Here Comes FIATtackWatch: Ben "Big Brother" Bernanke Goes Watergate, Prepares To Eavesdrop On Everything Mentioning The Fed

Tyler Durden's picture

Two weeks ago, the media's heart went aflutter when it learned that the president had borrowed a page right out of ole' Joe McCarthy's communist witch hunt book with the launch of Attack Watch. The response by everyone, even fans of Obama, was immediate and brutal. Yet where Obama took about 24 hours to crash and burn, someone else has stepped in with a far stealthier method of ferreting out the traitors amongst us: none other than our old friends, the Federal Reserve Bank of the United States, which in a Request for Proposals filed to companies that are Fed vendors, is requesting the creation of a "Social Listening Platform" whose function is to "gather data from various social media outlets and news sources." It will "monitor billions of conversations and generate text analytics based on predefined criteria." The Fed's desired product should be able to "determine the sentiment [ED:LOL] of a speaker or writer with respect to some topic or document"... "The solution must be able to gather data from the primary social media platforms – Facebook, Twitter, Blogs, Forums and YouTube. It should also be able to aggregate data from various media outlets such as: CNN, WSJ, Factiva etc." Most importantly, the "Listening Platform" should be able to "Handle crisis situations, Continuously monitor conversations, and Identify and reach out to key bloggers and influencers." Said otherwise, the Fed has just entered the counterespionage era and will be monitoring everything written about it anywhere in the world. After all, why ask others to snitch for you and anger everyone as Obama found out the hard way, when you can pay others to create the supreme FIATtack WatchTM using money you yourself can print in unlimited amounts. And once the Internet is completely "transparent", the Fed will next focus on telephone conversations, and finally will simply bug each and every otherwise "private" location in the world. Because very soon saying that "printing money is treason" will be treason, and such terrorist thoughts must be pre-crimed before they even occur.

All we can say is we welcome our new Chairsatan Voldemort overlord. For it is truly he who must not be named henceforth.

From the key section of the RFP, presented in its entirety below:

I. Introduction

Social media platforms are changing the way organizations are communicating to the public Conversations are happening all the time and everywhere.
There is need for the Communications Group to be timely and proactively aware of the reactions and opinions expressed by the general public as it relates to the Federal Reserve and its actions on a variety of subjects.

II. Social Listening Platforms

Social media listening platforms are solutions that gather data from various social media outlets and news sources.  They monitor billions of conversations and generate text analytics based on predefined criteria.  They can also determine the sentiment of a speaker or writer with respect to some topic or document.
The information gathered can guide the organizations public relations group in assessing the effectiveness of communication strategies.

Here are some of the services it can offer:   

o Track reach and spread of your messages and press releases    
o Handle crisis situations    
o Continuously monitor conversations    
o Identify and reach out to key bloggers and influencers    
o Spot emerging trends, discussions themes and topics    

A. Geographic scope of social media sites

The solution must support content coming from different countries and geographical regions. It should also support multiple languages.

B. Content and Data Types

The solution must be able to gather data from the primary social media platforms –Facebook, Twitter, Blogs, Forums and YouTube. It should also be able to aggregate data from various media outlets such as: CNN, WSJ, Factiva etc.

C. Reports and Metrics

The solution must provide real-time monitoring of relevant conversations.  It should provide sentiment analysis (positive, negative or neutral) around key conversational topics.

It must be able to provide summaries or high level overviews of a specific set of topics. It should have a configurable dashboard that can easily be accessed by internal analysts or management.  The dashboard must support customization by user or group access.

The solution should provide an alerting mechanism that automatically sends out reports or notifications based a predefined trigger.

D. FRBNY Technology Integration

The solution must be able to integrate with existing FRBNY technologies such as: Google Search appliance, Lotus notes suite and web trends.It must have support for single sign on or windows integrated authentication.

E. Cost Structure

The solution should offer a flexible pricing structure that can support multiple user licensing.  It should also have the option to base pricing on content volume and usage. Supplier acknowledges an understanding of and agrees to comply with the above minimum solutions requirements.

