Tuesday, April 23, 2013
Thursday, April 18, 2013
Merkel Needs Opposition Party Votes to Pass Cyprus Bailout
Germany approved the Cyprus bailout on Thursday as expected. However, Merkel required votes from the SPD and Green Party, to do so.
One might not understand the implications when reading the Wall Street Journal report Germany Approves Cyprus Bailout.
Germany’s parliament on Thursday voted in favor of aid for troubled Cyprus by a large majority, giving Chancellor Angela Merkel’s euro-crisis policies broad backing in the face of opposition criticism ahead of fall elections.Despite a federal election in Germany just five months away, the ruling coalition led by Ms. Merkel succeeded in convincing coalition lawmakers and the main opposition parties—the Social Democrats and Greens—that the negotiated deal serves German interests, and a rejection would rattle the euro zone and lead to a Cypriot bankruptcy.
“Germany got what it wanted from the bailout,” said Christian Schulz, senior economist at Berenberg Bank.
What vs. How
Merkel may have gotten “what” she wanted. I rather doubt she got it “how” she wanted. Reader Bernd from Germany explains …
“The falling apart of CDU/ CSU and FDP coalition is beginning to show in all seriousness now. If Bundestag needs to vote one more time before the federal elections (i.e. on Slovenia, Spain, France), the Government might not make it.”
Mike “Mish” Shedlock
http://globaleconomicanalysis.blogspot.com
Mish’s Global Economic Trend Analysis
Merkel Needs Opposition Party Votes to Pass Cyprus Bailout
Wednesday, April 17, 2013
Background Check Amendment Fails To Pass Senate, Gun Control In Tatters: Obama To Make Statement
Following a full court press by the Obama administration, and specifically gun tzar Joe Biden, to legislate “stronger” gun law in the last several months ever since the Sandy Hook massacre, the initiative may have just suffered a terminal defeat following a failure to even pass a bipartisan background check amendment in the democrat-controlled Senate. CBS reports that “In a major setback for gun control advocates, the Senate Wednesday voted down a key amendment to the embattled Democratic gun bill, signaling the increasingly dim prospects of any meaningful legislative action aimed at strengthening America’s gun laws. The bipartisan Manchin-Toomey amendment, a background check expansion devised by Sens. Joe Manchin, D-W.Va., Pat Toomey, R-Pa., and a handful of other lawmakers, earned only 54 votes, falling six votes short of the 60-vote threshold. Vice President Joe Biden, who led the Obama administration’s months-long lobbying effort on behalf of stronger gun laws, presided over the vote.”
The vote effectively kills any hope for a comprehensive law, and makes a mockery of Obama’s recent aggressive anti-gun initiative:
The failure of the Manchin-Toomey amendment, which was crafted over weeks of negotiation with the aim of attracting Republican support in both the Senate and, eventually, the House, could serve as the death knell for the larger piece of legislation, though it’s possible Reid will bring new amendments to the floor at a later date.
In the hours before the vote, Organizing for Action, an advocacy group that works on behalf of the president’s legislative agenda, urged voters to call their senators in support of expanded background checks. The Democratic National Committee (DNC) sent out similar emails, specifically targeting a group of Republican senators who had at one point appeared amenable to the Manchin-Toomey language. Meanwhile, a pro-gun group that had previously backed the ban pulled its support.
In the end, four Republicans voted in favor the Manchin-Toomey amendment, and four Democrats voted against it, excluding Senate Majority Leader Harry Reid, D-Nev., who switched his vote from yea to nay for procedural reasons.
Sen. John McCain, R-Ariz., one of those who broke with the GOP ranks, delivered a vehement defense of the bipartisan amendment in debate over the bill, and disputed the argument, touted by his fellow Republicans, that it would strip Americans of their Second Amendment rights.
“For over three decades in Congress, I have built as strong a record as anyone in this body in defending the Second Amendment. I have consistently opposed the efforts of anti-gun activists to ban guns and ammunition, staunchly defending the Constitutional rights that Arizonans hold dear,” McCain said, continuing with a list citing his pro-gun credentials. But, he added, “Just as I have long defended the Second Amendment to the Constitution, I have also long believed that it is perfectly reasonable to use available tools to conduct limited background checks, as this amendment prescribes, to help ensure that felons and the mentally-ill do not obtain guns they should not possess.”
“In my view, such background checks are not overly burdensome or unconstitutional,” McCain said.
Obama will take the podium at 5:30 pm to speak about “commonsense measures to reduce gun violence” and justify this latest disappointment of an administration which should count its lucky stars, it has the labor force participation rate to fudge the unemployment rate with, and the Fed to ramp stocks higher, or else living in America today would be a very different thing if the full ugliness of reality was exposed for all to see.
