Showing posts with label Breaking News. Show all posts
Showing posts with label Breaking News. Show all posts

02 October 2026

Crap! Cue the Fanbois.

NASA has pulled their former research SR-71A from display with the intent of reactivating the aircraft.

While I am sure that something interesting is happening here, I expect to be inundated by endless social media posts and videos from uninformed aviation geeks.

Mike Relja, a retiree in his late 70s, received an unexpected job offer from NASA about a month ago.

The assignment: Help put a former NASA-operated Lockheed SR-71A Blackbird back in the air after a nearly 27-year hiatus.

Relja, an ex-U.S. Air Force and NASA test engineer for the SR-71A, could not believe his ears. David Ash, a former U.S. Navy and Joby test pilot who was hired in June as a special projects director for NASA, asked Relja to provide his expertise for a secret effort to return a long-retired and neglected Blackbird to flight.

“I told the guy, ‘You know, I’m too old to be doing this,’” Relja recalls to Aviation Week. “‘I wish you well. I’d like to see you make it. It would be interesting. But I just don’t think you can get there from here.’”

It appears NASA is going to try.

At some point early this year—certainly before May 17 and perhaps even before April, according to commercial satellite imagery acquired by Aviation Week—agency employees removed the SR-71A with Tail No. 844 from a display pole near the corners of Lilly and Walker Avenues at the Armstrong Flight Research Center on Edwards AFB, California.

I appreciate that NASA might have a need for the aircraft, my guess is launching of scramjet test vehicles, why couldn't they have they kept it a secret?

 

18 August 2026

Primaries Tonight

First, Angie Nixon defeated Alexander Vindman in the Florida Senate primary.

This is despite the fact that Vindman outraised and outspent her by almost 17:1.

In an upset for the Democratic establishment, progressive Angie Nixon won the party’s US Senate primary in Florida, beating former army intelligence officer Alexander Vindman.

Nixon, a state representative and member of the Democratic Socialists of America, had significantly less funding going into the primary – with $975,000 to Vindman’s $16.3m at the end of July, according to Florida Politics.

Vindman served on the national security council in Donald Trump’s first term and became a well-known whistleblower and witness in the president’s first impeachment, centered on Trump pressuring Volodymyr Zelenskyy, Ukraine’s president, to investigate Joe Biden.

………

Nixon, who was born in Jacksonville, has aggressively opposed DeSantis’s policies, including with a sit-in at the governor’s office this spring to protest Republican redistricting, the Miami Herald reported. That demonstration resulted in her facing misdemeanor charges of trespassing and resisting, which she is fighting in court.

Vindman’s campaign had been focused on Moody, not his primary opponent, and he did not agree to debate Nixon, despite her public calls for him to take the stage with her.

Also in Florida, the state's most reprehensible Democrat, Debbie Wasserman Schultz, succeeded in her effort to Bigfoot her way into a predominantly black district, because competitive elections are for suckers.

But establishment Democrats prevailed in other Florida races this week, in the first election in the state after redistricting. Debbie Wasserman Schultz, an 11-term congresswoman and former chair of the Democratic National Committee, defeated Elijah Manley, a 27-year-old substitute teacher who was endorsed by a progressive group. Wasserman Schultz had faced criticisms for running in a district that has a plurality of Black voters and has long been represented by a Black Democrat.

Wasserman Schultz’s previous district was broken up by Republicans’ gerrymandered congressional maps, and she chose not to run in the district where she lives, but in a newly drawn one that was solidly blue.

Nothing else of particular note so far.


Election Live Updates: Florida Chooses Donalds and Jolly as Nominees to Replace DeSantis as Governor - The New York Times

https://www.nytimes.com/interactive/2026/08/18/us/elections/results-florida-us-senate-special-primary-august-18.html 

28 July 2026

History Rhyming

We are seeing the financial merry go ground slowing down.

First, we have banks starting to call in loans from hedge funds as a result of concerns about the possible collapse of the AI bubble.

Wall Street banks have demanded more collateral from hedge funds in recent weeks as a rout in AI stocks accelerates and triggers heavy losses across several popular strategies.

