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White House Responds to Edward Snowden Petition

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More than a 165,000 people signed a petition asking for Edward Snowden to be pardoned. A White House official responded to the petition recently, saying that the Snowden advocates forgot crucial elements of what he had done. According to Lisa Monaco, Snowden did not illuminate us all about the sinister elements at work within our government. Rather, he was a security problem from the beginning. From her response:

Mr. Snowden’s dangerous decision to steal and disclose classified information had severe consequences for the security of our country and the people who work day in and day out to protect it. […] If he felt his actions were consistent with civil disobedience, then he should do what those who have taken issue with their own government do: Challenge it, speak out, engage in a constructive act of protest, and — importantly — accept the consequences of his actions. He should come home to the United States, and be judged by a jury of his peers — not hide behind the cover of an authoritarian regime. Right now, he’s running away from the consequences of his actions.

snowden

Edward Snowden // 360b / Shutterstock

Snowden presently lives in Russia, though he has been working on gaining citizenship elsewhere from early on. Snowden’s largest crimes involve leaking troves of data from the NSA and other agencies of the US government that revealed widespread surveillance programs. Snowden knew that he would be immediately arrested for leaking this data, and so he fled the country prior to the revelation. He communicated primarily with journalist Glenn Greenwald and filmmaker Laura Poitras.

Also read: Edward Snowden Calls Amazon “Morally Irresponsible” For Not Encrypting User Data

Recent evaluations have shown that it may take a very long time for all of the data from Snowden’s dumps to ever get released. The magnitude of the data and the things that are implied have been an issue from the start.

The White House cannot afford to offer an olive branch to Edward Snowden, nor could later administrations. They do not want to make it seem acceptable to hack the country’s most sensitive agencies, for any reason.

Featured image from Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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5 stars on average, based on 2 rated postsP. H. Madore has covered the cryptocurrency beat over the course of hundreds of articles for Hacked's sister site, CryptoCoinsNews, as well as some of her competitors. He is a major contributing developer to the Woodcoin project, and has made technical contributions on a number of other cryptocurrency projects. In spare time, he recently began a more personalized, weekly newsletter at http://ico.phm.link




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2 Comments

  1. Christian Richardson

    August 1, 2015 at 12:54 am

    pathetic response

  2. DigitalGalaxy

    October 2, 2015 at 9:28 pm

    What a joke! Come back and face a kangaroo court? He he could be guarenteed a fair trial he would come back, but they won’t give him a fair trial because they know he will be acquitted!

    The NSA/GHCQ is out of control!!

    Encrypt the Web!

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Stock Pick: Philip Morris

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Philip Morris International Incorporated is an American multinational firm that manufactures cigarettes and tobacco. Its products including its best-seller Marlboro cigarettes that are sold in over 180 countries around the world. The company has a diverse workforce of over 81,000 employees and touts an estimated 150 million consumers worldwide. In 2017, Philip Morris generated 7.8 billion dollars in revenues.

Technical Analysis of Philip Morris (PM)

PM looked toppish in June 2017 when it failed to take out resistance of $120 after two attempts. On top of that, the stock was trading in extreme overbought territory on the weekly chart. These were indications that bulls were exhausted.

Things went from bad to worse when the stock breached support of $110. This activated the head and shoulders reversal pattern on the daily chart and effectively reversed the trend. The downtrend saw PM drop to as low as $76.21 in June 2018. However, it appears that the worst may be over for the stock.

Technical analysis show that PM is respecting key support of $78. Bulls have defended this level since February 2012. It looks like they will continue to take control of this price level, especially after PM successfully backtested the support in August 2018.

In addition, we can see the weekly RSI breakout from its own falling wedge pattern. This is an indication that bulls are significantly gaining momentum.

Fundamental Analysis of Philip Morris (PM)

In addition, we have fundamental analysis to back up our bullish view. PM’s trailing twelve month price to earnings ratio stands at 19.78. The stock is still relatively undervalued considering that it has a five-year maximum of 28.51. This suggests that investors are generally willing to pay more for PM stocks.

On top of that, Zacks reports that Philip Morris beat expert projections for the second quarter of 2018. Analysts estimated that PM would generate revenues of $7.528 million and an earnings per share (EPS) of $1.23. However, PM brought in revenues of $7.726 million and an EPS of $1.41. With these developments, even the Wall Street Journal is overweight on the stock as they published a target price of $93.27.

The strategy is to buy as close to $78 support as possible. If bulls can successfully defend the support, then PM might be able to rally to our target of $95.

The timeline for the target is less than six months.

Weekly PM Chart

Monthly PM Chart

As of this writing, the Philip Morris International Incorporated stock (PM) is trading at 81.93.

Summary of Strategy

Buy: As close to 78 support as possible.

Target: 95

Stop: Close below 76.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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3.7 stars on average, based on 248 rated postsKiril is a financial professional with 4+ years of experience in financial writing, analysis and product ownership. He has passed all three CFA exams on first attempt and has a bachelor's degree with a specialty in finance. Kiril’s current focus is on cryptocurrencies and ETFs, as he does his own crypto research and is the subject matter expert at ETFdb.com. He also has his personal website, InvestorAcademy.org where he teaches people about the basics of investing. His ultimate goal is to help people with limited knowledge of finance and investments to create investment portfolios easily, and in line with their unique circumstances.




