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China Hacked US Banking Regulator From 2010 Until 2013 - and US Officials Covered It Up: Report (reuters.com)

According to a Congressional report, China's spies hacked into computers at the Federal Deposit Insurance Corporation (FDIC) from 2010 until 2013. The report adds that American government officials tried to cover it up. From a Reuters report: "Even the former Chairwoman's computer had been hacked by a foreign government, likely the Chinese," staff at the U.S. House of Representatives Committee on Science, Space and Technology said in the report. The report was the latest example of how deeply Washington believes that Beijing has penetrated U.S. government computers. But while making the allegation that China was the culprit, the report does not provide specific evidence to support that conclusion.

88 comments

  1. So - by Black+Parrot · · Score: 1

    Is this announcement about cybersecurity, or just a card played in the game of South China Sea?

    --
    Sheesh, evil *and* a jerk. -- Jade
    1. Re:So - by OfficeLackey · · Score: 1

      Card played... ...and I think we've got aces and eights.

    2. Re:So - by MachineShedFred · · Score: 1

      No, this is probably a story telling the world that China knows more about the US banking system and regulatory agency, than anyone inside of the US banking system and regulatory regime.

      --
      Slashdot still doesnâ(TM)t support Unicode after it was added to the HTML standard in 1997.
    3. Re:So - by sabbede · · Score: 1

      Yes.

    4. Re:So - by Anonymous Coward · · Score: 0

      All hail the Great Wall of Text!

  2. GG China by Master5000 · · Score: 2

    I wish I was a chinese right now, they are the coolest nation ever. They just do as they please. I'm sure they could crush USA in a war.

    1. Re:GG China by binarylarry · · Score: 1

      Sure, if by "crush" you mean "get roflstomped in 48 hours by the"

      --
      Mod me down, my New Earth Global Warmingist friends!
    2. Re:GG China by Anonymous Coward · · Score: 0

      Are you serious?

      In a protracted financial war of attrition like we're currently in, sure. In an actual *war* China would be bombed back to the iron age in a week with massive famines and a generation of weird cancers like in Iraq and Kosovo due to depleted uranium use and one-legged kids all round due to cluster munitions.

      And China knows it, hence the current state of war by finance and IT.

    3. Re:GG China by Hognoxious · · Score: 1

      You think you'd be the tank driver. You're more like shopping bag guy, but without the courage.

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    4. Re:GG China by Anonymous Coward · · Score: 0

      Sure, if by "crush" you mean "get roflstomped in 48 hours by the"

      All the Chinese would have to do is "microagress" the special snowflakes that call themselves "young adults" in the US nowadays.

      If the Chinese did so much as to wear Donald Trump masks, those fucking crybully candy-asses would run away howling for rescue from a bunch of old white male academic loons pining for the glory days of Pol Pot, Che Guevera, and Uncle Joe Stalin.

    5. Re:GG China by NatasRevol · · Score: 1

      I recall people saying the same thing in 2002 about al quaeda.

      We're still fighting there...

      --
      There are two types of people in the world: Those who crave closure
    6. Re:GG China by Anonymous Coward · · Score: 0

      When a place has so many people that they could send millions over in rafts armed with nothing but butter knives and not miss them, you really don't want to see how you would do against them. Oh, and they have nukes too so there is that to consider.

    7. Re:GG China by Anonymous Coward · · Score: 0

      Nuclear war: The US nukes China. 500 million die. That still leaves them 3 times the population of the US. China retaliates. Bye bye US.

      Conventional war: Manufacturing is what wins wars. China has it. The US doesn't. They also have a 60,000,000 boy surplus. Chinese officers also have at least a full standard deviation IQ advantage over their US counterparts. Han people have a 7 point advantage over the Northern European, 10 point advantage over Hispanics and 15 points over blacks. Furthermore, the competent US officers have been purged. Barring a law that allows only Italians (only a 1 point disadvantage to the Han) to be US officers, that cannot be rectified.

      The way to defeat the US in war is simple. Just hold out 3 years. Without nukes Japan would have won WW2, as a US invasion of the Japanese mainland would have been unsuccessful.

