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Forget Bitcoin, Bernanke, & Musk; The Real Bubble Is At The NSA

Tyler Durden's picture




 

Depending on the time of day, Bitcoin is up 100% (or 200% or 300%) or down 50% as the crypto-currency swings violently around in what appears a death spasm only to transform into a Tesla-like phoenician rise. But there is another crypto-related bubble that is exploding - and showing no signs of stopping. As Russia Today notes, the so-called "Snowden Effect" has seen Freedom of Information Act requests filed with the National Security Agency increase 888% this fiscal year.

 

Via Russia Today,

“Fueled by the Edward Snowden scandal, more Americans than ever are asking the National Security Agency if their personal life is being spied on,” Yamiche Alcindor wrote for USA Today.

 

Indeed, the thousands of FOIA requests filed by Americans since June far outnumber the mere hundreds that it received annually in previous years.

 

...

 

Shortly after the first Snowden leak appeared on June 6, however, the agency became flooded with 1,302 requests almost immediately. During the following three months, the paper reported, the NSA received 2,538 requests, the likes of which have inundated the government staffers tasked with responding for the open records requests.

 

Pamela Phillips, the chief of the NSA Freedom of Information Act and Privacy Act Office, told the paper that "This was the largest spike we've ever had."

 

"We've had requests from individuals who want any records we have on their phone calls, their phone numbers, their e-mail addresses, their IP addresses, anything like that,” Phillips said.

 

...

 

[The NSA appears to be denying many of these requests]

 

"[Y]our request is denied because the fact of the existence or non-existence of responsive records is a currently and properly classified matter," the agency wrote him.

 

"Our adversaries are likely to evaluate all public responses related to these programs," the NSA said at the time to Collier. "Were we to provide positive or negative responses to requests such as yours, our adversaries' compilation of the information provided would reasonably be expected to cause exceptionally grave damage to the national security."

 

Months later, the NSA is apparently still giving concerned Americans the same runaround.

 

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Tue, 11/19/2013 - 14:07 | 4170359 TeamDepends
TeamDepends's picture

If you like your privacy, you can keep your privacy.

Tue, 11/19/2013 - 14:27 | 4170372 freewolf7
freewolf7's picture

Request denied. Thanks for writing.

Tue, 11/19/2013 - 14:28 | 4170445 Stackers
Stackers's picture

 "We've had requests from individuals who want any records we have on their phone calls, their phone numbers, their e-mail addresses, their IP addresses, anything like that,” Phillips said

 

 

What a great fucking idea. We need to start a "Flood the NSA with FOIA Request" movement.

 

 

Tue, 11/19/2013 - 14:29 | 4170448 Gen. Keith Alexander
Gen. Keith Alexander's picture

All we want to do is keep you safe.

Tue, 11/19/2013 - 14:38 | 4170498 CH1
CH1's picture

FUCK THE NSA!

Tue, 11/19/2013 - 14:46 | 4170529 Skateboarder
Skateboarder's picture

Uncle Peepin Tom.

Tue, 11/19/2013 - 15:10 | 4170658 Father Lucifer
Father Lucifer's picture

Robo response for all!

Tue, 11/19/2013 - 16:52 | 4171174 Boris Alatovkrap
Boris Alatovkrap's picture

All FOIA rejection appropriately is sign by Linda Green.

Tue, 11/19/2013 - 17:50 | 4171472 TwoShortPlanks
Tue, 11/19/2013 - 14:50 | 4170546 Cognitive Dissonance
Cognitive Dissonance's picture

From my point of view I'm not too worried about what the NSA has been doing. For years now I have assumed that I am under constant surveillance. In fact it seems to me that the NSA and the security state in general want these disclosures to happen. After all.....if they didn't want this out there, then there were/are multiple ways to stop the leaks including assassinations and disappearances.

What really worries me is what has been put in place to replace what they have already allowed to be disclosed.

Tue, 11/19/2013 - 15:56 | 4170933 Nobody For President
Nobody For President's picture

Plus one to our new ZH General for the great login name.

Tue, 11/19/2013 - 16:00 | 4170956 Nobody For President
Nobody For President's picture

Alexander (/?æl?ks?ænd?r//?æl?ks???nd?r/) is a common male first name, and less common surname derived from the Greek "??????????" (Aléxandros). The most famous is Alexander the Great, who created one of the largest empires in ancient history.

