Scavenger Econ

Oh, dear worst-reader, we are living in scavenger times. These are times where all that is left are scraps. You know, the scraps left over by the other half. You know, the haves and the have-mores. Oh, how they laugh and giggle as we jostle around, tinker to nowhere, continue on our beloved pathway of apathy, disdain, sweetened hatred. It is, dear worst-reader, the year AD twenty-fourteen and I’m no longer shocked that the other week my credit card was cancelled. When I asked the haves and the have-mores (the bank) why they cancelled my card, they said it was because there was a suspicious transaction on it from Canada and they were trying to protect me. Well thank you very much, powers-that-be. Except I was no where near Canada at the time and they knew that. And I have since cleared up the whole ordeal–except the embarrassing moment when that clerk yelled through the store that my card was cancelled. But I digress. In the meantime, I continue to try and understand credit card fraud–which has brought me to a few other conclusions–all of which I won’t bore you with here. Or maybe I will. From what I’ve read so far, see links below, the credit card industry isn’t the only one dealing in scavenger economics. But there is something that I’m NOT reading about in all this. Did you know, dear worst-reader, that most of the news serves only to produce fear which in turn is supposed to make certain people react to that fear? Fear drives the world’s economy now. Indeed. Spreading fear is really the only driver of “markets” in scavenger economics. Have I said that enough? Then there’s the idear that banks (the haves and the have-mores) know precisely how credit cards are used by their customers. They have a plethora of mine-able customer data that The Googles–and even the NSA–can only dream about. Stealing a credit card number, name and expiration date is one thing but claiming that there can be rampant fraud on that card because someone copied that data from a network is something else. Banks don’t have this under control by now? Which means that credit card fraud is really exactly that. The fraud is being perpetrated by the banks to protect what’s left of scavenger profits. I mean, come on. The way people are handed credit cards–like sweets to a baby–if that doesn’t have scavenger all over it I don’t know what does. With that in mind, here’s the thing that the “market” doesn’t want to discuss but is happy if you are afeared. In a scavenger economy, where money can’t flow anymore, corporations either protect their profits–because those profits are widely accepted as an entitlement–or they must find new profits. Which brings me to the scavenger tech world. Just have a look at what’s going on with USB, the Universal Serial Bus standard that has long since worn out its welcome where all hardware makers can question the entitlement of licensing fees. It’s been recently discovered that USB devices have all been built with programmable ROMS. Really? What a curious and most certainly convenient discovery. Convenient because it’s a way/excuse for hardware makers to make something obsolete and thereby introduce something new that will cost us all more money. And so. The part to make you afeared is simple. The firmware that drives USB devices and enables them to interact with PCs can be changed/modified. The tech world is scrambling right now over this. If it’s true you can literally steal a USB keyboard from a bank, modify the ROM of the keyboard’s USB connection, get it back into the bank where it’s hooked up to the banks computer and then rob the place. Are you afraid yet and willing to pay more for the next SAFE technology? But I say, just like credit card fraud, this is all Bullshit. Bullshit. Bullshit. These industries are suffering under the scourge of our scavenger economy. What corporations consider entitlements are being threatened. USB is dying. Banks don’t want profits infringed upon by having to pay more for secure cards. What to do, what to do? I know what I’m gonna do. It’s time for a cold one. And. Rant on.

The article that spreads fear | MarketWatch

Credit Card Act 2009 | Wiki

Credit Card Fraud | Wiki

Chip based cards already available | Arstechnica

Oh no! Hackers Can Exploit USB Devices | Deutsche Welle

Evil USB, We’re Gonna Miss You | Arstechnica