"We think about total surveillance as being directed at private citizens, but the capability has unlimited payoffs when it targets financial markets and the people who have intimate knowledge of them.
"'Total security awareness' programs of surveillance are ideal spying ops in the financial arena, designed to suck up millions of bits of inside information, then utilizing them to make investments and suck up billions (trillions?) of dollars.
"It gives new meaning to 'the rich get richer.'
"Taking the overall scheme to another level, consider this: those same heavy hitters who have unfettered access to financial information can also choose, at opportune moments, to expose certain scandals and crimes (not their own, of course).
"In this way, they can, at their whim, cripple governments, banks, and corporations. They can cripple investment houses, insurance companies, and hedge funds. Or, alternatively, they can merely blackmail these organizations.
"We think we know how scandals are exposed by the press, but actually we don't. Tips are given to people who give them to other people. Usually, the first clue that starts the ball rolling comes from a source who remains in the shadows.
"What we are talking about here is the creation and managing of realities on all sides, including the choice of when and where and how to provide a glimpse of a crime or scandal."
To read Rappoport's entire post, click HERE.