Will Hackers Join Wall Street Demonstration, Or Will They Monitor the Movement?

Steve Ragan is a reporter over at Security Week and his latest piece, “It’s a Trap! But Invade Wall Street Could Still Happen.” fits nicely into the stories swirling around Mainstream Media (MSM) about how the dots connecting the “Occupy Wall Street” crown, and the hacker malcontents, threatening “Invade Wall Street” are coping with some of the same problems. We’ve spoken here about how the government ought to consider hiring hackers – as many as possible – rather than pay to track them down and incarcerate them. Yet not all the world of hack is open to such logical conclusions.

While many of those who are in the “Occupy Wall Street” are disgruntled workers, students and street rabble, those on the hack side, let’s assume that’s right of center, those associated with the Anonymous movement, are mostly hackers who want to bring down the networks of places like the NY Stock Exchange. According to Ragan, “On Oct. 10, NYSE shall be erased from the Internet. On Oct. 10, expect a day that will never, ever be forgotten.” It “calls for a DDoS attack, using LOIC (Low Orbit Ion Cannon), against the main domain of the New York Stock Exchange.” Yet, even the most stalwart of these revolutionaries hasn’t made a convincing argument for whether that statement was issued by some counter intelligence effort, or from the hack?

Business Ethernet: The Business Connectivity of Choice

The “Occupy Wall Street” movement which is growing across the country and picking up steam amongst some unlikely bedfellows, has been written off mostly be MSM, and, most notably, by Erin Burnett who was seen on the tube last week saying to a software developer, I paraphrase, ‘hey, did you know the loans those banks on Wall Street were all paid back with interest and the taxpayer made money?’ Like many of those in downtown Manhattan, apparently, Ms. Burnett failed to mention that the money they paid us back with was borrowed, or given to them, by, you guessed it, the taxpayers.

From Mother Jones:

US treasury secretary Tim Geithner finally got to play the hero. The morning of June 9, Treasury notified 10 financial institutions, including JPMorgan Chase, Goldman Sachs, Morgan Stanley, US Bancorp, and Capital One Financial, that they were “eligible to complete the repayment process” for the capital they received under the Troubled Assets Relief Program (TARP). In other words, they would be allowed to pay back $68.3 billion. Even though they really owe $229.7 billion. That we know of.

The articles author, Nomi Prins, is an economist and contributor for Mother Jones notes, “that TARP accounts for a fraction—about $700 billion—of the government’s $13 trillion banking stabilization scheme,” while, “average Americans, who don’t have a $13 trillion federal insurance policy to fall back upon, have fared poorly. Over the past three months, unemployment has hopped a full point, to 9.4 percent—nearly double what it was one year earlier. For the third straight month, home foreclosures have broken the 300,000 mark, with the defaults reaching well into the prime loan turf, and home prices are still falling.”

It’s fascinating how the different political spheres match up next to one another against a government that can’t seem to get themselves arrested. The latest poll shows the our Congress is sitting on a 20% approval rating and judging from the online swagger, we are more divided than I’ve seen in many decades. Will hackers line up with the left grass roots movement, or will the government step in and hire all the hackers around and put down at least one side of this rebellion?

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