“Big Brother is Eyeing Us – For Good or Evil?” - News and Current Events | futures io social day trading
futures io futures trading

“Big Brother is Eyeing Us – For Good or Evil?”
Updated: Views / Replies:307 / 0
Created: by Quick Summary Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools Search this Thread

“Big Brother is Eyeing Us – For Good or Evil?”

  #1 (permalink)
Quick Summary
“Big Brother is Eyeing Us – For Good or Evil?”

Presenting the Thought of the Day by Monness, Crespi, Hardt & Co.

“Big Brother is Eyeing Us – For Good or Evil?”

By Sydney M. Williams

We have all become increasingly aware of the fact that no matter what we do, where we go, or who we see, someone is watching us. It may not be “1984” yet, but it is getting pretty close. Most cell phones have a GPS chip built in, allowing your movements to be tracked within a few feet. Credit cards record all purchases – where and when. A car’s GPS system – built into its navigation system – tracks your car within a few yards. Last week I spent a few days skiing in Vail where the concept really hit home. Their Epic Pass has a chip that allows the mountain to track your every movement – the lift you ride, the trail you come down, when and where you take a break. The system is popular; it calculates the vertical feet one skis; it also allows one to track one’s friends, knowing what lift or trail they are on.

There is much that is useful, and even potentially lifesaving, in the ubiquity of such technology, but there is the risk that the information may fall into the wrong hands. Either way it is antithetical to the concept of the independent individual on which our society is based. Keep in mind, the Fourth Amendment of our Constitution guarantees the “right of the people to be secure in their persons, houses, papers, and effects against unreasonable searches and seizures.”

In the wake of the terrorists attack on 9/11, the Patriot Act was drafted, passed by Congress and signed into law by President Bush on October 25, 2001. (It is amazing how quickly Congress can act when they choose to!) The Act essentially provided the federal government the tools that were already in place – with court-ordered warrants – to counteract organized crime and drug trafficking. But, it did so while generally eliminating the necessity of getting court approval to search e-mails, tap into phone calls, access medical, financial and library records. A crisis, it has been said, is a terrible thing to waste. Most of the Act’s provisions were set to sunset in four years; however, it was reauthorized in 2006. And, on May 26, 2011, President Barack Obama signed another four-year extension of its key provisions.

Other than an old flintlock, there are no weapons in my house. Apart from a brief period in the U.S. Army, I have never fired a weapon. Nevertheless, the right to bear arms is an intrinsic right of our citizens and one supported by the Second Amendment. And I strongly support the notion that, in the case of a crime or an accident, it is almost never the inanimate weapon that is at fault; the fault lies with the bearer, or the owner. Thus, it was interesting, amusing and a little frightening to read of Professor David Kopel’s recent testimony before the Senate Judiciary Panel on the Schumer Registration and Rights Denial Bill. Mr. Kopel teaches at the University of Denver’s Sturm College of Law. (The name “Sturm”, presumably, derives from Sturm Ruger, the manufacturer of the Ruger SR9 pistol and seventy other weapons.) Senator Schumer’s Bill appeared not only to violate the Second Amendment, but also the Fifth. When Senator Schumer seemed unaware of some of his Bill’s provisions, Professor Kopel suggested he redraft the text to reflect his intent. The Bill is still pending. Certainly, if a chip can be embedded in a credit card and car, it could be placed inside a weapon. While such a decision may be applauded by some, the consequences could be a decrease in gun sales and an increase in gun thefts.

The 2012 Defense Department Authorization bill, which the Senate is currently considering, contains a provision that would authorize the U.S. military to indefinitely detain anyone they consider to be engaged in hostilities toward the United States, without charge or trial. The provision would not restrict military detentions to people in specific countries or regions of the world and would apply to U.S. citizens living within the United States. While I agree that vigilance is critical in a world as dangerous as the one in which we live, is it worth living in a prison, even one guarded by those whom we have elected? President Abraham Lincoln did suspend the Writ of Habeas Corpus in 1861, allowing the government to hold suspects indefinitely without charge, but that was during the Civil War and he was criticized at the time.

