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Pull a SWIFT One
- Text size
Marla Singer
Zero Hedge
November 27, 2009
Normally, discussion of the “Surveillance State” touches on Zero Hedge’s core focus (finance) only tangentially. But every once in a while something significant bounces us radar returns in this sector. This definitely qualifies:
SWIFT is now moving all its data centers outside the EU and the US, to Switzerland. In order to continue allowing the US authorities accessing all banking data a high level agreement between the EU and the USA is currently being negotiated. It is likely to be agreed on in the EU council of minister meeting next Monday, 30 November 2009.
- A d v e r t i s e m e n t
For the uninitiated, the Society for Worldwide Interbank Financial Telecommunication (”SWIFT”) is…
…a member-owned cooperative through which the financial world conducts its business operations with speed, certainty and confidence. Over 8,300 banking organisations, securities institutions and corporate customers in more than 208 countries trust us every day to exchange millions of standardised financial messages.1
Given the backbone nature of the SWIFT network, it was the natural home for the (eventually scandalous) Terrorist Finance Tracking Program, in no small part part of the large rift that grew between the most recent Bush administration and Europe. Brusselsblogger explains:
The move of SWIFT the data server to Switzerland would be an excellent opportunity to stop the nearly unlimited access of US authorities on EU bank transactions. But EU justice and interior minister are apparently keen agree a deal as soon as possible, on 30 November. Why 30 November? Because one day later, on 1 December 2009, the EU’s Lisbon Treaty will be in force and would allow the European Parliament to play a major role in the negotiations of the deal with the USA. A deal one day before will be a slap in the face of democracy in the EU.
SWIFT handles 15 mio bank transactions daily for more than 9000 banks worldwide. Nearly every transnational bank transaction within the EU is recorded in the SWIFT data centers, including amount, sender, recipient, and transaction comments. The agreement will even allow to transmit “other personal data”.
This will allow US authorities to establish a huge data mining database, allowing to query [sic] every substantial business link within the EU. No question that the United States will never admit that openly.
Interestingly, the agreement is not bilateral. The EU enjoys no reciprocity in data sharing. For the United States here it is all take and no give. In its role as the latest American lapdog, Switzerland is unlikely to hinder the New Moon-like U.S. thirst for the financial lives of others (like tax evadersterrorists, for instance). Nice work if you can get it.
Read the whole Dysonesque suction improvement agreement (no clogged filters!) here.
1. http://www.swift.com/about_swift/company_information/index.page?lang=en
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November 27th, 2009 at 1:37 pm
Big brother.
hjio Reply:
November 27th, 2009 at 2:06 pm
White devils NOT big brother!!!
White satanic BEAST!!!
Whites are making war with humanity!!!!
canuck rage Reply:
November 27th, 2009 at 3:27 pm
what do you suggest we do about this?
blanco Reply:
November 27th, 2009 at 3:31 pm
are you white?
Joe Doe Reply:
November 28th, 2009 at 7:27 am
Are you a racist?
ggh Reply:
November 29th, 2009 at 12:14 am
Yep, I’m much whiter than Obama – AND I BRING YOU TRUTH!!!!
White people are the MANifestation of evil!!!
DON’T TRUST WHITE PEOPLE!!! THEY ARE THE CHILDREN OF SATAN!!!!
They are going to KILL you and HUMANITY!!!!!
White devils don’t belong anywhere on the planet – they are the children of Satan – their father!!! They belong in hell!!!!
Liars, Deceivers, Murderers!!!
Chad, American Reply:
November 27th, 2009 at 3:36 pm
Infowars needs to clean up their comments section, honestly, nothing but people who really should be genocided seem to post…
They always have dumbass comments that provide nothing and generally are blatantly off-topic. It’s f---ing pathetic. The worst part is that I can guarantee that most, if not all, of those dumbass comments are by Americans who want to “take back their country” or some other bulls--- yet can’t even master the apostrophe.
Sure it’s seems like nitpicking, but, in reality, it isn’t. How you present yourself on an anonymous forum completely revolves around grammar and wording. If you really can’t figure that out, it’s clear your intelligence is low enough that you’d fall for some stupid NWO scenario if given the correct bait. So, in reality, these people who spam these boards, the ones who peddle nonsense and consistently claim unverified conspiracy theories, (not like AJ’s, which are actually true and verified) are really damaging the movement far more than any NWO bitch ever could.
Thanks alot dumbasses, you’ve effectively ruined a good movement because you can’t represent yourselves correctly or intelligently, both on here, and probably in real life as well.
apeacefulpresence Reply:
November 27th, 2009 at 4:33 pm
1) Wanting to genocide people is no better than the NWO. Be careful. The division between “good” and “bad” is what allows NWO-type people to justify horrible actions–like genocide. This is what’s ref
Pedro Gonzales Reply:
November 28th, 2009 at 12:26 pm
“NWO” EL MUCHO CA CA DOO DOO….. NO BUENO…. DUEY EY STAVA
apeacefulpresence Reply:
November 27th, 2009 at 4:37 pm
1) Wanting to genocide people is no better than the NWO. Be careful. The division between “good” and “bad” is what allows NWO-type people to justify horrible actions–like genocide. This is what’s referred to as psychological “projection.” We project what we hate in ourselves onto other people, so that we can label, kill, or silence them. This is an ego trick. The real battle is with ourselves.
