NSA wants even greater powers … to defend Wall Street
2013-10-10 0:00

By Natasha Lennard | Salon

The villainous nexus of surveillance, politics and banking rears its head again in the NSA chief’s public comments

Feel this blow as a coup de grâce: The NSA not only, we now know, hoards data on our every communication, but, we now learn, wants to have broader surveillance dragnets and deeper spycraft capabilities in place to defend that other great villain of the past decade — Wall Street. The nexus of power and control linking Washington, Silicon Valley and Wall Street was made almost cinematically complete in comments from NSA Chief Keith Alexander to lawmakers this week.

Earlier this year, following revelations that the NSA was spying on communications to Brazilian oil giant Petrobras, Director of National Intelligence James Clapper released a statement, noting:

It is not a secret that the Intelligence Community collects information about economic and financial matters, and terrorist financing. We collect this information for many important reasons: for one, it could provide the United States and our allies early warning of international financial crises which could negatively impact the global economy. It also could provide insight into other countries’ economic policy or behavior which could affect global markets.

Michael Degerald wrote in Salon at the time that Clapper’s reference here to avoiding financial crises at best rang hollow, at worst smacked of U.S. exceptionalist hypocrisy. “To go down the logical path laid by Clapper’s own claims as a hypothetical exercise,” wrote Degerald, “why doesn’t the NSA spy on Wall Street? This could get them all the evidence they could need to successfully prosecute those responsible, and truly move toward stabilizing the economy. If any part of American society or business had shown itself to be corrupt to the core, and thus in need of surveillance, it’s Wall Street.”

According to reports from Foreign Policy this week, and NSA chief Keith Alexander’s public remarks on Tuesday, the NSA does spy on Wall Street — but not, of course, to watch for malfeasance; rather, to protect and defend it. Alexander told lawmakers that he wanted his spy agency to have the ability to prevent cyberattacks against U.S. banking institutions. In no uncertain terms, Alexander was asking for expanded legal authority to further expand the NSA’s surveillance programs.

[...]

Read the full article at: salon.com



Tune into Red Ice Radio:

Charles Eisenstein - Hour 1 - Sacred Economics

Patrick Henningsen - Hour 1 - Syria, Snowden, NSA & the Whistleblower Circus

Bill Still - Hour 1 - The Money Masters & The Secret of Oz

Tracy Twyman - Alconomics, Money & Magic

Ellen Brown - The Web of Debt & The Manufactured Financial Crash

Joseph P. Farrell - Babylon’s Banksters, Global Financial Blackmail, Geo Warfare & The End Game

John Perkins - An Economic Hitman on Predatory Capitalism & Corporate Monopoly

Ian Crane - Hour 1 - Financial Terrorism




Related Articles
"Terrorists Love Gmail" and Other Digital Defamations
Government ‘Shut Down’ Doesn’t Prevent Opening of $2 Billion NSA Spy Center
Target or Not, the NSA is Storing the Metadata of Millions
Reports Reveal NSA Director Is ‘Deranged Cowboy’
Americans need more protection from NSA surveillance: committee chairman


Latest News from our Front Page

Virginia TV Shooter Said, "Jehovah Spoke To Me That I Should Take Action"
2015-08-28 2:36
What causes a guy to go off the plantation enough so that he would murder in cold blood, two of his former colleagues? Guesses are abounding, such as racial tension, mental illness, psychotropic prescription drugs, narcissism, etc. What about the angle of how a destructive religious cult shaped him in his formative years, so that later in life, he would ...
Invasion into Macedonia from Greece - Border Mayhem
2015-08-28 2:06
Description from video page: These are the desperate scenes at Greece’s border with FYR Macedonia as overwhelmed security forces made sporadic attempts to stem the flow of invaders heading northwards. Riot police set off stun grenades and hit invaders with batons but that did little to stop them passing into FYR Macedonia. Skopje had declared a state of emergency on Thursday (August ...
RamZPaul: TV Reporter Murdered Live On Air
2015-08-28 1:48
Youtube description: The gunman responsible for the live on air shooting of reporter Alison Parker and cameraman Adam Ward said part of his motivation for the attack was Parker making “racist comments.” infowars.com Vid that killer made: (note the actual shooting vid is being censored fast) https://youtu.be/v_AhFxhznPI Jesse Benn advocating "White Wounding: just weeks ago:huffingtonpost.com Source: youtube.com
White House Pushes Race War, Then Blames Guns For Flanagan's "Race War"
2015-08-27 5:04
"You want a race war (expletive)?" Asked shooter The Obama administration is blaming guns for the WBDJ-TV shooting, even though the shooter, Vester Flanagan, was influenced by the White House’s race baiting. The White House has been falsely insinuating that racism is the dominant factor behind numerous events over the past several years, even those that didn’t involve race at all, and ...
How Google Destroyed the Internet
2015-08-27 5:12
The internet was created to resolve a simple problem: in communications networks, any central node through which all messages passed was vulnerable to attack or takeover. To counter this, engineers designed a network where any node would pass messages to other nodes, routing around any damage. Then came commerce and the democratization of the internet. Under this model, frightened sheep flock to ...
More News »