China Internet News

Richard Clarke doesn’t understand the Internet

Richard A. Clarke, the special adviser to the president for cybersecurity from 2001 to 2003, has an important op-ed in the NY Times today.

How China Steals Our Secrets

Clarke basically laments the state of US cyber security (who uses this “cyber” word besides the US govt.?) in regards to the incessant hacking of US businesses by Chinese hackers. Clarke believes that giving the Department of Homeland Security the ability to:

inspect what enters and exits the United States in cyberspace.

And under the Intelligence Act, the president could issue a finding that would authorize agencies to scan Internet traffic outside the United States and seize sensitive files stolen from within our borders. “

If this proposal is not basically an identical copy of what the Chinese government has set up in with their Great Firewall of China, I don’t know what it is.

US businesses need to take responsibility for securing their own servers, documents and networks. That they have not done so to date is their own fault.

The proposal to give the US government the right/ability to scan/filter the Internet is not only like trying to filter the entire ocean to catch a few fish (i.e. the wrong way to do it), it’s also asking the government to provide Internet security for US commercial businesses (which they should do on their own, not on the US taxpayer’s dime.)

A future that Richard Clarke wants for the US is a mirror image of what China has created today with the Internet in China. That he does not see the irony in this vision is probably the most troubling aspect of his op-ed as well as his “special adviser to the president for cybersecurity” role.

The US government needs experts who understand the Internet in roles like these, not people like Clarke, who clearly do not understand how the Internet works. And US businesses need to take their network security seriously. Focus on securing your networks, not just next quarter’s profit margins, and you’ll see less successful hacking.


Quantitative Easing Explained

Trust me, worth it to listen to it all the way through.


Federal Reserve Rains Money On Corporate America — But Main Street Left High And Dry


Federal Reserve Rains Money On Corporate America — But Main Street Left High And Dry.

Japan News

Embrace the world, English, too: Ogata | The Japan Times Online

That Sadako Ogata, of all people, has to still be stressing the importance of English to Todai students in 2010 is a testament to the complete failure of Japan’s education policies around English.

Referring to her stint as U.N. leader on the refugee issue, Ogata stressed the importance of knowing one’s capabilities, being able to grasp the situation, and . . . learning English.

“Language is the foundation of understanding yourself and the others. . . . English is the international language. Without speaking English, it’s hard to communicate overseas,” she said.

Embrace the world, English, too: Ogata | The Japan Times Online.


Bloomberg LP vs. US Federal Reserve

Court Orders Fed to Disclose Emergency Bank Loans

Fed Given 60 Days for Supreme Court Appeal of Document Disclosure Order

Watch the full episode. See more Need To Know.