-Caveat Lector-

from:
http://www.aci.net/kalliste/
<A HREF="http://www.aci.net/kalliste/">The Home Page of J. Orlin Grabbe</A>
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Espionage

Israel Suspected of Transferring US Laser Weapon Data to China

Pollard was just par for the course

The Defense Intelligence Agency suspects Israel shared with China
restricted U.S. weapons technology obtained during a joint U.S.-Israeli
effort to build a battlefield laser gun, The Washington Times has
learned.
Israeli government agents also have tried for the past two years to
obtain embargoed weapons know-how from U.S. defense contractors involved
in the Tactical High-Energy Laser (THEL) program, said officials
familiar with a Pentagon intelligence report on the issue.

The report said officials of the Israeli government armament agency
Rafael obtained some restricted technology from a U.S. defense
contractor involved in the program in 1996. The unauthorized transfers
prompted TRW Space and Electronics Group, the main contractor for the
program, to halt further data transfers to the Israelis.

DIA suspicions about the technology leakage are based on reports from
U.S. contractor employees in Israel who spotted Chinese technicians
working secretly with one of the Israeli companies involved in the laser
weapon program, and also from a Chinese official who knew details about
it, said the officials who declined to be named.

"If the Chinese are seeking this technology in Israel, it's another
episode in their worldwide effort to purloin Western technology," said
Gary Milhollin, director of the Wisconsin Project on Nuclear Arms
Control.

The $131 million joint laser weapon program was launched in 1996 in an
effort to rapidly build a weapon to knock out Katyusha rockets fired by
Hezbollah guerrillas based in southern Lebanon.

The system consists of a pointer-tracker, a laser, and a battle
management system. It is being developed by TRW, two other U.S.
contractors -- Ball Aerospace & Technology and Contraves Brashear
Systems -- along with four Israeli firms. Israel expects to field the
first anti-rocket laser unit later this year in northern Israel.

As part of a memorandum signed by officials from both countries in July
1996, the lasers are supposed to have built-in software limiting their
range.

The system is designed for knocking out 122mm Katyusha rockets, which
have ranges of several miles, and mortar and artillery. The agreement
also restricts transferring the technology to other countries.

The Israelis have been trying to obtain the source codes for the laser's
target selection computer software to increase its range so the weapons
can be used to knock out other targets such as short-range missiles or
aircraft.

The DIA said if Israel obtains the embargoed software coding used to
target the laser gun, it could "fire at targets other than those
permitted by the Memorandum of Agreement with Washington," and it would
allow "a controlled technology to proliferate."

"Acquiring and modifying the source codes would help Tel Aviv overcome
the mission-limiting U.S. engineering built into the THEL system," the
report said.

Some DIA officials were alarmed by several reports that Chinese weapons
technicians are working secretly at an Israeli Aircraft Industries (IAI)
plant involved in the laser gun program. IAI is working on the THEL
system's radar, fire control assemblies and sensors for its
pointer-tracker.

According to DIA, Chinese officials were seen at the IAI Systems and
Space Technology Division facility outside Tel Aviv twice between July
and October 1997. The U.S. employees were told the "Chinese presence"
was supposed to be kept secret from the United States. On a third
occasion, the U.S. workers at the plant were "rushed" out of the IAI
plant after seeing Chinese workers there, the report said.

The report stated that Israeli Aircraft Industries in the past offered
transfers of restricted weapons technology to foreign customers in an
effort to conclude weapons deals. "IAI has transferred technology to
China, possibly including U.S.-supplied technology," the report said.

The DIA said it could not confirm that Chinese officials at the Israeli
factory were working on lasers. But the agency said its suspicions were
bolstered by a Chinese scientist who had revealed details about the THEL
system and asked for more information about the weapon, once called
Nautilus, during an international symposium on lasers.

"Beijing is working on high-energy deuterium fluoride lasers most likely
for weapons applications and has acquired technology in this area from
Russia," the report said.

Spokesman for TRW, Ball Aerospace and Contraves Brashear referred calls
to the U.S. Army Missile and Space Command in Alabama, which had no
immediate comment. A spokeswoman for the Israeli Embassy also had no
comment.

Officials said the reference to earlier leaks of U.S. technology from
Israel to China involved Beijing's acquisition of U.S. Patriot
anti-missile interceptor technology in 1992.

The Bush administration investigated whether Israel illegally
transferred Patriot know-how, a probe first disclosed by The Times. The
investigation failed to confirm intelligence reports indicating one of
Washington's closest allies had shared sensitive weapons data with
China. CIA Director Robert Gates said in 1993 that China had acquired
the Patriot technology, but government officials were divided over
whether Israel had secretly supplied it.

