Skip to comments.Thousands Of Firms Trade Confidential Data With US Gov. In Exchange For Classified Intelligence
Posted on 06/14/2013 8:59:40 AM PDT by mojito
The rabbit hole just got deeper. A whole lot deeper.
On Sunday we predicated that "there's one reason why the administration, James Clapper and the NSA should just keep their mouths shut as the PRISM-gate fallout escalates: with every incremental attempt to refute some previously unknown facet of the US Big Brother state, a new piece of previously unleaked information from the same intelligence organization now scrambling for damage control, emerges and exposes the brand new narrative as yet another lie, forcing even more lies, more retribution against sources, more journalist persecution and so on."
And like a hole that just gets deeper the more you dug and exposes ever more dirt, tonight's installment revealing one more facet of the conversion of a once great republic into a great fascist, "big brother" state, comes from Bloomberg which reports that "thousands of technology, finance and manufacturing companies are working closely with U.S. national security agencies, providing sensitive information and in return receiving benefits that include access to classified intelligence, four people familiar with the process said."
The companies extend far wider than the legacy telcos, such as Verizon, that launched the entire NSA-spying scandal a week ago: "Makers of hardware and software, banks, Internet security providers, satellite telecommunications companies and many other companies also participate in the government programs. In some cases, the information gathered may be used not just to defend the nation but to help infiltrate computers of its adversaries."
(Excerpt) Read more at zerohedge.com ...
Yep. And the enemies had their private data disclosed to the friends.
How many firms does the government need to find out what I think of the commie rock sucker and his taint tickling boyfriend, Reggie “fits like a glove” Love?
“Crony capitalism” takes on a whole new depth of meaning. Not merely constraint of trade, but of a de facto creation of a trust made up of an oligarchy of a few companies with unfair advantage over their competitors. Not only cash, but a lot of “insider” information that while not evidence of wrongdoing, is still a signpost in finding the vulnerabilities and weakness in the rival’s business model.
While business may be ruthless in its competition, still, why were the “trustbusters” so adamant in breaking industrial giants like Standard Oil and eventually Bell Telephone, and will today do nothing about this kind of predatory business practices?
Because the “trustbusters” have taken sides in industrial and business concerns, and it is to form a deliberately lopsided advantage for the favored side.
That, sir, is a model of precision, accuracy and conciseness.
The truth about this monstrocity is starting to come out.
The only change I would make, and that’s only to allow its use out of the context of this thread, would be to start it with: Under Obama Crony capitalism has taken...
One of the more interesting facts I have read today is that Microsoft and other software companies had an agreement with the NSA to tell them FIRST whenever they discover a new vulnerability. That gives the NSA time to USE that vulnerability against whoever they need to, before Microsoft then officially tells the rest of the world and releases a patch.
Is this article saying the government gives companies classified information? Isn’t that why they’re all pissed off at Snowden.