Banks asked funds whose holdings are heavily concentrated in certain industries to provide additional collateral to keep their existing levels of leverage, according to four people familiar with the matter.

The collateral demands highlight the mounting fears on Wall Street about the scale and speed of the sell-off in AI stocks over the past fortnight, which has upended a rally in a sector favoured by many funds.

……… 

Banks build in protections when lending to hedge funds to make sure they do not incur losses in case the market turns negative. 

Meanwhile, on a slightly more personal scale, we are seeing a spike in the level of margin debt on the New York Stock Exchange.

When people start buying stocks with borrowed money at rates not seen since the dot-com bubble, someone usually gets hurt. Deutsche Bank is now waving the yellow flag.

The bank’s credit strategists, led by Steve Caprio, published a warning on July 24 that US margin debt has crossed the $1 trillion mark as of June 2025. That’s not just a round number for headlines. As a share of GDP, margin debt has now surpassed levels seen during the late-1990s tech mania and is closing in on the 2021 all-time high. 

The numbers behind the warning

Here’s what caught Deutsche Bank’s attention: NYSE margin debt jumped 18.5% from April to June 2025. That two-month sprint ranks as the fifth-fastest increase since 1998, a period that includes some of the most memorable market blowups in modern history.

Finally, and I'm going to quote the hed, "The bond market hasn’t been this calm since the dot-com bust and the financial crisis. History warns of a rude awakening." 

The spreads between high and low quality debt is shrinking, which tends to happen before a crash.

For all the current economic and geopolitical turmoil, the U.S. bond market is remarkably sanguine about the risks of a U.S. economic recession, even after oil’s big price jump.

To appreciate the bond market’s seemingly unconcerned behavior, consider the high-yield bond spread, which represents the additional compensation bond investors demand for incurring the extra risk that high-yield (“junk”) bonds represent relative to U.S. Treasurys.

The junk spread rises along with the risk of recession, when issuers of high-yield bonds become less likely to be able to repay, and it falls when the risk of an economic downturn is lower.

At the end of June, when a barrel of Brent crude was selling for $73, the junk spread stood at 2.75 percentage points. Currently, with Brent crude near $100 per barrel, the spread stands at 2.68 points. While a 7-basis-point decline is not in itself particularly meaningful, it is highly significant in light of the increased likelihood of economic distress to which the higher oil price leads.

In addition, we shouldn’t forget that oil’s recent spike comes on top of a private-credit market that has already been struggling. In its recent report on the state of private markets in 2026, MSCI writes that this market is facing problems even deeper than previously known: “Among loans in private-credit funds, 15.7% have been marked below 80% of principal — a rough threshold for distress — and more than 10% are now marked below 50% — a level typically associated with deep distress or risk of restructuring.”

MSCI’s report reflected the state of private markets at the end of 2025’s third quarter, the latest period for which data were available. Since then, conditions in the private-credit market have deteriorated even more, but the junk spread has narrowed rather than widened — to 2.68 percentage points from 2.80. 

Moreover, as you can see from the chart above, the junk spread is now lower than at any time since immediately prior to the 2008 global financial crisis. The only other time since 1997 that the spread was lower than today came near the top of the dot-com bubble. We don’t need to be reminded what happened after that. 

We are in for interesting times. 

12 June 2026

I'll Believe It When I See It

So, we have yet another report of a deal to end the US-Iran War.

I won't believe it until the ink is dry.

Donald Trump has claimed a deal well over a dozen times in the past few months, so the White House's credibility is below that of the Tooth Fairy.

With a draft deal between the United States and Iran now on the table, speculation has been swirling about exactly what is in the agreement.

President Trump insisted on Friday that reports circulating about details of the proposed deal were incorrect. In a post on social media, he said the terms “Iran leaked” to the media “have NOTHING to do with the terms that were agreed to, in writing.”

There were conflicting accounts of the deal in Iranian media, with one hard-line news outlet reporting terms more favorable to Iran and the state news agency providing a more measured description. On Friday, Iran’s foreign minister, Abbas Araghchi, said that a deal “has never been closer,” but added that “the media should refrain from entering speculation about its content.”

