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Federal Reserve To Use Internet For Money Transfer

An anonymous reader writes "According to the New York Post, the Federal Reserve (i.e. Alan Greenspan and Co.) is going to change the way that it transfers money between banks so that transfers now take place over the internet instead of via a private banking network. They aren't specifying the types of security measures that will be used (security through obscurity?) Am I the only one who thinks that this is a very bad idea? Might a DDOS attack on the Fed's computers bring down the entire banking system?" The banks have put some thought into security.

2 of 318 comments (clear)

  1. Re:Possibly. by redfcat76 · · Score: -1, Flamebait

    It doesn't hurt that terroists had been trying to blow up those buildings for 8 years. It seemed obvious to me until the day it happened, at which time I guess I should have speaked up.

    It isn't a hindsite thing that the towers were going to get hit. It was an exercise in obviousness.

    And yes, Clinton shot fireworks at bin Laden. The republican controlled congress mocked him stating he was trying to distract attention from his so importaint blowjob.

    Republicans owe me an apology to this day for that one. Yes the only president to shoot missiles at bin Laden got shut down cause he had a blowjob. You owe me an apology, republicans.
    Bush sure as hell didn't do shit. He appointed
    a Christian Fundamentalist to the cabinet position
    of Attorney General. I.E. BUSH DID SHIT TO PREVENT 9.11. Clinton shot missiles at bin Laden.

    Bush did shit.

    So now we are about to reelect Bush cause he is
    "HARD" on terroism?

    K so the next big terroist attack on American
    soil Bush can win bigger in the polls, after
    the fact?

    Bush FAILED. Kerry may not be worth much,
    but at least he didn't let the biggest
    attack on America ON AMERICA SOIL occur.

    Why are there so many retards out there
    willing to vote for Bush in the next
    presidential election? Easily fooled?
    Have had half the brain removed?

    ???????????

    Yo, it wasn't obvious that Bush was going
    back to Iraq the day he was elected in 2000?
    Obviously, cause I had a lot of people tell
    me I was being absurd for suggesting that.

    WAKE THE FUCK UP

  2. Re:Possibly. by redfcat76 · · Score: -1, Flamebait

    I won't watch Fahrinheit 9/11. Micheael Morre
    is no better than Rush Limbaugh. Both take
    stuff obvious and twist it to suit their own needs.
    Someone tried to make me watch Fahrenheit
    9/11 and I had to leave. What the hell.
    Is there any footage in that movie that is faked?
    Mike Moore takes the obvious and SPINS it
    to make it obvious. ??? I have no use for it,
    and I would pursuade you to not watch it either.
    On the gripping hand, Rush Limbaugh does not
    much better than M.M. any day.

    Hello. Are you honestly willing to tell me
    you are too stupid to comprehend the obvious?
    (I know my previous post was shot down -1 offtopic).

    Rush Limbaugh and Michael Moore take the obvious,
    and spin it to make it obvious.

    No. I need an apology from you Republican for
    making sure every 4th grader needed to know
    and ask their teacher what a blowjob was.
    While our president was shooting missiles
    at bin Laden.

    A blowjob is much more important than al-queada.

    Feel high on yourself asshole. Clinton shot missiles at the terroists. Bush did shit and bragged about his "trifectorite" "New York, Washington D.C., Pennsylvania" which gave
    him so much support.

    Cocksmocker.