Incompetence Abounds
The Market Ticker - Commentary on The Capital Markets
Logging in or registering will improve your experience here
Main Navigation
Sarah's Resources You Should See
Full-Text Search & Archives
Legal Disclaimer

The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions. For investment, legal or other professional advice specific to your situation contact a licensed professional in your jurisdiction.


Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility; author(s) may have positions in securities or firms mentioned and have no duty to disclose same.

Market charts, when present, used with permission of TD Ameritrade/ThinkOrSwim Inc. Neither TD Ameritrade or ThinkOrSwim have reviewed, approved or disapproved any content herein.

The Market Ticker content may be sent unmodified to lawmakers via print or electronic means or excerpted online for non-commercial purposes provided full attribution is given and the original article source is linked to. Please contact Karl Denninger for reprint permission in other media, to republish full articles, or for any commercial use (which includes any site where advertising is displayed.)

Submissions or tips on matters of economic or political interest may be sent "over the transom" to The Editor at any time. To be considered for publication your submission must include full and correct contact information and be related to an economic or political matter of the day. All submissions become the property of The Market Ticker.

Considering sending spam? Read this first.

2015-09-23 10:15 by Karl Denninger
in Musings , 325 references Ignore this thread
Incompetence Abounds

And here we go...

The FBI has recovered personal and work-related e-mails from the private computer server used by Hillary Clinton during her time as secretary of state, according to a person familiar with the investigation.

The Federal Bureau of Investigation’s success at salvaging personal e-mails that Clinton said had been deleted raises the possibility that the Democratic presidential candidate’s correspondence eventually could become public. The disclosure of such e-mails would likely fan the controversy over Clinton’s use of a private e-mail system for official business.

There are two problems with this.  The first is the obvious one: Hillary may be cooked.

But the second is far more-serious.  If there was classified data on that server (and it appears there was) then the destruction procedures mandated for such devices were not followed.  It therefore has to be assumed that said data has been compromised.

How serious is this?  We don't know.  But it's very serious for "ordinary people" who do something like this -- you can face prosecution for it and will almost-certainly be stripped of your security clearance -- which would make for an interesting conundrum should she win as President, eh?

It's complicated by the fact that I don't believe there is anything that can be done should someone who would ordinarily be incapable of holding a clearance win the office.  By definition the President has to have access to Top Secret material; what do we do if someone who can't be trusted to keep it secret, as demonstrated by their own prior actions, wins such an election?

We may as well ship all our secrets direct to both China and Putin, eh?  Nice...