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Chairman Sheila Bair said the agency would put out for public comment the options to rebuild the fund — which has been significantly drained by a sharp increase in bank failures — including tapping the FDIC’s line of credit with the U.S. Treasury.

“We are carefully considering all our options, including borrowing from Treasury,” Bair said at a global finance summit in Washington.

She said the FDIC also had lesser-known alternatives for replenishing the fund, such as prepayments of assessments on banks and issuing a note. She did not give further details on those options.

“Payment option ARMs are about to explode,” Iowa Attorney General Tom Miller said after a Thursday meeting with members of President Barack Obama’s administration to discuss ways to combat mortgage scams.

“That’s the next round of potential foreclosures in our country,” he said.

Option-ARMs are now considered among the riskiest offered during the recent housing boom and have left many borrowers owing more than their homes are worth. These “underwater” mortgages have been a driving force behind rising defaults and mounting foreclosures.

In Arizona, 128,000 of those mortgages will reset over the the next year and many have started to adjust this month, the state’s attorney general, Terry Goddard, told Reuters after the meeting.

“It’s the other shoe,” he said. “I can’t say it’s waiting to drop. It’s dropping now.”

The mortgages differ from other ARMs by offering an option to pay only the interest each month or a low minimum payment that leads to a rising balance in the loan’s principal.

Because the new monthly payments can be five or 10 times what borrowers are accustomed to paying, they “threaten a much greater hit to the consumer than the subprimes,” Goddard said, referring to the mortgages often extended to less credit-worthy borrowers that fed the first wave of the financial crisis.

Miller said option-ARMs were discussed at Tuesday’s meeting on mortgage scams, which brought state attorneys general from across the country together with U.S. Treasury Secretary Timothy Geithner, Attorney General Eric Holder, Housing and Urban Development Secretary Shaun Donovan, and Federal Trade Commission Chairman Jon Leibowitz.

For its key selling point is a satellite positioning system that locates the wearer to within ten feet.

The makers claim the GPS tracking device will offer anxious parents peace of mind and allow children the independence to go out to play on their own.

But critics have said the ‘tagging’ is a step too far in the climate of paranoia over child safety.

The letter to President Dmitri A. Medvedev was hand-delivered in Moscow by top administration officials three weeks ago. It said the United States would not need to proceed with the interceptor system, which has been vehemently opposed by Russia since it was proposed by the Bush administration, if Iran halted any efforts to build nuclear warheads and ballistic missiles.

Yavapai authorities are investigating the incident as a probable suicide, said Sgt. Jim Cunningham of the Glendale Police Department.

Hardy went missing from his home near 67th Avenue and Deer Valley Road on Saturday evening.

His wife said that when she left the home at 6:30 p.m., Cornelius was in a room with one of their daughters, who was asleep on the couch. When she returned at 8:30 p.m., her husband was gone and her daughter was still asleep on the couch.

With the government borrowing record amounts of money, the nation’s current debt ceiling of $12.1 trillion will be pierced soon.

That ceiling is the cap on how much the country allows itself to have in debt. In credit card parlance, the ceiling is the U.S. credit limit. At the end of August, U.S. debt totaled $11.8 trillion. That’s roughly $349 billion shy of the statutory limit.

Operations at the Venice Airport have involved individuals whose names figure prominently in the Kennedy Assassination, for example Texas oilman General D. H. (Harry) Byrd, owner of a defense contractor which in the late 50’s and early 60’s built and launched Regulus II cruise missiles from the beach directly in front of the Venice Airport in a program run out of at Eglin AFB in Florida’s panhandle.

“Vought’s Regulus II was a Mach 2 capable cruise missile optimized for launch from surfaced submarines and other Navy surface vessels, and later served as a high-speed target drone for other weapon development programs,” company literature stated.
Byrd’s Chance-Vought Aircraft, later re-named LTV, would become—almost immediately after the JFK assassination—a principal beneficiary of the massive military spending accompanying the growth of American military involvement in the Vietnam War.

General Byrd, of course, was the owner of the Texas School Book Depository in Dallas, where the Warren Commission alleged Lee Harvey Oswald fired the shots which killed President John F. Kennedy.

The Departments of Defense (DoD) and Homeland Security (DHS) today announced an initiative to grant select state and major urban area fusion center personnel access to classified terrorism-related information residing in DoD’s classified network.

Under this initiative, select fusion center personnel with a federal security clearance will be able to access specific terrorism-related information resident on the DoD Secret Internet Protocol Router Network (SIPRNet)—a secure network used to send classified data. This classified data will be accessed via DHS’ Homeland Security Data Network (HSDN). DHS will be responsible for ensuring that proper security procedures are followed.

“With this action, DoD continues its work in supporting states and localities who are leading our efforts to secure the nation from domestic terrorism attacks, said Assistant Secretary of Defense for Homeland Defense and Americas’ Security Affairs Paul N. Stockton. “We look forward to exploring other opportunities where DoD can help our state and local partners effectively defeat terrorism.”

“This initiative reflects the federal government’s strong commitment to improve information sharing with our state, local, and tribal partners,” said DHS Acting Under Secretary for Intelligence and Analysis Bart R. Johnson. “Fusion centers are a critical part of our national security enterprise, and this new tool enables federal agencies to share information with these partners while utilizing our advanced technical capabilities for secure information sharing.”

