Sunday, September 25, 2011

Federal Reserve to Collect Billions of Pieces of Data of Internet Comments about the Fed and Attempt to Influence Key Bloggers

The Federal Reserve, in a "Request for Proposals" submitted to companies that are Fed vendors, is requesting proposals for the creation of a "Social Listening Platform" whose function is to "gather data from various social media outlets and news sources,"  ZeroHedge is reporting. The proposal calls for a platform that will "monitor billions of conversations and generate text analytics based on predefined criteria."

The Fed's RFP states that the desired product should be able to "determine the sentiment of a speaker or writer with respect to some topic or document"... "The solution must be able to gather data from the primary social media platforms – Facebook, Twitter, Blogs, Forums and YouTube. It should also be able to aggregate data from various media outlets such as: CNN, WSJ, Factiva etc." Most importantly, the "Listening Platform" should be able to "Handle crisis situations, Continuously monitor conversations, and Identify and reach out to key bloggers and influencers."

(Via Andre Grillon and JR)

15 comments:

  1. They're coming for you Wenzel! Bring it!

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  2. i have been thinking on this sort of thing for a while

    that a super word cloud sort of analysis of the comments all over the net might lead to having a very good finger on the pulse of the world

    but how might it be used? i would suggest it would be used to know where to try and cut off public opinion - to know where to send more guns

    to allow the governments to protect themselves against the people

    it's hard to trust such people

    http://thepeakoilpoet.blogspot.com/

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  3. It was only a matter of time....dissent and subversion from the official narrative is not allowed. Repent or perish!

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  4. So the broke ass U.S. and its central bank have money to pay someone to spy on us?

    Guess the $$$ printing press is still working over time.

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  5. I think Mr. Wenzel, unknown to him, got his electronic tag at last night's TPTB meeting.

    So, the Fed will be able to not only track his blogging, but any evasion attempts.

    Bob, now, you can run, but you cannot hide!

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  6. Ha! Look out Bill Still. I just watched Mr. Still's new "The Money Masters" on youtube, "The Secret of Oz." I would love to hear your thoughts on it Mr. Wenzel. His main thesis seems to be to hand over money creation to the government, rather than the government issue bonds and borrow the money. But, having read what Rothbard has to say about the history of colonial fiat money, I have some doubts. He also agrees with William Jennings Bryan regarding the control of gold being an excuse to amass and hoard the gold and hence control its supply and hence its value. The movie seems to be "The Money Masters 2.0," but like I said, he makes it contemporary and interviews Karl Deninger, talks about Iceland and Europe, talks to Peter Schiff - it might be worth checking out. If you have a spare 2 hours.

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  7. Maybe if Moron Bernanke reads the 10 best financial blogs he'll get an effing clue.

    I crack myself up sometimes.

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  8. Seriously, does anyone think this won't just backfire? Really, the Fed is going to try to influence top blogs? Give me a break. You can only influence someone if you've got clout AND integrity. If the person (or people) you are trying to "influence" knows beyond a shadow of a doubt that you are a lying, stinking, corrupt piece of doo-doo, what chance are you going to have of influencing someone short of pointing a gun to their head??

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  9. Hi Wenzel, this is off topic, but could you do a blog post about the recent action in gold and silver? Is it just a simple correction, or is something else going on?

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  10. "Reach Out"? Didn't Stalin do this?

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  11. Ron Paul should use this information in his campaign.

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  12. I suspect the Fed will respond through reliable mouthpieces and allies like Krugman. I doubt anyone at the Fed would actually be contacting EPJ.

    But this is a good sign. For a long time the Fed never responded to criticism. Then it mocked at it. This move indicates that anti-Fed sentiment has gotten under the banker's skin. The war is heating up.

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