Putting Larry Summers in charge of the Federal Reserve is absurd

Lee Camp explains why it is absurd for Barack Obama to even be considering putting Larry Summers in charge of the Federal Reserve. Here is the referenced article by Greg Palast. Here's an excerpt:

The Memo confirmed every conspiracy freak's fantasy: that in the late 1990s, the top US Treasury officials secretly conspired with a small cabal of banker big-shots to rip apart financial regulation across the planet. When you see 26.3% unemployment in Spain, desperation and hunger in Greece, riots in Indonesia and Detroit in bankruptcy, go back to this End Game memo, the genesis of the blood and tears. The Treasury official playing the bankers' secret End Game was Larry Summers. Today, Summers is Barack Obama's leading choice for Chairman of the US Federal Reserve, the world's central bank. If the confidential memo is authentic, then Summers shouldn't be serving on the Fed, he should be serving hard time in some dungeon reserved for the criminally insane of the finance world. The memo is authentic.

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Thank you, NSA

David Meyer "thanks" the NSA for making us all insecure. His analysis is spot on, and it should outrage everyone who has tried to password protect anything on the Internet:

What is so jaw-droppingly idiotic about your actions is that you have not only subverted key elements of modern cryptography, but you have also appointed yourself as the guardian of the knowledge that the resulting vulnerabilities exist. And if your own security systems were up to the task, then those secrets wouldn’t be sitting in the offices of the New York Times and ProPublica. One must possess a Panglossian view on things to assume that Edward Snowden was the first person out of the many thousands in his position to make away with such material. He brought it to the public, and without that move there’s a good chance you wouldn’t have even known he took it. So who else has it? Bet you have no idea. So well done; you’ve probably put your own citizens at risk.

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Staying off NSA radar

At the U.K Guardian, Bruce Schneier offers five pieces strategies for staying off the NSA radar. Excellent article with real advice, including caveats Here are a few excerpts:

1) Hide in the network. 2) Encrypt your communications. Use TLS. Use IPsec. 3) Assume that while your computer can be compromised, it would take work and risk on the part of the NSA – so it probably isn't. If you have something really important, use an air gap. 4) Be suspicious of commercial encryption software, especially from large vendors. My guess is that most encryption products from large US companies have NSA-friendly back doors, and many foreign ones probably do as well. 5) Try to use public-domain encryption that has to be compatible with other implementations.

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Bank of America hammers whistle blower

Check out what Bank of America did to this whistle blower. This type of "justice" will make people think twice about stepping up to be whistle blowers. this outcome disturbs me for two reasons. 1. I publicly blew the whistle on a Missouri Attorney General more than 20 years ago, resulting in widespread public exposure of his corruption, so this issue is personal to me, and 2. Whistle blowers are often the only source of unfiltered information for the public, information that can serve the public good. We need to get over the idea that whistle-blowing is improper simply because whistle-blowers disobey their employers' wishes or disobey laws even as they are achieving a greater good with no personal gain.

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Surveillance state run amok: Another reason most decent people won’t run for public office

What if you were a reasonably smart and good-hearted person who was willing to run for national political office? You most likely wouldn't because of numerous financial, social and institutional hurdles, some of which I've described here. If you were undeterred by those hurdles, you would be somewhat likely to be a psychopath, and you shouldn't be allowed to serve in a position of public trust. But let's say you were one of those rare people who was ready to persevere through all of these hurdles. Well, there would be one more hurdle for you, one that was described by Glenn Greenwald back in November 2012, well before the Edward Snowden Story broke. The situation was the affair of General Petraeus, particularly the vast invasion and public outing of his emails to and from Paula Broadwell. All of this occurred, courtesy of the security state in a situation where no crime had been alleged. This is a disturbing example of how, at a push of a button, one's emails are easily accessible, and that the surveillance state doesn't give a crap about personal privacy. More recent revelations related to Edward Snowden's disclosures indicate that the surveillance state grabs virtually all of our emails and stores them for later analysis, meaning that they are available to dissuade one from running for office whenever the surveillance state decides to promulgate the most private aspects of your life. Here's is an excerpt from Greenwald's description of this real life problem, illustrated by the affair of General Petraeus:

So all based on a handful of rather unremarkable emails sent to a woman fortunate enough to have a friend at the FBI, the FBI traced all of Broadwell's physical locations, learned of all the accounts she uses, ended up reading all of her emails, investigated the identity of her anonymous lover (who turned out to be Petraeus), and then possibly read his emails as well. They dug around in all of this without any evidence of any real crime - at most, they had a case of "cyber-harassment" more benign than what regularly appears in my email inbox and that of countless of other people - and, in large part, without the need for any warrant from a court. But that isn't all the FBI learned. It was revealed this morning that they also discovered "alleged inappropriate communication" to Kelley from Gen. Allen, who is not only the top commander in Afghanistan but was also just nominated by President Obama to be the Commander of US European Command and Supreme Allied Commander Europe (a nomination now "on hold"). Here, according to Reuters, is what the snooping FBI agents obtained about that [emphasis added]:
"The U.S. official said the FBI uncovered between 20,000 and 30,000 pages of communications - mostly emails spanning from 2010 to 2012 - between Allen and Jill Kelley . . . . "Asked whether there was concern about the disclosure of classified information, the official said, on condition of anonymity: 'We are concerned about inappropriate communications. We are not going to speculate as to what is contained in these documents.'"
So not only did the FBI - again, all without any real evidence of a crime - trace the locations and identity of Broadwell and Petreaus, and read through Broadwell's emails (and possibly Petraeus'), but they also got their hands on and read through 20,000-30,000 pages of emails between Gen. Allen and Kelley. This is a surveillance state run amok. It also highlights how any remnants of internet anonymity have been all but obliterated by the union between the state and technology companies.
Therefore, no matter who you are, even if you are a decent and intelligent person, the system has all but guaranteed that you won't run for prominent public office. After all, if you have lived a real life, a meaningful life, you likely have at least a few skeletons in your closet. If you doubt this, go ahead and run for high political office and we'll see what falls out.

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