Generational Dynamics World View

[Ragnarök_62]

(09-15-2017, 10:28 PM)

Quote: John J. Xenakis Wrote: *** 16-Sep-17 World View -- What you should do about the huge Equifax data breach

This morning's key headlines from GenerationalDynamics.com

• The huge Equifax data breach puts makes many people vulnerable to identity theft
  
• Steps you should consider taking to protect yourself
  
• Equifax and the rise of Generation-X
  
• Release of DOJ memo reveals massive criminal fraud by JP Morgan in financial crisis
  

<snip>

For the protection of your computer, you should make sure that you
have anti-virus and anti-malware software installed, and that it's up
to date.

For protection from identity theft, you might consider getting a
"credit lock" or "credit freeze."  This is a service offered by each
of the three credit reporting agencies, Equifax, TransUnion and
Experian, for about $10 per year each.  Equifax is waiving its fee for
one year, but you'll still have to pay the others.  This service
prevents someone from getting your credit report without your
permission, blocking them from taking out a loan in your name.  It's a
pain in the neck to administer, but you may consider it worth the
trouble.

The following are links to articles that provide additional
information on the above and other steps to protect yourself: Federal Trade Commission and CBS News and NPR and CNBC and Engadget

 

1. I took the credit freeze with all three stooge credit bureaus.  OK, Equifax didn't patch a known Apache but until , uh a lot later than the announcement.  Then a bunch of bungled responses after that. So, are we sure the C suites are all GenXers?  Howsabout outsourcing.  Did Equifax use cheap H1-B replacers of Americans?  I think Neo-liberalism is the main culprit.  All in for because profits. Use money and loans to do stock buybacks, baby.

2.Credit freeze = you are no longer the product for these idiots.  I deserve the right to copyright my identity bits.

Quote:****
**** Equifax and the rise of Generation-X
****

As I wrote above, Equifax obviously didn't really care much about
network security.  In my experience, Gen-Xers ignore warnings about
things like security if the warnings come from a Boomer, of whom many
Gen-Xers are often contemptuous.



Equifax learned about the hack on July 29, but didn't inform the
public for several weeks.  Two days later, on August 1, three Equifax
executives sold $1.8 million worth of shares, allegedly to avoid
losing money from the stock price falling when the breach was made
public.  Equifax claims that they were going to sell the shares
anyway, and didn't know about the breach.

Yes a clusterfuck, but wrt Xer's sources please.



<snip>

Quote:The 2010 article that I wrote was about Citibank, and it proved
mathematically that Citibank must have committed exactly this kind of
criminal fraud.  The memo about JP Morgan shows that the Obama Justice
Department was fully aware of this criminal fraud, and was committed
to using the Justice Department to cover up the criminal fraud in
return for billions of dollars in payments and contributions.

This week there's a lot of stuff coming out about the Obama
administration, such as Susan Rice's illegal unmasking of political
opponents, confirmation that the Lois Lerner's IRS illegally targeted
political opponents.  I'm a pretty cynical person.  I look upon this
as happening because the Obama administration had a Generation-X
culture, with little regard for the law or common sense.  Let's hope
that the Boomer culture of the Trump administration does better.
Vanity Fair

[quote]


I have a different model that explains this without any particular generation.  It goes like this John.
Congress + Potus = money whores and the Johns are Corporate America. Corporate America pays for its "tricks" by donating to Congress + Potus campaigns or weird stuff like Clinton Foundation.  

And... because Citizen's United decision + widespread pandemic of Neoliberal Virus.


Neoliberal Virus.  Recently discovered mutation in the rabies virus. Said virus infects only humans and like its predecessor the rabies virus, it goes to the brain. Instead of death, said virus turns its victims into zombies that walk around saying Ayn Rand is God, all things including allowing nation states being liable for mucking up profits is good policy, #profitsmatter, and stutter "lower taxes, lower regulation" over and over again.






KEYS: Generational Dynamics, Equifax, TransUnion, Experian,
Spear Phishing, Healthcare.gov, Obamacare, Generation-X,
JPMorgan Chase, Jamie Dimon, Citibank

+ money whores,Johns,Corporate America,Neoliberal Virus,rabies,taxes,regulation,NeoLiberalism,#profitsmatter