story, and we need to talk about it on Feral Jundi.  I don’t want to be an alarmist, but I do think it is important to at least discuss some of this stuff that is on everyone’s mind.  I also think it is relevant to the security contracting industry in a number of ways.  The reason being is that security is directly related to the economy. If the client can’t afford you, then you are a luxury that they will go without or pay peanuts to get something substandard.  The question I have is how will this impact the contracts currently in play overseas? Will they cut back to save a dime in a war zone?  Kind of dangerous, and we’ll see.

    The other factor that is interesting is that we will probably see an uptick in veterans that were trying to get jobs in the civilian industry, that now are wanting to get back into the combat arms trade because of the economy.  They will either try to get private contracts, or re-enlist back into the military.     

    One area that should increase as a result of this stuff are contracts dealing with guarding gold assets or being involved with gold mining expeditions in places such as Africa or South America.  As the value of gold increases, the demand for the yellow stuff will drive up the price and industry will seek it out.  Crime will go up too, as will the danger of handling and transporting of gold.

     We might see more work in places that the companies viewed as too risky to operate in the past, but now make sense because of the potential profits.  You see the same thing with oil or diamonds.    

     Also, it wouldn’t hurt to have some gold in your financial portfolio.  Holding mining stocks, or actually buying gold is a great way to hedge against the dollar.  As you can see, there are a lot of folks out there with the same idea.  Could we see a world wide push to get back on a gold standard, instead of messing around with the various fiat systems? Who knows, but it will be interesting to watch.  If this bail out plan does not work, and the economy collapses, we could see the price of gold sky rocket and the dollar just become more worthless.  Interesting times. 

     Now if you are going to buy gold coins, the ones that I have heard are the best are the Eagle Coins that the US Mint produces.  Even the smaller Eagles would be a good idea, just so you can sell at smaller amounts.  But really, there are all sorts of options with gold coin and bullion. 

     You can even get into gold prospecting, with a small investment in either a metal detector or gold pan/sluice box.  It’s actually kind of fun, but can be a lot of work.  In the US, places like Nevada and Arizona are pretty good for metal detectors.  Internationally, I have heard Australia is pretty thick with the yellow stuff.  In war zones, Iraq is more of an old coin type of place, but Afghanistan is pretty thick with gems and gold.  And then there is Africa, which has always been thick with wars and mineral wealth.  Lots of options out there to help you get through this deal and good luck. –Head Jundi 

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The Gold American Buffalo coin. 

September 26, 2008

US Mint suspends sale of 24 – karat gold coins

By THE ASSOCIATED PRESS

 

Filed at 3:38 p.m. ET

 

WASHINGTON (AP) — The U.S. Mint is temporarily halting sales of its popular American Buffalo 24-karat gold coins because it can’t keep up with soaring demand as investors seek the safety of gold amid economic turbulence.

Mint spokesman Michael White said Friday that the sales were being suspended because demand for the coins, which were first introduced in 2006, has exceeded supply and the Mint’s inventory of the coins has been depleted.

The Mint had to temporarily suspend sales of its American Eagle one-ounce gold coins on Aug. 15 and then later that month announced sales of the American Eagle coins would resume under an allocation program to designated dealers.

White said the Mint expected to soon start distributing available Buffalo gold coins through a similar allocation program.

(more…)

Friday, September 26, 2008

News: Somali Pirates Seize Ukraine Ship Carrying Tanks

Filed under: Maritime Security,News,Somalia — Tags: , , , , , , , — Matt @ 10:31 PM

     I was contemplating on wether or not to classify this as Funny Stuff or Piracy or News.  These knuckleheads captured a ship with T-72’s and small arms on board, and now they have US and Russian naval ships after them.  The pirates even have a ‘pirate spokesman’ to negotiate– that is just too funny.  

     But really, how embarassing is this, to have a couple guys with AK 47’s hijack a ship filled with this kind of military equipment?  Maybe they should have taken a Dishka off one of those tanks, and put it on the bow or something? LOL  –Head Jundi

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Somali Pirates Seize Ukraine Ship Carrying Tanks

 

By JEFFREY GETTLEMAN

Published: September 26, 2008

 

NAIROBI, Kenya — For a moment, the pirates might have thought that they had really struck gold — Somalia-style.

The gun-toting, seafaring thieves, who routinely pounce on cargo ships bobbing along on the Indian Ocean, suddenly found themselves in command of a vessel crammed with $30 million worth of grenade launchers, piles of ammunition, even battle tanks.

