Saturday, March 12, 2011

Steyn on the CIA

Mark Steyn seems to be back to regular writing, much to the benefit of all of us. Here's his latest:
"In the new budget, there's a request from the CIA for an emergency appropriation of $513.7 million. Great! A mere half-billion. That's enough for 10,000 cowboy poetry festivals. So what's it for? Toppling Kim Jong-Il? Taking out the Iranian nuclear program?
Er, no. It's an emergency payment to stop the CIA pension fund from going bankrupt next year with unfunded liabilities of $6.4 billion. The CIA failed to foresee the collapse of the Iron Curtain until it happened. It failed to spot that Pakistan was going nuclear until it happened. But, when the world's most bounteously endowed intelligence agency fails to spot that its own pension fund is going bankrupt until it happens, I wouldn't bet the future on anyone in the United States government having much of a clue about what is or isn't "in China's interest.""
Read the whole thing. Comedy gold!

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