ECONOMIC TERRORISM

The US security services allow billions of dollars to be stolen from individuals and credit card companies. Nigerian scammers, Russian mobsters, almost everyone is allowed to defraud Americans with absolutely NO consequences.

The entire world wide economy almost collapsed in 2008 because the feds ignored warnings about the mortgage industry. I believe that the warnings were ignored because each individual mortgage transaction was too small to get the notice of the federal government. However, as we painfully learned, the internet can turn small, relatively unimportant scams into a large scam that can bring down governments.

I am tired of hearing how business and banks are being defrauded by stealing credit cards. I am tired of listening to clients explain how they needed money so badly that they fell for a sophisticated version of the Nigerian email scam. (A large law firm was stung by a check cashing scam.)

The internet has made these small scams into big business.

As we have recently learned, the NSA has the capabilities to track down these international thieves and prove the theft. Since we can not stop the NSA from collecting the data, the NSA might as well use the data to protect the American people from economic terrorism.

Who knows, maybe some of the thieves are buying bombs with their ill gotten gains.