How Uncle Sam Manipulates Financial Accounts through Cyber Offense

December 22nd, 2013
in econ_news, syndication

Is the U.S. Government Changing the Amount In People’s Financial Accounts and Manipulating Financial Systems with Its Offensive Cyber Capabilities?

by Washington's Blog, Washington's Blog

Official White House Spying Panel Implies that It Might Be …

Hidden in the report which the White House panel on NSA released today is a stunning implication: that the U.S. government has been using its massive offensive cyber capabilities to change the amounts held in financial accounts and otherwise manipulating financial systems.

Specifically, the panel’s report states (page 221):

  1. Governments should not use surveillance to steal industry secrets to advantage their domestic industry;
  2. Governments should not use their offensive cyber capabilities to change the amounts held in financial accounts or otherwise manipulate the financial systems ….

Follow up:

Click to enlarge

The government certainly massively manipulates the economy and financial system.

There are already numerous examples of offensive cyber actions by the NSA:

As spying expert Trevor Timm from the Electronic Frontier Foundation Tweeted  (and Glenn Greenwald – who has seen the Snowden documents – re-tweeted):

Does this NSA report recommendation imply that NSA is conducting offensive cyber attacks against financial systems?

Remember, the NSA is tapping into and spying on the biggest financial payments systems such as VISA and Swift.

Top financial experts say that the NSA and other intelligence agencies are using information gained from spying to profit from this inside information. And the NSA wants to ramp up its spying on Wall Street … to “protect” it.

Whose money, exactly, is the NSA “protecting” … and how are they protecting it?

What about the money of people that the U.S. government considers undesirables?

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