The New York Reach-Around

People who watch the surveillance state have known about this stuff since the early 1980s. My personal theory is that spooks talk to each other (as spooks do) and eventually word starts to leak; it’s too clever a scam to miss. Then, when a program becomes huge enough, there are tens of thousands of people using the data from it; it’s pretty easy to figure out where the data is coming from. I first encountered the international reach-around when I was at a conference and wound up talking to an interesting fellow who turned out to be a journalist that had been investigating the surveillance state for a very long time.

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Capital: Asset Stripping and Leveraging 101

A friend of mine retired from an IT executive job and she and her husband decided to become wealthy capitalists in their retirement. Since the evils of capitalism are a frequent topic here on FtB, maybe it’s a good idea to do a quick explainer of how a few of those evils work. These are the simple ones, and I’ll describe them as cleanly as I can so you can understand what’s going on when you hear about it elsewhere.

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Profiteers

The ‘collectible’ book market on Amazon is pretty interesting. A few years ago I thought I’d get a friend of mine a copy of one of my favorite monographs by Erwin Olaf, and I was stunned to discover that it was over $1000.00 on Amazon. There appear to be a small number of gamblers who like to buy books and then list them for high prices so they can score a tidy windfall if it turns out someone wants them that badly.

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