    8. Re:GG China by MachineShedFred · · Score: 1

      Fighting a nation-state is exactly the same as fighting people who spend their lives trying to be hidden.

      --
      Slashdot still doesnâ(TM)t support Unicode after it was added to the HTML standard in 1997.
    9. Re:GG China by Anonymous Coward · · Score: 0

      Americans have a rich history of stating they will "crush" some other nation. In reality, they only do well in coalition armies.
      Any time they "go it alone" they don't do so well.

      Vietnam
      Korea ....

      "backward" nations which the US should have "crushed" but what was the outcome"

    10. Re:GG China by Anonymous Coward · · Score: 0

      Good point which is often overlooked.
      a lot of people just cant understand what a population of 1.3 billion looks like.

      Vietnam wasnt about high tech weapons, it was about every citizen being a soldier.
      My Chinese wife knows how to clean, load and operate a machine gun...

    11. Re:GG China by khallow · · Score: 1

      Nuclear war: The US nukes China. 500 million die.

      Why would only 500 million people die? Anyone, willing to start a nuclear war with China while expecting the usual retaliatory nuclear strikes, and which has the number of warheads that the US has, will probably be aware of the future strategic problem (from their aggressor point of view) of leaving lots of survivors in China.

    12. Re:GG China by Anonymous Coward · · Score: 0

      The way to defeat the US in war is simple. Just hold out 3 years. Without nukes Japan would have won WW2, as a US invasion of the Japanese mainland would have been unsuccessful.

      You are an idiot and a racist. Japan had already lost by the time the atomic bombings happened, and were already negotiating surrender. The use of the nuclear weapons was about securing an unconditional surrender and Truman telling Stalin not to fuck around with the US, and be nice in Europe or you're next.

      True, Japan was going to lose and had no hope, but the story that "Japan was negotiating surrender" or "desperately trying to surrender" at the time of the bombing is not true. It's bullshit spread on the Internet by people who have no idea of what they're talking about.
      Keep in mind that after the war Japan's Supreme Council for the Direction of War council minutes were preserved so we know exactly what they were thinking and doing. Japan's ambassador did try to contact the Russia ambassador to act as an intermediary to negotiate a cessation of hostilities, basically an armistice , but they made it plain in their internal telegrams there was to be no surrender.

      The only people who had any say in Japan's surrendering was the War Council, and they were not discussing surrender with anyone.

    13. Re:GG China by Anonymous Coward · · Score: 0

      Americans have a rich history of stating they will "crush" some other nation. In reality, they only do well in coalition armies.
      Any time they "go it alone" they don't do so well.

      Vietnam
      Korea ....

      "backward" nations which the US should have "crushed" but what was the outcome"

      When did the USA ever state they would "crush" Vietnam or Korea?
      I was in college in the late 1960's, so I know what you said is bullshit.

      The goal for the UN of the Korean war was to maintain the 38th parallel. That happened.
      North Korea was in fact crushed until China joined in.
      Furthermore, the USA didn't go it alone. The Korean war was a United Nations effort with 22 nations on the side of South Korea. 2/3 of the 900,000 troops on South Korea's side were South Koreans. However, for the UN troops, the USA provided 88% of the UN troops.
      It was only after China sent 1.3 million soldiers and Russia provided combat aircraft that the United Nations troops were driven back to the 38th parallel.

      As for Vietnam, what we did was stupid: basically trying to prop up the remains of the French colonial government after the French had left.
      But you have to remember that the Vietnam war followed closely on the Korean war, and "containing communism" made a lot of sense back then.

    14. Re:GG China by jandersen · · Score: 1

      I wish I was a chinese right now, they are the coolest nation ever. They just do as they please. I'm sure they could crush USA in a war.

      There are many, good reasons for admiring the Chinese and perhaps even their government, but being able to do whatever you please is probably not one of them; it mostly leads to arrogance and carelessness - as they say, "pride stands before a fall". Well, look at America's history since WWII.

