national security
Guest Post: Drones And The Right To Privacy
Submitted by Tyler Durden on 08/03/2013 09:45 -0500
On August 6th, the small town of Deer Trail, Colorado is set to vote on an ordinance that will permit the hunting of unmanned surveillance drones. The author of the ordinance, Phillip Steel, claims the gesture is “symbolic.” A handful of other American states are pursuing measures to limit the spying operations of Uncle Sam’s unmanned aerial vehicles. One has to be either lying or painfully ignorant to believe government will not abuse surveillance drones. State officials have rarely failed to use their capacity to terrify the populace. The prospect of around-the-clock surveillance is a chilling thought and one that should not be taken lightly. Unfortunately the only means to achieve some semblance of privacy requires a luddite approach to technology and a hermit’s approach to community. Otherwise, you avail yourself to the terror of visibility in what should otherwise be, in Thomas Paine’s words, the blessing of society.
Obama May Snub G20 Summit
Submitted by Pivotfarm on 08/03/2013 06:46 -0500Now that Edward Snowden has been granted temporary asylum in Russia and he has been allowed to leave the airport, things are starting to hot up between the US and Russia.
Frontrunning: August 2
Submitted by Tyler Durden on 08/02/2013 06:31 -0500- AIG
- Apple
- Auto Sales
- BAC
- Bank of America
- Bank of America
- Barack Obama
- Barclays
- Barrick Gold
- Ben Bernanke
- Ben Bernanke
- Bond
- Brazil
- BRE Properties
- Carl Icahn
- Chesapeake Energy
- China
- Chrysler
- CIT Group
- Clear Channel
- Credit Suisse
- Crude
- Crude Oil
- Dell
- Detroit
- Deutsche Bank
- Evercore
- Federal Reserve
- Ford
- General Electric
- General Motors
- goldman sachs
- Goldman Sachs
- Greece
- Janet Yellen
- Keefe
- Kohn
- Lloyds
- Merrill
- Merrill Lynch
- Morgan Stanley
- Motorola
- NASDAQ
- national security
- Obama Administration
- Raymond James
- RBS
- Recession
- Reuters
- Royal Bank of Scotland
- Spansion
- Time Warner
- Wells Fargo
- Yuan
- Low Wages Work Against Jobs Optimism (WSJ)
- Tourre’s Junior Staff Defense Seen Leading to Trial Loss (BBG)
- Russia gives Snowden asylum, Obama-Putin summit in doubt (Reuters)
- Fortress to Blackstone Say Now Is Time to Sell on Surge (BBG)
- Brazil backs IMF aid for Greece and recalls representative (FT), previously Brazil refused to back new IMF aid for Greece, says billions at risk (Reuters)
- Google unveils latest challenger to iPhone (FT)
- Swaps Probe Finds Banks Manipulated Rate at Expense of Retirees (BBG)
- Academics square up in fight for Fed (FT)
- Potash Turmoil Threatens England’s First Mine in Forty Years (BBG)
- Dell Deal Close but Not Final (WSJ)
How the NSA Manipulates Language To Mislead The Public
Submitted by Tyler Durden on 08/01/2013 21:46 -0500
When we as a species use language to communicate and engage with one another, we have a certain understanding that certain words mean certain things. That is the entire purpose of language, effective communication between human beings that can be easily understood. As a result, we should be able to assume that when government bureaucrats utilize words that are commonplace within society, that these words represent specific commonly understood meanings. That would be a huge mistake. Jameel Jaffer and Brett Max Kaufman of the ACLU have compiled an excellent list of some commonplace words used by the NSA to mislead us into thinking they aren’t doing the bad things that they are actually doing. Words such as “surveillance,” “collect,” and “relevant.”
Edward Snowden Leaves Moscow Airport, Gets 1 Year Russian Asylum
Submitted by Tyler Durden on 08/01/2013 06:55 -0500Sheremetyevo Airport says Edward Snowden left one and a half to two hours ago
— Daniel Sandford (@BBCDanielS) August 1, 2013
Frontrunning: August 1
Submitted by Tyler Durden on 08/01/2013 06:34 -0500- B+
- BAC
- Bank of England
- Barack Obama
- Barclays
- Barrick Gold
- BOE
- China
- Citigroup
- Comcast
- Creditors
- Crude
- Dell
- Deutsche Bank
- Evercore
- Exxon
- Federal Reserve
- Ford
- Germany
- goldman sachs
- Goldman Sachs
- headlines
- ISI Group
- Larry Summers
- Merrill
- Merrill Lynch
- Morgan Stanley
- national security
- Natural Gas
- Obama Administration
- Pershing Square
- Raymond James
- RBS
- Real estate
- recovery
- Reuters
- Securities and Exchange Commission
- SWIFT
- Verizon
- Headlines only idiots, Schrodinger and Goebbels could love:
- For nuns and analysts alike, bank commodity earnings are a mystery (Reuters)
- US spying comes under fresh attack (FT)
- Summers Backed Yellen for Fed Before Rivals Now Prove More Alike (BBG)
- Good Luck Leaving Your Wireless Phone Plan (WSJ)
- Spain's Rajoy says he was wrong to trust treasurer in party funding scandal (Reuters)
- Shell's Profit Falls on Shale Write-Down (WSJ)
- Why Rand Paul and Chris Christie went to war (Politico)
- Sony Returns to Profit Aided by TV Business (WSJ)
NSA Admits: 'We Do Store All Your Data But We Don't Look At It All'
Submitted by Tyler Durden on 07/31/2013 19:35 -0500
The Director of National Intelligence released three declassified "in the interests of transparency" documents this morning that authorized and explained the bulk collection of phone data - one of the secret surveillance programs that Snowden revealed. As Reuters reports, much of what is contained in the documents has already been divulged in public hearings by intelligence officials but the National Security Agency's "Bulk Collection Program," carried out under the U.S. Patriot Act, is now in the open. Have no fear though, "Although the programs collect a large amount of information, the vast majority of that information is never reviewed by anyone in the government," the report said. As Senator Patrick Leahy commented, "what has to be of more concern in a democracy is whether the trust of the American people is beginning to wear thin."