Much about the emerging deal remains murky, with both sides keen to frame it as a victory. What is known is that a “memorandum of understanding” between the two sides is under discussion.

I do not see any way that a deal that is acceptable to Iran could be cast as a victor for the United States, since the Iranian government, for very good reason, does not believe that the United States can be trusted to keep its end of the bargain.

As such, I think that any deal that would be signed would necessarily include a removal of sanctions, a repatriation of frozen Iranian assets from the US, and a redeployment of US forces out of the region.

I do not believe that (even with the horrible US press corps) that this could be sold as a victory, and Trump is terrified of being seen a loser.

Then again, what do I know. 

 

25 April 2026

Just When You Thought That the White House Correspondents’ Dinner Was Irrelevant

A gunman broke through some of the security at the WHC dinner, and Trump was rushed off site. (No deaths reported)

We need to return to the days when the threat to the President was biting sarcasm from Stephen Colbert, Michelle Wolfe, and Craig Ferguson. 

28 February 2026

I Take ONE Day Off...

And the United States and Israel are at war with Iran, and allegedly the Ali Khamenei has been assassinated by US air strike.

Trump is claiming that the purpose is regime change. 

As near as I can tell, there have been no plans for a large boots on the ground campaign, and the record of air power triggering regime change is extremely thin, so if I were a betting man, I would bet on this conflict ending up a loss for the United States.

14 December 2025

Inconceivable

Director, actor, and writer Rob Reiner and his wife Michelle, were found dead in their Los Angeles home.

It was apparently a homicide, and a family member is being questioned.

What Happened in Australia

In Sidney Australia today (or maybe yesterday, because of the whole international date line thing) 2 gunmen opened fire on a crowd at a Chabad Hanukah event on the beach,  killing at least 16.

Of note, there was a hero there, Ahmed al Ahmed a fruit stand vendor who tackled and wrestled a gun away from one of the gunmen.

It's important to note here that Ahmed is a Muslim and an immigrant from the Middle East to Australia, and he snuck up to the gunman unarmed and tackled him.

There are additional links if you want to go further, see here, here, here, and here.

Note that anything you read online is likely to contain misinformation, so double check everything, particularly AI slop. 

It appears that Elon Musk's Grok has set a new low in misinformation and bigotry, which should surprise no one.

If you are inclined to excuse this act because of Gaza, go fuck yourself.

11 November 2025

Well, This Sucks

So, I was picking up my kid from rehearsal, headed north on i-83, minding my own business, driving the speed limit, when someone in an SUV driving like a bat out of hell sideswiped my car.

Oh yeah minor damage to the car, the driver side front wheel is crashed, but Nat and I are okay, if a bit shaky.

The car is definitely not total, but the driver side front wheel got kind of mangled, So it's not drivable at this moment.

My car has been towed and my wife has picked me up and I'm headed home.

05 November 2025

McDonnell's Widebody, Huh?


Not good
So, a UPS freighter lost an engine on takeoff at Louisville and crashed, killing its three crew and at least 9 more on the ground.

By, "Lost an engine," I mean that the engine fell off.

The aircraft was an MD-11, basically a rebadged DC-10.

If this scenario sounds familiar, it's because a DC-10 crashed at Chicago O'Hare in 1979 after its engine detached from the wing.

That plane is cursed.

An engine on the UPS cargo jet that crashed in Louisville, Ky., this week fell off moments before the plane took flight, the National Transportation Safety Board said on Wednesday.

The jet, with a crew of three, plunged to the ground seconds later and erupted into flames as it careened through industrial buildings at the edge of the Louisville Muhammad Ali International Airport Tuesday evening.

At least 12 people died, officials said on Wednesday. A coroner was at the crash site on Wednesday, and the condition of some of the bodies could make it difficult to confirm their identities,  Gov. Andy Beshear of Kentucky said. The identities of the victims have not been released.

At a news conference Wednesday afternoon, Todd Inman, a member of the transportation safety board, said that, according to security footage, the plane’s left engine had detached from the wing while the aircraft was rolling to take off. 

