Shocking Collapse Of World Economy Warned Is Underway

http://www.mitre.org/about/technical_centers/itc/about/staff/bio_maybury.htm
Excerpt:
Dr. Mark Maybury is Executive Director of MITRE's Information Technology Division. He is responsible for the direction of advanced research and development for intelligence and defense systems supporting a broad range of sponsors including the U.S. Air Force, Army, Navy, OSD, DISA, DARPA, NSF, and national intelligence agencies. In addition, his division provides research and modernization to the IRS, FAA and Department of State. Mark leads an enterprise distributed across Washington D.C., Bedford, MA and several US and European sites spanning the disciplines of intelligent information systems, analytic tools, performance support, collaborative environments, geospatial information systems, distributed computing, networking, and data, information and knowledge management.

http://www.sourcewatch.org/index.php?title=MITRE_Corporation
Excerpt:
Also see Private Government Corporation.

Work
"MITRE's work is focused within three Federally Funded Research and Development Centers (FFRDCs). One FFRDC performs systems engineering and integration work for Department of Defense C3I. A second performs systems research and development work for the Federal Aviation Administration (FAA) and other civil aviation authorities. The third FFRDC provides strategic, technical and program management advice" to the Internal Revenue Service and the United States Department of the Treasury.[3]

Board of Trustees[4]
Dr. James Rodney Schlesinger[5], Chairman
Admiral James B. Busey IV
Victor A. DeMarines
Martin C. Faga
General Ronald Fogleman[6]
Dr. John J. Hamre[7]
Dr. William Happer, Jr.
Dr. George H. Heilmeier
Admiral David E. Jeremiah[8]
Elizabeth J. Keefer
Richard J. Kerr
William B. Mitchell
Charles S. Robb[9]
Honorary Members
Robert R. Everett
General Robert T. Marsh
Dr. Jack Ruina
Contact
URL: http://www.mitre.org/



http://www.nytimes.com/2012/01/28/world/europe/vladimir-putin-describes-loss-of-a-brother-at-ceremony.html?_r=1&ref=russia
Excerpt:

At Event, a Rare Look at Putin’s LifeBy ELLEN BARRY
Published: January 27, 2012
MOSCOW — Prime Minister Vladimir V. Putin, a man whose private life is revealed to the public only in glimpses, on Friday described the loss that his family suffered during the 872-day siege of Leningrad, the Soviet-era name for St. Petersburg, when his 1-year-old brother was taken from his mother, died in a children’s home and was buried in an unmarked grave.

“My brother, whom I have never seen and did not know, was buried here, I don’t even know where exactly,” Mr. Putin said flatly during an annual wreath-laying at Piskaryovskoye Cemetery in St. Petersburg, where 470,000 civilians and soldiers were buried in mass graves. A memorial plaque at the site states that 641,803 people died of starvation in the city between 1941 and 1944.

“My parents told me that children were taken from their families in 1941, and my mother had a child taken from her — with the goal of saving him,” he said at the event, which marks the anniversary of the blockade’s end. “They said he had died, but they never said where he was buried. ”

Late Friday, a St. Petersburg organization, We Remember Them All By Name announced that its researchers had found a record of Viktor V. Putin, who was born in 1940 and died in 1942. Aleksandr Nesmeyanov, of the organization, said he had found evidence that 10 men and 5 women with the last name Putin were buried in the mass graves, but only one, the baby Viktor, had the patronymic Vladimirovich.

Mr. Putin visits this site most years to commemorate the German blockade, when residents of the city were dying in such numbers that army engineers set off explosives in farmers’ fields and dumped bodies in the holes. In the book “First Person,” he said that his mother was so close to starvation that she lost consciousness and “they laid her out with the corpses” until someone heard her moaning. His father, hospitalized with war wounds, set aside his rations to feed her.

Mr. Putin, born in 1952, was his parents’ third son but was the only one to survive. The first Putin son died in infancy.

http://www.eutimes.net/2012/02/shocking-collapse-of-world-economy-warned-is-underway/
Excerpt:
A grim report just issued by the Finance Ministry that is circulating in the Kremlin today says the United States Clearing House Interbank Payments System (CHIPS) has ground to a virtual halt signaling that a major global economic collapse is currently underway and could very well likely enter into the dreaded "freefall zone."

