When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Saturday, June 29, 2013

NSA Surveillance: probably not very effective at stopping terrorism--but boy is it lucrative!

We know US government security work is lucrative--for the growing bureaucracy, its contractors, and workers (as the case of Edward Snowden tells us) and I'm sure the political contributions are huge which flow from the variety of business interests benefiting from all the feeding at the public trough, however none of that assures program "effectiveness"--so what is the ROI on our billions wasted on "security?"

Surveillance helped stop plots against NYSE and New York subway, official says - U.S. News

Money Quote: "Joyce said, however, that he could not pinpoint how important the surveillance programs were to stopping the (terroristic) plots."

Probable Meaning: "not very important" (but boy are they lucrative!)


The Big Picture

Financial Crisis - The Telegraph

JohnTheCrowd.com | The Sailing Website

Craig Newmark - craigconnects