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"Forensic economics" and CIA

"Such trading on inside information is illegal, and when it involves highly classified details about a future CIA coup, it verges on treason. Yet the researchers found that prices of companies affected by the CIA's regime-toppling efforts—UFC in Guatemala, Anglo-Iranian (oil) in Iran, Anaconda (mining) in Chile, and American Sugar in Cuba—went up in the weeks and months preceding the coups. (The authors restrict their analysis to coups for which they had access to declassified planning documents and for which U.S. companies had had property nationalized by the targeted regimes.)

Furthermore, these gains were concentrated in the days following crucial government authorizations or plans for the coup (suggesting the trades weren't simply the result of good guesswork about a coup in the making). For example, in the week that President Eisenhower gave full approval to Operation PBFortune to overthrow Árbenz, UFC's price went up by 3.8 percent; the stock market overall was flat that week.

In all, shares of coup-affected companies went up by a total of 10 percent following top-secret authorizations, swamping the 3.5 percent gain that came immediately in the coups' aftermaths. If information hadn't been leaking into the stock market via insider trading, then the entire impact of the coup should have appeared only when the very public invasions took place and the investing world finally got news of the regime change. Unfortunately, there are limits to what these stock-market forensics can uncover. When the researchers contacted the Securities and Exchange Commission to find out who was trading on these days, they learned that there are limits to what the Freedom of Information Act could provide. So, we can't pin the apparent insider trading on anyone in particular."

"If and when the story behind the U.S. invasion of Iraq becomes public, researchers will surely also be analyzing the share prices of the many companies that profited from a U.S.-occupied Iraq. None will see greater scrutiny than oil services giant Halliburton, whose former CEO Dick Cheney left the company to become vice president in 2000 and undoubtedly took part in the invasion's planning. (Some say he was pivotal in the decision to invade.) In the Iraq war's aftermath, Halliburton received billions in no-bid reconstruction contracts, boosting its profits and leading to accusations of corruption.

Halliburton's stock price jumped 7.6 percent the day the Senate authorized the use of force in Iraq, so investors clearly anticipated that war would be good for the company. Did insiders also profit from advance notice of these sweetheart deals to come? Conspiracy theorists will no doubt be interested in what happened to Halliburton stock on days when less-public meetings took place. Cheney himself certainly could not have traded on any inside information—monitoring of insider trades and stock transactions is much more sophisticated now than it was in the 1950s. But perhaps others in the V.P.'s office or at Halliburton (or their cousins, or their cousins' cousins) might have been able to do some trading on the sly. If so, they may have left tracks in the data for researchers to follow."

Military Keynesianism?

Menzie Chinn is wondering why government spending on the military went up so much recently (even though overall GDP growth was a negative .3% government spending contributed positively to output growth by 1.15%, and defense spending's share of that growth was .86%):


Can the U.S. military move to renewable fuels?

In a 1906 planning document, the U.S. War Department imagined, "In 1950, the U.S. military [will be] a highly effective, mobile, and mutually supporting force, protecting all required American interests through dominant air, land, and sea operations powered by a petroleum energy standard that is reliably and economically produced from domestic sources."

From the end of the Cold War to the first years of the 21st century, the Pentagon's energy consumption dropped by some 40 percent, but with the "Global War on Terror," consumption has risen again. Oil fuels the U.S. military's nearly 11,000 aircraft and helicopters, 200 combat and support ships, 200,000 tracked and wheeled vehicles, and 190,000 non-combat vehicles, such as trucks, passenger cars, and buses (not to mention many unmanned aerial vehicles and missiles).

Although fuel costs represent less than 3 percent of the Defense Department budget, indirect costs such as those for transporting fuel to battlefields and distributing it to the end-user, add to the total. When the cost of the army's entire logistics network is added to the cost of delivered fuel, gas prices are $13-$19 per gallon. In the air force, these costs can be much higher, military grade jet fuel delivered through aerial refueling costs upwards of $42 a gallon.


Alive to not take

Incorrect translation from «Эксперт» №15 (604)

Oleg Hrabryj, the author « Expert Online », "Expert", « the Expert Ukraine »

In Iraq and Afghanistan the USA have provided with the policy "Al-Qaed" what at it never was, - the big extended territory in the neighbourhood with Saudi Arabia, the countries of Levant and Turkey. It is excellent base for distribution of its influence further to the west
Clip2Net (Guest account)
Photo: Reuters
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Foto from concentration camp

On electronic auction eBay the collector from Germany has sold 21 picture of a German concentration camp for military prizoned times WW2 which was in Vitebsk. The big price for one of photos has made 255 US dollars

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Commandant of Kabul

Lieutenant colonel Derevjashkin, the military commandant of Kabul (1984-1986), carries out employment with pupils of college 9 may 2008.

"...lol, the original rifle weight is around 5 kg.. but the "amazing" americans removed the components. and replaced it with plastic fantastic.. you should do youre homework before you reply my post.. i know alot about this. they want you to think the weight is 5kg.."