Monday, April 8, 2013
Supporters Say All The Wrong Things to Try and Pass CISPA
Ever since reintroducing CISPA, the so-called “cybersecurity bill,” its supporters promote the bill with craftily worded or just plain misleading claims.
By Mark M. Jaycox
EFF
April 9, 2013
Such claims have been lobbed over and over again in op-eds, at hearings, and in press materials. One “fact sheet” by Rep. Rogers and Ruppersberger titled “Myth v. Fact” is so dubious that we felt we had to comment. To stop this type of misinformation—and to stop CISPA—we urge you to tell your members of Congress to stand up for privacy.
Here are some of the statements supporters of CISPA are pushing and why they’re false:
Supporters of CISPA say, “There are no broad definitions”
Supporters are keen to note that the bill doesn’t have broad definitions. In the “Myth v. Fact” sheet, the authors of CISPA specifically point to the definition of “cyber threat information.” Cyber threat information is information about an online threat that companies can share with each other and with any government agency—including the NSA. In hearings, experts have said that they don’t need to share personally identifiable information to combat threats. But the definition in the bill allows for any information related to a perceived threat or vulnerability—including sensitive personal information—to be shared. Cyber threat information should be a narrowly defined term.
Another example of a broad (or missing) definition is the term “cybersecurity system.” Companies can use a “cybersecurity system” to “identify or obtain” information about a potential threat (“cyber threat information”). The definition is critical to understanding the bill, but is circular. CISPA defines a “cybersecurity system” as “a system designed or employed” for a cybersecurity purpose (i.e. to protect against vulnerabilities or threats). The language is not limited to network security software or intrusion detection systems, and is so broadly written that one wonders if a “system” involving a tangible item—e.g., locks on doors—could be considered a “cybersecurity system.” In practical terms, it’s unclear what is exactly covered by such a “system,” because the word “system” is never defined.
The best example of a dangerous undefined term in the bill is found within the overly broad legal immunity for companies. The clause grants a company who acts in “good faith” immunity for “any decisions made” based off of the information it learns from the government or other companies. Does this cover decisions to violate other laws, like computer crime laws? Or privacy laws intended to protect users? Companies should not be given carte blanche immunity to violate long-standing computer crime and privacy law. And it is notoriously hard to prove that a company acted in bad faith, in the few circumstances where you would actually find out your privacy had been violated.
Supporters of CISPA say, “The bill is not a government surveillance program”
Supporters are adamant CISPA doesn’t create a wide-ranging “government surveillance program.” It’s true the bill doesn’t create such a surveillance program like the one described in the ongoing warrantless wiretapping lawsuits.
But the trick here is what is meant by “government surveillance.” We think that if the bill aims at having our information flow to the government, it’s tantamount to government surveillance, whether or not the government initially collected the information.
The bill creates a loophole in the privacy laws that prevented companies from disclosing your information to the government and gives companies broad legal immunity for sharing information with the government. As a result, CISPA makes it more likely that companies will surveil their own users and then disclose that information. The sly wording dodges the key issue: that CISPA encourages companies to conduct surveillance on their networks and hand “cyber threat information” to the government. In short, the bill encourages a de facto private spying regime, with the same end result.
Supporters of CISPA say, “The government can’t read your private email”
Reps. Rogers and Ruppersberger are adamant CISPA doesn’t grant the government access to read private emails. The claim was recently repeated by James Lewis, a fellow at the Center for Strategic and International Studies. But the broad definitions do allow for personal information to be gathered by companies and then sent to the government without any mandatory minimization of personal information. And under the vague definitions an aggressive company could claim that private messages are related to the threat, obtain them, and share then with the government. If Reps. Rogers and Ruppersberger did want content of emails disclosed under CISPA, it would be easy enough to exclude them explicitly.
Supporters say, “CISPA follows advice from privacy and civil liberty advocates”
In his introduction of the bill, Rep. Rogers assured the audience that he has listened to the privacy and civil liberties community.
This year’s CISPA does contain some language added after privacy and civil liberties advocates complained in 2012. But those changes didn’t address some big issues that were raised last year, and this year’s privacy and civil liberties complaints about CISPA remain unaddressed.
Let’s Stop CISPA
Reps. Rogers and Ruppersberger are on a strong publicity offensive to make sure the bill passes. The American public deserves full explanations and clear meanings about what CISPA can do and the extent to which it can do it. The public doesn’t need carefully worded messaging materials that obfuscate and mislead a discussion on CISPA. The issues at stake—like the broad legal immunity and new spying powers that allow for companies to collect private, and sensitive, user information—are too serious.
