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Formally, the Obama administration has chosen to allow the Pentagon to take the lead in describing the threat of Chinese cyberwarriors: The Obama administration on Monday explicitly accused China’s military of mounting attacks on American government computer systems and defense contractors, saying one motive could be to map “military capabilities that could be exploited during […]
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My since long exited drummer was a gold bug. That is, he was a Fed hater, a true believer in the idea that the US should return to the gold standard and that “fiat money” was a fraud. Perhaps not that strongly, but enough to think the escape from gold and the Fed were the […]
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Fresh from the cyberattack that just about took down the Internet earlier in the week, Nicole Perlroth of the New York Times, along with David Sanger, who uncovered the administration’s deployment of the Stuxnet virus into Iranian networks, serve up still more fearmongering on Iranian and North Korean cyberwar capabilities. From the Times: The difficulty […]
The twisted, ludicrous nature of American life can’t be exaggerated. From the wire: An animated version of the fallen US spymaster [David Petraeus] has a part in what is expected to be the top selling video game of the year – freshly-launched military espionage action title Call of Duty: Black Ops 2. Petraeus is promoted […]
I just got off the telephone with the BBC. And this was because, overnight, the news media had renewed its interest in the ongoing denial of service nuisance attacks against major banks in the US. Excerpted, from NBC, last night: Ally Financial on Thursday became the latest U.S. financial institution to face cyber attacks that […]
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There are no rays of light for Mitt Romney in the secret video. Everything said at the private Florida toff’s club is a liability. On security, Romney also had much to say. Most notably, the following on alleged weakness in the US military under the Obama administration: [And] about twice as much as China, not […]
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Wall Street was responsible for the economic collapse in 2008-2009. That collapse inflicted more damage on the American middle class in lost income and jobs than any amount of cybercrime. I’ve long argued all newspaper stories in which “experts” show up to maintain Wall Street needs to be protected from “cybercrime,” that the nation is […]
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Peter Thiel, noticed today because Paul Krugman and someone else kind of make fun of him. Krugman: On a slightly more elevated note, Matt Yglesias has some fun with a prominent libertarian, Peter Thiel, who looks at the contrast between rapid progress in information technology and less rapid progress in “stuff??? and blames .. the […]
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The President delivers his digital Pearl Harbor story, not using the phrase because presumably has been told of its exposure to ridicule, in the Wall Street Journal (excerpted): Last month I convened an emergency meeting of my cabinet and top homeland security, intelligence and defense officials. Across the country trains had derailed, including one carrying […]
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“In my opinion, it’s the greatest transfer of wealth in history,” said general Keith Alexander, he of the National Security Agency, on cyberattacks launched at our great country. Not quite, and no one has to rely on opinion. The greatest transfer of wealth in history is the economic collapse of 2008, a disaster that shaved […]
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