MooPig Tech Coroner :: "The NSA's Hugely Expensive Utah Data Center is Unusable"

The Security Industry Blows it Again
mashed articles by Pat Darnell  |  Oct 9, 2013  |  Bryan TX

[Picture LINK]

" ... When the National Security Agency broke ground in 2011 on a $1.2 billion data center in Utah, it launched the largest defense construction project in the nation. (Laurie Bennett. June 9, 2013. LINK) ... "

The National Security Agency’s new billion-dollar-plus data center in Bluffdale, Utah was supposed to go online in September, but the Wall Street Journal’s Siobhan Gorman reports that it has major electrical problems and that the facility known as “the country’s biggest spy center” is presently nearly unusable:

The NSA's Hugely Expensive Utah Data Center Has Major Electrical Problems And Basically Isn't Working - Forbes: "Chronic electrical surges at the massive new data-storage facility central to the National Security Agency’s spying operation have destroyed hundreds of thousands of dollars worth of machinery and delayed the center’s opening for a year, according to project documents and current and former officials. There have been 10 meltdowns in the past 13 months that have prevented the NSA from using computers at its new Utah data-storage center, slated to be the spy agency’s largest, according to project documents reviewed by The Wall Street Journal."

'via Blog this'

" ... The NSA described the center’s mission as supporting “the intelligence community’s efforts to further strengthen and protect the nation’s cyber security.”

Its aim, officials said then, was to help other government agencies, including the Department of Homeland Security, in protecting national security networks.

It appears that its purpose is also to plumb other computer networks, in the United States and abroad. The New York Times reports that the center is designed to “to store huge volumes of personal data indefinitely.” (Laurie Bennett. June 9, 2013. LINK) ... "




[Muckety Map LINK]

EXCERPT  |  " ... When I [Kashmir Hill] wrote about the Utah data center holding less information than was previously thought given the current limitations of technology in this space, some critics scoffed. They suggested that the NSA is far more advanced in its technology than companies like Google and Facebook with which I was drawing comparisons. This report from the WSJ about the flawed plans for the data center encourages some skepticism about NSA tech. And it definitely raises questions about the NSA budget. The center itself cost over a billion dollars to build, has a $1 million+ monthly electricity bill, and has cost up to $100,000 each time a “kill zone” happens. Those numbers are as disturbing as the privacy concerns raised by the Snowden leaks. (Kashmir Hill, Forbes Staff. Oct 7, 2013. LINK)..."

_________________________Reference
http://www.forbes.com/sites/kashmirhill/2013/10/07/the-nsas-hugely-expensive-utah-data-center-has-major-electrical-problems-and-basically-isnt-working/
http://www.wired.com/threatlevel/2012/03/ff_nsadatacenter/all/
http://online.wsj.com/article/SB10001424052702304441404579119490744478398.html?mod=wsj_nview_latest
http://news.muckety.com/2013/06/09/the-national-security-industrial-complex/42991
http://online.wsj.com/article/SB10001424052702304441404579119490744478398.html?mod=wsj_nview_latest
http://www.muckety.com/ptmoyb.htm?map=38EA3BC7474B3D7A26E254B7D44E037A.map&autoGroup=7,7
http://www.forbes.com/sites/kashmirhill/2013/03/04/nsa-utah-data-center-visit/
http://www.forbes.com/sites/kashmirhill/2013/07/24/blueprints-of-nsa-data-center-in-utah-suggest-its-storage-capacity-is-less-impressive-than-thought/
http://www.forbes.com/sites/netapp/2013/07/26/nsa-utah-datacenter/

MooPig Financial Trends :: "Bank Subsidies"

Government Cheese
Re-fashioned by Pat Darnell | June 29, 2013 | Bryan TX

"This is a clear case of socialism for the rich, -- and rugged, you're-on-your-own individualism for everyone else." (Bernie Sanders)  [Picture/MEME from faceBook]

Why Should Taxpayers Give Big Banks $83 Billion a Year? - Bloomberg: "So what if we told you that, by our calculations, the largest U.S. banks aren't really profitable at all? What if the billions of dollars they allegedly earn for their shareholders were almost entirely a gift from U.S. taxpayers?"