NSA Spying Directly Harms Internet Companies, Silicon Valley, California … And the Entire U.S. Economy
Submitted by George Washington on 07/31/2013 12:47 -0500Mass Surveillance Is “Killing Our Most Productive Golden Goose”
New Revelations: NSA and XKeyscore Program
Submitted by Pivotfarm on 07/31/2013 10:47 -0500Just when you believed that the last you were going to hear about Edward Snowden was that he was holed up in the airport in Moscow, living off borscht and blini (obviously topped with caviar) all washed down with the potato drink, the outside world will be gearing itself up to go to the foot of their stairs in exclamations of ‘well, blow me down!’.
When Bad Government Policy Leads to Bad Results, the Government Manipulates the Data … Instead of Changing Policy
Submitted by George Washington on 07/30/2013 14:09 -0500- AIG
- Alan Greenspan
- B+
- B.S.
- Bank of New York
- Bear Stearns
- BLS
- Bureau of Labor Statistics
- CDS
- Central Banks
- Corruption
- Counterparties
- FBI
- Federal Reserve
- Federal Reserve Bank
- Federal Reserve Bank of New York
- General Electric
- Great Depression
- Larry Summers
- Lehman
- national security
- New Orleans
- New York Times
- President Obama
- Rating Agencies
- Robert Reich
- Robert Rubin
- TARP
- Treasury Department
- Unemployment
- Uranium
- Washington D.C.
Problem ... What Problem?
Ron Paul On A House Divided Over NSA Spying On Americans
Submitted by Tyler Durden on 07/29/2013 14:32 -0500
Last week’s House debate on the Defense Appropriations bill for 2014 produced a bit more drama than usual. Had Amash’s amendment passed, it would have been a significant symbolic victory over the administration’s massive violations of our Fourth Amendment protections. But we should be careful about believing that even if it had somehow miraculously survived the Senate vote and the President’s veto, it would have resulted in any significant change in how the Intelligence Community would behave toward Americans. The US government has built the largest and most sophisticated spying apparatus in the history of the world. Rep. Amash’s amendment was an important move to at least bring attention to what the US intelligence community has become: an incredibly powerful conglomeration of secret government agencies that seem to view Americans as the real threat.
US Government Will Go Bankrupt
Submitted by Pivotfarm on 07/26/2013 20:40 -0500This fall, the US government might go the very same way as Detroit and end up filing for chapter-11 help. In other words, it will end up asking itself to bail itself out.
Rumbled by the NSA
Submitted by Pivotfarm on 07/26/2013 12:25 -0500NSA has free access to your passwords when you back up your account on Google’s ‘back up my data’ featured on Android
There’s No Hiding from the NSA
Submitted by Pivotfarm on 07/25/2013 13:13 -0500It turns out that the National Security Agency of the US can actually locate your cell phone even when it has been turned off and is no longer emitting a signal.
When Is A Military Coup Not A Military Coup? When The US Says So
Submitted by Tyler Durden on 07/25/2013 13:08 -0500
First we had Schordinger markets in which value is either zero or whatever the Fed says it is; then we got Schrodinger economies when China was both expanding and contracting at the same time; now we have Schrodinger military coups which are both a coup and not a coup, at least as far as the US is concerned. According to AP: "The Obama administration will tell lawmakers Thursday that it won't declare Egypt's government overthrow a coup, U.S. officials said." So why will the US claim the obvious military overthrow of Morsi and his Muslim Brotherhood was a "democratic" process? Simple: it will allow the United States "to continue providing $1.5 billion in annual military and economic aid to the Arab world's most populous country." And why will the US continue providing Egypt with $1.5 billion in annual military aid? Simple: so Egypt can continue buying more Made In Lockheed Martin F-16 fighter jets to spread the Nobel Peace Prize winner's diplomatic agenda in the middle east. Because one must always think of the children GDP.