Etymologically, the name is derived from the Greek "??????????" (Aléxandros), meaning "defending men"[1] or "protector of men", a compound of the verb "?????" (alex?), "to ward off, to avert, to defend"[2] and the noun "??????" (andros), genitive of "????" (an?r), "man".[3] It is an example of the widespread motif of Greek (or Indo-European more generally) names expressing "battle-prowess", in this case the ability to withstand or push back an enemy battle line.[citation needed]

From (of course) Wikipedia:

http://en.wikipedia.org/wiki/Alexander

Are we scared yet?

Tue, 11/19/2013 - 14:11 | 4170378 kralizec
kralizec's picture

If you like being spied on, you can continue to be spied on.

Tue, 11/19/2013 - 14:50 | 4170547 mofreedom
mofreedom's picture

Dear NSA,  Please forward me every email, phone, text, post, I've ever logged.

Reply from NSA:

Sure, but we're not quite done planting false data in them cause we are gonna git ya boy, yee haa!

Tue, 11/19/2013 - 16:07 | 4170987 kralizec
kralizec's picture

If you like the fiction we've created for you, you can enjoy your prison sentence.

-Thanks,

 TopSpook

Tue, 11/19/2013 - 14:21 | 4170420 1stepcloser
1stepcloser's picture

If you give a shit, then take a shit

Tue, 11/19/2013 - 16:54 | 4171206 Boris Alatovkrap
Boris Alatovkrap's picture

But your hand is keep off mine!

Tue, 11/19/2013 - 15:38 | 4170840 Groundhog Day
Groundhog Day's picture

Due to the high request volume, your request will take a lot longer then anticipated.  We appreciate your patience and value your business.  If you choose to hold it's fine otherwise please try back in 6-9 months

Tue, 11/19/2013 - 14:08 | 4170366 The Fonz...befo...
The Fonz...before shark jump's picture

Smash this agency into a million little pieces..fuck you Harry s Truman for ever creating this piss stain of an organization....

Tue, 11/19/2013 - 14:31 | 4170374 ParkAveFlasher
ParkAveFlasher's picture

Fuck you, Alexander Hamilton! edit: Junks, oooh it appears we have some Federalee's in the peanut gallery today...

Tue, 11/19/2013 - 14:39 | 4170502 CH1
CH1's picture

Yes, Fuck you, Alexander Hamilton!

(Junkers be ignorant.)

Tue, 11/19/2013 - 15:13 | 4170673 WillyGroper
WillyGroper's picture

Dig him up & shoot him again!

Tue, 11/19/2013 - 16:56 | 4171214 Boris Alatovkrap
Boris Alatovkrap's picture

FDR and Truman is store in basement of Kremlin, safe with cadaver of Lenin and Stalin. Trotsky is bury in Mexico.

Tue, 11/19/2013 - 14:08 | 4170367 Cdad
Cdad's picture

And soon...the prosecution of NSA employees guilty of obvious violations of the US Constitution....or....the death of the nation.  Either/or...

Tue, 11/19/2013 - 16:51 | 4171194 KnightTakesKing
KnightTakesKing's picture

Any elected politician, federal employee or contractor guilty of violating the US Constitution should be considered guilty of a felony punishable as a capital offense.

Tue, 11/19/2013 - 14:09 | 4170369 ebworthen
ebworthen's picture

Pretty soon The Constitution and Bill of Rights will be "classified information" under lock and key.

Any versions not sanctioned by the N.S.A. will be deemed unreliable forgeries.

Tue, 11/19/2013 - 14:13 | 4170386 Dr. Engali
Dr. Engali's picture

The constitution and bill of rights no longer exist in this country. Just like the words "Under God" have been wiped clean from The Gettysburg address by Obama.

http://www.breitbart.com/Big-Journalism/2013/11/19/Obama-Removes-God-Fro...

Tue, 11/19/2013 - 14:15 | 4170394 kralizec
kralizec's picture

I'd like Obama removed from America...

Tue, 11/19/2013 - 14:41 | 4170461 Kirk2NCC1701
Kirk2NCC1701's picture

I think that 99% would settle for "Removal from office".  I would.  But sooner than later, please. 

Oh, wait, the DoD has had wholesale hot-swaps of its top brass.  That's got to put the kibosh into organized resistance/revolt by the generals.  Seems that someone on the Administration staff learned from Stalin and Hilter, and acted/preempted accordingly.  Equally clear, there is always some careerist slut, who's all to happy to take their boss's job, for any reason, under any pretext. But we digress from the real villains, the root of ALL evil...

The Fed and its hidden shareholders (the REAL villains) are safe.

Tue, 11/19/2013 - 14:10 | 4170373 Wen_Dat
Wen_Dat's picture

The world is their adversary.