Full RFP:


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Ecoman11's picture

More data for the algos!

Cynical Sidney's picture

"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security."

quoted from US DoI. i don't know whether we have a case for 'absolute despotism', but definitely a kleptocracy in disguise. rip capitalism fun while it lasted.

Snidley Whipsnae's picture

When government breaks the social contract, it's time for the citizens to revolt.

Paraphrasing Locke... As true today as several hundred years ago.

Problem is, people don't revolt until they get hungry... and by then it's too late to overcome the new jackbooted regime... Ask the Germans how that works.

Waterfallsparkles's picture

There will be no revolt unless they stop Welfare Payments.  That is why they want to cut Social Security but will not touch Welfare Payments.

rufusbird's picture

Allow me to interject a comment. I admire what you are saying, but arn't we really talking about, not government, but a consortium of Primary Dealer Banks that have taken control...

Little John's picture

Benny,  I can save you a lot of money here.  YES the native are restless - and if you need a computer ap to verify that then you are too far removed from reality for it to  even matter.

Good luck to you Benny … you’re gonna need it.

Sophist Economicus's picture

Who cares. More fiat created and deployed in non-productive activities -- helps speed the demise of this broken system!

And, BTW, tis a shame about the McCarthy reference. There WERE communists in the FDR government, McCarthy did not go on a 'witch Hunt'. He was unearthing a true conspiracy, which was effectively shut down by the leftist media. And so today, we have references like above, taught by lefty union types in school.

And remember, FDR was a great man, the Kennedy clan were wonderful caring folks, and Jimmy Carter was REALLY smart

LetThemEatRand's picture

I think you may have missed that little detail in the Constitution about Freedom of Speech and Assembly, often referred to correctly as a Freedom of Association.   McCarthy certainly missed it, and he ruined a lot of lives because of what people believed politically (people who were no threat to anyone or anything, unless you are so scared that alternative ideas will destroy your country that you must suppress thought).   But I suppose if you feel the ends always justify the means, then who needs a lousy Constitution anyway?  Very inconvenient, indeed.

Sophist Economicus's picture

You prove my point. You regurgitate stuff you've 'heard'. Do you know who initiated the trials? Do you know who created the lists? Do you know what the threats were at the time? Do you know how deep the infiltration was/still might be? Do you know who the 'fellow travelers' and followers were? Do you know why Mao finally prevailed in China? Donyou know what state secrets were sold to the Uncle Joe? Why the US went to war and deliberately provoked japan? Hmmmm?

If you align yourself with a group that takes ACTIVE subversive actions to sabotage a nation and you WILLINGLY agree to become associated with that cause, I believe you open yourself up to bear the consequences of those actions.

LetThemEatRand's picture

It's called reading and learning. Try it.  And I don't mean that you should get all of your information from Ann Coulter.   Not so well balanced.  In a free society, you tolerate different views in order to have a free society.   You are confusing holding unpopular ideas, with espionage and giving away of state secrets.  Putting aside why our state has so many secrets to begin with, most of the targets of the McCarthy hearings had no access to sensitive information.   Many of those who did were being investigated solely because of their association -- however tenuous -- with someone that McCarthy considered a Red.  The vast majority did nothign wrong and there was no evidence they did.  I'll bet you consider yourself a defender of the Constitution, but your posts suggest that you have no idea what you are defending.   You also probably fail to see the irony that you are posting in connection with an article about a group (the Fed) who see themselves as justified in spying on Americans to support their particular ideology.

Sophist Economicus's picture

Generic responses dont work here. Fail.

I don't support the FED, it should go. The reference to McCarthy was one sided and simplistic, I called it out. As is classic of your kind, while it might make you feel good to think I support Ann coulter or whatever ghost revolts you, I hate to shatter your world view, but I think she is a boob, just like I think you lefty friends are boobs too

As for 'secrets', I think that during and immediately after world war 2, giving away 'secrets' like the A-bomb, engraving plates to US currency, movement of troop positions, industrial technology, etc would be considered by most rational people to be something people in our government shouldnt be doing

Also, do you know how subversives work. Do you know who/what followers are? Do you know how 'communists' of the day used 'friends' to transport messages, housed 'agents' etc.

