China hacked the FDIC – and US officials covered it up, report says

China’s spies hacked into computers at the Federal Deposit Insurance Corporation from 2010 until 2013 — and American government officials tried to cover it up, according to a Congressional report.

The House of Representative’s Science, Space and Technology Committee released its investigative report on Wednesday.

It presents the FDIC’s bank regulators as technologically inept — and deceitful. Continue reading

China likely hacked US banking regulator – congressional report

WASHINGTON: The Chinese government likely hacked computers at the Federal Deposit Insurance Corporation in 2010, 2011 and 2013, according a congressional report on Wednesday that cited an internal investigation by the banking regulator. Continue reading

China Building Missiles to Strike Guam

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Ballistic and cruise missile threat to U.S. island is increasing, congressional commission says

China is building up intermediate-range ballistic and cruise missiles that pose a growing threat to Guam, the strategic Pacific island that is central to the U.S. military pivot to Asia, according to a congressional report made public Tuesday.

Six different missiles capable of reaching Guam from China are deployed or in late stages of development, says the report by the U.S.-China Economic and Security Review Commission. Continue reading

TSA Spent $160 Mil For Scanners With A 96% Failure Rate

Air Travel: When Congress decided to let the federal government take over airport security in the wake of 9/11, critics said it would only make matters worse. Fourteen years later, it looks like the critics had it exactly right.

On Monday, Politico broke the news that the federally run TSA has spent $160 million — or more than $150,000 per unit — on body scanners meant to prevent fliers from bringing contraband onto planes.

And what did taxpayers get for their money? Continue reading

Iran could recover from attack on its nuclear sites within six months, says U.S. report

Israel finds itself in a very difficult situation ahead: Hit or be hit. Moreover, as the article indicates, the amount of time in peace it will buy before an Iranian recovery is to remain limited. Six months seems to be a worst case scenario whereas a generally reported five to seven years is best case. Combine that with diminished support from a turncoat US administration and the pressure of a closing window of opportunity builds up.

U.S. congressional report says Israel and U.S. do not know exact location of Iran nuclear facilities, which may be dispersed in such a way that an Israeli attack would not be successful.

Iran could probably rebuild most of its centrifuge workshops within six months after an attack on its nuclear sites, according to a new report by U.S. congressional researchers, Bloomberg reported on Wednesday.

Full article: Iran could recover from attack on its nuclear sites within six months, says U.S. report (Harretz)