02 October 2025

Yom Kippur is Over and ……… GREAT SHADES OF ELVIS!!!!

And it wasn't just one Whiskey Tango Foxtrot moment.

There were about a dozen WTF stories.

I hate this timeline. 

The fast for Yom Kippur went fine.  The re-integration into society?  Not so much. 

11 September 2025

Wrong About Charlie Kirk

It seems that I break breaking news.

The person of interest I referenced last night was simply some random right wing long time nut-job who pissed off law enforcement in the aftermath and was briefly detained for, Contempt of Cop."  

29 January 2025

oshit

Story still breaking, but it appears that a regional jet flying helicopter after taking off from Washington National Airport.

Update:

The collision was caught on video: (at about 2 minutes)

Further update:

Plane was inbound from Wichita, KS, and the helicopter was an army UH-60 Blackhawk.

Bodies have been recovered but no survivors yet.

01 January 2025

Today in Domestic Terrorism

First, and most prominently, a man driving a truck literally flying the ISIS (Daesh) flag, drove into a crowd, killing at least 15 people.

A New Orleans Police Department vehicle was blocking Bourbon Street in place of barriers that were down for repairs early Wednesday when a Texas man drove a pickup truck around it and onto the sidewalk, police said.

The suspect, 42-year-old Shamsud-Din Jabbar, then sped down New Orleans' most famous street, killing and injuring people in an attack the FBI has labeled as terrorism.

"We had patrol cars out there as a hard target," said New Orleans Police Superintendent Anne Kirkpatrick at an afternoon news conference. "This particular terrorist drove around onto the sidewalk and got around the hard target."

Kirkpatrick and Mayor LaToya Cantrell acknowledged that security barriers installed years ago to prevent terrorist attacks along Bourbon Street were being replaced when Jabbar, flying an ISIS flag from his tailgate, mowed down dozens of people. Fifteen were confirmed dead as of Wednesday evening. At least 30 more were injured, many of them severely, officials said.
Bollards don't cover sidewalks

Bollards don't cover sidewalks

The removable stainless-steel bollards are designed to be securely locked at each crosswalk along Bourbon Street between Canal and St. Ann streets, according to Cantrell's administration. They do not cover city sidewalks. The alleged attack occurred near the intersection of Bourbon and Iberville streets.

………

Kirkpatrick and Mayor LaToya Cantrell acknowledged that security barriers installed years ago to prevent terrorist attacks along Bourbon Street were being replaced when Jabbar, flying an ISIS flag from his tailgate, mowed down dozens of people. Fifteen were confirmed dead as of Wednesday evening. At least 30 more were injured, many of them severely, officials said.

(emphasis mine)

This was not security, it was security theater.

Even if the Bollards had been operational, it would not have stopped him, because he was driving on the sidewalks. 

Meanwhile, in Las Vegas, a Cybertruck loaded with fireworks and a pressurized gas tank exploded in front of a Trump Casino, and there are concerns that this was related to the New Orleans attack:

Officials are looking into the possible connection between the Las Vegas explosion of a Tesla Cybertruck and an attack that left 15 dead in New Orleans, President Joe Biden said in a Wednesday evening address to the nation.

One person was killed and seven suffered minor injuries when a Tesla Cybertruck exploded Wednesday morning in front of the entrance to Trump International, Sheriff Kevin McMahill said at a news conference.

The person who died was in the Cybertruck, and McMahill said it was unclear if it was a man or a woman.

According to Jeremy Schwartz, acting special agent in charge for the FBI’s Las Vegas office, authorities also are trying to determine whether the explosion was an act of terrorism but believe it was an “isolated incident.”

Finally, an FBI raid uncovered an enormous hoarde of home made explosives when raiding a farm for illegal sawed-off weapons.

A Virginia man was arrested this month with what federal prosecutors described in court papers on Monday as the largest cache of “finished explosive devices” ever found in the F.B.I.’s history.

The man, Brad Spafford, was taken into custody at a farm outside Norfolk on Dec. 17 on the basis of a single-count criminal complaint accusing him of illegally possessing an unregistered short-barrel rifle. When investigators searched his 20-acre property, in Isle of Wight County, they found in a detached garage more than 150 explosive devices — mostly pipe bombs, some of them labeled “lethal,” prosecutors said.

