Posted on 09/29/2011 9:31:55 AM PDT by Lucky9teen
The Federal Reserve wants to know what you are saying about it. In fact, the Federal Reserve has announced plans to identify "key bloggers" and to monitor "billions of conversations" about the Fed on Facebook, Twitter, forums and blogs. This is yet another sign that the alternative media is having a dramatic impact. As first reported on Zero Hedge, the Federal Reserve Bank of New York has issued a "Request for Proposal" to suppliers who may be interested in participating in the development of a "Sentiment Analysis And Social Media Monitoring Solution". In other words, the Federal Reserve wants to develop a highly sophisticated system that will gather everything that you and I say about the Federal Reserve on the Internet and that will analyze what our feelings about the Fed are. Obviously, any "positive" feelings about the Fed would not be a problem. What they really want to do is to gather information on everyone that views the Federal Reserve negatively. It is unclear how they plan to use this information once they have it, but considering how many alternative media sources have been shut down lately, this is obviously a very troubling sign.
You can read this "Request for Proposal" right here. Posted below are some of the key quotes from the document (in bold) with some of my own commentary in between the quotes....
"The intent is to establish a fair and equitable partnership with a market leader who will who gather data from various social media outlets and news sources and provide applicable reporting to FRBNY. This Request for Proposal ("RFP") was created in an effort to support FRBNY's Social Media Listening Platforms initiative."
A system like this is not cheap. Apparently the Federal Reserve Bank of New York believes that gathering all of this information is very important. In recent years, criticism of the Federal Reserve has become very intense, and most of this criticism has been coming from the Internet. It has gotten to the point where the Federal Reserve Bank of New York has decided that it had better listen to what is being said and find out who is saying it.
"Social media listening platforms are solutions that gather data from various social media outlets and news sources. They monitor billions of conversations and generate text analytics based on predefined criteria. They can also determine the sentiment of a speaker or writer with respect to some topic or document."
The Federal Reserve Bank of New York intends to listen in on "billions of conversations" and to actually determine the "sentiment" of those that are participating in those conversations.
Of course it will be those conversations that are "negative" about the Federal Reserve that will be setting off the alarm bells.
"Identify and reach out to key bloggers and influencers"
Uh oh. So they plan to "identify" key bloggers and influencers?
What exactly do they plan to do once they "identify" them?
"The solution must be able to gather data from the primary social media platforms Facebook, Twitter, Blogs, Forums and YouTube."
Hopefully you understand this already, but nothing posted on the Internet is ever anonymous. Everything on the Internet is gathered by a vast host of organizations and is used for a wide variety of purposes. Data mining has become a billion dollar industry, and it is only going to keep growing.
You may think that you are "anonymous" when you criticize organizations like the Fed, but the truth is that if you are loud enough they will see it and they will make a record of it.
"The solution must provide real-time monitoring of relevant conversations. It should provide sentiment analysis (positive, negative or neutral) around key conversational topics."
Why do they need to perform "sentiment analysis"?
If someone is identified as being overly "negative" about the Fed, what will they do about it?
"The solution should provide an alerting mechanism that automatically sends out reports or notifications based a predefined trigger."
This sounds very much like the kind of "keyword" intelligence gathering systems that are currently in use by major governments around the globe.
Very, very creepy stuff.
Are you disturbed yet?
For those of us that write about the Federal Reserve a lot, this is very sobering news.
I wonder what the Fed will think about the following articles that I have posted on this site....
*Celebrating Independence Yet Enslaved To Debt
*19 Reasons Why The Federal Reserve Is At The Heart Of Our Economic Problems
*Is Ben Bernanke A Liar, A Lunatic Or Is He Just Completely And Totally Incompetent?
*10 Things That Would Be Different If The Federal Reserve Had Never Been Created
What is their "Social Media Monitoring Solution" going to think about those articles?
Unfortunately, this is all part of a very disturbing trend.
Recently, a very creepy website known as "Attack Watch" was launched to gather information on those saying "negative" things about Barack Obama.
Suddenly, everyone seems obsessed with what you and I are saying.
This just shows how the power of the alternative media is growing.
Not only that, but it seems as though the government also wants to gather as much information on all of us as possible.
For example, a new rule is being proposed by the Department of Health and Human Services that would force health insurance companies to submit detailed health care information about all of their customers to the federal government.
Every single day our privacy is being stripped away a little bit more.
But now it is often not just enough for them to know what we are doing and saying. Instead, the "authorities" are increasingly stepping in to silence important voices.
One of the most recent examples of this was when Activistpost was taken down by Google. We are still awaiting word on why this was done.
Sadly, the silencing of Activistpost is far from an isolated incident.
Hordes of YouTube accounts have been shut down for their political viewpoints.
Quite a few very prominent alternative media websites have been censored or attacked because of what they stand for.
So why is this happening? Well, it turns out that the power of the alternative media is growing. According to a new survey by the Pew Research Center for The People & The Press, 43 percent of Americans say that they get their news on national and international issues from the Internet. Back in 1999, that figure was sitting at just 6 percent.
The American people are sick and tired of getting "canned news", and they are increasingly turning to the Internet in a search for the truth.
As I have written about previously, the mainstream media in this country is overwhelmingly dominated by just 6 very powerful corporations....
