Welcome to Sott.net
Tue, 26 Oct 2021
The World for People who Think

Puppet Masters
Map

Wall Street

My life working for the real 'Wolf of Wall Street'

Josh Shapiro
New York Post
Sun, 08 Dec 2013 08:42 UTC
Shapiro 1

Josh Shapiro lived the high life during the 1990s and drove a red Porsche.
When most people his age were still figuring out what they wanted to do for a living, Josh Shapiro had a clear-cut plan - make as much money as possible. So he did.

In his early 20s, he was pulling down tens of thousands of dollars a month, working hard and partying harder at Stratton Oakmont, the notorious Long Island boiler room that sold investors the moon but delivered sawdust.

Shapiro idolized scheme masterminds Jordan Belfort and Danny Porush, who will be immortalized by Leonardo DiCaprio and Jonah Hill in Martin Scorsese's The Wolf of Wall Street, out on Christmas.

"The lie becomes the truth," said Shapiro, 41, who eventually became disillusioned, traded in his Porsche for a Buick, and left finance entirely for a life devoted to helping people.

Here's his story, as told to The Post's Gary Buiso.
      Read More...
Attention

Response to the Snowden revelations: The future of privacy is on the line


The Guardian
Tue, 10 Dec 2013 08:25 UTC
end nsa surveillance
The questions of privacy, surveillance, accountability and proportionality raised can no longer be brushed aside by the traditional invocation of national security

Seven months ago, Edward Snowden was a Hawaii-based employee of a US defence contractor, living an everyday life unknown to the public. At that time, in the US as elsewhere, national security issues also lived in the political shadows, almost as if the cold war had never quite ended. Back then, mainstream politics still tiptoed respectfully around the agencies, such as America's NSA and Britain's GCHQ, in the national security field. This was partly because they felt this was the proper patriotic course, partly because, fearful of terrorism, citizens seemed willing to trust the agencies to protect them from harm, and partly because they simply didn't know much about what the agencies were actually up to. It was another world.
      Read More...
Newspaper

Snowden's leaks become company assets?

Tom Watson
Forbes
Mon, 09 Dec 2013 08:10 UTC
Greenwald, Omidyar and Snowden

Greenwald, Omidyar and Snowden
Can a massive cache of stolen government secrets help to launch a successful new company - perhaps the world's most eagerly awaited social enterprise?

That is the somewhat thorny question facing the founders of what is thus far dubbed NewCo, the shadowy media start-up funded by eBay billionaire Pierre Omidyar to the tune of $250 million in entrepreneurial partnership with the journalists who worked with former U.S. government contractor Edward Snowden to bare the spying secrets of the National Security Agency to the world.
      Read More...
Oscar

No contest: Edward Snowden is person of the year

John Cassidy
The New Yorker
Mon, 09 Dec 2013 07:58 UTC
snowden like
© John Macdougall/AFP/Getty
In an effort to gin up a bit of publicity for its annual choice for "Person of the Year,"Time has released its list of ten finalists. They include Pope Francis, President Obama, Jeff Bezos, Miley Cyrus, Ted Cruz, and two Middle Eastern leaders: Bashar al-Assad, the embattled President of Syria, and Hassan Rouhani, the new President of Iran. Of these, Pope Francis is by far the strongest candidate, but even the radical new Pontiff can't compete with another troublemaker on the list: Edward Snowden, the former N.S.A. contractor who is currently residing somewhere in Russia as the guest of Vladimir Putin, Time's 2007 honoree.

Comment: Edward Snowden voted Guardian person of the year 2013

      Read More...
Evil Rays

Snowden documents had NYTimes executive fearing for his life

Jose Pagliery
CNN Money
Mon, 09 Dec 2013 07:42 UTC
Informing the American people about how their government spies on them can be risky business for journalists.
nyt pic
© Ramin Talate/Getty Images
The New York Times has partnered with other media outlets to release top-secret documents detailing the extent of unwarranted government surveillance. It's a frightening task.
Rajiv Pant, chief technology officer at The New York Times, thought he could be killed for it.

It was the IT help request from hell.

British newspaper The Guardian provided the Times with top-secret electronic documents exposed by former National Security Agency contractor Edward Snowden. Pant oversaw the handoff between the Guardian and the New York Times.

At the recent AppSec USA cybersecurity conference, the Times' chief technology officer described those tense initial moments.
      Read More...
Laptop

Whitewashing: Snowden leak examines gaming as a terrorist propaganda and training tool

Kyle Orland
arstechnica.com
Mon, 09 Dec 2013 06:46 UTC
Image
© ProPublica
The latest document dump from former National Security Agency contractor Edward Snowden is getting a lot of deserved attention for revelations that international security agencies are taking steps to monitor communications inside online games. But those leaked documents also include an in-depth report on the potential for games to be used as recruitment, training, and propaganda tools by extremist organizations.

Security contractor SAIC produced the 66-page report "Games: A look at emerging trends, users, threats and opportunities in influence activities" in early 2007, and the document gives a rare window into how the US intelligence community views interactive games as a potential tool to be used by foreign actors. While parts of the report seem pretty realistic about gaming's potential use as a propaganda and planning tool, other sections provide a more fantastical take on how video games can be used as potential weapons by America's enemies.