Ranting about coulter is really just, dare I say, simplistic fir thus forum, don't you think. Probably gets much more traction on HuffPo, along with chants like beck, haliburton, Christians, and Rumsfeld. Lol

LetThemEatRand's picture

You may not like the fact that you are being called out for parroting Coulter, but the shoe fits.  Your addition of numerous "lefty" references and "go tell it to HuffPo" pretty well seals the deal.   And you made no effort to answer my assertion that there was no evidence against the vast majority of McCarthy's targets, which is exactly why what he did was wrong.  There is nothing wrong with prosecuting criminal espionage based upon evidence Constitutionally obtained.  What McCarthy did was completely different, even if as you believe his heart was in the right place.   It is a strange fact that so many who claim to love Freedom detest its practice.    

Sophist Economicus's picture

What McCarthy did was completely different, even if as you believe his heart was in the right place

I don't care where McCarthy's heart was.   McCarthy didn't cultivate all of the 'lists' you talk about.   The people he questions were MEMBERS OF THE COMMUNIST PARTY.    Congress has the RIGHT to call YOU to a hearing, so it would be 'Constitutional'.    The hearing were trying to understand the Communist network that was allowed to grow in this country during the FDR administration that reached the highest levels of government, industry, academia, etc.    You offer nothing new, your moniker says it all.    Enjoy your shallow and sheltered existence.    The machine needs people like you to whip-up and fight the wrong ghosts

LetThemEatRand's picture

Not that there is any point arguing with Randhead (the ultimate in tribal mentality), but being a MEMBER OF THE COMMUNIST PARTY is not a crime.  It's that pesky First Amendment thing again.   Yet McCarthy effectively made it a crime, because he did not really believe in the Constitution he was sworn to protect.  He held an ideology which was is afraid of competing ideas, and mostly he was an opportunist.   I find that most Randaid drinkers only understand things when applied to them, so consider this:   I suspect that if you were hauled in front of Congress to explain why you should not be found guily of sedition for calling for an End of the Fed, you would think it an abuse of power that should not be tolerated in a free society.  You would point out laws that make it proper for you to speak your mind on this issue, and you would be right.  You would be right even if 95% of the population found your ideas dangerous and distasteful.  It is ironic that you spread your First Amendment wings at will, but want to deny everyone else the opportunity (except those who agree with you, of course).

CompassionateFascist's picture

Here's the Juice...these Reds that McCarthy went after were INSIDE the government, pretending to be other than what they were, and formatting policy in the interest of a hostile foreign power: Red Russia. Joe McCarthy real faux pas was going after the LIBERALS who were protecting these Red agents. That's what got him destroyed. M. Stanton Evans, BLACKLISTED BY HISTORY - THE UNTOLD STORY OF SENATOR JOE McCARTHY AND HIS FIGHT AGAINST AMERICA'S ENEMIES is excellent and, for the Jew version, cf. Oshinsky, A CONSPIRACY SO IMMENSE.

LetThemEatRand's picture

You really need to think about what you're advocating and why you repeat the words of a corporatist, hard right ideologue like Coulter. 

AustriAnnie's picture

If he liked the Commie trials, and being a member of a certain political persuasion is enough to persecute someone, I guess they should go after Rand Paul and Ron Paul for being members of a radical political view, working inside the government, trying to bring about its demise?  

Bring on the witch hunt!  Get all the anti-war, anti-federal reserve, pro-Wikileaks, libertarian extremists!

Snidley Whipsnae's picture

Let me guess ... Your hero is Ayn Rand?

Without labor unions you and your kids would never have known what 'middle class' means. It was the labor unions that fought for all the benefits that you now take for granted...and, it is fools like the 'average American' that will see the last of these benefits frittered away in the 'austerity' that is coming to America.

Of course, most Americans were taken in by Bobby Kennedy and his ilk, all big biz related, demonizing the labor unions. Sure, the labor unions have crooks ... but piddling crooks compared to the Fed, US Gov, Wall St bankers, et al...