      That said, I don't think China have ambitions about taking over the world by force - why would they, when they can simply keep increasing their political influence through finance, industry, science etc etc? But I think I can spot a good reason why they are being pushy in the South China Sea: they feel they are hemmed in by the US, who have a strong, military and political presence all along the edge of the area - South Korea, Japan, Taiwan, the Philippines and so on. The US didn't feel at all comfortable with USSR having too much influence on Cuba, so you guys should understand the sentiment.

    15. Re:GG China by NatasRevol · · Score: 1

      Perhaps you don't recall folks saying we were going to "glass over" the middle east.

      --
      There are two types of people in the world: Those who crave closure
    16. Re:GG China by Anonymous Coward · · Score: 0

      China would win any protracted conventional war with anyone (except maybe India) for two reasons:

      1) They posses a significant amount of the manufacturing base of the world, so they can produce war materials quickly and easily. They also posses most (not all) the raw materials necessary to keep the plants running--unlike The Empire of Japan (WWII).

      2) They have enough people to operate the war materials for a very very long time.

      There is absolutely no way to defeat China conventionally in 48 hours. There are too many people, and unlike OIF or Libya most of the Chinese approve of their government.

    17. Re:GG China by HBI · · Score: 1

      I assure you that while your 48 hour claim is correct (Iraq took 3 weeks to conquer), China could be forced to sue for peace in roughly the same time frame.

      Productive capacity is irrelevant in modern war. It's over too fast.

      A likely endgame is drone-based supply route interdiction followed by an unpalatable choice for the Chinese government - let the country starve to death or launch nuclear weapons. They'll sue for peace first, would be my guess, they can't survive a nuclear exchange and they know it.

      --
      HBI's Law: Frequency of calling others Nazis is directly correlated with the likelihood of the accuser being Communist.
    18. Re:GG China by HBI · · Score: 1

      I was one of them, at least urging it. If we had, we'd have saved a lot of trouble. The place is the hemorrhoid of the earth. Nuclear weapons are Preparation H.

      I retain that opinion after a year on the ground in Iraq in 07-08.

      --
      HBI's Law: Frequency of calling others Nazis is directly correlated with the likelihood of the accuser being Communist.
    19. Re:GG China by NatasRevol · · Score: 1

      You're a good human. /sarcasm

      --
      There are two types of people in the world: Those who crave closure
    20. Re:GG China by HBI · · Score: 1

      They're all going to live in misery and die anyway, so might as well fix a problem with the deaths. The problem is insoluble. Everyone thinks they own the same land due to some past possession and none are willing to compromise an inch.

      --
      HBI's Law: Frequency of calling others Nazis is directly correlated with the likelihood of the accuser being Communist.
    21. Re:GG China by NatasRevol · · Score: 1

      Again, you're a dick. Mass murder is not a solution, unless you're Trump level of stupid.

      It is nice that you choose to show it so clearly though.

      --
      There are two types of people in the world: Those who crave closure
    22. Re:GG China by HBI · · Score: 1

      I'm just a realist, and your head is in the clouds. You may or may not come down to earth, but I assure you that I am right and you are completely wrong. The only solution to human problems is death. All the four horsemen of the apocalypse are represented, but they all lead to death, and only the death of one side in a conflict eliminates the conflict.

      If you studied history very carefully, you'd come to the same conclusion. But you'll avoid it and moralize instead. Which is why the world is so full of unsolved problems - indecision disguised as scruple.

      --
      HBI's Law: Frequency of calling others Nazis is directly correlated with the likelihood of the accuser being Communist.
    23. Re:GG China by NatasRevol · · Score: 1

      You have yet to say how you've been granted the right to exterminate a large population of people who sometimes fight. Half a world away from us.

      Imagine if France did that to us during the Civil War.

      And you're still an egocentric, arrogant murderer-wannabe.

      --
      There are two types of people in the world: Those who crave closure
  3. On the bright side by Tyrannicsupremacy · · Score: 1

    At least we're giving them plenty of business and trade deals. My conscience is clear. I for one welcome our new Oriental Overlords.

    --
    http://i.cubeupload.com/T6cyLu.png
  4. What's the US doing? by Anonymous Coward · · Score: 1

    This kind of coverup generally means there's something going on *against* the Chinese. Both sides are probably fist deep in each other's ass, and neither is quite ready to pull out yet.

