NSA wants even greater powers … to defend Wall Street
2013 10 10

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

US Silent on Psychologists Role in CIA’s Tortures: Doctors
2014-12-20 21:53
Physicians for Human Rights had not received any response from the US Federal Commission to their call to investigate the role of health professionals in CIA’s torture program, Deputy Director of the organization told Sputnik. December 19 (Sputnik) — US government has not responded to calls to prosecute doctors, who participated in CIA torture program, the Deputy Director of Communications for ...
Ziolebrities: Simon Cowell donates £100,000 to Israeli soldiers to please pregnant jewish girlfriend Lauren Silverman
2014-12-20 21:00
Cowell, 54, is also planning a secret trip to Israel soon as he embraces the Jewish faith of Silverman, 36 Gala: Billionaire Haim Saban with Cowell Simon Cowell has publicly donated nearly £100,000 in support of the Israeli army. The X Factor boss pledged the cash to the Friends of the Israel Defense Forces at a US fund-raiser in Beverly Hills. The lavish gala ...
Former Chief Security Officer for NewsCorp: N. Koreans Not Behind Sony Hack, Interview Leak
2014-12-20 2:17
Hemanshu Nigam, a former federal prosecutor and former chief security officer for NewsCorp/Fox studios, says North Korea isn’t behind the Sony Hack. Nigam gave several bullet points for why the hack was likely an inside job. Attack code borrowed from a previous attack on Seoul, that’s why it’s in Korean. Private hackers typically borrow malicious code from other hackers.Nations state attacks follow ...
Sony Fires Back at Obama: Actually We Did Call the White House – Several Times
2014-12-20 2:13
Sony fired back at Obama after the press conference saying they had several conversations with the Obama White House before and after the movie was canceled. Via The Hollywood Reporter: After President Obama criticized Sony for its decision to cancel The Interview's release after theater chains decided not to show the film, the studio has issued a statement elaborating on the move. “The ...
The Bankster International
2014-12-20 1:55
Geopolitical analysis, the art of explaining power relationships through the prism of impersonal geography, can be a helpful tool for observers of the Great Game – but it also has its limitations. A case in point is the renewed US-Russia confrontation. Think tanks and policy insiders easily sell the narrative that from the dark days of the Cold War to ...
More News »