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Alleged FBI Hacker Lauri Love Ordered to US Extradition by UK Home Secretary

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The long-running court saga of Lauri Love, a British hacker and activist accused of compromising and stealing data from the likes of the FBI, NASA and the US Federal Reserve has been ordered by the UK’s home secretary for his extradition to the United States.

31-year-old Love who has Asperger’s syndrome launched a legal challenge to avoid his extradition to the U.S., following a court ruling by a UK judge in September 2016. Love, who suffers from depression and eczema argued against the extradition ruling, claiming it could lead him to a mental breakdown or suicide. Despite his plea, the ruling district judge, Nina Tempia, determined that Love would be cared for by medical facilities in the United States, while accepting that Love suffered “both physical and mental issues.”

On the other side of the pond, Love potentially faces legal proceedings in three different US jurisdictions, reports the Guardian. Meanwhile, the UK home secretary had been given a deadline of November 16, in order to decide if Love was to be extradited or not. A day before the deadline, Rudd signed the order for Love’s extradition to the US. His lawyers believe he faces up to 99 years in prison if convicted of charges related to hacking.

The UK Home Office stated that Rudd had “carefully considered all relevant matters” before ruling:

[Love] has been charged with various computer hacking offences which included targeting US military and federal government agencies.

The case drew parallels to that of Gary McKinnon, a British hacker whose extradition to the US was blocked by Theresa May in 2012, as the home secretary at the time.

Love’s legal battle with the ruling garnered support from The Courage Foundation, whose acting director Sarah Harrison stated:

The US has ruthlessly persecuted hackers and digital activists for years, and nobody expects that to improve under President Trump. Theresa May set a good example by protecting Gary McKinnon back in 2012. For a home secretary in her government now to willingly send a brilliant and vulnerable UK citizen to Donald Trump’s America beggars belief.

Love was bailed earlier this year in June when US prosecutors were already doing plenty to extradite him stateside.

Lori’s alleged hacking endeavors were a part of #Oplastresort, an operation by Anonymous, the global hacktivist collective. This particular operation was in response to the treatment endured by Aaron Swartz a prominent programmer and hacktivist. Swartz faced 35 years In prison, asset forfeiture and a million dollars in fines with two counts of wire fraud. Swartz committed suicide for his alleged computer crimes.

Love’s legal defense is certain to bring up the unfortunate series of events that led to Swartz committing suicide under the threat of persecution. Love has 14 days to appeal against Rudd’s order and will almost certainly do so.

Images from YouTube/AP.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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4 stars on average, based on 1 rated postsSamburaj is the contributing editor at Hacked and keeps tabs on science, technology and cyber security.




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WikiLeaks: Podesta Received E-mails On Extraterrestrial Disclosure

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While most fallout from the Podesta emails has been political, there are extraterrestrial implications for some of the e-mails released by whistleblower source WikiLeaks. 

An email on behalf of Apollo astronaut Dr. Edgar Mitchell to Clinton campaign chairman John Podesta turned up in the recent data dumps. The email was sent by Rebecca Wright of the Institute of Exoconsciousness. 

Mitchell requested in an email dated July 29, 2014 to meet with President Barack Obama to discuss extraterrestrial disclosure, but was partially rebuffed.

“Fifty years ago Battelle, Brookings and RAND studies on UFOs convinced the government to remove knowledge of the extraterrestrial presence from the citizens of our country. These organizations advised with their best information. However, today much, if not most, of the extraterrestrial reality they examined is known by our citizens,” the e-mail states. “These organizations’ resultant strategies and policies of 50 years ago no longer hold credibility or benefit.” Mitchell says a well-informed public is important to further disclosure. 

Podesta’s secretary wrote Mitchell saying Mr. Podesta would rather meet alone before arranging a meeting with Obama. A Skype meeting was scheduled for Aug 11, but whether or not the meeting happened is unclear. Mitchell died in February 2016.

According to the leaks, former Blink 182 frontman Tom Delonge emailed John Podesta twice about extraterrestrial beings.

“Things are moving with the project. The novels, films and nonfiction works are blooming and finishing,” DeLonge said in an October 2015 email to Podesta. “I would like to bring two very ‘important’ people out to meet you in DC. I think you will find them very interesting, as they were principal leadership relating to our sensitive topic.” DeLonge emailed again later.

“When Roswell crashed, they shipped it to the laboratory at Wright Patterson Air Force Base. General McFasland was in charge of that exact laboratory up to a couple years ago,” DeLonge wrote. “He not only knows what I’m trying to achieve, he helped assemble my advisory team. He’s a very important man.”

Hacked reported in 2015 that DeLonge was working on various ET-related projects, and the former pop-punk superstar, whose 1999 album Enema of the State sold 15 million copies worldwide, has since released books and plans to release a documentary on extra terrestrials.

Featured image from Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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5 stars on average, based on 1 rated postsJustin O'Connell is the founder of financial technology focused CryptographicAsset.com. Justin organized the launch of the largest Bitcoin ATM hardware and software provider in the world at the historical Hotel del Coronado in southern California. His works appear in the U.S.'s third largest weekly, the San Diego Reader, VICE and elsewhere.




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