  5. thats nothing, by nimbius · · Score: 4, Funny

    i heard an american scooped up tons of classified data and put it on her personal email server, and then they made her president.

    --
    Good people go to bed earlier.
    1. Re:thats nothing, by Anonymous Coward · · Score: 0

      Do you generally take advice from rambling incoherent homeless people?

    2. Re:thats nothing, by Anonymous Coward · · Score: 0

      Not yet, there is still hope left...

    3. Re:thats nothing, by Tharkkun · · Score: 1

      i heard an american scooped up tons of classified data and put it on her personal email server, and then they made her president.

      Hilary's private email server is sounding more secure than the governments each passing day.

    4. Re:thats nothing, by Anonymous Coward · · Score: 3, Insightful

      i heard an american scooped up tons of classified data and put it on her personal email server, and then they made her president.

      We can only hope...

      And it's morons like YOU that keep the elite entitled-from-birth 1% like Crooked Hillary! in power.

    5. Re:thats nothing, by Anonymous Coward · · Score: 0

      We have Hillary or Trump. I absolutely loathe both of them.

    6. Re:thats nothing, by Anonymous Coward · · Score: 0

      We have Hillary or Trump. I absolutely loathe both of them.

      But at least with Trump you can at least realistically HOPE for some real CHANGE.

      With Hillary, you KNOW it's going to be more of the same-old-same-old "bail out the rich banksters" crooked crap while she enriches herself even more.

    7. Re:thats nothing, by Anonymous Coward · · Score: 0

      We have Hillary or Trump. I absolutely loathe both of them.

      But at least with Trump you can at least realistically HOPE for some real CHANGE.

      With Hillary, you KNOW it's going to be more of the same-old-same-old "bail out the rich banksters" crooked crap while she enriches herself even more.

      CHANGE can be for the WORSE you know...

    8. Re:thats nothing, by JoshuaZ · · Score: 4, Informative

      And it's morons like YOU that keep the elite entitled-from-birth 1% like Crooked Hillary! in power.

      Hillary Clinton's father ran a small business in a small town https://en.wikipedia.org/wiki/Hillary_Clinton#Early_life_and_education. She and Bill Clinton clawed their way up to where they are today. There are problems with Hillary by being "entitled-from-birth 1%" is definitely not one of them.

    9. Re:thats nothing, by JoeMerchant · · Score: 1

      But at least with Trump you can at least realistically HOPE for some real CHANGE.

      Where have we heard that before.... Oh yes, 2008.

      Too bad the US voters are so predictable, I'd really like to see both of our party nominees lose this time.

    10. Re:thats nothing, by cant_get_a_good_nick · · Score: 1

      Trump, son of a millionaire real estate developer, is somehow not entitled since birth? A person who took a loan of a million back in 1978 could call that a small amount, is not entitled? A person who took advances on an inheritance...

    11. Re:thats nothing, by cant_get_a_good_nick · · Score: 1

      I know i'll get downmodded (probably from both sides)...

      But i remember an election in Louisiana, between a white supremacist, and a corrupt politician. A slogan was "Vote for the crook; it's important!"

      The crook did win... and later he was in fact indicted on something.

      I don't think Hillary is a crook, at least not in the corrupt sense. I think the email server thing was a "I hate State Department IT, it's so bad" and she did what she shouldn't have done. It's criminal.

      But i'd still rather have her warts than the gigantic holes in knowledge and ability that Trump has.

  6. The daily coverup by Tailhook · · Score: 5, Insightful

    Yesterday we learned the State Department destroyed public records concerning the illegal use of US government funds to campaign against Netanyahu. We are, once again, expected to believe that State Department officials are somehow blithely ignorant of their obligations to retain government records. We are expected to believe the correlation between deleted messages and illegal activity is purely coincidental. Just saving a little space in the inbox.

    --
    Maw! Fire up the karma burner!
    1. Re:The daily coverup by Anonymous Coward · · Score: 0

      Well the secret is that if it incriminates then you erase it, or make it go away. But hey, even if you get caught like Clinton you never get prosecuted. How we continue to vote for these idiots is beyond me?