Hell, If I were Atty General I could make a credible case that the American Medical Association and the various teachers unions were riddled with crooks... easy.

Sophist Economicus's picture

I have no heros, but I do agree with many of Rand's points.   As for Unions, if you truely believe your comments about the middle class, then you haven't done your research.    Unions have single handedly destroyed most of the successful industries in  the USA over the pasty 60 years.    If you have read the history of most major ORGANIZED unions, you will know that they were supported by Communists and the goals were obvious.    It just amazes me how little people know about the history around them.     When the US was dominating almost everything it touched, spawning siginficant innovations, attracting talented immigrants from Europe and elsewhere, who do you think was threatened by the fluidity of this amazing grwoing industrial engine????    The industiral powers of Europe.    THey had their guilds, their cozy relationships with their governments, their expensive and emerging welfare systems too keep the masses in some contriol.    All of their antiquated cost structures, fat margins, etc were being threatened by the rouge and vulgar people of the US.     Also, the sweeping of the communist movement in Russia (a country that, through constant violence, gave up serfdom for all its citizens that were not nobels in the mid-1800s and still had a King in the early 1900s) attracted the children of the US well-to-do to their swan-song of equality and paid/influenced them to export unionism to LEVEL THE PLAYING FIELD for them as well.    In short, the US was despised for being successful, for having a 'free' and open society, without the baggage that came from nobility, priviledged industries, lack of entrepreunership, lack of innovation and class mobility.   THe way to LEVEL the playing field was to raise the cost structure of the US, create class warfare, stop the free flow of capital, raise the bar for company formation, etc.     All in the name of 'helping the poor'.    YUP, beware of those whose mission it is to 'help the poor' - is that your mission Snidely, to help the poor?

As for destroying the middle-class, what do you think the average wage was in the 1920s for a laborer?   It was about $20/week (give or take a few dollars).    What was an ounce of gold then, Snidley?  ABout $20/ounce.    DO the middle class make an ounce of gold a week Snidley today?   How are our steel mills doing Snidley?   How are our auto plants doing?    How about textile?   Industrial manufacturing of products like knee-mills, lathes, robots?    Hmmm Snidley?      How about our education system?   How are our public schools, another bastion of 'middle class opportunity'?    What is their success rate?    How many  engineers, scientists, etc are we cultivating Snidley?     Do our young folks want to be business men or guitarists, NGO, Non-profit or government employees?    Where did this indoctrination come from Snidley?   

Yes, yes.   Rand was cruel.   Much better to be pulled by the nose by the real self-interested folks (your dreaded TPTB) of the world that want to see WHAT WAS the last bastion for a person to live a 'free' life finally put in its grave.    But, we'll trot Hollywood actors, writers, etc that were members of the communist party and feel sorry for their 'RUINED LIVES' for making that decision..   And we'll also shed tears for the midf-west rsut belt, devastated by government sactioned and PROTECTED unionism.


As a final thought, have you heard about the 'Angel Gabriel' story.    if not, he tries to be a nice fellow and puts 1 million dollars in everybody's bank account over night, thinking he just made everybody a millionaire and solved poverty once and for all.   Problem was, he wasn't a good busines person.   He didn't realize that raising everybody's bank account didn't make anybody richer, it just raised prices proportionally till there was no advantage.    Now, go ahead and pretend that everybody joined a union tomorrow.   Right!   Nothing would change.    They know this Snidley, that's why they are not for the things you think they believe in.   Unions are exclusionary.   They like guild systems.   They foster separation and classes.  

THanks Snidley

LetThemEatRand's picture

What a shock!  You are a Randhead!  Who ever could have predicted it?  What a truly pathetic, simplistic, selfish and naive view of the world you have.  Next time you see one, do me a favor and grab a unicorn for me.  I keep telling my friends they don't exist, but in your world I am sure they are plentiful.

Snidley Whipsnae's picture

SE, you're an idiot... I won't waste my words on one so misinformed, or bought and paid for, as you.

The Huff Po is calling you.

