The Cost of NSA Spying On the U.S. Economy Is “Incalculable”

Spying Is Destroying the U.S. Economy

We’ve thoroughly documented that unnecessary spying by the U.S. government is costing the American tech sector many billions of dollars … and the U.S. economy as a whole hundreds of billions of dollars.

Things just got a lot worse …

ZDNet notes today:

China is no longer using high-profile US technology brands for state purchases, amid ongoing revelations about mass surveillance and hacking by the US government.

A new report confirmed key brands, including Cisco, Apple, Intel, and McAfee — among others — have been dropped from the Chinese government’s list of authorized brands, a Reuters report said Wednesday.

***

Some reports have attempted to pin a multi-billion dollar figure on the impact of the leaks.

In reality, the figure could be incalculable.

The report confirms what many US technology companies have been saying for the past year: the activities by the NSA are harming their businesses in crucial growth markets, including China.

Mass spying is making a handful of insiders rich … but everyone else is getting poorer.

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  • kimyo

    either:
    1) steve jobs and bill gates knew that the nsa had full access to every single i-phone or osx/windows machine.
    2) they didn’t.

    in the latter case, both are incompetent.

    if it’s the former (which do you think is more likely?) then isn’t it time to re-cast their public personas?
    ie: find ‘tech geniuses’ replace ‘most unpatriotic americans ever’.

    ps: imagine if they hadn’t conspired to keep worker pay low. tens of thousands of the best and brightest minds would have had enough f-u money to retire young and start hundreds of thousands of actual techno-whiz firms, rather than laboring for years to give us windows 8 or yet another copy of ms office with 10,000 additional features no one will ever use. or an ever-so-slightly larger or smaller overpriced plastic spying device built by slaves in china.

    • mewho

      And, in a strange twist of events that fugly rotten scum bag, Eric Schmidt, has called the backing of net neutrality “a mistake.” Appearently once these integrity challenged asshats corner the market ideas about “free market” are worth a damn. The free market strangled it self and the creativity that could have been never got to see the light of day.

  • mewho

    It’s like screwing up the US couldn’t have been done better if someone was actually trying to cause it!

    • Tom Welsh

      I’m afraid you have confused yourself by reifying “the USA”. Actually, there is no such thing in concrete terms – it’s just an idea, an abstraction. In reality, the USA contains a lot of people, a few of whom have found very effective ways of enriching themselves hugely at the expense of the rest (and of course the rest of the world). Far too many of the 99%, unfortunately, still nourish the pathetic belief that one day they too will strike it rich and be able to live high on the hog (as seen on TV). As George Carlin pointed out, “The reason they call it the American Dream is because you have to be asleep to believe it”.

  • Who’s Behind the Mall Terror Threats?
    http://winteractionables.com/?p=18738

  • james

    What I find amazing is that our government has been engaged in exactly the activity that they have accused our “enemies” of for years – and the NSA folks seem to have no conscience about breaking the law on a massive scale and as a result killing the economy.

    They are literally stealing jobs from their fellow citizens; stealing food from their children’s mouths; stealing the very essence of what our country stands for. Did they not stand and say the pledge of allegiance when they were in school? Apparently not…

    The war on terror is lost. The terrorists are among us. They are us. Those who claim to be fighting terrorists are the most effective economic terrorists the earth has ever seen. They are like ant drones bringing back poison that kills the colony.

    If you work for them – CIA, NSA or are a contractor for them, I urge you to stop what you are doing – think about what you are doing and why. Do you really stand for what you are doing? I would really love to hear from one of them who legitimately thinks that they are working on stopping terrorism, rather than committing treasonous crimes for someone’s political or economic gain…

  • JosephConrad

    AMERICANS ARE STUPID & COWARDLY. They think if they work with WHITE WEALTHY ‘MASSA’ THEY’LL GET RICH. And they’re too STUPID TO SEE THAT WILL NEVER HAPPEN! So, pop that full CLIP IN TH GLOCK & GO GET THE THIEVING, LYING THUGS PLUNDERING THIS NATION LIKE TH HUNS DID ROME!