I recently had the privilege of attending a Security and Defense summit in South Carolina hosted by the Citadel. The gathering pulled in members and leaders from every branch of military and government. For many, it was a chance to voice their concerns off the record. Sadly, most panels and discussions demonstrated one disturbing and re-occurrent theme – America is losing.
A large variety of jamming devices – illegal to market and sell in the U.S. – are available on the Internet. Their use could lead to interference with the reception of signals from our Space-Based Positioning, Navigation, and Timing (PNT) satellites (GPS). Through frequency interference and manipulation, criminals, terrorists, and hostile powers can deny or scramble information in a manner that will damage communication, transportation and function of most digital technologies in the private and public sectors.
In a landmark Freedom of Information Act (FOIA) suit brought by Bloomberg, the Federal Court ordered the Fed to disclose documentation pertaining to its emergency lending facilities. Here’s the crux, experts had initially estimated the Fed’s lending to be in the neighborhood of $7 trillion – but they were off – way off. Analysis of FOIA documents by Levy’s economists revealed that the true amount of the bailout (across all LOLR functions) exceeded $29.5 trillion (that’s 29 thousand five hundred times a billion!).
Today, most of federal agencies have fortified, barricaded, and closed off to the public – the public they exist to serve. Have you ever tried walking into the Department of Commerce, the Department of Health and Human Services or some other federal agency? Don’t bother… you’ll hardly get a foot through the door. Why? Because government has forgotten it depends on the people for survival. There was once a time when it meant something to be a “U.S. tax payer.”