They found more pipe bombs in a bedroom inside Mr. Spafford’s house, loosely stuffed in a backpack that bore a patch shaped like a hand grenade and a logo reading “#NoLivesMatter,” prosecutors said.

The slogan had the same name as a nihilistic, far-right ideology that largely exists on encrypted online messaging apps like Telegram. There was no other evidence that Mr. Spafford adhered to such beliefs.

Yeah, that last sentence seems to be whistling in the dark.

………

According to the court papers, which were reported earlier by the website Court Watch, the investigation into Mr. Spafford began last year, after a neighbor reached out to the authorities. Mr. Spafford had lost three fingers on his right hand while working with a homemade explosive device, the neighbor said, and he was stockpiling weapons and homemade ammunition.

The neighbor reported that Mr. Spafford had told him that he and his friends were “preparing for something” that he “would not be able to do alone,” the court papers said.

The neighbor also told investigators that Mr. Spafford sometimes used photographs of President Biden for target practice at a local shooting range and believed that “political assassinations should be brought back.” After the attempt on President-elect Donald J. Trump’s life in Pennsylvania in July, the papers said, Mr. Spafford told his neighbor that he “hoped the shooter doesn’t miss Kamala,” an apparent reference to Vice President Kamala Harris. 
Let me rephrase myself, "Yeah, that last sentence seems to be irresponsible and reckless whistling in the dark."  

Then again, what would one expect from what Atrios calls, "That Fucking Newspaper."

The New Orleans case, and the Virginia case both seem to be people involved in right wing terrorism, with the former hearkening back to 8th century Basra, and the former yearning for the height of the Klan in the 1920s.

As to whatever happened in Vegas,it's not clear yet.

All I can do is to quote Bette Davis in All About Eve, "Fasten your seat belts, it's going to be a bumpy night."

The year is not off to a good start.

(On Update)

Both the New Orleans and Las Vegas vehicles were rented through the Turo app, which allows people to peer-to-peer car sharing, which might be a connection.

01 December 2024

Not a Good Look

As you may have heard, Joe Biden granted a broad pardon to his son Hunter today.

I understand the reason, there is significant evidence that a Trump DoJ would engage in a malicious prosecution, as Hunter's defense team noted.

There are plenty of reasons for him to do this, but the fact that he categorically ruled out any pardon this summer makes it, to quote (not) Tallyrand, "Worse than a crime, it is a mistake."

President Joe Biden on Sunday issued a full and unconditional pardon for his son Hunter, a controversial decision that reverses his long-standing pledge to not use his presidential powers to protect his only surviving son, who was found guilty of gun-related charges in Delaware and pleaded guilty to tax evasion in California.

………

“No reasonable person who looks at the facts of Hunter’s cases can reach any other conclusion than Hunter was singled out only because he is my son — and that is wrong,” he said. “There has been an effort to break Hunter — who has been five and a half years sober, even in the face of unrelenting attacks and selective prosecution. In trying to break Hunter, they’ve tried to break me — and there’s no reason to believe it will stop here. Enough is enough.”

Biden said he came to the decision over the weekend, which coincided with the family being together in Nantucket, Massachusetts, for Thanksgiving. Hunter Biden’s attorneys this weekend also mounted a vigorous public defense, releasing a 52-page paper on Saturday titled “The political prosecutions of Hunter Biden.”

………

According to the text of the pardon, it applies to all offenses that Hunter Biden “has committed or may have committed or taken part in during the period from January 1, 2014 through December 1, 2024.”

The problem here is not the pardon, it was the promise not to do so.

This is not Gerald Ford pardoning Nixon.

 

19 November 2024

This is So Cool

They found a kitten in Siberia.

A 35,000 year old sabertooth  tiger kitten that was so well preserved that it still had its teeth and claws.

Not great for the aforementioned kitten, but great for paleontologists everywhere:

While searching for mammoth tusks in eastern Siberia, scavengers found a rare ice mummy along the banks of the Badyarikha River. One of the many treasures to be unearthed in Siberia, the finding turned out to be a three-week-old saber-toothed kitten preserved in the permafrost.