"...army drill is almost like being told to stand on one foot for no reason. IT seems like a pretty mindless task. ANd marching really is nothing more than a long hike. sometimes being made to follow other peoples actions can hinder ur performance. Sometimes a person need to figure things for themselves. Being in the military doesnt make u happy"

Meat products from the supplier of the Kremlin, the most high quality chocolate of factory of a name of Babayev, and to all this tablewares and utensils from stainless steel. It is a picture not from restaurant, and from a soldier's dining room. The Ministry of Defence from this year changes system of maintenance of military men a feed and their diet. On Wednesday military department has arranged presentation of new "menu" and food the soldering.
Situated near Moscow Monino. In a pine wood the confidential, strategic object of Ministry of Defence "has got lost". Imperceptible with a kind base - the research center where the diet of military men is developed and checked in practice.

- The new food ration is the balanced theory of a military feed, - the chief of the Central management of food service Jury Burdjug speaks.

"News" have checked up, as far as it was possible to find this "balance" in practice.

Bread and the groats giving a maximum quantity of calories, in the past. Over the new soldier's diet is dominated with fats of an animal origin - oil and meat. The accent is made on attraction as experts are expressed, " maximal albumens grocery lines ". Except for meat and oil, it is fruit and vegetables. Till 90th years our army ate groats and bread. Transition to new products is an attempt to correspond to the international standards.

- Before proceeding to a new diet, we sent our officers to Milan and Stuttgart, on exhibitions of the process equipment, - Jury Burdjug tells. - we Purchase not only the advanced dishwashers, double boilers, but even boilers with the built - in preventing devices. You will not believe, but in our porridge there are no lumps!

Several years ago in army began experiment on translation into a contract principle of acquisition soldier's and сержантских posts in parts of constant alertness. Контрактник is a mercenary. It should be engaged only in combat training, orders on kitchen, cleaning of a potato - not his business. Now the potato will be cleaned with technics. Under plans of Ministry of Defence at each military unit will be special "work" which not only will clean a potato, but also will cut, will pack her in vacuum packing. Three days - working life. Longer in entrenchments and dugouts will not be late.

For other military units variants of maintenance by a feed - from "buffet" (the soldier can eat so much, how many can) before deliveries in military units быстроразмораживаемых semifinished items are offered.

- We tried to order in private structures ready I peep, - the general speaks. - Disposable plates, plastic devices are somehow incorrectly. In a result we have stopped on intermediate variant - the fresh products prepared directly regarding.

Today the soldier - NCO at breakfast can expect for coffee with milk and a sandwich with cheese. And several years ago instead of coffee the drink prepared from "желудей" was. The last year Ministry of Defence has spent 22 billion roubles for purchase of products for army. 1 million 200 thousand soldiers and officers in 2007 have eaten 600 thousand tons of the foodstuffs. One meat - 50 thousand tons.

However the main "food" know-how consists in a mobile feed of army. The new "mountain" ration, presentation in Монине, is the products "sealed" not in cans, and in polyethylene bags.

- It is easier to prepare for them, - major Ruslan Sozinov speaks. - they more калорийны, absolutely take into account specificity of actions of our divisions in mountains., for example, brick - prunes with nuts (it is similar on шоколадку. - "News"). And it is intended not only for meal but also to raise the maintenance of oxygen at the military man. The package for fast разогрева products is simple in the use. It does not demand matches. Has squeezed a package - the product was warmed up.

The modern army is ready to go on inconceivable charges on Soviet times for a feed of soldiers. The usual army ration for the infantryman costs 220 roubles, and for mountain an arrow - 750. But is still the soldering for pilots and submariners.

- During Peter times it was necessary to the soldier of the Russian army of one and a half litre of beer and 150 grammes of vodka. Why today it is not present in a diet? - have asked "News".

- H'm... Taking into account mentality of our people, we do not presume to ourselves it today, - somehow is confused major Sozinov has answered. - But, do not overlook, in the soldering of submariners still there is a red wine...

Soldier's ration: the foot - test of "News"

On July, 24, 2007 edition of the newspaper of "News" has lead the foot - test army food the soldering. Two employees of edition tried " Peas boiled ", " Forcemeat pork сосисочный ", " Sauce tomato sharp. For spesial, " Jam fruit (apple) ", " the Drink milky " Good morning - M " (a substitute of milk) "," the Concentrate of a natural dry drink "Years", " Tea soluble for spescontingent ", " Coffee natural soluble " also put the estimations on a five-point scale. So, peas has received " the three pro chemical послевкусие ", tomato sauce - " the two pro not gastronomic color ", and "four" has got to forcemeat which " hardly is similar to cheap dairy sausages with the plentiful maintenance of a toilet paper ". In a result a mean score the soldering - "is satisfactory". To tell the truth, experts of "News" - in the past fighters of the Soviet Army - recognized, that in field conditions the ration seem is more tasty. On "citizen" the soldier's meal is in another way perceived.

The military oath. Today in Brest

In the Brest fortress.
Hour back.