Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
THEY DON'T RING THE BELL AT THE CRPTO MARKET TOP! - 20th Dec 24
CEREBUS IPO NVIDIA KILLER? - 18th Dec 24
Nvidia Stock 5X to 30X - 18th Dec 24
LRCX Stock Split - 18th Dec 24
Stock Market Expected Trend Forecast - 18th Dec 24
Silver’s Evolving Market: Bright Prospects and Lingering Challenges - 18th Dec 24
Extreme Levels of Work-for-Gold Ratio - 18th Dec 24
Tesla $460, Bitcoin $107k, S&P 6080 - The Pump Continues! - 16th Dec 24
Stock Market Risk to the Upside! S&P 7000 Forecast 2025 - 15th Dec 24
Stock Market 2025 Mid Decade Year - 15th Dec 24
Sheffield Christmas Market 2024 Is a Building Site - 15th Dec 24
Got Copper or Gold Miners? Watch Out - 15th Dec 24
Republican vs Democrat Presidents and the Stock Market - 13th Dec 24
Stock Market Up 8 Out of First 9 months - 13th Dec 24
What Does a Strong Sept Mean for the Stock Market? - 13th Dec 24
Is Trump the Most Pro-Stock Market President Ever? - 13th Dec 24
Interest Rates, Unemployment and the SPX - 13th Dec 24
Fed Balance Sheet Continues To Decline - 13th Dec 24
Trump Stocks and Crypto Mania 2025 Incoming as Bitcoin Breaks Above $100k - 8th Dec 24
Gold Price Multiple Confirmations - Are You Ready? - 8th Dec 24
Gold Price Monster Upleg Lives - 8th Dec 24
Stock & Crypto Markets Going into December 2024 - 2nd Dec 24
US Presidential Election Year Stock Market Seasonal Trend - 29th Nov 24
Who controls the past controls the future: who controls the present controls the past - 29th Nov 24
Gold After Trump Wins - 29th Nov 24
The AI Stocks, Housing, Inflation and Bitcoin Crypto Mega-trends - 27th Nov 24
Gold Price Ahead of the Thanksgiving Weekend - 27th Nov 24
Bitcoin Gravy Train Trend Forecast to June 2025 - 24th Nov 24
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

You Can’t Hide From These Spying Eyes

Politics / Intelligence Agencies Jun 28, 2013 - 01:14 PM GMT

By: Walter_Brasch

Politics

The media have been playing “cops and robbers,” trying to track down the location of Edward Snowden, who had fled to Hong Kong and said the U.S. was spying on its citizens.

The citizens are scared and paranoid; visions of Big Brother are peering into their lives.

But, the government’s knowledge of the lives of individuals is little more than the equivalent to a children’s coloring book compared to the library that private companies have on everyone.


Doubt that? Just open your mail any day; chances are good you’ll have more junk mail—the corporations prefer to call it “direct mail”—than anything else. Check your email; if you’re not being spammed hourly, you are probably one of the few people in the U.S. who is living in an underground bomb shelter with no access to the outside world.

And don’t complain. You caused this.

Americans routinely fill out myriad forms that ask all kinds of personal information. Buy an appliance—or just about anything—and some database company learns not just the name, address, and where and when the customer bought that item, but also family income, what pets the family has, and the family’s hobbies. Some “warranty” cards ask more than five dozen questions, the data coded and stored on computers accessible by junk mail advertisers.

Although the data helps companies notify customers about product re-calls or new products, most Americans don’t know they aren’t required to fill out the cards to get warranty protection.

Answer your telephone and respond to someone who claims to be from a “marketing survey company,” and dozens of offers will soon be yours to explore.

The marketing departments of the mass media use databases not only to identify potential subscribers, but also to identify the demographics of their own readers and viewers to potential advertisers.

The first thing scanned at registers in most supermarkets, department stores, discount stores, drug stores, and chain stores of all kinds is the bar-coded membership card that alerts a computer to record and analyze inventory, and track each purchase a customer makes. These cards lure customers to believe they are getting special deals in exchange for giving up their privacy. At its best, it may mean special coupons from manufacturers. At its worst, it means the store sells the data to a health insurance company that raises rates because it determines the customer bought too many bags of potato chips.