Intellihub.com
Supporters Say All The Wrong Things to Try and Pass CISPA
Supporters Say All The Wrong Things to Try and Pass CISPA
Ever since reintroducing CISPA, the so-called “cybersecurity bill,” its supporters promote the bill with craftily worded or just plain misleading claims.
By Mark M. Jaycox
EFF
April 9, 2013
Such claims have been lobbed over and over again in op-eds, at hearings, and in press materials. One “fact sheet” by Rep. Rogers and Ruppersberger titled “Myth v. Fact” is so dubious that we felt we had to comment. To stop this type of misinformation—and to stop CISPA—we urge you to tell your members of Congress to stand up for privacy.
Here are some of the statements supporters of CISPA are pushing and why they’re false:
Supporters of CISPA say, “There are no broad definitions”
Supporters are keen to note that the bill doesn’t have broad definitions. In the “Myth v. Fact” sheet, the authors of CISPA specifically point to the definition of “cyber threat information.” Cyber threat information is information about an online threat that companies can share with each other and with any government agency—including the NSA. In hearings, experts have said that they don’t need to share personally identifiable information to combat threats. But the definition in the bill allows for any information related to a perceived threat or vulnerability—including sensitive personal information—to be shared. Cyber threat information should be a narrowly defined term.
Another example of a broad (or missing) definition is the term “cybersecurity system.” Companies can use a “cybersecurity system” to “identify or obtain” information about a potential threat (“cyber threat information”). The definition is critical to understanding the bill, but is circular. CISPA defines a “cybersecurity system” as “a system designed or employed” for a cybersecurity purpose (i.e. to protect against vulnerabilities or threats). The language is not limited to network security software or intrusion detection systems, and is so broadly written that one wonders if a “system” involving a tangible item—e.g., locks on doors—could be considered a “cybersecurity system.” In practical terms, it’s unclear what is exactly covered by such a “system,” because the word “system” is never defined.
The best example of a dangerous undefined term in the bill is found within the overly broad legal immunity for companies. The clause grants a company who acts in “good faith” immunity for “any decisions made” based off of the information it learns from the government or other companies. Does this cover decisions to violate other laws, like computer crime laws? Or privacy laws intended to protect users? Companies should not be given carte blanche immunity to violate long-standing computer crime and privacy law. And it is notoriously hard to prove that a company acted in bad faith, in the few circumstances where you would actually find out your privacy had been violated.
Supporters of CISPA say, “The bill is not a government surveillance program”
Supporters are adamant CISPA doesn’t create a wide-ranging “government surveillance program.” It’s true the bill doesn’t create such a surveillance program like the one described in the ongoing warrantless wiretapping lawsuits.
But the trick here is what is meant by “government surveillance.” We think that if the bill aims at having our information flow to the government, it’s tantamount to government surveillance, whether or not the government initially collected the information.
The bill creates a loophole in the privacy laws that prevented companies from disclosing your information to the government and gives companies broad legal immunity for sharing information with the government. As a result, CISPA makes it more likely that companies will surveil their own users and then disclose that information. The sly wording dodges the key issue: that CISPA encourages companies to conduct surveillance on their networks and hand “cyber threat information” to the government. In short, the bill encourages a de facto private spying regime, with the same end result.
Supporters of CISPA say, “The government can’t read your private email”
Reps. Rogers and Ruppersberger are adamant CISPA doesn’t grant the government access to read private emails. The claim was recently repeated by James Lewis, a fellow at the Center for Strategic and International Studies. But the broad definitions do allow for personal information to be gathered by companies and then sent to the government without any mandatory minimization of personal information. And under the vague definitions an aggressive company could claim that private messages are related to the threat, obtain them, and share then with the government. If Reps. Rogers and Ruppersberger did want content of emails disclosed under CISPA, it would be easy enough to exclude them explicitly.
Supporters say, “CISPA follows advice from privacy and civil liberty advocates”
In his introduction of the bill, Rep. Rogers assured the audience that he has listened to the privacy and civil liberties community.
This year’s CISPA does contain some language added after privacy and civil liberties advocates complained in 2012. But those changes didn’t address some big issues that were raised last year, and this year’s privacy and civil liberties complaints about CISPA remain unaddressed.
Let’s Stop CISPA
Reps. Rogers and Ruppersberger are on a strong publicity offensive to make sure the bill passes. The American public deserves full explanations and clear meanings about what CISPA can do and the extent to which it can do it. The public doesn’t need carefully worded messaging materials that obfuscate and mislead a discussion on CISPA. The issues at stake—like the broad legal immunity and new spying powers that allow for companies to collect private, and sensitive, user information—are too serious.
Intellihub.com
Supporters Say All The Wrong Things to Try and Pass CISPA