Tue, 11/19/2013 - 14:11 | 4170376 KCMLO
KCMLO's picture

I've been wondering since day one if someone could challenge the program by suing the NSA to destroy all information being held on them... of course they would have to have a squeaky clean record.  I wonder if that would hold up.  What if millions of people filed that suit individually (NOT class-action, the idea here is to completely DDOS the NSA's legal counsel).

Tue, 11/19/2013 - 14:16 | 4170385 Zhanglan
Zhanglan's picture

Next time I get a Tax Return asking me to declare my earnings, how far do you think I will get if I respond

 

"Were I to provide positive or negative responses to requests such as yours, my ex-wives and personal creditors' compilation of the information provided would reasonably be expected to cause exceptionally grave damage to my personal wealth"

 

It's illegal to not pay tax; but its also illegal to spy on people and then lie about it. Maybe what's sauce for the Goose will be - no, hang on a minute, brb - the Gestapo are outside knocking on my door

Tue, 11/19/2013 - 15:02 | 4170616 Clesthenes
Clesthenes's picture

I beg to differ.

In a major declaration by American Founders, they declared three major rights they intended to secure with the Revolution: 1) the right of self-government; 2) the right to withhold taxes until the gov’t redressed grievances and 3) the right of trial by jury.  And, this declaration was adopted by unanimous vote of the Continental Congress.  Most people have heard of one and three; but no one knows anything about number two.

Since we won the Revolution, we also won these rights; but I certainly don’t suggest that you try to exercise the right to withhold taxes until redress; you first have to arm yourself with knowledge of it; and that’s only a first step. (http://redressone.wordpress.com/the-lost-right/)

Tue, 11/19/2013 - 16:34 | 4171094 Paveway IV
Paveway IV's picture

But 'the Revolution' was an Act of Terror against the crown. It was armed theft of British colonial land claims and Britain's lawful tax revenue. Are you siding with the terrorists? 

By your logic, Texas could succeed, declare all land within its borders as property of the State of Texas and avoid paying ANY federal taxes... if they simply declared it legal under their own state laws. Puerto Rico could do the same. Wait... welfare colonies don't pay taxes. Scratch PR.

What justification would the federal government have for attacking Texas? Same as the crown: its OUR land and OUR tax-revenue, you bastards!

Trouble is that with the federalization and dependency on the state National Guard troops, you're going to have to convince someone from Rhode Island or Wisconsin to send their sons and daughters to die for preserving federal power, aka the USSA. Citizens simply don't give a crap anymore. You would have to send armed troops just to draft the unwilling to get anyone to die for a federal government that does not represent them in the least. Not that you would face much oposition in Texas because nobody living there is willing to die for the state of Texas, either.

Tue, 11/19/2013 - 14:13 | 4170387 Fake_nation
Fake_nation's picture

It is tough to get by now, so by all means invest in Bitcoin for purely financial reasons. But if you are a success, don't forget that your journey has just begun. Don't forget that you will need to find a safe neighborhood to live in, reasonable schools for any children you may plan to have, and stimulating company to keep. In sum, you will still need a society, one full of the wonder and romance appropriate to being such a grand success. Anything less is mere inflation. 

http://www.fakenation.info/please/beauty-not-bitcoin-will-save-the-world

Tue, 11/19/2013 - 14:16 | 4170399 One And Only
One And Only's picture

 

Only a black guy can get a Nobel peace prize and turn around and murder women and children while violating humans rights domestically and abroad. A white guy could neverrrrrrrrrr get away with that shit. 

Tue, 11/19/2013 - 14:27 | 4170441 kchrisc
kchrisc's picture

I demand equality! Give Bush Jr. a Peace prize.

Tue, 11/19/2013 - 14:33 | 4170473 ZH Snob
ZH Snob's picture

Oprah thinks your are a racist and in need of extermination.

Tue, 11/19/2013 - 14:37 | 4170490 One And Only
One And Only's picture

I'm not racist. I just think Oprah is a nigger.

Tue, 11/19/2013 - 14:55 | 4170570 mofreedom
mofreedom's picture

I am neither, but I laughed REAL hard at that.  Words are funny, and hell I get called cracker about once a month when I travel into the hood to buy cheesesteaks, but when thinking of the person, they are all lovely children of God no matter skin color or complexion.

 

Tue, 11/19/2013 - 14:57 | 4170583 forwardho
forwardho's picture

Are You still allowed to write that?

Or has only the spoken word been outlawed?

Tue, 11/19/2013 - 16:52 | 4171200 Tim_
Tim_'s picture

Jeffrey D. Jacobs was Oprah Winfrey's jewish handler.

Here is an early picture of the two of them together.