The study, published on Thursday in Scientific Reports, describes the frozen kitten’s 35,000-year-old body. The mummy contains the head and front parts of the animal, including fur and muzzle, making it possible for scientists to study these for the first time.

………

Using radiocarbon dating, the researchers found that the cub lived somewhere between 35,500 to 37,000 years ago. It also belonged to the species Homotherium latidens, and lived in the Late Pleistocene. Judging by its incisors, scientists estimate it was about three weeks old.

Amid all of the crappy news these days, this is good news.

06 August 2024

Da, Da, Da, Da, Da, Dit, Dit, Di, Di

That is me writing out Johann Strauss' Blue Danube Waltz, because Kamala Harris has chosen Minnesota Governor Tim Walz her running mate.

Yes, I know that his name is pronounced "Walls", not "Waltz", but who am I to pass up a cheesy pun.

Of all of the 6 or so usual suspects, Walz is probably the best choice, given his success as governor of Minnesota and his generally good policies on things like abortion rights, anthropogenic climate change, and labor rights.

Also, he's the guy who got the whole, "Drump and Vance are weird," thing going.

It's probably the best I could have expected:

Democratic presidential nominee Kamala Harris has picked Minnesota Gov. Tim Walz to be her running mate, wagering that a former red-district congressman with rural roots and a progressive streak can help her win over the working-class voters in battleground states needed to beat Donald Trump in November.

In picking Walz, 60, Harris is elevating a second-term governor from a state that hasn’t voted for a Republican for president in more than 50 years, someone who is relatively unknown nationally vaulting over swing state contenders such as Pennsylvania Gov. Josh Shapiro and U.S. Sen. Mark Kelly of Arizona.

They Shapiro and Kelly were both a lot worse on policy.  

Shapiro is horrible on charter schools and vouchers, has some issues with not addressing issues of sexual harassment from some of his staff, and he has been excoriated for his position on Israel.

Kelly, a figurative blue dog married to a former actual Blue Dog, has been horrible on labor issues, and notwithstanding his time as an astronaut.

I do think that if there is a VP debate, which is not particularly likely, given Trump's and Vance's obvious fear at any debates for either of them, he would wipe the floor with Vance.

As to what this means electorally?  Probably not much.

There is only one VP candidate who might have effected the general election in my lifetime, Bob Dole in 1976, so it is unlikely that either Vance of Walz will make much of a difference electorally/

21 July 2024

Holy Fucking Shit!

Biden had announced that he is dropping out of the race.


Call me a pessimist, but I think that the Democrats have just lost the election.

The next question is, "Who will be Harris' VP pick?"

Alexandria Ocasio Cortez turns 35 in October.

Just sayin'.

In the meantime, I'll be kind of busy, looking at selling the house and the process for making Alyiah to Israel.

Yeah, I think it's that bad.

Posted via mobile.

15 July 2024

Vance, Huh?

Why on earth would Donald Trump choose someone like JD Vance as his running mate?

Vance is a serial exaggerator, a hypocrite, a narcissistic manipulator, and corrupt, so why would Trump  ……… Oh, now I get it.

It's like he is running with the son he never had, because no one in their right mind would run with the sons that he DOES have:

Senator J.D. Vance of Ohio, Donald J. Trump’s newly chosen running mate, has made a shift from the Trump critic he was when he first entered politics to the loyalist he is today. It was a shift both in style and substance: Now, on topics as disparate as trade and Ukraine, Mr. Vance is closely aligned with Mr. Trump.
In some ways, Vance may be worse than Trump, because he is in the pocket of literal vampire Peter Thiel.

14 July 2024

Things that Piss Me Off

So, listening to NPR was infuriating.

They had about 10 minutes of news about the alleged attempted assassination against Donald Trump.

This is what happens on breaking news.

They just repeated this four times an hour with an additional 5 minutes of someone making baseless speculation.

Rinse, lather, repeat.

I'm increasingly come to believe that the only serious journalists at NPR are on Wait Wait … Don't Tell Me.