With the ubiquitous use of computers, every person who ever bought anything online, or even searched for anything online—product or information—can now be identified, their web addresses stored for use in target marketing campaigns.

Microtargeting, essentially vacuuming every piece of data about every person, is what allows corporations, marketing departments, and sales people to find specific groups of people to add to direct mail and telemarketing campaigns.

If my publisher wished to target audiences for my current book, Fracking Pennsylvania, she might first get a direct mail list of all environmentalists. Then a sub-set of environmentalists in Pennsylvania. Perhaps, she might also want a tighter list, so she asks for Pennsylvania environmentalists who have purchased at least five books in the past year. She could ask the direct marketing company to drill down even further and get those in select ZIP codes who have a certain income range and are members of certain societies. I suppose it’s possible to target Pennsylvania environmentalists who live in the Marcellus Shale who bought at least five books last year, have a college degree and incomes above $45,000, and drive red convertibles on Sundays. A list of all Pennsylvanians might be a few cents a name; a highly targeted list could be $1 a name.

Certain groups won’t sell their membership lists; others, including most U.S. colleges, are all too happy to get a few hundred dollars by supplying names and demographic details to the marketing companies.

The Republicans, using a program they labeled Voter Vault, mastered the use of the technology to give them the tools they needed to reach donors and score decisive “get out the vote” strategies in 2002 and 2004 elections. So sophisticated had been the program that they could individually pitch every household with a message crafted to that family. “They came into Democratic areas with very specific targeted messages to take Democratic voters away from us,” said Terrence R. McAuliffe, Democratic National Committee chairman in 2004. Although both parties used database and data mining technology, the Republicans, said McAuliffe, “were much more sophisticated in their message delivery.”

By 2006, having lost two consecutive presidential elections and having been the minority party for a decade, the Democrats caught up, creating first DataMart and then Data Warehouse. “From an institutional standpoint, this is one of the most important things the DNC can and should do,” Karen Finney, DNC communications director, told the Washington Post. The cost to create Data Warehouse was expected to be about $10 million.

By the 2008 election, all candidates for presidential office had developed and used databases, with the staff of Barack Obama having the greatest technological skill not only to use social media to get its message to the people, but also to be able to specifically target even the narrowest demographics with specific messages.

Legally, anyone can obtain voluminous data about anyone who has ever registered to vote, owned property, sued, been sued, arrested, served in the military, been married or divorced, licensed by any governmental agency, or even attended a public school. The databases are what help reporters develop stories, some exposing corrupt governmental and business practices.

Almost every American consumer now has a Fair Isaac score. The scores are based upon dozens of reports about a person’s credit history, and are available to Equifax, Experian, and Trans-Union, the three major credit reporting companies. FICO reports that 90 percent of the largest U.S. banks use the Fair Isaac scores. About three-fourth of credit reports contain errors, with about one-fourth of all credit reports containing significant errors that could result in denial of credit, according to the California Public Interest Research Group.

If you’re using any social medium or search engine—Facebook, Twitter, Linked-In, Google, Pinterest, or anything that is composed not of carbon atoms but bits and bytes—you have been identified.

The Fair Credit Reporting Act requires businesses to inform individuals why they are denied credit, and be given the opportunity to respond and correct errors on the databases that determine scores.

Unfortunately, the one major downside to the government’s surveillance—there is no such protection for individuals whose incorrect information is on federal databases.

[Dr. Brasch’s current book is Fracking Pennsylvania, which looks at the impact of fracking upon public health, worker safety, the environment, and agriculture. The book--available at local bookstores and amazon. com--also looks at the financial collusion between politicians and Big Energy.]

By Walter M Brasch PhD
http://www.walterbrasch.com

Copyright 2013 Walter M Brasch

Walter Brasch is a university journalism professor, syndicated columnist, and author of 17 books. His current books are America's Unpatriotic Acts , The Federal Response to Hurricane Katrina , and Sex and the Single Beer Can: Probing the Media and American Culture . All are available through amazon.com, bn.com, or other bookstores. You may contact Dr. Brasch at walterbrasch@gmail.com

Walter Brasch Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in