Tue, 11/19/2013 - 14:36 | 4170483 SoilMyselfRotten
SoilMyselfRotten's picture

They may not have won Nobel prizes but Bush/Cheney did murder women and children on a grand scale(not to mention 5000+ of our own soldiers) based completely on a lie. And yes, they also were violating our civil rights, Obama made sure to keep that going. Injecting white/black into it is ridiculous.

Tue, 11/19/2013 - 14:40 | 4170505 One And Only
One And Only's picture

Bullshit ass wipe. There were mass protests against bush and everyone wanted to impeach him. Our dear leader has done worse shit and gets a Nobel peace prize. Tell me it's not because he's black.

Tue, 11/19/2013 - 14:47 | 4170534 CH1
CH1's picture

Tell me it's not because he's black.

Black, white and leftie, all in one smarmy, smiling package!

Tue, 11/19/2013 - 15:13 | 4170640 SoilMyselfRotten
SoilMyselfRotten's picture

Take off your racist glasses(reference your comment above) for a second and your vision will clear up. Its not because hes black, its because he's a Democrat. I agree, Bush wouldve had a helluva time pulling off what Obama has but because he's a Dem, the whole dem party has deferred. Obama is the neo-cons wet dream as he has helped them accomplish stuff W never would have been able to do because of the complicit and neutered Dem party. Imagine how things would've played out if Zimmerman were black and Trayvon was white...no, you can't, your head would explode.

Tue, 11/19/2013 - 16:29 | 4171068 Nick Jihad
Nick Jihad's picture

You are correct. If Obama were Republican, he'd be called all the same nasty names that Bush was, and an Uncle Tom besides.

Tue, 11/19/2013 - 14:20 | 4170416 pods
pods's picture

Cool, good to know that the government has made it clear that they do not have to be honest with us.

Exactly what is the purpose of this government anyways?  Cause they sure as fuck aren't out looking for my best interest.

Are we still at war with Eastasia?

pods

Tue, 11/19/2013 - 18:07 | 4171546 MrSteve
MrSteve's picture

Your question is doubleplusgood. The chocolate ration now has been doubled to one-half gram per day. Hail Big Brother!

Tue, 11/19/2013 - 14:20 | 4170417 NIHILIST CIPHER
NIHILIST CIPHER's picture

OAO    That's rayciss, but ever so true. 

Tue, 11/19/2013 - 14:23 | 4170428 Johnbrown
Johnbrown's picture

...
The world will little note, nor long remember, where our resolve fails, when our commitment to our great cause flags, when we slacken in our efforts, but it will never forget our victories, our triumphs, those times when we had the courage and resolve to look straight and fearless at our countless, mindless adversaries, whose frightened and timid souls fear liberty and say "Not this time! This nonsense ends now!" For it is incumbent upon us, the few who love life, and our liberty, to be here dedicated to the unfinished work that those who fought before us gave their full measure of devotion. We must resolve that their efforts have not been in vain, that this people, shall have a new birth of freedom - and that government of the people, by the people, or for the people shall forever perish from the earth.

http://insomniaclibertarian.blogspot.com/2013/11/new-gettysburg-address-updated-2013.html

Tue, 11/19/2013 - 14:26 | 4170436 Kirk2NCC1701
Kirk2NCC1701's picture

888%?  Well, that's a relief.  At least it isn't 666%.

Tue, 11/19/2013 - 14:31 | 4170456 AgileArjuna
AgileArjuna's picture

WTF Can't buy bitcoin on Coinbase ... they told me to wait till next Monday .... AARGH! 

Tue, 11/19/2013 - 14:42 | 4170514 CH1
CH1's picture

Find an OTC dealer.

Tue, 11/19/2013 - 14:31 | 4170459 youngman
youngman's picture

What the NSA scandal has done is cut sales of our electronics..you will see Cisco show losses because of this in the future..and other hardware makers....they will no longer buy USA equipment because it has built in hacking included....not good for exports or our electronics future..that is what SPYING on everyone does...and they do not like it

Tue, 11/19/2013 - 14:32 | 4170463 A Lunatic
A Lunatic's picture

More like the Freedom From Information act........

Tue, 11/19/2013 - 14:47 | 4170533 forwardho
forwardho's picture

Exscuse me kind Sir or Madam of the NSA.

Who falls under your definition of adversaries?

Much like the term "belligerent"of NDAA.

The degree of latitude in the definition of the words is shocking.

 

 

 

Tue, 11/19/2013 - 14:58 | 4170592 Bastiat
Bastiat's picture

The NSA's reason for existing was to gather communication and signals intelligence on hostile foreign militaries.  It did a very good job and it seems the prohibition against spying on civilian domestic communications was strictly enforced in the old days.  What happened over the years was first "mission creep" and then it just metastasized--with all that implies.   

