Centralized world power and Net censorship

Centralized world power and Freedom of Speech cannot coexist!

We live in a small world where the actual power structure is hidden and centralized. On the other hand, the Net is all about freedom of speech. Clearly, centralized power and the Net cannot coexist. It is obvious that centralized power is well entrenched so naturally it is the Net that has to back off. This backing off manifests itself in many ways such as malware, P2P clogging, complexity and cost of Internet access, sluggish roll-out, non standard components, obsolescence, information overload, lack of customization and so on.

But the most sinister factor is Google's dominance. The lack of competition allows Google to stick to its keyword centric syntactic strategy where it is able to censor websites much more easily. This SIGNAL vs NOISE kind of censorship is able to confuse even the most determined searchers. In any case, Google is more about Ads than about Search.

The only way to bypass such censorship seems to be to search on the basis of authors as opposed to keywords. This is the only way to keep the SIGNAL NOISE ratio from getting out of control. What is more worrying is not ideology, it is spin. This is the reason we should give up even on authors and follow only individual commenters. The logic is that authors are looking for numbers and only spins see propagation.

To follow individual commenters, we can click on their names, which is usually a link to their website or a page containing other comments made by them. We can also try and Google their name. Savvy commenters pick quirky (hopefully unique) screen names for this very purpose.

But never mind, here too, our rulers have found a way out: botnets. The common perception is that botnets are moronic spreaders of spam and some of the less moronic botnets even try and phish out our passwords. To a certain extent this is true because email is the purest form of addressability so our rulers need spam to dilute it. And also financial scams and economic hardship have forever been used to keep people under control. That such actions keep the insurance and security companies humming is welcome too.

In actual fact, botnets are highly sophisticated networks which are not only able to unceasingly dodge detection but also troll ALL forums and add to the NOISE everywhere. Even complex captchas are no deterrents to these sophisticated bots. It is amazing how many of the comments posted are actually from sophisticated trolls that never be exposed because these behave like human commenters and come from innocent IPs. Recent studies have confirmed that botnets use SEO techniques to capture search engine traffic on controversial keywords.

Moral of the story: Suspect anything and everything because PERCEPTION CONTROL is the biggest game in town.

Internet Censorship Alert

Internet Censorship Alert: Alex Jones exposes agenda to 'blacklist' dissenting sites (March 14, 2010) As I predicted, the Obama Administration is trying to shut down the Internet - at least the parts he doesn't like. Barack Obamas regulatory czar, Cass Sunstein has stated that he wants to ban conspiracy theories from the internet. Think about what this means - Every video, every website, every blog, every email, that exposes or just criticizes the government for any reason whatsoever could be labeled a "conspiracy" and taken down. Your home could be raided in the middle of the night, and you could be carted of to jail for criticizing the government. All they have to do is call it a "conspiracy theory". http://www.youtube.com/watch?v=aqAWmBLFodE

Wednesday, September 17, 2008

100 Year Crash: McCain advisor spurred $62 trillion derivatives market that will swamp global

100 Year Crash: McCain advisor spurred $62 trillion derivatives market that will swamp global markets
Peter Cohan
Sep 15, 2008

http://www.bloggingstocks.com/2008/09/15/
100-year-crash-mccain-advisor-spurred-62-trillion-derivatives/

Lurking in the background of this weekend's collapse of two of Wall Street's biggest names, is a $62 trillion segment of the $450 trillion market for derivatives that grew huge thanks to John McCain's chief economic advisor, Phil "Americans are Whiners" Gramm. That's because in December 2000, Gramm, while a U.S. Senator, snuck in a 262-page amendment to a government re-authorization bill that created what is now the $62 trillion market for credit default swaps (CDSs).

Gramm's 262-page amendment, dubbed "The Commodity Futures Modernization Act," according to Texas Observer, freed financial institutions from oversight of their CDS transactions. "Prior to its passage, they say, banks underwrote mortgages and were responsible for the risks involved. Now, through the use of [CDSs]-which in theory insure the banks against bad debts-those risks are passed along to insurance companies and other investors," wrote Texas Observer.

How does this relate to Lehman's bankruptcy? "[CDSs] were a key factor in encouraging lenders to feel they could make loans without knowing the risks or whether the loan would be paid back. The Commodity Futures Modernization Act freed them of federal oversight," according to Texas Monthly. And it was due to these CDSs that Wall Street held an emergency session yesterday to try to minimize the damage of Lehman's CDSs and other derivatives. Unfortunately, this session did not produce much thanks to the built-in lack of knowledge of the risks in these transactions that Gramm's legislation ensured.

No comments: