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Is Surveillance Damaging the American Economy?

Posted By Washingtons Blog On November 22, 2013 @ 1:30 am In Think Tank,War/Defense | Comments Disabled

Security Expert: “Buy American Doesn’t Sell Well Anymore Because It Means Give A Copy To The NSA”

 

We’ve previously noted that mass surveillance is killing [1] American tech companies [2].

And Cisco just blamed its earnings slump on China’s disdain for NSA spying [3].

Security expert Bruce Schneier succinctly summed up [4] the destruction of the American economy by the NSA’s surveillance yesterday:

Buy American doesn’t sell well anymore because it means give a copy to the NSA.

This is part of a bigger picture … the military-industrial complex [5] (of which the NSA is a part [6]) is killing [7] the private sector economy. And see this [8].


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2013/11/is-surveillance-damaging-the-american-economy/

URLs in this post:

[1] killing: http://www.washingtonsblog.com/2013/07/nsa-spying-directly-harms-internet-companies-silicon-valley-california-and-the-entire-national-economy.html

[2] American tech companies: http://www.washingtonsblog.com/2013/10/giants-fight-back-against-nsa-spying.html

[3] disdain for NSA spying: http://www.ft.com/cms/s/0/445c67ce-4cb1-11e3-958f-00144feabdc0.html

[4] ummed up: http://www.youtube.com/watch?v=8IvBHUV39oE

[5] military-industrial complex: http://www.washingtonsblog.com/2010/01/the-military-industrial-complex-is-ruining-the-economy.html

[6] is a part: http://en.wikipedia.org/wiki/National_Security_Agency

[7] killing: http://www.washingtonsblog.com/2009/11/military-spending-is-increasing-unemployment-and-reducing-economic-growth.html

[8] see this: http://www.washingtonsblog.com/2013/09/attacking-syria-or-iran-would-destroy-the-american-economy.html

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