Contents
- Introduction
- Preface
- Overview
- Relief Valve
- LECTURE 1: Why We Are In The Dark About Money
- LECTURE 2: The Con
- LECTURE 3: The Vatican-Central to the Origins of Money & Power
- LECTURE 4: London The Corporation Origins of Opium Drug Smuggling
- LECTURE 5: U.S. Pirates, Boston Brahmins Opium Drug Smugglers
- LECTURE 6: The Shady Origins Of The Federal Reserve
- LECTURE 7: How The Rich Protect Their Money
- LECTURE 8: How To Protect Your Money From The 1% Predators
- LECTURE 9: Final Thoughts
Worrying About K12 Financial Literacy?
Make Sure You Know How To Protect Yourself From Identity Theft.
5 Extremely Private Things Your iPhone Knows About You
With every iPhone, iPad and iPod comes a set of densely worded documents informing you that by using these gadgets you're giving up a ton of highly sensitive information. It's perfectly legal for Apple to gobble up all this personal data because you've basically said it's allowed to do so. Worse, you might not even realize that you have.
http://www.huffingtonpost.com/2015/03/19/iphone-legal-facts_n_6787876.html
Experian Sold Consumer Data to ID Theft Service
Avivah Litan, a financial fraud analyst with Gartner Inc., said this latest exposure raises serious questions about U.S. regulators’ capacity to monitor the due care of extremely sensitive consumer data, in accordance with the Fair Credit Reporting Act. Litan said that under 15 U.S.C. 1681b (PDF) credit reporting agencies have strict guidelines regarding to whom they may distribute consumer reports.
There are signs that at least some federal regulators may be taking a harder look at the practices of the data broker industry. In an August 2013 keynote speech (PDF) at the Technology Policy Institute’s Aspen Forum, FTC Chairwoman Edith Ramirez said “the time has come for businesses to move their data collection and use practices out of the shadows and into the sunlight. In other words, with big data comes big responsibility. Firms that acquire and maintain large sets of consumer data must be responsible stewards of that information.”
Ramirez noted that the FTC can already bring actions under Section 5 of the FTC Act, and that it will continue to be active in punishing data brokers that fail to secure the information they collect. But she said stronger incentives to push firms to safeguard big data must be in place, and that the FTC has urged Congress to give the agency civil penalty authority against companies that fail to maintain reasonable security.
THE CULPRIT
annualcreditreport.com, a government-mandated Web site created by the three major credit bureaus to help consumers obtain annual free copies of their credit reports. The site was the product of the 2003 Fair and Accurate Credit Transaction Act, a law intended to reduce identity theft which required each of the 3 major credit bureaus to provide consumers free access to their credit reports. The irony is that despite the free availability of these reports to consumers, the credit bureaus have for years touted consumer credit reports as a major benefit of signing up for pricey credit monitoring services, as shown by the success of television ads for services like freecreditreport.com.