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Pastimes : CNBC -- critique. -- Ignore unavailable to you. Want to Upgrade?


To: Gary M. Reed who wrote (4835)2/24/2000 3:11:00 PM
From: long-gone  Respond to of 17683
 
And WHY won't CNBC report this? Afraid the bearish truth might come out?
Can "the bull" survive a trade war?:
Wednesday February 23, 6:01 pm Eastern Time
FOCUS-US eavesdrops for trade gains -EU report
(Adds US, British comments)

BRUSSELS, Feb 23 (Reuters) - European parliamentarians called on Wednesday for a major probe of allegations that the United States uses electronic surveillance for industrial espionage.

The charges, in a report to European lawmakers, include using a Cold War eavesdropping system to beat the European consortium Airbus to a major airplane deal with Saudi Arabia in 1994.

The United States, which runs the Echelon surveillance network capable of intercepting phone conversations, faxes and e-mail messages around the world, denied that its spy systems help American companies to steal a march on foreign competitors.

``The National Security Agency is not authorised to provide intelligence information to private firms,' said U.S. State Department spokesman James Rubin.

Pressed by reporters at a Washington briefing, Rubin would not comment on specific allegations made in Europe. He said American intelligence agencies obey U.S. law and ``are not tasked to engage in industrial espionage, or obtain trade secrets for the benefit of any U.S. company or companies.'

British, which helps run Echelon, also denied abusing it.
``There is absolutely no bulk espionage as the French and others are claiming,' a senior Foreign Office official said.

``Any surveillance that there is in Britain has to be authorised in accordance with the law as does any American activity here,' the official told Reuters.

Green party deputies at the European parliament had called for a committee of inquiry after seeing the report written by British journalist Duncan Campbell.

SYSTEM ``COMPLETELY UNCONTROLLED'

``Echelon, a completely uncontrolled and illegal spying system run by the U.S, the UK and several other countries poses a clear threat to civil liberties and the EU economy,' Green Group president Paul Lannoye said in a statement.

Campbell's study claims to ``set out the organisational and reporting frameworks within which economically sensitive information is collected and disseminated, (cont)
biz.yahoo.com



To: Gary M. Reed who wrote (4835)2/24/2000 3:12:00 PM
From: Jim S  Read Replies (1) | Respond to of 17683
 
Good to see you back, Gary. We thought you had been kidnapped by the GE mafia and nobody would pay your ransom. It is with great relief that we we see you back here with your kind and gentle comments.

I dunno, maybe we should let this daytrading witch hunt run for a while. I lost money on about 40% of my daytrades last year. Wouldn't bother me a bit to get reimbursed for each 'stoploss' that hit. Wonder if I can get my commissions back too? Interest? Hey, let's see about some punitive damages! I'd take Frequent Flier miles if they run out of real money.

I ain't proud. Or greedy.

jim



To: Gary M. Reed who wrote (4835)3/7/2000 5:25:00 PM
From: Yogizuna  Respond to of 17683
 
"You can't legislate common sense."

When will they ever learn?! Yogi