Unmanned predator drones are being used not just in theaters of war or for border surveillance, but to search out criminals on American soil. Michael C. Kostelnik, retired Air Force general and Assistant Commissioner of the Office of Custom and Border Protection, was quoted recently as saying that predator drones are flown “in many areas around the country, not only for federal operators, but also for state and local enforcement.” Ohio Democratic Representative Dennis Kucinich, with whom I don’t often agree, spoke last summer against the domestic use of predator drones: “…we have slipped into a spooky new world where joystick gods manipulating robots deal death from the skies and then go home and hug their children…The proliferation of drone technology and its inevitable extension into civilian law enforcement is a leap into the arms of Big Brother.” It is this fear of an omnipotent government that has made so popular fictional characters like Lee Child’s Jack Reacher, an ex-Army MP who travels the country, courting trouble without car, cell phones or credit cards.

It may be that my words are unduly alarmist, and perhaps they are. But our democracy has always been fragile. The enormous strides in surveillance technology, the increased power of appointees within the executive branch who are not beholden to Congress, the real threat of terrorist activity and little understanding of history on the part of too many people provide risk to our individual freedoms. “Truth,” wrote George Orwell, “is treason in the empire of lies.”

We in the United States have lived free from a tyrannical government for over two hundred years. It becomes easy, therefore, to succumb to the notion that government is benevolent and can do us no harm. But the founders of our nation knew otherwise, as do millions of people today who have come here from countries that do not have our basic freedoms.

It is easy to slide insidiously into repression. Just ask Jews who lived in Germany in the early 1930s. Over the years, novelists have warned of the consequences of an expanded and centralized government. Dystopian novels like Alduos Huxley’s Brave New World, Fahrenheit 451 by Ray Bradbury and A Clockwork Orange by Anthony Burgess, among others, have dealt with a future in which dehumanized people led lives fearful of an all-knowing and all-powerful government. Technology and surveillance systems today have rendered such possibilities as probabilities. The fear of terrorism has made us more willing to tolerate increased government intrusion. Predator drones attack our enemies without putting our soldiers at physical risk, seemingly inconsistent with their job description. There is no halting technological development, nor should there be. Nevertheless, the risk of an unscrupulous person gaining power exists. Our democracy is based on a system of checks and balances. However, since 1933, the executive branch of our government has assumed increasing powers – today manifested in the 38 “czars” working in the Obama Administration – 33 of whom function without Senate confirmation.

In the wake of Communism in Russia and Nazis in Germany, Sinclair Lewis titled his 1935 novel, It Can’t Happen Here. So far it hasn’t, but that is no reason to let down our guard.

More on ZeroHedge...

Reply to share your thoughts on this current event.


futures io > > > > “Big Brother is Eyeing Us – For Good or Evil?”

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

Wyckoff Hunting for Great Risk/Reward Ratio w/Gary Fullett

Elite only

Digging into the Details of iSystems w/Stage 5 & iSystems

Jun 5

Similar Threads
Thread Thread Starter Forum Replies Last Post
... not looking good in Sudan GridKing News and Current Events 1 June 24th, 2011 04:55 PM
An oldie, but good for another laugh kbit Jokes 0 May 16th, 2011 01:53 PM
Life is good being a broker Slack Reviews of Brokers and Data Feeds 2 March 13th, 2011 05:17 AM
Is this strategy good enough? baruchs Currency Futures 145 March 7th, 2011 11:35 AM
Who thinks this is a good strategy? Big Mike Traders Hideout 25 November 9th, 2009 03:23 PM

All times are GMT -4. The time now is 03:24 AM.

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2018-05-21 in 0.06 seconds with 19 queries on phoenix via your IP