  7. Problem is they are playing Go, we play Poker by WillAffleckUW · · Score: 1

    I recommend we stop playing either game and move on to Pokemon GO, as this will confuse them and keep our banks free to loot America

    --
    -- Tigger warning: This post may contain tiggers! --
  8. Anybody surprised? by WindBourne · · Score: 4, Interesting

    Seriously, china is in a cold war with the west. So, they are going to do everything that we allow them to do, though I am not certain why we allow this.
    BUT, it is not much different than what is happening with India. We see all of these backdoors going into our corporate software which is then traced to 'Russia', and nearly all of these have 2 things in common. The first is that they run Windows, and the Second is that within the previous 2 years, normally 1, the company outsourced to India. Not any other nation, just India. And why does this matter? Because the average Indian IT worker makes less than $10,000. It should not be surprising then that backdoors come in from India, which are then removed by Russians and replaced with different ones.
    Just 20-30 years ago, it was well known that any massive pay difference would lead to ppl being bought. And Russia remains good friends with India and can travel freely over there (and they do). So, America not only allows numerous nations to manipulate and dump on their markets, but then also, we KNOWINGLY allow attacks from both China AND India.

    --
    I prefer the "u" in honour as it seems to be missing these days.
    1. Re:Anybody surprised? by Anonymous Coward · · Score: 0

      though I am not certain why we allow this.

      Something something trillions debt...

    2. Re:Anybody surprised? by Anonymous Coward · · Score: 0

      Lol at you not knowing how debt works.

    3. Re:Anybody surprised? by WindBourne · · Score: 1

      china finances so little of our debt that it is a joke.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    4. Re:Anybody surprised? by Danilushka · · Score: 0

      " though I am not certain why we allow this." Ever take a look at who owns the lion's share of US Treasury debt while Obama rolls up records in new debt? CHINA. They owns us financially thanks to our over spending (both parties are culpable) and their buying our debt. You are witnessing the final days of the empire and the barbarians will soon be at the gate. China is determined to be the new super power and meanwhile, our president is worried about Black Lives Matter (the Chinese don't really care). We voted in a black racists community organizer and his focus is domestic while our enemies sharpen their swords. No matter who you vote for, it doesn't matter: you cannot unwind two decades of failed policy in time no matter what you do.

    5. Re:Anybody surprised? by WindBourne · · Score: 1

      first off, show me the bills in which Obama runs up massive spending. You can not do it.
      Secondly, China owns less than 1.4T and it continues to drop.
      As to your racists rant, I think that you must have misposted. I believe that you wanted the KKK or NAZI pages that you had up.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    6. Re:Anybody surprised? by nohup · · Score: 1

      Uhh... the OP said "They owns us financially thanks to our over spending (both parties are culpable)". He didn't say just Obama had done it. Obama has preserved the status quo on spending, which is in fact over-spending by a large degree and running up large debts just as prior administrations have done. As far as bills go, yes there are large spending bills, just look at each year's annual budget bill and compare that to annual tax revenue. It's not for no reason that we have large annual deficits every year.

  9. That's different by future+assassin · · Score: 3, Insightful

    She a rich American politician, she has a higher level of citizen status. Now get back to your stable lower class citizen.

    --
    by TheSpoom (715771) Uncaring Linux user here. I have nothing to add to this but please continue. *munches popcorn*
    1. Re:That's different by Hognoxious · · Score: 1

      Now get back to your stable lower class citizen.

      Heard of a comma?

      No, it's not what you're in.

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    2. Re:That's different by future+assassin · · Score: 1

      No sir I haven't is it a new emoticon or something?

      --
      by TheSpoom (715771) Uncaring Linux user here. I have nothing to add to this but please continue. *munches popcorn*
  10. Most. Transparent. Administration. Ever! by Anonymous Coward · · Score: 0

    What's next?

    A secret deal between the Attorney General and an ex-President that lets the wife of the ex-President off the hook for felonies involving classified data?

    Yeah, go ahead.

    Vote for Crooked Liar Hillary! and get more of the same.