Today, ownership of the news media has been concentrated in the hands of just six incredibly powerful media corporations. These corporate behemoths control most of what we watch, hear and read every single day. They own television networks, cable channels, movie studios, newspapers, magazines, publishing houses, music labels and even many of our favorite websites. Sadly, most Americans don't even stop to think about who is feeding them the endless hours of news and entertainment that they constantly ingest. Most Americans don't really seem to care about who owns the media. But they should. The truth is that each of us is deeply influenced by the messages that are constantly being pounded into our heads by the mainstream media. The average American watches 153 hours of television a month. In fact, most Americans begin to feel physically uncomfortable if they go too long without watching or listening to something. Sadly, most Americans have become absolutely addicted to news and entertainment and the ownership of all that news and entertainment that we crave is being concentrated in fewer and fewer hands each year.
The "news" that we get from various mainstream sources seems to always be so similar. It is as if nearly all mainstream news organizations are reading from the same script. The American people know that they are not getting the whole truth and they have been increasingly looking to alternative sources.
The monopoly over the news that the mainstream media once possessed has been broken. The alternative media is now creating some huge problems for organizations that were once very closely protected by the mainstream media.
The American people are starting to wake up and they are starting to get very upset about a lot of the corruption that has been going on in our society.
But it turns out that the "authorities" don't like it too much when Americans try to actually exercise free speech in America today. For example, you can see recent video of female protesters in New York City being penned in by police and then brutally maced right here.
Are you sickened by that?
You should be.
What the "authorities" want is for us to shut up, sit in our homes and act as if nothing wrong is happening.
Meanwhile, they seem determined to watch us more closely than ever.
So are you going to be afraid to talk negatively about the Federal Reserve now that you know that they are going to be watching what you say on the Internet?
This book is stunning!
I may listen and possibly learn, but in the end I think for myself.
I'm pretty much the same way. I'm definitely unconventional, to the point of eccentricity at times.
Some good AI sofware to auto-generated identities and comments, and I think you could probably Cloward-Piven that thing into the ground.
My conception of right and wrong were given me by my father and mother who were both exceptionally good people.I attended Catholic school to the 6th grade.As far as my parents could afford. My family values are strong.
I believe in the Bible of course ,but as a Catholic I am not as familiar with the Bible as I probably should be. For some reason Catholics do not study the Bible as in depth as many other religions. We rely a lot on the scripture read in Church and taught us in catechisms in school or CCD.
I am probably more read of the Bible itself than most Catholics in my set , as I have read it, especially the parts that most interest me.Of course that is no way to study the Bible,but I admit that is my way.I am certainly not what anyone could call learned of the Bible. Just familiar with it.
” - - - What they really want to do is to gather information on everyone that views the Federal Reserve negatively. - - -
HEY ! Professor Enema Ben! Over here ! I have a very strong, very negative opinion of the Federal Reserve. PLEASE put me on your naughty boy list.
What were you thinking Professor? Oops. Sorry. I just remembered that a thinking Professor is an oxy-moron. Sorry.
STOP PRINTING OUR GRANDCHILDREN’S MONEY ! Just because they cannot vote your sorry behind out of your sorry job is NO reason to print and then blow it on the failed FHA/Freddie/Fannie Bankruptcy of 2008 !
You have a sorry, constipated Congress that can’t budget for three years today, so STOP the enemas of Quantitative Easing. It is not working! There is NO movement in the bowels of Congress!
Go back to Princeton in shame, and pull that Ivy-covered TARP over your sorry head !
” - - - What they really want to do is to gather information on everyone that views the Federal Reserve negatively. - - -
HEY ! Professor Enema Ben! Over here ! I have a very strong, very negative opinion of the Federal Reserve. PLEASE put me on your naughty boy list.
What were you thinking Professor? Oops. Sorry. I just remembered that a thinking Professor is an oxy-moron. Sorry.
STOP PRINTING OUR GRANDCHILDREN’S MONEY ! Just because they cannot vote your sorry behind out of your sorry job is NO reason to print and then blow it on the failed FHA/Freddie/Fannie Bankruptcy of 2008 !
You have a sorry, constipated Congress that can’t budget for three years today, so STOP the enemas of Quantitative Easing. It is not working! There is NO movement in the bowels of Congress!
Go back to Princeton in shame, and pull that Ivy-covered TARP over your sorry head !
Why? The stuff is public, right?
If they want to suck it off the net and evaluate it, and massage it for additional data or ideas, fine.
Its when they start trying to use force of law to make the bloggers change their content, or to eliminate them, that we have an issue.
If someone is going to throw out an accusation like that they really should give some evidence of it.
I’ve worked in the Intel field for a while. I’ll have to get the reg out and see if the Fed Reserve falls under Intel Oversight. If any DOD entity were to do what the Fed Res is doing, heads would roll.
It is in fact illegal for DOD personnel to collect information (spy) on US citizens unless authorization is given. Open source info is included in the Act, afterall information is information.
The Federal Reserver, despite the name, is a private entity and NOT part of the US Government. (That is why it gives conspiracy theorists, and just plain folks who pay attention, the creeps.)
So I suspect that they can get away with this.
Who did this audit?
Here’s an idea for an article you can post: Assume that the USA still printed 1,000 dollar bills (Nixon stopped printing them). Assume that there is no air space between each bill. Assume that a hole can be dug into the Earth to hold a stack of 1,000 dollar bills. Now the fun part: How deep would three holes have to be to hold a stack of 1,000 dollar bills that had, respectively, face values of 1 million, 1 billion and 1 trillion dollars?
Clues: Google the thickness in millimeters of the paper/rag used to print all our paper money, use 25.4 millimeters per inch conversion factor, do not stand near sharp objects when you calculate the three answers, as our VALLEY OF DEBT is beyond human comprehension.
Well, that’s not quite true, the politicians simplify the problem by just changing 4 letters.
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