Comment: The aforementioned report is trying hard, but unsuccessfully, to give credence to the unlawful infiltration of online gaming by military intelligence, whose actual purpose seems to be spying, the collection of data from the private lives of American citizens and their recruitment as cannon fodder or informants. IF there is any group out there plotting against the US empire, they must have better communication means than hiding behind a fantasy-creature avatar and trying to get their message through the busy battlegrounds of online gaming.

So, with the above in mind, it makes one wonder what kind of a "leak" this was, since it agrees with the propaganda agenda of our times.

Read also: U.S. and UK military intelligence 'planted agents' into World of Warcraft, Second Life to spy on gamers

      Read More...
Chart Pie

Which companies dominate your state's politics?

Alex Park and Tasneem Raja
Mother Jones
Tue, 05 Nov 2013 06:35 UTC
Voters across America are heading to the polls today for state and local elections, and just like in federal elections, big business has been writing big checks to campaigns across the country. To follow the money in your state, see which industry topped the list of campaign contributions in the last election cycle:

corporate campaign contributions
© Bohdan Burmich/Noun Project
      Read More...
Arrow Down

Republicans blast Mary Burke for paying no state taxes in early 1990s

Daniel Bice
Milwaukee Journal Sentinel
Thu, 05 Dec 2013 00:00 UTC
mary burke
Gubernatorial candidate lived outside Wisconsin during the time

Democratic gubernatorial candidate Mary Burke has suggested that she is open to the possibility of raising taxes on the wealthy - at least by changing the deductions.

"I believe in people paying their fair share," Burke told The Capital Times.

But Republicans are asking if Burke has always paid her fair share. Specifically, Burke - now a Madison millionaire - paid no state income taxes for three full years during the 1990s and only a minimal amount in another year. She lived outside Wisconsin for most of that time.

Records show the one-time Trek Bicycle executive paid no taxes to the state in 1990 and 1992-'93. She paid $2,807 in 1991. Numerous stories and her Facebook page say she went to work for Trek, a Waterloo-based company founded by her father, as director of European operations in 1990.

By comparison, she has paid more than $100,000 in state income taxes in three of the past four years.

"It is deeply concerning that Millionaire Mary Burke didn't pay taxes at several points in her career, and she owes the people of Wisconsin a serious explanation - not excuses," said Joe Fadness, executive director of the state Republican Party.

Burke spokesman Joe Zepecki said there is no issue here. Burke plans to challenge Republican Gov. Scott Walker during his 2014 re-election bid.
      Read More...
Oscar

Edward Snowden voted Guardian person of the year 2013

Mark Rice-Oxley, Leila Haddou and Frances Perraudin
The Guardian
Mon, 09 Dec 2013 14:45 UTC
snowden
© The Guardian/AFP/Getty Images
In May Edward Snowden flew to Hong Kong where he gave journalists the material which blew the lid on the extent of US digital spying
NSA whistleblower's victory, for exposing the scale of internet surveillance, follows that of Chelsea Manning last year

For the second year in a row, a young American whistleblower alarmed at the unfettered and at times cynical deployment of power by the world's foremost superpower has been voted the Guardian's person of the year.

Edward Snowden, who leaked an estimated 200,000 files that exposed the extensive and intrusive nature of phone and internet surveillance and intelligence gathering by the US and its western allies, was the overwhelming choice of more than 2,000 people who voted.

Comment: Food for thought: About that 'greatest whistleblower ever': Ellsberg, Snowden, and the Secret Team

NSA leaker Edward Snowden seems to be another false hero created by intelligence and media circles

Matrix: Who is Edward Snowden?

      Read More...
Sheriff

U.S. gulag! Everything in American life has become a police matter

Chase Madar
MotherJones
Mon, 09 Dec 2013 08:09 UTC
Image
© Truthout.org/Flickr
From the workplace to our private lives, American society is starting to resemble a police state.

If all you've got is a hammer, then everything starts to look like a nail. And if police and prosecutors are your only tool, sooner or later everything and everyone will be treated as criminal. This is increasingly the American way of life, a path that involves "solving" social problems (and even some non-problems) by throwing cops at them, with generally disastrous results. Wall-to-wall criminal law encroaches ever more on everyday life as police power is applied in ways that would have been unthinkable just a generation ago.

By now, the militarization of the police has advanced to the point where "the War on Crime" and "the War on Drugs" are no longer metaphors but bland understatements. There is the proliferation of heavily armed SWAT teams, even in small towns; the use of shock-and-awe tactics to bust small-time bookies; the no-knock raids to recover trace amounts of drugs that often result in the killing of family dogs, if not family members; and in communities where drug treatment programs once were key, the waging of a drug version of counterinsurgency war. (All of this is ably reported on journalist Radley Balko's blog and in his book, The Rise of the Warrior Cop.) But American over-policing involves far more than the widely reported up-armoring of your local precinct. It's also the way police power has entered the DNA of social policy, turning just about every sphere of American life into a police matter.
      Read More...
Amazon Smile
Revolt! T-shirts