Reading on the Ponzi: 8/5/13
Today’s reading is more focused on the Ponzi of Politics than that of finance.
Reuters broke a story today revealing that the DEA was funneling info from NSA databases to help launch their own criminal investigations.
Glenn Greenwald at the Guardian reports that the NSA has repeatedly blocked members of the House of Representatives from gaining access to information, disputing the claim that there is “House oversight” of the NSA program.
The Guardian asks the question I have about the much-publicized U.S. Embassy closings: what the chances this isn’t a prop to drum up support for NSA surveillance?
From the world of finance, John Maudlin asks “Can it get any better than this?” In other words, how long can the bubble last??