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Food Stamp Recipients Panic as Federal EBT System Crashes; Government IT systems Rapidly Unraveling

Food Stamp Recipients Panic as Federal EBT System Crashes; Government IT systems Rapidly Unraveling

I’ve often said that 72 hours after EBT cards stop working, every U.S. city will collapse into chaos. In case you’re not familiar with the term, EBT cards are “digital food stamps.” Nearly 50 million Americans are right now using EBT cards which are automatically refilled each month with welfare money the government doesn’t have, increasing the national debt. Read More »

US fears back-door routes into the net because it’s building them too

US fears back-door routes into the net because it’s building them too

At a remarkable conference held at the Aspen Institute in 2011, General Michael Hayden, a former head of both the NSA and the CIA, said something very interesting. In a discussion of how to secure the “critical infrastructure” of the United States he described the phenomenon of compromised computer hardware – namely, chips that have hidden “back doors” inserted into them at the design or manufacturing stage – as “the problem from hell”. And, he went on, “frankly, it’s not a problem that can be solved”. Read More »

Foodstamp Nation In Turmoil: EBT System Goes Dark, “Glitch” Blamed

Foodstamp Nation In Turmoil EBT System Goes Dark, Glitch Blamed

Tyler Durden In the past five years it has become apparent that America can survive a near-fatal financial system collapse, an economy teetering on the edge and kept ticking only thanks to the Fed’s now perpetual QE, a collapsing standard of living for everyone but the wealthiest 0.1%, declining wages, zero interest rates, surging food, energy, rent, tuition and welfare ... Read More »

NSA backdoor fears creating crisis of confidence in U.S. high-tech products, services

NSA backdoor fears creating crisis of confidence in U.S

Fears that the National Security Agency (NSA) has managed to convince U.S.-based suppliers of software, hardware and services to install backdoors for espionage purposes has created a crisis of confidence around the world. There has been, of course, perennial suspicion that the NSA has sought backdoors, but documents leaked by former NSA contractor Edward Snowden last month confirm it. And neither the NSA nor the Director of National Intelligence, James Clapper -- whose office has frequently been the mouthpiece of the Obama Administration to speak about the NSA imbroglio -- has attempted to dissuade us otherwise. Mounting concern that NSA backdoors might be literally everywhere is causing network vendors, their customers, and security researchers to question what they trust. Read More »

The data hackers: mining your information for Big Brother

The data hackers mining your information for Big Brother

Sometimes, the world sends you back to school. These last months have offered us a crash course - call it Surveillance 101 - in how Washington, enveloped in a penumbra of extreme secrecy, went to work creating a global surveillance state on a scale almost beyond the imagination. It was certainly beyond the imaginations, not to say the technological capabilities, of the grim totalitarian states of the previous century, whose efforts were overwhelmingly focused on surveiling and locking down their own citizens, not those outside their borders. Read More »

Digital revolution: Robots to take our jobs. Thanks, corporate greed

Digital revolution Robots to take our jobs

In a recent paper entitled, The Future of Employment: How Susceptible Are Jobs to Computerization, research fellows from Oxford and Exeter assert that almost half of US employment could be at risk for computerization. And because corporations are singularly focused on their bottom line and profits, there is a good chance they will happily give all our jobs to robots. Read More »

Bank error makes restaurant manager the world’s first ever trillionaire (and he even offered to pay off the national debt before the glitch was spotted)

Bank error makes restaurant manager the world's first ever trillionaire (and he even offered to pay off the national debt before the glitch was spotted)

Most people on finding out that they've become rich beyond their wildest dreams would immediately splash out on a selfish purchase - a yacht, a mansion, maybe even a private island. But when Reggie Theus discovered he had become a trillionaire thanks to a bank error, he decided to make life easy for his fellow Americans, and offered to pay off the national debt. Read More »

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