But this time, they might have gotten far more than they bargained for. Unlike so many other hijackings off the coast of Somalia that have gone virtually unnoticed — and unpunished — the attack Thursday evening on the Faina, a Ukrainian vessel bringing military equipment to Kenya, has provoked the wrath of two of the most powerful militaries on the planet.

The United States Navy was in hot pursuit of the ship on Friday. And the Russians were not far behind.

“This is really getting out of control,” said Mohammed Osman, a Somali government official in Kenya. “You see how many countries are involved now? These pirates aren’t going to get away with this.”

Somalia’s 1,880-mile coastline is crawling with pirates, a serious problem given that so much of the country is dependent on emergency food aid, which comes mostly by ship. Thieves seem to strike with increasing impunity, grabbing everything from sailing yachts to oil tankers. They then usually demand millions of dollars in ransom for the ships and their crews.

And people usually pay — which Somali and Western officials say is fueling the problem. This year is one of the worst on record, with more than 50 ships attacked, 25 hijacked and at least 14 currently being held by pirates. The waters off Somalia are now considered the most dangerous in the world.

As for the Faina, it may have looked liked the kind of slow-moving, easy prey that pirates have hit time and time again. But its booty was not the kind that can be easily pawned off at port.

Each tank weighs more than 80,000 pounds. The pirates would need special training, not to mention special equipment, to offload them — assuming, of course, that they could make it to port safely with the Navy on their tail.

The pirates are often former fishermen who have turned to the more lucrative work of plying the seas with binoculars and rocket-propelled grenades. They travel in light speedboats, deployed from a mother ship far out at sea, and they have attacked ships as far as 300 miles from shore. Pirates even tried to attack an American naval supply ship earlier this week. The navy ship fired warning shots at them. The pirates sped away.

“These pirates are getting bolder ever day,” said Andrew Mwangura, the program coordinator of the Seafarers’ Assistance Program in Kenya, whose organization tracks pirate attacks.

Somali officials say the pirates are growing in numbers, with more than 1,000 gunmen at their disposal, and they have evolved into a sophisticated organized crime ring with their headquarters along the rocky shores of northern Somalia. There is even a pirate spokesman (who could not be reached for comment on Friday.)

One official close to the Somali government described the pirates as an oceanic “mafia” and said they had netted millions of dollars, which they use to buy fancy cars and big houses.

“Paying the ransoms is just making this worse,” said the official, who was not authorized to speak publicly.

Mr. Mohammed, the Somali official in Kenya, said “this is not a Somali problem. This is an international problem. Shipping across this entire region is imperiled by this.”

European countries and the United States have tried to crack down on piracy, with different navies patrolling the waters and escorting United Nations-chartered ships bringing much needed food to Somalia. Twice this year, French commandos have stormed hijacked ships and freed French yachts.

On Friday, Kenyan and Western officials said that an American warship was steaming toward the hijacked ship to intercept it, and the Russian Navy announced that it too was sending a warship, named the Dauntless. It could lead to a showdown with the pirates, and with that many hostages aboard a floating ammunition dump, things could get complicated.

The Kenyan government, one of America’s closest allies in Africa, had purchased around $30 million of arms from Ukraine.

“This is a big loss for us,” said Alfred Mutua, a spokesman for the Kenyan government.

The ship, which is registered in Belize, was supposed to pull into Kenya’s Mombasa port on Monday morning. But on Thursday around 5 p.m., when the Faina was about 200 miles off shore, it was surrounded by three speedboats, according to the Interfax news service. Communication was suddenly cut off. It was a typical pirate tactic.

According to the Ukrainian foreign ministry’s Website, there were 21 people aboard, including 17 Ukrainians, three Russians and a Latvian. An official at the Mombasa port said the ship, was carrying 2,320 tons of “project cargo,” a term that is usually used to describe heavy machinery.

But according to diplomats and the Russian Interfax news agency, the cargo was 33 T-72 refurbished tanks, “quite a significant amount of ammunition” and grenade launchers. The supplier was a state-owned Ukrainian company. Ukrainian and Kenyan officials emphasized that the arms deal was perfectly legal.

Somalia’s pirates usually dock their ships in isolated coves, ferrying people and cargo back and forth in dinghies, which are not exactly ideal for transporting 80,000-pound, solid-steel tanks.

“ If there are tanks on board,” said one Western diplomat in Kenya, “I don’t think there’s a chance in hell they can get them unloaded.”