Virtually unknown to all but the global financial elite, CHIPS is the main privately held clearing house for large-value transactions in the United States, settling well over $1 trillion a day in around 250,000 interbank payments that together with the Fedwire Funds Service, which is operated by the Federal Reserve Banks, forms the primary US network for large-value domestic and international US dollar payments where it has a market share of around 96%.


The cause underlying the collapse of CHIPS, this report says, is due to the "unprecedented" demand for immediate liquidity relief being sought by the largest banks in the US and EU that are being crushed under of the combined debt of both the United States and Europe said to total near $39 trillion.



Important to note is that what is currently happening is a virtual repeat of the 2008 Financial Crisis that the United States Senate's Levin–Coburn Report found "was not a natural disaster, but the result of high risk, complex financial products; undisclosed conflicts of interest; and the failure of regulators, the credit rating agencies, and the market itself to rein in the excesses of Wall Street."

Grimly echoing this Ministry report is the latest data [see chart 2nd photo left, or click on link] from The Baltic Dry Index (BDI) that is a number issued daily by the London-based Baltic Exchange and shows it in freefall dropping 65% in the past 30 days alone, a terrifying amount of loss not seen since the dark days of late 2008.



Not restricted to Baltic Sea countries, the BDI tracks worldwide international shipping prices of various dry bulk cargoes that has collapsed so severely global shipping has all but ceased thus leaving our world's largest transport ships anchored and empty off the coast of Singapore [photo 3rd left] in what is described as "the biggest and most secretive gathering of ships in maritime history whose numbers are equivalent to the entire British and American navies combined."




During the 2008 Financial Crisis an outright global economic catastrophe was only averted after the US Federal Reserve secretly gave out to US banks and corporations, and foreign banks everywhere from France to Scotland, over $16 trillion that was only discovered due to an amendment to the Dodd–Frank Wall Street Reform and Consumer Protection Act passed by the American Congress that called for their being audited for the first time in their 99-year history.



Note: To place that $16 trillion into perspective, remember that the Gross Domestic Product (GDP) of the United States is only $14.12 trillion, and the entire national debt of the United States government spanning its 200+ year history is "only" $14.5 trillion.

Curiously, the aforementioned amendment to the Dodd-Frank law only called only for a one-time audit of any emergency lending facility established by the Federal Reserve since 1 December 2007 and ending with the date of enactment of the law when it was signed by President Obama on 21 July 2010 thus keeping hidden from the American people who is getting their money.

To if anyone in the world, even the powerful US Federal Reserve, has the power to avert this coming catastrophe, this Ministry report warns, it is unlikely due to the cascading collapse of the global derivative market due to the mounting gridlock in liquidity that US billionaire and Obama confidant Warren Buffet warned back in 2003 were "financial weapons of mass destruction."

Though the word "derivatives" sounds complicated and technical, understanding them is really not that hard. A derivative is essentially a fancy way of saying that a bet has been made. Originally, these bets were designed to hedge risk, but today the derivatives market has mushroomed into a mountain of speculation unlike anything the world has ever seen before. Estimates of the notional value of the worldwide derivatives market go from $600 trillion all the way up to $1.4 quadrillion.

$1.4 Quadrillion is roughly: -40 TIMES THE WORLD'S STOCK MARKET. -10 TIMES the value of EVERY STOCK & EVERY BOND ON THE PLANET. -23 TIMES WORLD GDP.

Failing to be noticed by the Western peoples about this global economic collapse is that it has been, in all probability, a "planned event" due to occur so as to initiate a New World Order that has long been sought after by the elites, but was condemned by the ancients who warned that the uniting of our world as an economic dictatorship would lead to every human being having to obtain the Mark of The Beast thus bringing this present age to its end.

In a Western world devoid of morality, and lacking the knowledge of the ancients, it is beyond doubt that this coming economic collapse will take them by complete surprise (as the last one did) as they have been trained like dutiful slaves to only adhere to those voices leading them to their doom.

But for those who know the truth, the time is nearing an end for preparing…it will come much sooner than anyone will believe.


http://en.wikipedia.org/wiki/Clearing_House_Interbank_Payments_System
Excerpt:
The Clearing House Interbank Payments System (CHIPS) is the main privately held clearing house for large-value transactions in the United States, settling well over US$1 trillion a day in around 250,000 interbank payments. Together with the Fedwire Funds Service (which is operated by the Federal Reserve Banks), CHIPS forms the primary U.S. network for large-value domestic and international USD payments (where it has a market share of around 96%). CHIPS transfers are governed by Article 4A of Uniform Commercial Code.

