The John Batchelor Show

Tuesday 16 June 2015

Air Date: 
June 16, 2015

The PAK FA, a fifth-generation jet fighter, is intended to be the successor to the MiG-29 and Su-27 in the Russian inventory and serve as the basis of the Sukhoi/HAL FGFA being developed with India. The T-50 prototype performed its first flight 29 January 2010.
Image, left, is an elegant spec sheet produced by RIA Novosti (sometimes RIA), which was Russia's international news agency until 2013 and continues to be the name of a state-operated domestic Russian-language news agency.
 
JOHN BATCHELOR SHOW
 
Co-host: Larry Kudlow, CNBC senior advisor; & Cumulus Media radio

Hour One
Tuesday  16 June 2015  / Hour 1, Block A: Phil Izzo, WSJ lead editor, Real Time Economics blog, in re: LK: Donald Trump is an America First fellow [not quite accused of being an Amerca First member or America Firster], who holds that bureaucrats, pols and most everybody else is in the way and bleeding tax dollar; that he, alone, can solve the country's problems and turn around our economy and international standing.  JR:  In the first quarter the economy fell – not good , but seems to have been a one-off. Same as 2009 onward: we're always waiting waiting to break out.  LK: Zero inflation, lower energy prices, a real income effect that [should have led to] better spending.  . . . at tomorrow's FOMC mtg, Yellin will hang on to "gradual," will cook up arguments, will raise rates at the rate of an injured snail, from Sept to the end of the year. Note:  there's a Fed mtg in July; not out of the question that they'll raise the target rate by a quarter-per cent. 
Tuesday  16 June 2015  / Hour 1, Block B: Phil Izzo, WSJ lead editor, Real Time Economics blog, in re: Dot-plot.  Attend to the tone, and the path of the rate-rise. Fed releases every quarter its forecast, one each from each Fed governor, each prognostication is on a graph as a dot.   Dot-plots let us know when they thing rates will raise; 0.675 expected this year – most on the Fed expected two increases this year.  Probably first raise in September.   . . . The five members of the Board are more dovish than the FOMC.  Can’t use Fed funds rate, so use excess reserves.
Tuesday  16 June 2015  / Hour 1, Block C: Joseph Rago, WSJ editorial board & Pulitzer Prizewinner, in re: King v Burwell - does the Fed govt have the authority  to require states to establish their own health-care exchanges? If you lose the subsidies (abt 10 million persons) will be exposed to the full cost of Obamacare, which is overpriced; left holding an unaffordable bag. W can probably predict that Pres Obama will say you can fix this with a one-sentence bill to restore the subsidies, then disseminate horrid stories. If the DC GOP lacks a simple, salient answer they'll get routed. GOP needs to extend coverage for 18 mos or more, that no one need worry that they’ll lose their benefits. GOP is vulnerable to the charge of heartlessness. Seeds to say: "We will take care of sick people, incl covering pre-existing conditions." There are ll kinds of market-based ways to take good care of sick people.  This is the health-care analogue to immigration – for which the GOP also has no plan.   . . .  An inefficient industry. The taxes and regs are job-killers; can be reformed and produce another percentage of growth. 
Tuesday  16 June 2015  / Hour 1, Block D: Larry Kudlow, CNBC senior advisor; and Cumulus Media radio; in re:   Jeb proposed a 4% economic growth plan; JFK campaigned on 5%. We’re 'way behind right now – no reason fr he American economy not to rebound for half a dozen years starting soon. I was pleased that Jeb Bush came out with that – from the  G W Bush Institute, with Amity Shlaes.  I argue that Reagan was a much better president than a governor; was a negotiator – got that from running the Screen Actors Guild.   "Give me half a loaf; I'll get the other half next time."
 