More worrisome, he said, was the prospect of the small arms, like the grenade launchers, getting funneled to insurgents battling the Somali transitional government.

In the past week, insurgents linked to Somalia’s ousted Islamist movement have waged withering attacks on government forces in the capital, Mogadishu. Dozens of civilians have been cut down in the crossfire, and thousands are fleeing the bullet-pocked city once again.

Somalia has been enmeshed in chaos for 17 years, since the central government collapsed and clan warlords carved the country into fiefdoms. The fighting, however, has intensified since December 2006, when Ethiopian troops invaded the country and overthrew a grassroots Islamist movement that controlled much of Somalia.

Ethiopian and American officials said the Islamists were sheltering Al Qaeda terrorists, and the American military helped the Ethiopians hunt down Islamist leaders.

The United Nations World Food Program has said that the conflict and recent drought have pushed millions of Somalis to the edge of famine. More than 3 million people, nearly half the population, need emergency food to survive. Pirates have threatened the pipeline of food into the country because of the constant hijackings on the high seas.

Michael Schwirtz contributed reporting from Moscow, and a Somali journalist from Mogadishu, Somalia.

 

Story Here

Thursday, September 25, 2008

News: Marine Plans To File Slander Suit Against Murtha

Filed under: News — Tags: , , , , — Matt @ 2:40 PM

     I was pretty disappointed in Murtha back then when he said those things about the Marines during the Haditha deal.  That to me was not being ‘always faithful’ to the Marines or adhering to the concept of innocent until proven guilty.  For that, Murtha gets a big thumbs down from FJ and from this former Marine. –Head Jundi  

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Marine Plans To File Slander Suit Against Murtha

Sep 24, 2008 

WASHINGTON, PA (KDKA) ? A local Marine cleared in the deaths of civilians in Iraq says Congressman John Murtha made public comments that were unproven, untrue and unfair.

Now, Lance Corporal Justin Sharratt is planning to file suit in federal court against Murtha on Thursday morning.

The suit accuses the congressman of slander and violating the Marine’s right to a fair trial and due process.

Sharratt was one of eight Marines charged after 24 Iraqi civilians were killed in Haditha. He was charged with three counts of unpremeditated murder.

It’s alleged in the lawsuit that before the outcome of the case, Congressman Murtha made slanderous comments.

Three years after the deaths, seven of eight Marines have been cleared, including Sharratt. There’s now a website, JustinSharratt.com, to let the world know that he has been cleared.

The eighth Marine is still waiting for his day in court.

KDKA contacted Murtha’s office for comment on this suit but there’s no word back from them yet.

Story Here 

Justin Sharratt’s website 

Monday, September 22, 2008

News: Pakistan Troops Fire on US Helicopters

Filed under: News,Pakistan — Tags: , , , — Matt @ 11:30 AM

     Interesting developments and thanks to Jeff for sending me this. –Head Jundi

 

Edit:  I am also hearing on news reports that US commanders are now saying that their helicopters were not fired upon. time 13:30 

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Pakistan troops ‘repel US raid’

 

Pakistani troops have fired warning shots at two US helicopters forcing them back into Afghanistan, local Pakistani intelligence officials say.

The helicopters flew into the tribal North Waziristan region from Afghanistan’s Khost province at around midnight, the reports say.

Tensions have risen after an increase in US attacks targeting militants.

The incident comes amid mounting security fears after a militant bomb attack on the Islamabad Marriott hotel.

Pakistan’s army has said it will defend the country’s sovereignty and reserves the right to retaliate to any border violations.

The government has said it will take targeted action against the militants, promising raids in some “hotspots” near the border with Afghanistan.

Meanwhile in the city of Peshawar, Afghan consul Abdul Khaliq Farahi was kidnapped after six unidentified men ambushed his car, officials say. His driver died in the attack.

‘Firing in the air’

Last week Pakistani troops fired into the air to prevent US ground troops crossing the border into South Waziristan.

BORDER TENSIONS

3 Sept: First reported ground assault by US troops in Pakistan – Islamabad responds furiously

15 Sept: Pakistani troops reportedly fire in air to stop US troops crossing in S Waziristan

17 Sept: Top US military chief Adm Mike Mullen visits Pakistan to calm tensions

16 Sept: Pakistan says it was not told of fresh US missile strike

22 Sept: Pakistani troops in fresh firing to deter US incursion into N Waziristan, officials say

(more…)

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