    1. Re:Most. Transparent. Administration. Ever! by Anonymous Coward · · Score: 0

      i think that you posted to the wrong page. Don't you belong on the kock bros page and screaming about this?

  11. de h4xxy h4xx0rz b haxx1n!!1! by Anonymous Coward · · Score: 0

    Yay, vapid bullshit scaremongering guaranteed to contain no actual information whatsoever.

    Good thing it wasn't import... oh wait.

  12. Seriously by Anonymous Coward · · Score: 0

    Why hasn't the US Government blacklisted China's IP Address Blocks at all Government offices? I mean even if China uses proxies within the US, we should start with Blacklisting foreign addresses when it comes to basic network protection for Government offices.

  13. CIO of FDIC should be indicted. by Anonymous Coward · · Score: 0

    The story should be about criminal incompetence of the CIO of FDIC. Read the report. Not only should Lawrence Gross be removed from his position, he should be indicted. Read the report. It's scathing. The China hack is besides the point.

    https://science.house.gov/sites/republicans.science.house.gov/files/documents/Final%20GOP%20Interim%20Staff%20Report%207-12-16.pdf

    1. The Chief Information Officer (CIO) has created a toxic work environment, misled Congress, and retaliated against whistleblowers.

    2. The FDIC deliberately evaded Congressional oversight.

    3. The FDIC has historically experienced deficiencies related to its cybersecurity posture and those deficiencies continue to the present.

    1. Re:CIO of FDIC should be indicted. by Anonymous Coward · · Score: 0

      The FDIC is a private corporation serving private banks who use the private entity known as the Federal Reserve to earn a spread on your deposits.

      Pay more attention to the "Corporation" part of the name instead of the "Federal" one because this is not the one that matters.

    2. Re:CIO of FDIC should be indicted. by BlueStrat · · Score: 4, Interesting

      The FDIC is a private corporation serving private banks who use the private entity known as the Federal Reserve to earn a spread on your deposits.

      How the whole Federal Reserve system came to be and who created and runs it is some deeply disturbing shit. Add the fact that the US has no gold reserves, not even the gold they supposedly hold for other nations. It's all been looted.

      A good read on the history behind the creation of the US Federal Reserve is "The Creature From Jekyll Island: A Second Look At The Federal Reserve" by G. Edward Griffin.

      https://archive.org/details/Cr...

      Strat

      --
      Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.
    3. Re:CIO of FDIC should be indicted. by radicimo · · Score: 1

      Started this thread as AC at work earlier today. I do not want my original point to be buried in the comment system but do agree with the follow-on comments and own the Creature from Jekyll Island already. We're on the same page there.

      I work as a security professional. The criminal negligence we continue to see at all levels of government and quasi-government within the realm of "cyber security" is shocking. If Obama (and the Democratic Party by extension) is serious about cybersecurity, his AG would indict the CIO of the FDIC. There is enough evidence in the complaint to do so. It is a slam dunk.

      1. The Chief Information Officer (CIO) has created a toxic work environment, misled Congress, and retaliated against whistleblowers.

      2. The FDIC deliberately evaded Congressional oversight.

      3. The FDIC has historically experienced deficiencies related to its cybersecurity posture and those deficiencies continue to the present.

      The China part of the story is a distraction by the propagandists. Lawrence Gross appears guilty of criminal behavior as much, if not more, than the Chinese. As I first read the report, I thought this man should no longer have his job and should be blackballed. The more I read, the more I thought it requires an indictment. Doubt it will happen, but if nothing else FISMA violations and lying in sworn testimony to Congress should result in penalties of a high order. He apparently chased off all the people at FDIC who gave a shit about security. WTF?

      --
      100 REM PISS OFF CODE FASCISTS 200 GOTO 100
    4. Re:CIO of FDIC should be indicted. by BlueStrat · · Score: 1

      The criminal negligence we continue to see at all levels of government and quasi-government within the realm of "cyber security" is shocking.

      Sadly, the criminality is not limited to government "cyber security", but pervades every government branch and agency and both major parties.

      As far as the Chinese connection goes, one has to wonder what exactly all those laundered & bundled "donations" from the Chinese to Democrat campaigns, foundations, PACs, etc etc were intended to buy?

