Is The NSA Manipulating The Stock Market?

JonRappoport  March 20 2014

Zemanta Related Posts ThumbnailTrevor Timm of the Electronic Freedom Frontier dug up a very interesting nugget. It was embedded in the heralded December 2013 White House task force report on spying and snooping.

Under Recommendations, #31, section 2, he found this:

“Governments should not use their offensive cyber capabilities to change the amounts held in financial accounts or otherwise manipulate financial systems.”

Timm quite rightly wondered: why were these warnings in the report?

Were the authors just anticipating a possible crime? Or were they reflecting the fact that the NSA had already been engaging in the crime?

If this was just a bit of anticipation, why leave it naked in the report? Why not say there was no current evidence the NSA had been manipulating financial systems?

Those systems would, of course, include the stock market, and all trading markets around the world.

Well, there is definite evidence of other NSA financial snooping. From Spiegel Online, 9/15/13:

“The National Security Agency (NSA) widely monitors international payments, banking and credit card transactions, according to documents seen by SPIEGEL.”

“The NSA’s Tracfin data bank also contained data from the Brussels-based Society for Worldwide Interbank Financial Telecommunication (SWIFT), a network used by thousands of banks to send transaction information securely…the NSA spied on the organization on several levels, involving, among others, the [NSA] agency’s ‘tailored access operations’ division…”

Continue reading

Sam Sacks ~ First Rule Of Global Spying: Don’t Spy On The Elites [Video]

RT America  October 28 2013

Anger is coming from across the Atlantic as Germany and other EU nations demand answers from the NSA over alleged spying on heads of state. But this anger is a far cry from the support coming from Germany a few months ago after a Snowden leak showed the NSA was scooping up a half billion communications of average German citizens every month with the cooperation of German intelligence. So does that mean there’s a new rule when it comes to global spying: spy on average citizens all you want, just don’t spy on the political elite? RT’s Sam Sacks looks into it.

[youtube=http://youtu.be/ico-QUhruTA&w=500]