CHIPS is owned by financial institutions. According to the Federal Financial Institutions Examination Council (FFIEC), an interagency office of the United States government, "any banking organization with a regulated U.S. presence may become an owner and participate in the network."[1] CHIPS participants may be commercial banks, Edge Act corporations or investment companies. Until 1998, to be a CHIPS participant, a financial institution was required to maintain a branch or an agency in New York City. A non-participant wishing to make international payments using CHIPS was required to employ one of the CHIPS participants to act as its correspondent or agent.

Banks typically prefer to make payments of higher value and of a less time-sensitive nature by CHIPS instead of Fedwire, as CHIPS is less expensive (both by charges and by funds required).


http://www.helium.com/items/2283613-top-air-force-scientist-wants-to-peer-into-souls
Excerpt:
Top Air Force scientist wants to 'peer into souls'
by Terrence Aym
Created on: January 23, 2012

The United States Air Force's (USAF) top resident genius, Dr. Mark Maybury, wants to create a sensor network allowing operators to read the "hearts and minds" of enemies and predict future wars in advance.

If the late director Stanley Kubrick was still around he might consider making a movie out of the US Air Force's latest scheme—building a "social radar" system designed to peer into peoples souls. He might title the film: "Son of Dr. Strangelove, or How I Learned to Stop Worrying and Love Being Brain Probed."

Maybury has a good reason for dubbing his brainstorm "social radar." As he told Wired.com's Danger Room, “The Air Force and the Navy in this and other countries have a history of developing Sonar to see through the water, Radar to see through the air, and IR [infrared] to see through the night. Well, we also want to see into the hearts and
the minds of people.”

From robotic drones to telepathic cyber warfare to mind-reading the enemy

Lately, the USAF has gotten pretty ambitious with its projects. It's bumped up the capabilities and number of its unmanned aerial vehicles and is in the process of deploying them in strategic theaters all over the world.

Other projects, some with the joint co-operation of the Defense Advanced Research Projects Agency (DARPA) have involved capturing the leading edge of the burgeoning expansion by some potential adversaries into sophisticated cyber warfare. The USAF (and to some extent the US Navy) has promoted and funded the idea of human-machine interfacing. Linking the human brain directly to cybernetics will permit the creation of biocybernetics, a formidable defensive and offensive weapon for deployment against enemy cyber attacks, or so some military researchers argue.

One of the most advanced projects that both the Department of Defense and DARPA have been pushing involves the ability to sort of see into the future and predict an enemy's mindset and where that mindset might lead. Maybury's idea is pushing the concept farther.

His 11-page white paper about social radar written for the MITRE Corporation, explains in detail the desktop approach to creating a sensory network system with the ability to intuit enemies thoughts and emotions.

Although the system envisioned will not reach the territory of true mind-reading, it's moving in that direction. The way Maybury's idea works, according to MotherJones.com is, "He's looking for a way to compile massive amounts of biometrics and sociometrics—everything

http://www.pakalertpress.com/2012/01/23/the-us-air-force-wants-to-monitor-track-and-analyze-everything-done-on-the-internet-around-the-globe/
Excerpt:
They also mention "the geopolitical chess match with China" along with covert wars in Yemen, Pakistan and Mexico, all which "require deep knowledge of all the pieces on the board" but once again fail to even consider the possibility of the United States not taking a confrontational approach to the world.

In researching this field I have come to the realization that the vast majority of journalists, authors and researchers fail to even consider the fact that this conflict-oriented approach need not be a given.

The concept of Social Radar is much like what the Department of Homeland Security (DHS) is already doing in the United States.

However, it appears that Maybury's Social Radar would be much more comprehensive in the media it collects compared to the domestic programs which mostly monitor social media websites, blogs, social media trend tracking websites, news websites, etc. whereas Social Radar would integrate just about everything you can think of.