      There are also many disparate groups who wish to collapse the US, each in service to their own agenda, but with many interim goals in common (and the enemy of my enemy...) and the banking/currency system is one of the prime targets in any such effort.

      I don't get what's so hard for people to understand. Government is just people and people suck (basic human nature has not changed much in over 5,000 years) and seek wealth & power over duty, so the only practical way to keep government relatively honest and in-check is to make government as weak, decentralized, and local as possible so that those in government have very little to sell in the way of power/influence/control and know they face actual prosecution if they are caught, while also making it less attractive for those who might want to buy influence.

      Strat

      --
      Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.
    5. Re:CIO of FDIC should be indicted. by Anonymous Coward · · Score: 0

      The Gold Standard effectively ended more than 80 years ago - countries use Fiat currencies now, they don't use gold reserves...

  14. Doesn't matter. Hillary will NOT be indicated. End by laserhead · · Score: 2

    Doesn't matter. Hillary will NOT be indicated. End of the story. Cyber security? What's that?

  15. Obvious Hoax by Anonymous Coward · · Score: 0

    Obama would never cover anything up. He promised the most transparent administration ever.

  16. China or someone from a Chinese IP address? by Anonymous Coward · · Score: 0

    while making the allegation that China was the culprit, the report does not provide specific evidence to support that conclusion

  17. Status of Evidence by Anonymous Coward · · Score: 0

    Re: "...allegation that China was the culprit, the report does not provide specific evidence to support that conclusion."

    Likely because the evidence they have was obtained through illegal spying. Or spying that, if revealed, would also reveal how much spying, when, where, and by who, that spying is done. Oh and it's all classified Top Secret anyway.

    Unless the evidence is suspicious but not 100% conclusive.

    These are not mutually exclusive situations of course. The evidence can be both wobbly and Top Secret. In fact that seems most likely...

  18. broplem? by Anonymous Coward · · Score: 1

    If I owe $50,000 to the bank, I have a problem.
    If I owe $50,000,000 to the bank, the bank has a problem.

  19. FDIC by Anonymous Coward · · Score: 0

    They didn't get the memos about cybersecurity from ANY of the TLAs ?
    Who the f##@k is in charge of the government computer security? Wiley Coyote?
    And as Congress sits on its ass, Hillary has set a really bad example for the rest of the high-level idiots.

    Unless... The NSA and the CIA were using the FDIC as a honeypot... then it becomes popcorn time...

  20. Covered it up? by Anonymous Coward · · Score: 0

    Yea they covered it up. Or it was on Hillary Clinton's mail server and was erased.

  21. BS alert: Read the parent's linked articles by Anonymous Coward · · Score: 0

    The articles linked by the parent do not support the parent's assertion that records were destroyed to cover something up.

  22. solution by Anonymous Coward · · Score: 1

    The obvious solution to this problem is more backdoors. /s

  23. Oh shit no wonder by Spy+Handler · · Score: 1

    My bro is one of the higher-ups at FDIC. When talking to him last Sunday evening (3 days ago), he said he had to go to work earlier in the day but didn't say why. Which in retrospect is highly unusual, these government career bureaucrats almost *never* work on Sundays.

  24. US Gov On Record In Hacking Cover Up ? by Anonymous Coward · · Score: 0

    I Wonder If They Are Covering Up Hillary's Hacking Too? My Bet Is They Are.

  25. psst dickheads over here... by Anonymous Coward · · Score: 0

    MSNBC is Microsoft National Broadcasting Company

    Google's Eric Schmidt works at the Pentagon.

    Facebook data is shared multinationally.

    Pretend you just found out about China.

  26. While I will give you Vietnam... by Anonymous Coward · · Score: 0

    Korea could have been 'won' if they had waited for the spring/summer, gotten the reinforcements MacArthur requested, and rolled right through as far as possible. No I don't think that would have been a good idea, and yes it could have turned into a protracted war as China and Russia both rolled in to hold the US back. But Korea's biggest shortcoming was not being a Total War scenario. It was a peacekeeping mission to push North Korea back to the treatied boarder, something that MacArthur then tried to break with insufficient forces at the worst time of year and got successfully pushed back by chinese reinforcements as a result.