BTW... Your avatar, Jackie Gleason aka Ralph Cramden, was a union member. Transit workers in all big east coast cities are members of the Amalgamated Transit Workers Union...

You need a new, non union avatar... DUH...

Here is what Marriner Eccles had to say about unequal wealth distribution... Not saying that I agree totally, but it's where we are at now, just as we were when he made these remarks in 1933...

"It is utterly impossible, as this country has demonstrated again and again, for the rich to save as much as they have been trying to save, and save anything that is worth saving. They can save idle factories and useless railroad coaches; they can save empty office buildings and closed banks; they can save paper evidences of foreign loans; but as a class they can not save anything that is worth saving, above and beyond the amount that is made profitable by the increase of consumer buying. It is for the interests of the well to do – to protect them from the results of their own folly – that we should take from them a sufficient amount of their surplus to enable consumers to consume and business to operate at a profit. This is not “soaking the rich”; it is saving the rich. Incidentally, it is the only way to assure them the serenity and security which they do not have at the present moment."



snowball777's picture

No sense of decency whatsoever. Would the burning of hundreds of innocents been excused by the presence of a few actual witches?

Enjoy your paranoid delusions; they're likely all that sustain a creature such as yourself.


Sophist Economicus's picture

Classic vapid point. Intuition pumps reaching for 'decency'. This is the kind of rigourous thinking that has lead to inner cities full of people that are multiple-generation welfare recipients, perpetual victims that span economic spectrums, a growing nanny state that fosters a sense of vulnerability and lack of personal responsibility, etc.

If you join a group, let's say the KKK. And if that group had taken serious action against the welfare of citizens in, let's say, Camden NJ. If you were linked to that group, knowing full well the philosophy and activities of that group, why should you be embarrassed about professing your membership? Why? What if your neighbors and friends found out and distanced themselves from you because of your beliefs? Are not proud of your KKK affiliation? Are you not proud of what it stands for? Let the devil be damned! Be a believer! Who cares what others may think. The cause is everything? No?

snowball777's picture

What was the efficacy of McCarthy's approach? Nil!

As for "pride in affiliation", please reference Euguene Dennis v United States and the many potential hazards of "guilt by association".

"These petitioners were not charged with an attempt to overthrow the Government. They were not charged with overt acts of any kind designed to overthrow the Government. They were not even charged with saying anything or writing anything designed to overthrow the Government. The charge was that they agreed to assemble and to talk and publish certain ideas at a later date: The indictment is that they conspired to organize the Communist Party and to use speech or newspapers and other publications in the future to teach and advocate the forcible overthrow of the Government. No matter how it is worded, this is a virulent form of prior censorship of speech and press, which I believe the First Amendment forbids."

You are not deputized to perform the duties of the thought police.

Sophist Economicus's picture

Waldron was a known Communist (ehrm, I mean Eugene Dennis, his 'code name").   He fled to Russia on several occasions I believe to avoid being apprehended.  He was jailed for being a communist.   That is what the ruling you cite is about.   What that has to do with anything I wrote, is again, an infantile, intellectually weak, intuition pump response.    Tired of dealing with you...Bye bye

snowball777's picture

The point, since you are so incapable of grasping even the most basic of truths, is that we didn't need McCarthy(ism) to stop communism and real communists were not in the least bit afraid of being identified as same, contrary to the pusillanimous joke you put forward as an excuse for logic. Freedom of speech and assembly are important enough to extend even to our most distasteful dissidents and only a moron like you would believe that demonization and stasi tactics like asking people to 'name names' would prove to be utilitarian in a battle of ideologies.

You're litlle more than a chest-thumping, sad-faced clown and the world will rejoice at you shuffling off your mortal coil. Good riddance.

LetThemEatRand's picture

It says a lot that the same people who worship Rand also defend McCarthy. 

stopcpdotcom's picture

Our names vill go on ze list.



nmewn's picture

Who takes care of all these lists anyways? Is there a Department of Lists? They do realize that the Department of Lists would have to be on a list somewhere as well don't they?

Quis custodiet ipsos custodes? ;-)

knukles's picture

All their lists are secret.

nmewn's picture

It does have that paranoid feel of national socialism doesn't it?