Hour Two
Tuesday  16 June 2015  / Hour 2, Block A: Stephen F. Cohen, NYU & Princeton professor Emeritus; author: Soviet Fates and Lost Alternatives: From Stalinism to the New Cold War, & The Victims Return: Survivors of the Gulag after Stalin; in re: Russian folk culture says,  A pessimist thinks thing cannot get worse; an optimist thinks they have. NATO head says Russia 'nuclear sabre-rattling' is 'dangerous' f24.my/1IMjNJ7 pic.twitter.com/UKUH388m9m
NATO Secretary General Jens Stoltenberg speaks during a joint press conference on June 16, 2015 at EU headquarters in Brussels
NATO head Jens Stoltenberg warned Tuesday that Russian plans to deploy 40 new nuclear ballistic missiles announced by President Vladimir Putin were part of a dangerous pattern of behaviour by Moscow. "This nuclear sabre-rattling by Russia is unjustified, destabilising and it is dangerous," Stoltenberg said after a meeting with European Commission head Jean-Claude Juncker.
http://www.aljazeera.com/news/2015/06/putin-russia-beefing-nuclear-arsenal-150616122539478.html   ;     http://www.nytimes.com/2015/06/17/world/europe/putin-40-new-missiles-russian-nuclear-arsenal.html
Putin's comment came at the opening of an arms show near Moscow on Tueday, a day after Russian officials denounced a US plan to station tanks and heavy weapons in NATO states on Russia's border as the most aggressive US act since the Cold War.
"More than 40 new intercontinental ballistic missiles able to overcome even the most technically advanced anti-missile defence systems will be added to the make-up of the nuclear arsenal this year," Putin said.
Putin also noted that the military was to start testing its new long-range early warning radar intended to monitor the Western direction.
James Miller @MillerMENA   Moscow Says If the US Sends Tanks to the Baltics then Russia May Send Nukes to Kaliningrad
The United States has plans to pre-position stocks of heavy weapons in Eastern Europe and the Baltic nations sufficient to equip a brigade of 3,000 to 5,000 troops, including tanks and infantry fighting vehicles, senior U.S. and allied officials said, New York Times reported June 13. This would be the first time such weapons deployments have been made since the end of the Cold War. Defense Secretary Ash Carter has not yet approved the plan. (1 of 4)
Tuesday  16 June 2015  / Hour 2, Block B: Stephen F. Cohen, NYU & Princeton professor Emeritus; in re: http://www.unian.info/society/1090045-ukraine-is-on-road-to-becoming-a-model-for-other-countries-samantha-power-video.html   ;  http://peacekeeper.ru/en/?module=news&action=view&id=26257   (2 of 4)
Tuesday  16 June 2015  / Hour 2, Block C:  Stephen F. Cohen, NYU & Princeton professor Emeritus; in re: http://www.pewglobal.org/2015/06/10/nato-publics-blame-russia-for-ukrain... (3 of 4)
Tuesday  16 June 2015  / Hour 2, Block D: Stephen F. Cohen, NYU & Princeton professor Emeritus (4 of 4)
 
Hour Three
Tuesday  16 June 2015  / Hour 3, Block A: Napoleon: A Life, by Andrew Roberts, Part II (of IV); segment 1 of 4
Tuesday  16 June 2015  / Hour 3, Block B: Napoleon: A Life, by Andrew Roberts, Part II (of IV); segment 2 of 4
Tuesday  16 June 2015  / Hour 3, Block C: Napoleon: A Life, by Andrew Roberts, Part II (of IV); segment 3 of 4
Tuesday  16 June 2015  / Hour 3, Block D: Napoleon: A Life, by Andrew Roberts, Part II (of IV); segment 4 of 4
 
Hour Four
Tuesday  16 June 2015  / Hour 4, Block A:  Salena Zito, Pittsburgh Tribune-Review & Pirates fan, in re: http://triblive.com/news/adminpage/8569782-74/party-conference-state#axzz3dGGTYmcw   ; Philly to host 2015 Northeast Republican Leadership Conference this week   
Republicans are billing theirs as the “Grand Opportunity Party” when their Northeast Republican Leadership Conference opens in Philadelphia this week. Attendees will talk with panelists about American foreign policy and terrorism, Obamacare and health reform, connecting with voters through social . . .
Tuesday  16 June 2015  / Hour 4, Block B:  Mike Giglio, Buzzfeed, in re: http://www.washingtonpost.com/world/islamic-state-routed-in-key-syrian-b...
Tuesday  16 June 2015  / Hour 4, Block C:  Robert Zimmerman, behindtheblack.com, in re: Philae returns to life!  After more than six months of silence after its bouncing landing on Comet 67P/C-G, Rosetta’s Philae comet lander has awakened and resumed communications with the science team.  More details here. The data they have so far received, which is still being analyzed, suggests that the lander has awakened previously and gathered data at that time. More . . .
Tuesday  16 June 2015  / Hour 4, Block D:   Rick Fisher, Intl Assessment and Strategy Center, in re: AIRSHOW-Russia's United Aircraft Corp eyes new wide-body jet ... ; ... speaking through a translator, told reporters at the Paris air show on Monday. The joint project could give both China and Russia a chance to ... ; UAC, Comac to Define Widebody Aircraft by September  ;  Russia Eyes New Wide-Body Jet, Co-Developed with China, by ... ; Russia to Receive New Fighters by Early 2017  Explore in depth (20 more articles)
United Aircraft Corporation (UAC) and Comac will present detailed plans for their widebody aircraft to the Russian and Chinese governments in September, UAC President Yuri Slyusar said at the Paris air show.  The plans will form the basis for a government-level decision to formally launch the aircraft project, which Slyusar described as getting equal input from the Russian and Chinese aerospace industries. The two companies plan to develop, get certification and deliver the first aircraft within ten years and forecast 2025 for entry-into-service.  Slyusar did not provide more specific data for the aircraft, but reiterated that . . .
..  ..  ..