This joint initiative will promote collaboration between DHS, DoD and other federal departments and agencies, enabling the trusted and secure exchange of terrorism-related information in order to detect, deter, prevent and respond to homeland security threats.

State and major urban area fusion centers provide critical links for information sharing between and across all levels of government, and help fulfill key recommendations of the 9/11 Commission. This initiative will serve as a valuable resource to enhance situational awaeness and support more timely and complete analysis of national security threats.

Increasing the breadth of law enforcement that have access to terrorism-related data will further improve the ability of fusion centers to prevent, detect, deter, and respond to terrorist attacks, and advance the combined missions of DHS and DoD to protect the nation’s security.

Fusion centers are hubs for local law enforcement, the private sector and the intelligence community, and were created in an effort to fight terrorism. There are more than seventy known centers across the United States.

The decision to give fusion centers access to classified intelligence appears to a shift in policy by Homeland Security. In July, Secretary Janet Napolitano “that fusion centers were not intended to have a military presence, and that she was not aware of ones that did,” according to the New York Times.

The centers have been a flashpoint of criticism from civil liberties groups. The American Civil Liberties Union, in particular, has been a vehement critic.

“As fusion centers gain more and more access to Americans’ private information, the information about them being made available to the American public remains woefully inadequate,” Michael Macleod-Ball, Acting Director of the ACLU Washington Legislative Office, said in a statement. “There is a stunning lack of oversight at these fusion centers and, as we’ve seen, these centers are rapidly becoming a breeding ground for overzealous intelligence activities. Opening the door for domestic law enforcement to gain access to classified military intelligence coupled with no guidelines restricting the military’s role in fusion centers is a recipe for disaster.”

In February, the ACLU highlighted a bulletin issued by a West Texas center. The Texas bulletin said it was “imperative for law enforcement officers to report” the activities of lobbying groups, Muslim civil rights organizations and anti-war protest groups in their region.

The model also took fire in April after a Virginia fusion center directive became public, which declared that US universities had become “radicalization node“s for potential terrorist activity — singling out several historically black colleges. The memo also called out “hacktivism” as a potential terrorist threat.

Remarkably, among the fusion center’s critics is the Justice Department itself. A December, 2008 “Privacy Impact Assessment” of the centers issued by the Department listed a number of key privacy weaknesses of the intelligence nexuses.

Among the problems listed were: “Justification for fusion centers; Ambiguous Lines of Authority, Rules, and Oversight; Participation of the Military and the Private Sector; Data Mining; Excessive Secrecy; Inaccurate or Incomplete Information; and Mission Creep.”

Defenders take message to Congress

A Homeland Security proponent, Robert Riegle of the State and Local Program Office, Office of Intelligence and Analysis, defended the centers in testimony to Congress in April, saying they’d experienced numerous law enforcement successes as a result of information sharing.

“Fusion centers are the core means by which we promote Federal, State, local and Tribal information sharing. Today, the Department of Homeland Security and the Department of Justice recognize 70 fusion centers, including ones in every state and every major city of the United States,” Riegle said. “Nearly half of these centers have been stood up since 2006 and have grown rapidly in number and effectiveness. Many fusion centers are in their infancy and many infrastructure challenges remain, but the successes that the centers have realized thus far give us good reason for our continued support.”

“Fusion centers are force multipliers,” Riegle added. “They leverage financial resources and the expertise of numerous public safety partners to increase information awareness and help our law enforcement agencies more effectively protect our communities. Thoughtful analysis about risks to our communities supports elected officials and homeland security leaders. This enables states and localities to better utilize limited financial resources to make effective, risk-based decisions about public safety matters and mitigate threats to the homeland.”

The ACLU isn’t so sure.

The Thermal Laser Weapon is a device that attaches to standard rail system on military rifles. Like the vehicle-mounted Active Denial System, it works by heating up the outer layer of skin, causing a very painful burning sensation without — in theory — causing any actual damage. The Active Denial System uses short microwaves, the Thermal Laser Weapon uses an infra-red laser. Work on the device is a direct outgrowth of the work on thermal lasers described in Danger Room last year; field testing of the Thermal Laser Weapon by the Joint Nonlethal Weapons Directorate was announced this week.

The Thermal Laser’s immediate ancestor was the PHaSR (allegedly short for “Personnel Halting and Stimulation Response,” although the makers confess to being Star Trek fans). The PHaSR was a big, bulky weapon which combined an infra-red laser with a laser dazzler to produce a repel effect. Only the heating effect is mentioned for the Thermal Laser, but it seems likely that a visible laser would also be incorporated if only as an adjunct to aiming. The photo here shows the Saber 203, an earlier rifle-mounted dazzler.

The Active Denial System puts out around 100 kilowatts and illuminates an area about two meters across. And it produces a powerful “goodbye effect”: After several thousand tests, noone has been able to withstand it for more than five seconds moving out of the beam’s path. However, it’s not clear how effective a narrow beam of just a few watts would be, and this is what the designers of the Thermal Laser Weapon are trying to establish. The recent field evaluations highlighted one of problems with using infrared: Microwaves will go through any clothing, and can only be stopped by encasing yourself in tinfoil, but infrared can be blocked by clothing.

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