Of course we all know what this really is...just like AttackWatch a week ago & Linda Douglas' little Turn-in-a-Friend program back in 2009 on ObamaCare before that...its all aimed at curbing dissent (this time of unlimited fiat money by the Fed), herding the chattel, without actually doin the whole goose steppin concentration camp crematorium thingy.

If it wasn't so damned pathetically juvenile & funny I might be concerned. I'm not, it reeks of desperation to me...HSBC, the Morgue et al has got their little titties in the wringer I think...I don't believe they can cover in two days even with the paper price selloff we've had.

We'll see.

knukles's picture

Desparation galore. 
One has (and gets from numerous folk I've spoken with of this today) immediate reactions of;
- Big Brother
- Who is doing what and in WTF?
- What is their fucking problem?  I can tell them about this shit.
- Why bother?
- The public reaction is the best feedback you can get, so why make it just soooooo creepy?
- Are they really that insular and isolated for MS America?

The list was long and hyper-critical.
Most conclusions were of desparation, juvinile, unprofessional and over all, a terrible credibility problem.

Now, with respect to the latter.  How good is that?  How professional does it get for a Central Bank to shoot itself in the foot in such a manner that is not even within the perview of its charter?
My God!

Come to think of it, if they really want the value of the dollar to fall on the 4X market, keep this shit up. 

This is dismal.
Infantile bush league.

Is it indeed a proof statement that there is a genuine lack of professional, adult supervision in Washington?

nmewn's picture

"Is it indeed a proof statement that there is a genuine lack of professional, adult supervision in Washington?"

Yes it is.

An indictment, a conviction and the sentence all in one fell swoop...all that is required now is the sentence to be carried out. Which is death to it, by 250 trillion paper cuts, hilariously at their own hand.

Popcorns ready ;-)

Jena's picture

But nmewn, wasn't this to be the most transparent of administrations?    

I have a theory, when someone really insists something it often means that the opposite is likely to be true.  Of course, you don't find out until later but watch out for the promises.

etudiant's picture

The RFP was posted Sept 16 with proposals due Sept 26.

Unless the contract was already well along in discussions with a favored consultant, that is a ridiculously short time to put together any kind of intelligent response for this scale of work.


Separately, is it not wonderful that as a private entity, the Fed is free to invest in anything it chooses, even projects off limits to the FBI (Carnivore), the NSA (TIA) or POTUS?

Arkadaba's picture

This shite has been ongoing for a long time. Yes the TIA and their creepy logo which was (apparently) defunded in 2003. I just assume that anything I post on the Internet under my own name or a pseudonym is traceable.

Edit: That being said, sentiment analysis is hard:

blobbus's picture

More data, so they know when to flip the internet kill switch, once the sheeple start seeing reality.

I am sure ZH will be heavily weighted in this new system!

SkyNet is upon us.

Vic Mackey's picture

They already know what's being said. They want to know who is saying it (hence "reach out"....a nice euphamism like vinnie wants to have a chat with you...)

Shvanztanz's picture

The key to bringing down the system, is not to improve the information, or to counter the mountain of disinformation, but to add to it in such volume that it crashes the servers, and prevents anyone from knowing anything about anybody.

I used to think that endless talk was the problem, now I know it is in fact, the solution.

Little John's picture

Exactly right. too much information = no information.

machineh's picture

If we put up a male escort site with some beefcake photos of Benny, will it crash the system?

Dial 1-888-R-U-HORNY, and ask for Bennykins!

williambanzai7's picture

I am only surprised it took them this long. Net War Intel is the new new new new Keynesian thing. They will monitor the whole market.

Whatta's picture

to what end? to know who to buy off, or suppress, via taxpayer largese?

CompassionateFascist's picture

Hammer=banksters. Nail=silver.

ivana's picture

guess it took so long cause percentage of population which follows and understands this mega scam is really small ... so it wasn't a problem so far. But now when shit is about to hit the fan - everything matters

Of course powerz are already watching and monitoring majority of population... no problem with them : they shop, eat and shit as they are expected to do