How Is That Fed "Social Espionage" Program Working Out?

Remember the Fed Internet stalker campaign?

The Federal Reserve is planning on monitoring what you say about it on social media platforms like Twitter and Facebook.

As first reported on Zero Hedge, the Federal Reserve Bank of New York is soliciting proposals from developers for a "Social Listening Platform" that will monitor "the primary social media platforms – Facebook, Twitter, Blogs, Forums and YouTube."

The Fed also states the "Social Listening Platform" to "Handle crisis situations, "Continuously monitor conversations," "Identify and reach out to key bloggers and influencers," and that the software "be able to aggregate data from various media outlets such as: CNN, WSJ, Factiva etc."

The Fed is requesting that all information is provided in real-time and that "sentiment analysis" be a central feature of the developed software.

In other words, the Fed wants anything said about it on a social platform to be categorized as "positive, negative or neutral."

With or without software, they've been doing this. I know (and anyone else with access to their logs knows) that they casually stalk the conversation. Don't call it monitoring, the Board won't admit to as much.

Though the Fed Twitter accounts can appear robotic and clinical at times, actual people are behind them. People who click on links and pass them around and discuss them. Fuck, I don't need complicated monitoring software to tell me that. How much made up money was the Fed willing to pay for such a program?

If the right handful of people know where to look, they can monitor the conversation. Hell, I will save the Fed a bazillion dollars and tell them for free: sentiment is not good. People are hella mad at y'all.

I suspect at some point the NY Fed contracted Cyveillance to do some of their monitoring (not confirmed, just a strong suspicion based on traffic patterns), who have also likely been hired by Goldman Sachs to do their Internet crawling. It makes me feel dirty just to think about.

So how is that working out for the Fed these days? Got someone on board to pump out this awesome diagnostic tool? Buncha nerds ready to decode the World Wide Internets for the big scary Fed?

Homeland Security does it, why wouldn't the Fed?

Jr Deputy Accountant

Some say he’s half man half fish, others say he’s more of a seventy/thirty split. Either way he’s a fishy bastard.


I think the whole thing started because Ben wanted to find out just who the hell writes for Zerohedge.

W.C. Varones said...

I got your social media right here, you Dirty Fedsters.