Tue, 11/19/2013 - 15:09 | 4170654 stant
stant's picture

all this is not the sign of collapse of a republic. that happened long ago. this is the collapse of a half facist half soicalist oligarchy.

Tue, 11/19/2013 - 15:20 | 4170725 Diogenes
Diogenes's picture

They have assigned Mrs. Grace L.  Ferguson, 75, to handle all FOA requests. She will get to yours as soon as she can. Due to volume of requests, there may be a slight delay.

Tue, 11/19/2013 - 18:13 | 4171564 Real Estate Geek
Real Estate Geek's picture

Of the Mrs. Grace L. Ferguson Airline and Storm Door Company?

http://www.amazon.com/Button-Down-Mind-Strikes-Back/dp/B0000062TF

Tue, 11/19/2013 - 15:30 | 4170783 Jack Burton
Jack Burton's picture

So NSA has set itself up as a group of Super Americans. What I mean is that they now claim for themselves Extra Constitutional Powers that exceed all powers given to government by the founding fathers and the document all military members and civilian employees take an oath  to, the constitution and it's enemies.

This reflects the revolution from above that broke out over 3 decades ago and has now been won by an elties % of the 1%'ers. Corporate masters, Banking masters, Spy and Military Masters along with a mixture of Old Money Families declared a war on America as a whole. It took many fights for them to win, NAFTA, GAT, and the whole host of free trade agreements, banking deregulation, the campaign finance laws being overturned by the supreme court, the gerrymandering of legislative districts, the take over of media by a small group of elite companies and the boardrooms becoming the news rooms, the open bribery of congress, the swing to the right of the professional army and it's growing loyalty to the corporate elites. Etc. etc. You get the picture though, I am sure.

We now have seen the fruits of the elites victories. Manipulated markets, regulations written by the corporating regulated, Banking and Wall-Street insider and computer driven trading and manipulation, control fraud at all levels of finance, the power of Health Insurance companies to impose the most costly and least effective medical system in the modern world, both parties following one policy, and a vast transfer of wealth to a professional Spy and Military cast, who get government paychecks of a large size, with great benefits and ealy retirement with the revolving door to a corporate job waiting for them in reward for giving contracts and favors to the same businesses.

The results are the death of the middle class as many jobs were sent overseas to improve the bottom line. Wars are now not declared but a permanent part of American governance. The spread of spys to every corner of our lives. The police state crushing of any protest. Jails full of millions for minor non-vilonet drug war offenses. Basically the increase of poverty and repression on a grand scale.

NSA reflects the mood of our elites. They see every average American as suspect and potential enemies for the 1%. Thus we are watched, and they want us to know we are watched, so we do not act up. Go see "12 Years a Slave" good moive, even though it plays down the violence used to repress the black slave class, read a good history of slavery, the moive glosses over the brutality. This is the future the elites seek. If they say any different ,they are liars. NSA, CIA, DEA, Militarized Local Cops, Military intelligence, FBI, ATF, Home Land Security. Just look at the millions whose only job is to spy on and repress Americans.

These same people are the one's who killed Kennedy and replaced him with the war monger Johnson. They don't need to kill Obama, because Obama is worse than Bush. Best friend to corporations, engaged in massive international treaties that make corporation super entities with power over sovereign Nations [Obama is signing these if they come to his desk], carrying out extra legal killings in 7 nations, planning to murder Syrians by air and invade and destroy Iran. Obama is a fucking tool of the elites, they love him, at the same time they can use him to drum up support for even more right wing politicians. They prefect scam. Obama is THEIR guy, they use him to get their way, and at the same time can call him a socialist in order to press for even more corporate and fascist politicians. And American voters will respond. Vote for the elites, thinking they are setting themselves free. Ha! Ha! Biggest joke in history. Next Republican president will double down on war, spying, borrow and spend, repression and corporate power. ANyway you vote, YOU LOSE!

Tue, 11/19/2013 - 15:30 | 4170794 NaiLib
NaiLib's picture

All I can say is WOW!. This is really surreal.

Tue, 11/19/2013 - 16:08 | 4170989 Nobody For President
Nobody For President's picture

The best reason to file a FOIA with NSA is to get a cool rejection you can frame and hang on your (office, shop, living room, outhouse) wall.

Wed, 11/20/2013 - 05:25 | 4172721 MarcusLCrassus
MarcusLCrassus's picture

Anytime a government says they are not releasing information so they can protect their citizens from foreigners, they are really doing it to protect the government from it's own citizens. 

Viva Snowden, the Man of the Year.  Truly the gift that just keeps on giving.

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