'via Blog this'

On television, in interviews and in meetings with investors, executives of the biggest U.S. banks -- notably JPMorgan Chase and Co. Chief Executive Jamie Dimon -- make the case that size is a competitive advantage. It helps them lower costs and vie for customers on an international scale. Limiting it, they warn, would impair profitability and weaken the country’s position in global finance.

In June 2011 Bernie Sanders and crew audited for the first time ever "from top to bottom" the Federal Reserve. It revealed that $16 trillion was provided by American banks, during the greatest economic failure since the Great Depression. The trillions were used to bail out "American and foreign, banks and businesses.

" ... Among the investigation's key findings is that the Fed unilaterally provided trillions of dollars in financial assistance to foreign banks and corporations from South Korea to Scotland, according to the GAO report. "No agency of the United States government should be allowed to bailout a foreign bank or corporation without the direct approval of Congress and the president," Sanders said. (Sanders, Bernie. June 21, 2011. LINK ) ... "

In Senator Sander's report from his web site it is implied that no one knows what the Federal Reserve System is, or how it does what it does; except for those employed by it. Those few executive yes men and women sitting at CEO positions at FRBNY, Federal Reserve Bank New York, and others are privy to secret information known only to the owners of the Federal Reserve Banks. Central Banks of Europe are included in this banking cartel.

For example:

"...the CEO of JP Morgan Chase served on the New York Fed's board of directors at the same time that his bank received more than $390 billion in financial assistance from the Fed. Moreover, JP Morgan Chase served as one of the clearing banks for the Fed's emergency lending programs. (Sanders, Bernie. June 21, 2011. LINK ) ... "

CONCLUSION
If the Federal Reserve Bank were a mouth, it would be chock full of cavities. Deep, dark, secret caves exist in our financial system.

"Neither bank executives nor shareholders have much incentive to change the situation. On the contrary, the financial industry spends hundreds of millions of dollars every election cycle on campaign donations and lobbying, much of which is aimed at maintaining the subsidy. The result is a bloated financial sector and recurring credit gluts. Left unchecked, the superbanks could ultimately require bailouts that exceed the government’s resources. Picture a meltdown in which the Treasury is helpless to step in as it did in 2008 and 2009. (By the Editors. Feb 20, 2013. LINK and LINK) ... "

NEXT WEEK ::  The Federal Reserve Act of 1913 is scheduled to expire at midnight December 31, 2013. It's renewal needs to be stopped.

__________________Reference
http://www.bloomberg.com/news/2013-02-20/why-should-taxpayers-give-big-banks-83-billion-a-year-.html
http://www.sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3
http://www.sanders.senate.gov/imo/media/doc/GAO%20Fed%20Investigation.pdf
http://www.opensecrets.org/industries/index.php

MooPig Site Reviews :: "Democracy Now!"

Don't you just love How everyone Today throws the "BILLION" Around?
Retrieved by Pat Darnell

[SOURCE]

AMY GOODMAN: The World Bank has approved a controversial $3.75 billion loan for South Africa to build one of the world’s largest coal-fired power plants. The World Bank said the loan to the South African utility company, Eskom, would help, quote, “South Africa achieve a reliable electricity supply.” But environmentalists in South Africa and abroad have criticized the decision and are urging the bank to stop supporting the development of coal plants and other large emitters of greenhouse gas emissions.

The United States, the Netherlands, Britain abstained from Thursday’s vote. The US Treasury said it abstained because of, quote, “concerns about the climate impact of the project and its incompatibility with the World Bank’s commitment to be a leader in climate change mitigation and adaptation.” The $3.75 billion [loan] includes $750 million for financing for renewables and energy efficiency projects in South Africa.

The project is also controversial in South Africa because the investment arm of the ruling African National Congress has a financial stake in the construction of the coal plant. [SOURCE]

This is a done deal and the funds are already vanished, yes vanished. WBF, or World Bank Funds, are gone gone gone....

Oh who is the WBF, you ask? The USA is the WBF in all its limitations.

NEXT WEEK: An urgent message from the investment community
The Economist calls, "an ethical oasis"...
Now JP Morgan estimates this once-in-a-decade storm will grow into an unstoppable $2.6 TRILLION force by 2011 ...

"Billion Dollar Blitzkrieg"

IT'S COMING... And it could make 2010 the most profitable year of your life -- if you take advantage of the 3 unique investment opportunities revealed before it's too late.... YIKES!!! WHEN IS TOO LATE??