Regarding recent efforts to acquire restricted THEL software, the DIA
said that after Rafael was denied access to the source codes, the
Israeli representatives demanded further software transfers from the
U.S. subcontractor, and also tried to "pressure" TRW into having the
State Department grant an export license, the report said.

The Israeli program manager and an electronics engineer also tried to
illegally obtain software codes and details on the THEL computer
controller, according to the DIA.

In a third case, an Israeli Defense Ministry consultant tried to acquire
"tracking algorithms" used in the radar focal plane array used by the
laser gun's pointer-tracker.

Initial requests for the source code were made on May 1, 1997, and after
the request was flatly denied, the consultant set up a meeting with TRW
official and again demanded the codes for the weapon's software.

"I have no comment on intelligence matters," Pentagon spokesman Kenneth
Bacon said. A spokesman for the U.S. Army Space and Missile Defense
Command in Huntsville, Ala., said he was unaware of the Israeli efforts
to obtain embargoed THEL technology or the improper release of data.

The Washington Times, Jan. 27, 1999


Impeached POTUS

Vote for Witnesses Brings Clinton's Nightmare Nearer

"Monica stalked me, threatened me if I didn't have sex with her"

THE Senate voted yesterday to call witnesses and quashed a motion to
dismiss the impeachment case against Bill Clinton. The President's
recurrent nightmare - that Monica Lewinsky, his former lover, would
appear on television and recount their alleged lies under oath and
obstruction of justice - thus moved to the brink of reality.
But the loss of the motion to dismiss by 44 to 56 was a significant
victory for Mr Clinton in one way. It signalled that 44 Democrats
intended to acquit him irrespective of what the witnesses may say. It
takes a two-thirds majority to convict in impeachment trials, so Mr
Clinton needs only 34 votes to stay in office.

The vote for witnesses was similarly passed by a 56-44 margin. Both
votes were largely along party lines, with just one Democratic defector,
Senator Russell Feingold of Wisconsin. The trial then went into recess
with Republicans pushing a plan to end the trial by next Saturday, Feb
6, whether or not witness depositions lead to live testimony in the well
of the Senate.

Yesterday's decision was to allow depositions only from Miss Lewinsky,
Vernon Jordan, the President's friend who she says told her to destroy
evidence of her Oval Office affair, and Sidney Blumenthal, who says Mr
Clinton depicted the young woman as a "stalker" who threatened malicious
scandal if he refused to have sex with her.

It would take another vote, on Tuesday if the Republican plan was
accepted, to bring witnesses into the Senate - a move that would command
a massive television audience and, Mr Clinton fears, perhaps at last
turn public opinion against him.

Trent Lott, the Republican majority leader, wants to limit depositions
to six hours per witness, three hours each for prosecution and defence.
Miss Lewinsky, Mr Jordan and Mr Blumenthal would be interrogated between
now and Monday, when their testimony would be released to senators. The
depositions may be videotaped and broadcast, as was Mr Clinton's grand
jury testimony.

The White House condemned the proposal, saying: "This is like
blindfolding us". Joe Lockhart, the President's chief spokesman, added
that Mr Clinton's legal team must be given plenty of time to prepare for
the depositions, otherwise the Senate would be tarnished as
"fundamentally unfair", just as last month's House of Representatives'
impeachment was.

Mr Clinton's team has threatened that it would tie up Congress for
months if witnesses were called but the Senate can impose its own
timetable. Besides, say many Republicans, the White House is bluffing
because there are no fact witnesses who could support Mr Clinton's
claims of innocence, so the President is unlikely to call any.

Republicans have a shaky 55-45 majority, and it could crumble. Mr
Clinton would benefit from an ugly row in the Senate which would
demonstrate the partisan nature of the process. Republicans have given
ground all the way through to avoid arguments and lend legitimacy to the
impeachment and trial.

To lure the Democrats into an agreed "bipartisan" exit strategy, the
Republicans increasingly support a plan to hold two pairs of votes at
the end of the trial. The first pair would decide whether Mr Clinton
committed the crimes of perjury and obstruction of justice, and the
second whether he should be removed from office for either of them.

Guilt without removal is seen by many as unconstitutional. Democrat
leaders currently oppose it because it might encourage some in their
party to join Republicans in stamping guilt on the Democratic president,
knowing it would not trigger the "nuclear option" of removal.

Republicans counter that it would also prompt many Republicans to join
Democrats and vote to keep Mr Clinton in the White House, as desired by
two-thirds of the public.

The London Telegraph, Jan. 28, 1999


Impeached POTUS

Taking Clinton Down, One Step at a Time

by Dick Morris

The impeachment snowball isn't in meltdown, it's rolling down Capitol
Hill, gaining heft with each rotation.
If you believe the three witnesses the Senate will vote to depose -
Lewinsky, Jordan and Blumenthal - are the end of the process ...

