The Cost Of Arrogance

market-ticker.org / by Karl Denninger / 2017-05-14

I hate having to use this….

It wasn’t that long ago that I wrote a few articles on the hubris of our government thinking they were the smartest people in the room when it came to computer hacking.  I pointed out that while we undoubtedly have very smart people working for the NSA and other three-letter agencies so do other nations and their people, along with “unaffiliated” folks who are just plain old-fashioned troublemakers, are equally smart.

Indeed, that was the focus of an article from 10/2014 in relation to one of Comey’s brain-farts in which he implored Congress to basically force back doors into US-made equipment and software.

Now we get treated to the outcome without the force first, because the NSA was writing that code anyway and a group of crooks got their hands on it, perverted it to force cryptolocker software on computers and is spamming it all over the globe.

How did they get their hands on it?  That’s the subject of much debate. Many are pointing to the “all Russians, all the time” narrative run by many in the so-called “security industry” (including some who have been caught lying in the past) along with half the left-leaning idiocracy parade that makes up most of the mainstream media punditry.

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