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All right I'm not usually the charts but I'm fascinated again by this one because I always get on days like this but that is -- point in today.
-- little late morning early afternoon we got word of these.
Three new -- in a market which was.
Already headed down pick up that went down a little bit more try to recover actually went down a lot more by day's end up more on that concerns them.
Then -- these arrests concerns nevertheless at the inflection point it was a selling points so that others have been.
-- added to this investigation.
So again this is a routine reaction receipt of the doubt sometimes is brief sometimes -- longer so don't get me wrong.
By day's end Ben did have a bigger impact and his boss as a Ben Bernanke could -- the markets and terrorist potentially abandoned these markets.
But all former Sun Microsystems starter Scott McNealy thousands privacy is less of -- concern what our safety.
Seems to be in focus start very good to have you what did you make what do you make.
How -- -- -- at least for now.
Appears to be a non issue.
Well I don't think it's a non issue I think it is a tough balancing act I was quoted as saying you have no privacy get over it but.
That's that doesn't.
Eliminate the fact that there are kind of two ends of the spectrum and -- and I'm gonna mess the quota but somebody once said.
If you have to get up your freedoms -- secure and privacy and liberty to -- safety and security.
Then you have neither.
So that's -- one side of it and then the other side of it is I believe that absolute anonymity -- irresponsibility so there are an audit trails.
Then then you're gonna you're gonna have a very hard time maintaining a civil society you're gonna find the right balance.
Of of privacy.
And and protection of liberty and for and privacy rights that sort of thing along with protecting with the safety of the country and it's always a tough balance to figure out word.
Where to draw that line both on the and in DC of both on the -- private sector side and and you see Google's got their challenges with the EU.
And there are new privacy laws and then you have -- on.
Well he probably is that you're outside government -- -- and a little too intrusive do you think get a -- and Barnum like this.
Google has announced order or is it even more worrisome for global.
No I've I think there's two issues there is bill there's.
And you have to decide when is it right for the government to be able to access what would be considered normally -- -- or private data.
When -- they have the right has a wiretap if you will run and then there ought to be checks and balances to go make that happen but there aren't gonna run a lot of times there aren't -- -- a lot of these companies.
Does routinely give us information to the government -- -- requesting it because well they don't want any absence.
Well we haven't caught up on them in the virtual world with where we were in the physical world to -- go into a a mailbox unlocked mailbox on the publicly available street.
And grab a self addressed -- I addressed envelope paper thin sealed with spit and open it up and look.
Had paid a non encrypted latter.
In the -- a felony and it's not addressed to me that's a felony right that's nervousness -- bad down -- exactly what right but you know what is.
What have Google looks at your Google mail and start searching on keywords on at the start sharing that information with.
A company trying to sell something to you.
But what if you don't we have resources out of you'll see is my paranoia I know I just learned what this does drop we have in the market not a -- -- -- with a -- -- that that the president had been injured and I terrorist attack.
There -- these algorithms that apparently search out words like terrorist White House president injured whatever.
And then day I don't know how to do you noticed a far better than I barely got -- man.
But the bottom line was that it was it led to immediate selling and then everyone got caught in the downdraft who's to say that -- Similar terror algorithms can and aren't being set -- to do just that and we have no control.
Again that's where you know we how we have the ability to basically be fairly anonymous there's anonymous re mailers and rose sort of thing so it gets very very hard and you can go style and that's equivalent to yelling fire we have laws in the virtual world you can't walk into a movie theater and yell fire.
That the -- battle gets.
A few extra nights for free somewhere in the fifth.
And and and yet -- who do we have those same sort of laws on the Internet again as Justin would have.
We know general I know I'm sounding crazier but how -- -- now let's say someone is keeping track -- Cavuto and emails.
Yeah ignore it invariably uses terror.
Key words that capture people's attention and made that an algorithm board and on.
-- algorithm Lerner you know what I'm saying -- dead dead dead dead dead right.
You know what I ended that's what I worry about in this in this push to go where to turn to police and keep us safe.
All for good -- we start widening the net.
To the wrong people.
Right well again that's do you want the three letter agencies.
Actually tapping into the fire hose Twitter streams and into -- FaceBook and and Google mail -- looking for.
Hints and you know computers can look through a lot of stuff and -- -- a lot of hints and you know you can really you know the Atlanta bomber or the the original.
Rice and poison mailer you know we get it wrong and then you know their big issues it's a really really I don't envy.
You know the FBI gets in real deep trouble for not figuring this out ahead of time yet they're they're under some fairly there's lots of data out there.
As I said you have no privacy get over it.
Even -- Most stealth sleeper cell.
Is leaving digital footprints everywhere whether -- be on a video camera or whatever.
So how much do you allow them to tap that ahead of time and again that gets back to.
You know if you up.
Give up your rights to privacy.
For safety than you have neither you know that's another big or -- you know that's that's my biggest issue as a libertarian the bigger of the government -- The more they can control.
Not only commerce but also your private life and I -- -- older Alvarez yes safer sponsors are but the bigger -- -- gets the bigger the government.
Gets by just.
To finish it.
Well early law enforcement has to step it up there and Scott thank you very very much was currencies got -- --
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