I don't know what's worst about the most recent revelations in this summer's NSA saga. (Thanks to Barton Gellman writing at the Washington Post this time):
- There were 2,776 rule violations.
- Those rule violations only covered a one year period.
- Rule violations don't map 1:1 with people affected (one example? A single violation involved 3,032 files, each of which contained an undisclosed number of people's records.)
- The NSA was reporting on itself (read: likely minimizing the number)
- 'Incidental' violations are not reported (!)
Links We Liked!
- One man who actually has the courage of his convictions? Nelson Smith, writer at Financial Uproar- who wrote an article about his house price being too high... and sold it!
- Len Penzo continues his "Living on $40,000" series (an amazing series) with Jonathan in Ohio.
- Ironman at Political Calculations has the dirt on the electric-car promises of the current administration. Unfortunately for the President, we're tracking far below the rosy predictions.
- Control Your Cash somehow posts a personal finance story about a bank's "generous" offer. You know, if you can't look up the competition on the internet (we'll have one like this soon!).'
- Our friend Pauline at Reach Financial Independence broke all the rules of Personal Finance - and used low cost debt to leverage an expansion of her personal empire. Bravo.
- You know how an economist wouldn't stop to pick up a $20 bill because "if it existed someone would have picked it up already?". The Money Beagle was the guy who picked it up.
- The PoPs now have a second generation of writers at their site - and I can't even get my parents to read sometimes. Congrats!
Links to Us