The domestic programs being used to spy on the American people currently, like Maybury's Social Radar, regularly claim to be preserving the privacy of users, or in the case of the domestic programs, they claim they do not collect Personally Identifiable Information (PII).

http://en.wikipedia.org/wiki/Mark_T._Maybury
Excerpt:
Dr. Mark Thomas Maybury (born 1964) is Chief Scientist of the United States Air Force, Washington, D.C. He serves as chief scientific adviser to the Chief of Staff of the Air Force and Secretary of the U.S. Air Force, and provides assessments on a wide range of scientific and technical issues affecting the Air Force mission. A former Air Force officer, Dr. Maybury is currently on a leave of absence as an Executive Director at the MITRE Corporation. He is editor or co-author of 10 books and 60 refereed publications. He is an IEEE Fellow and has been awarded several U.S. patents.

http://bob-mitchell.blogspot.com/2012/01/air-forces-top-brain-wants-social-radar.html#axzz1lAmakRXv
Excerpt:
"We're supposed to provide ISR," says Maybury, using the military acronym for intelligence surveillance and reconnaissance. "But our constituents [say], `Don't just give me a weather forecast, Air Force, give me an enemy movement forecast.' What's that about? That's human behavior. And so [we need to] understand what motivates individuals, how they behave."

Maybury, dressed in his preferred outfit — a double-breasted black blazer and silver, rectangular glasses — discussed his Social Radar notion as part of a 90-minute interview in his Pentagon office, his native Massachusetts accent growing thicker as the discussion drew on.
An artificial intelligence and language processing specialist, he's been working for the military, on and off, since the mid-1980s. But as the counterinsurgencies in Iraq and Afghanistan wore on, he found himself drawn further and further into what he calls the "human domain" of combat.
In the last few weeks, the Pentagon may have downgraded counterinsurgency in its strategy revamp.

http://www.wired.com/dangerroom/tag/air-force/
Excerpt:
Humans Lose, Robots Win in New Defense Budget
By Spencer Ackerman Email Author January 26, 2012

The big loser in the Pentagon’s new budget? Ordinary human beings.

About 80,000 Army soldiers and 20,000 Marines are getting downsized. Half of the Army’s conventional combat presence in Europe is packing up and ending its post-Cold War staycation. Replacing them, according to the $613 billion budget previewed by the Pentagon on Thursday: unconventional special-operations forces; new bombers; new spy tools; new missiles for subs; and a veritable Cylon army of drones.

This is the first of the Pentagon’s new, smaller “austerity” budgets: it’s asking Congress for $525 billion (plus $88.4 billion for the Afghanistan war), compared to a $553 billion request (plus $117 billion in war cash) last year. Only the Pentagon is emphasizing (.pdf) what the military is keeping, not what it’s cutting. That’s because congressional Republicans don’t like swallowing these cuts — and really don’t want to acquiesce to a currently-scheduled law that could tack on another $600 billion-plus to the already-scheduled, decade-long $487 billion in cuts. Defense Secretary Leon Panetta is preempting the objections, promising a force that’s “smaller and leaner, but agile, flexible, ready and technologically advanced.”

That means no changes to the U.S. fleet of 11 aircraft carriers and 10 air wings, all reflecting the Obama administration’s emphasis on the western Pacific. It means leaving the nuclear triad — the bombers, subs and missiles that can end all life on earth — alone. (With one exception: the military will delay replacing the Ohio-class submarine by two years.) It means electronic weapons to jam enemy defenses and attack online networks. It means elite commando forces like the ones who just rescued two aid workers kidnapped in Somalia. And it means drones for breakfast, lunch, dinner and dessert.

Air Force’s Top Brain Wants a ‘Social Radar’ to ‘See Into Hearts and Minds’
By Noah Shachtman Email Author January 19, 2012 | 6:30 am
Scientists of the Air Force usually spend their time trying to figure out how to build better satellites or make jets go insanely fast. Which makes Dr. Mark Maybury, today’s chief scientist, a bit of an outlier. He’d like to build a set of sensors that peer into people’s souls — and forecast wars before they erupt.

Maybury calls his vision “Social Radar.” And the comparison to traditional sensors is no accident, he tells Danger Room. “The Air Force and the Navy in this and other countries have a history of developing Sonar to see through the water, Radar to see through the air, and IR [infrared] to see through the night. Well, we also want to see into the hearts and the minds of people,” says Maybury, who serves as the top science advisor to the Air Force’s top brass.