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Friday June 20, 2008

Bear Stearns’ Knuckleheads & the Future of the Future

Here’s an article addressing the Bear Stearns debauchle and how e-mail played a roll in Cioffi and Tannin’s undoing.

I was talking to my wife about this last night… I can’t believe that these two boneheads were capable enough to leverage the kind of money and power they were privvy to and still manage to lack the common sense to encrypt their emails when discussing private and sensitive matters. As much as this sub-prime blow out should disturb anyone with any interest in the national and world markets, these folks total lack of discretion (not to mention reprehensible ethics and respect for their fellow human beings and clients) should send a signal of clear and approaching fucking catastrophe in the near future.

If Cioffi and Tannin’s complete ignorance about the visibility of e-mail - or complete disregard - is any indication of how many of this world’s top power players conduct themselves electronically it should be clear that those who want the world’s most valuable secrets probably already have them.

As of late we’ve been hammered over the head about China’s electronic espionage, but if you think China exists alone on that frontier you’re nuts. Every world power, every organized crime syndicate, every corporation and public and private body is either involved or about to be involved in this gaping wound of the invisible world we all inhabit, though only few have woken up into.

It’s high time that everyone take the time and interest to understand these silicon based machines which dominate nearly every aspect of our lives and demand that same level of interest and accountability from each person they conduct business and personal affairs with. Continuing to ignore the physics of the invisible world of information will soon prove to be as ill conceived and radioactive as when, back in the day, lunkheads used to make dinnerware from uranium.

Wake up folks, we’s in the future.