2) If you can identify a problem, then please offer a constructive solution. Perhaps, you could leave posts with web addresses for instructive websites that discuss proper grammatical usage. The Owl at Purdue University comes to mind.
3) There are other websites (like elitistjerks.com, a gaming website) that do regularly enforce grammatical rules. A policy like that has actually improved their standing in the gaming community they serve (World of Warcraft). A policy like that could improve the quality of discussion here.
Peace.
Chad, American Reply:
November 28th, 2009 at 12:13 am
Granted, genocide is never a good thing. But I will answer #1 (the other ones aren’t really answerable, I do completely understand you though, so just know I’m not dodging those comments) with a question; have you ever been to Wal-mart, say in the South, although most places in America are known for this…I go there. You know what I see? I see fat, ugly, and disgusting excuses for humans walking or motoring around the store. Sure, they are, for the most part, friendly stupid, but this does not justify their pathetic existence.
I’m not agreeing with anything other than getting rid of the fat, dense, idiots that populate these (and other) stores.
And why the hell is it that the I get an actually intelligent reply lol, I’m trying to make a point. Ahh, well, just scroll down two spaces and readers will see what I mean.
Pedro Gonzales Reply:
November 28th, 2009 at 12:28 pm
“NWO” EL MUCHO CA CA DOO DOO…. NO BUENO…. DUEY EY STAVA…….
Coyote Reply:
November 28th, 2009 at 11:01 am
Couldn’t have said it any better myself except for “apostrophe”. What the heck does that mean.
killerbr549 Reply:
November 28th, 2009 at 9:05 am
98% of all cadillac owners say them white people sure make some sharp cars!
jade Reply:
November 28th, 2009 at 7:05 pm
you got that right, at least we have something to be proud of
jade Reply:
November 28th, 2009 at 7:03 pm
hjio
you are a pathetic excuse for an AMERICAN! You keep bashing whites how about your own race, whatever that may be. Maybe you are not a true AMERICAN?
Kim American Reply:
November 29th, 2009 at 12:51 am
all over the place.
Troll.
This black man that knows knows the Truth.
atlah.org
November 27th, 2009 at 1:45 pm
How can they still launder dug money when they said that dealing drugs is terrorism? It is just a new selective enforcement agency.
November 27th, 2009 at 1:46 pm
Every step you make, every breath you take….. I’ll be watching you
ggh Reply:
November 29th, 2009 at 12:15 am
White people are the manifestation of evil!!!
DON’T TRUST WHITE PEOPLE!!! THEY ARE THE CHILDREN OF SATAN!!!!
They are going to KILL you and HUMANITY!!!!!
White devils don’t belong anywhere on the planet – they are the children of Satan – their father!!! They belong in hell!!!!
Liars, Deceivers, Murderers!!!
November 27th, 2009 at 1:48 pm
everyone YOU MUST check this video http://www.youtube.com/watch?v=MjWdzuTBmdI …… then research william cooper! you owe it to your country! PLEASE DO IT!!……PLEASE
canuck rage Reply:
November 27th, 2009 at 3:27 pm
spammer alert
November 27th, 2009 at 1:49 pm
The EU is an extremely corrupt establishment.
Chad, American Reply:
November 27th, 2009 at 3:38 pm
True that.
November 27th, 2009 at 1:52 pm
Nano-sized covalant silver hydrosols for those Europeans left out. See Bionaid at http://www.bionaid.eu, tri-oxysilver solution, covalant bond, superior to colloidal silver products. Also available Zeoheal, advanced zeolite de-tox formula.Thx
srp511 Reply:
November 28th, 2009 at 7:38 am
make you own colloidal silver, easy and cost effective for more info try you tube >dr. Bob beck or google it. Also I don’t care if you can spell or know where to put an apostrophe if you are an american I’ll stand beside you
November 27th, 2009 at 1:54 pm
maybe if people post images of cameras all over their towns people will start to notice the real ones and actually realize whats going on. I’ve stenciled a few up here and there
November 27th, 2009 at 2:56 pm
No to the Copenhagen Treaty that Obama will sign on Dec 7. Call, email and fax the White House.
EMERGENCY!!!!!!!!!!!
ANTI-ESCALATION RALLY
Saturday, Dec. 12, 2009 • 11am-4pm • Washington DC
Lafayette Square | White House
Metro: Farragut West or Farragut North
Stop the Obama-Pelosi-Reid Escalation of the Afghan War!
