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Old 06-14-2013, 03:43 AM  
Taco John Taco John is offline
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The most interesting story on PRISM you'll probably ever read

Is PRISM’s ‘Big Data’ about Big Money?

ECONOMIC ESPIONAGE

The possibility that PRISM is being used for economic espionage was hinted at by Snowden in a little-noticed statement to The Guardian newspaper, which broke the PRISM story on June 9. It its initial report, it said this about Snowden:
He described as formative an incident in which he claimed CIA operatives were attempting to recruit a Swiss banker to obtain secret banking information. Snowden said they achieved this by purposely getting the banker drunk and encouraging him to drive home in his car. When the banker was arrested for drunk driving, the undercover agent seeking to befriend him offered to help, and a bond was formed that led to successful recruitment.
Of course, it’s possible that the CIA suspected this Swiss banker of being the conduit for terrorist financing, but that is very unlikely. There are many illegal activities that secretive Swiss banks will happily accommodate, such as tax evasion, but they draw the line at facilitating terrorism.
It is much more likely that the CIA was after information that would fall more into the category of economic espionage, which would include efforts to get secret information on Americans and U.S.-based corporations engaging in tax evasion. This is an area where the U.S. and Switzerland have been at loggerheads for years.

But economic espionage may encompass far more. It is a murky area of intelligence and counterintelligence that has grown significantly over the last 20 years as both businesses and governments seek trade secrets and commercial information through computer hacking.

It is not known how much of this goes on because the victims may not be aware of it. Moreover, when businesses are aware, they are loathe to make the information public lest its customers and clients quickly go to their competitors. Who would keep their money in a bank known to have had its computers hacked?


A lot more at the link - well worth reading.


Read more at http://www.thefiscaltimes.com/Column...TdgEV37Xkyv.99
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Old 06-14-2013, 06:00 AM   #2
Ace Gunner Ace Gunner is offline
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"our moral authority in this area will be greatly diminished and efforts to enlist allies in the fight against economic espionage will fall on deaf ears"

this gov't has long worn out their cry for wolf.

It's obvious the US gov't is in the biz of international policing and security for large corporations operating worldwide -- that job could easily expand to include foiling the efforts of those they compete with -- we have already witnessed the US gov't foiling the patriot movement in america by financial (IRS) means.
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Old 06-14-2013, 09:40 AM   #3
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It's really certain men and/or corporations controlling our govt to police for them internationally. It's a corrupt situation.
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Old 06-14-2013, 12:49 PM   #4
aturnis aturnis is offline
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Can't say I disagree with going after the tax frauds who hide money over seas... But there has to be a better way.

Like maybe getting tough with the Swiss.
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Old 06-14-2013, 01:08 PM   #5
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Quote:
Originally Posted by aturnis View Post
Can't say I disagree with going after the tax frauds who hide money over seas... But there has to be a better way.

Like maybe getting tough with the Swiss.
I disagree. I see those folks as no different, than our patriots against King George. They try to keep their own money and they're considered criminals. I'd much rather abolish the IRS and have a national consumption tax, that gets rid of the need for folks to do such things.
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Old 06-14-2013, 01:32 PM   #6
aturnis aturnis is offline
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Quote:
Originally Posted by BucEyedPea View Post
I disagree. I see those folks as no different, than our patriots against King George. They try to keep their own money and they're considered criminals. I'd much rather abolish the IRS and have a national consumption tax, that gets rid of the need for folks to do such things.
Well, until they successfully abolish the IRS, they are criminals.

Besides that, your money, and the fees you pay in order to have the privilege to earn it here in the US, have nothing to do with religious persecution.
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Old 06-14-2013, 01:52 PM   #7
BucEyedPea BucEyedPea is offline
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Quote:
Originally Posted by aturnis View Post
Well, until they successfully abolish the IRS, they are criminals.
To me the govt is the criminal.

Quote:
Besides that, your money, and the fees you pay in order to have the privilege to earn it here in the US, have nothing to do with religious persecution.
I didn't say anything about religious persecution. Privilege to earn it here? Sorry I don't buy into the idea that freedom from govt requires fees. Plus freedom is a natural right...including the right to be left alone. You're making a collectivist argument.
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