Then you must be one of those who thought that Kenneth Starr would never
recommend impeachment ...

Or that the Judiciary Committee would never recommend impeachment ...

Or that the House would never vote impeachment ...

Or that the Senate would dismiss the charges before the trial started
...

Or that the Senate would dismiss after opening statements ...

Or that the Senate would never depose witnesses ...

The deposition of witnesses is merely the next step in a process that,
inevitably, will go the distance, with each step justifying the previous
one until a full trial has run its course. The depositions will likely
lead to live testimony and then to more witnesses and more testimony.

Will the president's solid phalanx of support crack?

That depends on two people: Webb Hubbell and Betty Currie.

Webb and Susan Hubbell were indicted by Kenneth Starr on tax-evasion
charges, but their indictments were thrown out by a Democratic district
court judge. Yesterday, the circuit Court of Appeals reinstated the
indictments.

Kenneth Starr doesn't much care about the level of IRS tax collections.
He indicted the Hubbells to get Webb to talk about the jobs Clinton and
his friends got him to shut him up and stop him from spilling what he
knew about Whitewater.

Webb will take the pressure.

Susan likely won't and then Webb may not stand up either.

If the impeachment process goes on for a few more weeks, Starr can
pressure the Hubbells and might adduce enough evidence of Clinton's
generic patterns of obstruction of justice to make the Senate take
notice.

Betty Currie says Monica Lewinsky asked for her to pick up the gifts.
Lewinsky says Currie asked her and says she spoke with Currie three
times on the day she gave Currie the gifts.

If Lewinsky asked Currie to pick up the gifts, she might have done so on
her own. But if Currie was the one who called Lewinsky, it is very,
very, very unlikely that she did so on her own.

If Starr uses Lewinsky's testimony to threaten Curry, she might have
more to say about what Clinton did or did not tell her to do about the
gifts.

So the job of the Senate Republicans and the House managers is to take
each step knowing that each one makes the next one more likely. As they
buy time, Starr can increase the pressure. That's the only way Clinton
will leave office early.

The New York Post, Jan. 27, 1999


Financial Crisis in Japan

Secret Bond Deals Help Japanese Banks Hide Loses

Laundered Losses: make money on Japanese governments, lose on other
bonds


Japanese financial institutions are carrying out unorthodox and
secretive securities trades to hide recent losses in Japanese government
bond markets.


In particular, some banks have been pretending to "sell" JGBs at
artificially high prices to large Tokyo brokers, in exchange for other,
low quality bonds "bought" at artificially low [should read "high" not
"low"--Orlin] prices.


The deal allows investors to conceal losses temporarily because although
JGB losses need to be regularly reported under Japanese accounting
rules, losses on other securities, such as local government bonds, do
not.


The brokers conducting these deals for their clients insist they are not
illegal because the Japanese Securities Dealers' Association, the
industry body, changed its trading regulations last month, abolishing
the rule that all bond trades need to be conducted within 2 per cent of
the market price.


However, officials at the Ministry of Finance and Bank of Japan admit
that the rule change could encourage banks to conduct a form of tobashi,
the traditional Japanese practice of shuffling losses between accounts.


Western banks also believe the unorthodox trades would breach global
compliance standards. As a result, several have refused to conduct them,
even though they have been under huge pressure from Japanese clients.
William Campbell, head of research at JP Morgan, says: "This [change in
the rule] is very, very disappointing - it is a big step back."


The JSDA denies that December's rule change was intended to conceal
losses. "I do not think the rule change led to an increase in tobashi.
It may have allowed those engaged in the practice to do it on a larger
scale," says an official.


Many Japanese banks and life assurance companies are struggling to meet
capital adequacy and solvency standards at the end of the fiscal year in
March. The state of their bond portfolios has recently become critical,
since many suffered large losses when 10-year JGB yields more than
doubled to 2 per cent in December.


The biggest losses are believed to have occurred on 10-year JGBs issued
with a 0.9 per cent coupon in the autumn. However, large Japanese
brokers are now "buying" these JGBs from investors at around the par
price of 100, even though the actual market price has fallen to around
88.


In exchange, the brokers are "selling" cheap bonds, such as municipal
bonds, at inflated prices. The practice has reduced the "spread" between
JGBs and municipal bonds from around 20 basis points to 10 basis points
since December. One senior official at a large brokerage house said: "It
may be legal but it feels as though we're helping these companies doctor
their books - it doesn't feel right."

The Financial Times, Jan. 27, 1999
-----
Aloha, He'Ping,
Om, Shalom, Salaam.
Em Hotep, Peace Be,
Omnia Bona Bonis,
All My Relations.
Adieu, Adios, Aloha.
Amen.
Roads End
Kris

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