Stop the Treaty of Copenhagen that will set up a New World Economic/Religious Order.
Every citizen needs to bring their literature, DVDs, CDs, and reach out to these protestors that are fighting the New Word Economic/Religious Order.
There were 1.7 million people at the last protest. Where were you???????
Call, email and fax the White House.
Silence is Consent http://www.enduswars.org/
November 27th, 2009 at 3:11 pm
Yes- defeat Copenhagen and we can avoid 100% financial tyranny!!! Freedom is in peril: Defend it with all your might!
PAINTING IN THE NEW WORLD ORDER
http://www.youtube.com/watch?v=EBfHFJPKpiM
November 27th, 2009 at 10:34 pm
IF THE BEAST IS WHITE hmmm THEN THAT MAKE’S JESUS WHITE ,IF YOU TRULY LOVE THE LORD? GOD WILL SORT OUT THE BEAST, IN THE PITS OF HELL: GOD BLESS THE SAINTS
AND THOSE FIGHTING THE ————N. W. O………..
November 27th, 2009 at 10:49 pm
I’m for life. Get a life in Jesus Christ!
November 28th, 2009 at 2:42 am
What you going to do people come tuesday when Obama signs that Treaty. You think this is a win coming in this late. a win at this point would be if you was one able enough to pull the pen out of Obama’s hand before he signs away our freedoms. Sorry folks but we lost again and will continue on this same path so long as we stay on the same trail. Sit back, piss and moan and do nothing other keeps us on this trail like the donkeys we are. Soon we who make it will have the elite survival pack on each our backs whlie at the same time starving for their survival. What a pack of Jackasses we let made of ourselves. Shame but so be it !!!
Kim American Reply:
November 29th, 2009 at 12:57 am
What?
War for Our Minds.
B.O. is not valid.
Anything he does is not valid.
Can’t lead if no one follows.
WE choose. FREE or SLAVE?
atlah.org
November 28th, 2009 at 12:48 pm
The government LOVES and ENCOURAGES racism to divert us. Why are there racist posts on this board??
Is it coming from government shrills? It’s really asinine and irritating. The UN is not a white only organization and they are hell bent on the destruction of all colors and races so you can kindly pull your head out of your ass now, racist (government?) commentators.
Kim American Reply:
November 29th, 2009 at 12:59 am
Agreed.
I Bet.
Paid For.
What a Sell Out!
November 28th, 2009 at 6:58 pm
buy gold and silver. Bury in back yard.
November 29th, 2009 at 12:16 am
White people are the manifestation of evil!!!
DON’T TRUST WHITE PEOPLE!!! THEY ARE THE CHILDREN OF SATAN!!!!
They are going to KILL you and HUMANITY!!!!!
White devils don’t belong anywhere on the planet – they are the children of Satan – their father!!! They belong in hell!!!!
Liars, Deceivers, Murderers!!!
Kim American Reply:
November 29th, 2009 at 1:00 am
You wouldn’t know the Truth if it bite you on the a**. Sell Out.
November 29th, 2009 at 8:25 am
THE STORY THAT EVERYONE IS AFRAID TO COVER – THE NEW WORLD ORDER IS A RELIGIOUS NEW WORLD ORDER AND ALL ROADS LEAD TO ROME
http://latintrade.com/2009/07/.....-benedict/
The Anti-Christ (Vatican/Pope) is setting up their New World Religious Order @ Copenhagen.
A New World [Religious] Order?
LT | Jul 10, 2009 | Comments 0
Pope Benedict can add “financial advisor” to his repertoire. The leader of the world’s 1 billion Roman Catholics issued a 144-page encyclical on June 29 that blames the “pernicious effects” of greed and a misplaced desire for technological advancement at any cost, as the reasons for the economic recession gripping the globe.
Entitled Caritas in Veritate (Charity in Truth), it is the first time the Pope has tied economic and social issues together in such a strongly worded text. In it, he called for the formation of an international financial regulatory body or watchdog group “so that the concept of the family of nations can acquire real teeth.”
Pope Benedict wrote, “grave imbalances are produced when economic action, conceived merely as an engine for wealth creation, is detached from political action, conceived as a means for pursuing justice through redistribution.”
Some critics have labeled the encyclical anti-capitalist. But in a press conference after its publication, Stefano Zamagni, a Vatican consultant and professor of political economy at the University of Bologna, defended the Pope’s stance by saying “the market economy is broader than just capitalism.”
.Filed Under: The Scene
Tags: Pope • recession • Vatican
November 30th, 2009 at 9:39 am
The EU has betrayed the interests of its citizens by allowing a foreign entity to have access to all the banking transactions data of the EU citizens.
The EU is undemocratic and totalitarian. The EU parliament is a joke and so is the EU president.
The power lies with the commission and the people behind them. They are traitors.
December 5th, 2009 at 7:25 am
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