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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Chispas who wrote (71209)	11/14/2007 2:57:33 PM
From: RealMuLan	Read Replies (4) of 116555

[Money well spent<g>]--US plans new space weapons against China By Alex Spillius in Washington Last Updated: 3:42pm GMT 14/11/2007 telegraph.co.uk The Pentagon is spending billions of dollars on new forms of space warfare to counter the growing risk of missile attack from rogue states and the "satellite killer" capabilities of China. Congress has allocated funds to develop futuristic weapons and intelligence systems that operate beyond the Earth's atmosphere as America looks past Iraq and Afghanistan to the wars of the future. The Falcon could fly at six times the speed of sound and deliver bombs anywhere in the world in minutes The most ambitious project in a new $459 billion (£221.5 billion) defence spending Bill is the Falcon, a reusable "hypersonic vehicle" that could fly at six times the speed of sound and deliver 12,000lb of bombs anywhere in the world within minutes. The bombs' destructive power would be multiplied by the Earth's gravitational pull as they travelled at up to 25 times the speed of sound towards their target. The cost of the vehicle has not been revealed, but a spokesman for the Pentagon's Defence Advanced Research Projects Agency (Darpa) said a first test flight was scheduled for next year. Loren Thompson, a leading defence analyst in Washington, said the focus of the project was attacking "time sensitive targets" in states such as North Korea and Iran, which have either developed nuclear weapons without international approval or are suspected of doing so.

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