    Vietnam was the clusterfuck it was because they were rolling over the homes of people who were willing to stand up and die for their country with the backing of a political movement that controlled 1/4 to 1/3 of the world at that time and was willing to provide the war material necessary to ensure they could win. The US on the other hand was piling in warm bodies without piling in the quality of equipment needed to make the mission a success.

    1. Re:While I will give you Vietnam... by HBI · · Score: 1

      No, Vietnam was a combat between a nationalist Vietnamese side and a colonial successor puppet government. The South Vietnamese government lacked legitimacy and identification with the Vietnamese people. It was an artificial creation. It died the death it did for that reason, despite much blood and treasure expended trying to demonize the Ho government and prop up Saigon.

      The Ho Chi Minh government in the North weren't very good Communists, because that wasn't what they were at heart. They were Vietnamese nationalists.

      Mind you, i'm no leftist, but the above is accurate.

      --
      HBI's Law: Frequency of calling others Nazis is directly correlated with the likelihood of the accuser being Communist.
  27. Most tech-savvy administration ever means that by Anonymous Coward · · Score: 0

    This stuff cannot all be "accidental". The Obama admin is firmly in bed with Google and Facebook and there's a revolving door between these silicon valley firms and this administration. Their political party is always bragging about their tech abilities and the GOP inferiority in these areas. Therefore the following questions arise:

    1. Did they really not know these hacks were happening, and then WHY cover up the hacks by an enemy?

    2. Did they really not know that Hillary had a private server? Even as Obama himself exchanged e-mails with her? Were all the deletions of her e-mails innocent acts rather than the permanent destruction of government records?

    3. Did all the deleted e-mails and degaussed hard drives at the IRS happen by accident? (the ones that helped obstruct the investigation into the IRS suppression of the TEA Party, which is still ongoing)

    4. Are all the deleted files at the State Department which obstructed the investigation into the interference in Israel's elections "accidental"? (US taxpayer cash apparently was funneled into the anti-Netanyahu side contrary to US laws against such partisan interference)

    5. Are all the deletions of immigration files which have obstructed the courts and congress from intestigating Obama's various amnesty and immigration actions "accidental"?

    6. Are all the Chinese hacks into the US government, even the pentagon, completely unavoidable? (with the biggest tech companies involved, if the Obama admin cannot stop these attacks, then they must be unstoppable or they are being allowed)

    There are no foil hats required here. One simply has to face the fact that either this administration is nowhere near as competent as they continually brag that they are, or these relatively basic failures are not "failures" at all.

     

  28. The President wins again. by Anonymous Coward · · Score: 0

    This is proof that the Obama administration is committed to transparency and open government.

  29. Que surprise. The government lied to us! by Chas · · Score: 1

    Is anyone really and truly surprised that the government has been lying to us for years?

    Especially this Obama government? Say one thing, do another. Or, if possible, just never say anything at all...

    This is typical of Chicago Machine politics. "Thou Shalt Not Get Caught" is the primary rule.

    --


    Chas - The one, the only.
    THANK GOD!!!
  30. Comes with a box of tin foil by ThatsNotPudding · · Score: 1

    A good read on the history behind the creation of the US Federal Reserve is "The Creature From Jekyll Island: A Second Look At The Federal Reserve" by G. Edward Griffin

    .

    After that book, delve into his other 'facts':

    https://en.wikipedia.org/wiki/G._Edward_Griffin#Cancer.2C_chemtrails.2C_and_AIDS_denial

    1. Re:Comes with a box of tin foil by BlueStrat · · Score: 1

      After that book, delve into his other 'facts':
      [link]

      But, that's not the book under discussion. Just as Metallica sucking since they sold out doesn't make their earlier works less good, what someone writes in one book does not affect the accuracy or insightfulness of another book.

      Please point out to us the factual errors in "The Creature From Jekyll Island" if you want to make a relevant reply. "But...but...look at this other thing he wrote at a different time!" has no relevance...good, bad, or indifferent...to the work being discussed.

      Strat

      --
      Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.