Seeking Alpha

Hackers have crashed the MasterCard (MA) website in apparent retaliation for the credit card...

Hackers have crashed the MasterCard (MA) website in apparent retaliation for the credit card company's blocking of donations to the WikiLeaks website. MasterCard says it is working to restore normal service. MA +1.2% premarket.
Comments (13)
  • Richard Mackenzie
    , contributor
    Comments (453) | Send Message
     
    Not that I want the police at my door, but I'm mad at MC, PayPal, Amazon et-al for their treatment of WikiLeaks. Considering the other organizations these companies do business with I can only conclude this is caving to pressure from the folks who think they should be allowed to do the voters business without sunshine or accountability.

     

    There. Got that off my chest. Thanks.
    8 Dec 2010, 09:47 AM Reply Like
  • cbc
    , contributor
    Comments (411) | Send Message
     
    Your very angry today Richard! I am also. I would say considering the type of organizations Visa, PayPal and MC are of course they do not want to do business with the likes of WikiLeaks. Any body who allows truth to be told is the enemy, The battle is on.
    8 Dec 2010, 10:08 AM Reply Like
  • Tom Au, CFA
    , contributor
    Comments (6775) | Send Message
     
    The world is too "interconnected" for its own safety.
    8 Dec 2010, 10:10 AM Reply Like
  • lower98th
    , contributor
    Comments (1420) | Send Message
     
    Wow. So without any due process, supposed intermediaries like Visa MC etc can unilaterally decide where you are allowed to spend your own money?
    8 Dec 2010, 10:14 AM Reply Like
  • Hubert Biagi
    , contributor
    Comments (689) | Send Message
     
    yes, these are businesses, don't know what "intermediaries" means, maybe you refer to peoples politico, lol...
    8 Dec 2010, 10:33 AM Reply Like
  • Humble Value Miner
    , contributor
    Comments (405) | Send Message
     
    US is becoming China. Oh well at least Chinese don't say they are a democracy. I have no words about these intermediaries becoming Judges and Courts without any process.
    This stuff is becoming one of the most severe attack against liberty after the sad "Patriot Act". I will never repeat enough the words of Benjamin Franklin "They who would give up an essential liberty for temporary security, deserve neither liberty or security"
    8 Dec 2010, 10:53 AM Reply Like
  • Hubert Biagi
    , contributor
    Comments (689) | Send Message
     
    WikiLeaks is using thousands and thousands illegally obtained, classified documents. Has nothing to do with liberty. In fact, the founding fathers envisioned a democratic Republic, where the vote was only granted to men who owned land, and those trusted people voted for representatives who, in turn, lead the democracy and made the tough decisions. Today we have perverted that into a direct democracy, where elections have become populist polls and referendums, where propositions unload the tough decisions onto the public, where governments can spend all they want by floating bonds. In fact, your leaders, on both sides, have condemned WikiLeaks as illegal and destructive. I know of no dissenting opinion in any of the branches of government. What don't you understand?
    8 Dec 2010, 11:19 AM Reply Like
  • cbc
    , contributor
    Comments (411) | Send Message
     
    "Today we have perverted that into a direct democracy, where elections have become populist polls and referendums, where propositions unload the tough decisions onto the public, where governments can spend all they want by floating bonds."

     

    Then use the same "perverted government" opinion to support your claim that it has nothing to do with liberty. What don't you understand?

     

    Maybe there is no dissenting opinion in our government. They play on the same team. However other governments feel otherwise.

     

    "FOREIGN Minister Kevin Rudd has blamed America for the controversial release of thousands of classified documents by WikiLeaks, in an interview published today."

     

    Read more: www.news.com.au/world/...
    8 Dec 2010, 11:38 AM Reply Like
  • Hubert Biagi
    , contributor
    Comments (689) | Send Message
     
    My statement was "we have perverted", that means you and me, lol. However, continue your rant, by all means. WikiLeaks is still an illegal operation.
    8 Dec 2010, 11:59 AM Reply Like
  • Humble Value Miner
    , contributor
    Comments (405) | Send Message
     
    ...my "leaders"? I want to take my own decision with my own brain, while I am still allowed to use it and before it is too late...
    I am not kidding... the most famous democratically elected "leader" in Europe was Hitler, in case you forgot. Yes, he was regularly elected, without frauds, in times of serious economic depression... please think about this.

     

    As far as I have been able to read WikiLeaks is journalism. Journalism is always questionable (a lot of journalism sucks!), very often it relays on leaks, sometimes it is inaccurate, sometimes it is even false, but it is the basic part of our freedom. What is happening is called censorship (wikileaks site blocked) and authoritative abuse (money transfers and bank accounts blocked without a regular process).

     

    As for the destructive concern, by the way WL screened all the documents and they will not release some.
    But the real question is, If the documents released are actually so destructive, why were they so insufficiently protected? We read them now, but you can bet Russia, Libya, Iran (and more...) did already know them. Do you really believe they are sooo stupid? And, Mr. Intelligent Diplomat, if you have important contacts at peril, your write their real names on a computer? Really? Are you kidding?

     

    Also, what Judge allowed PayPal / MasterCard / Visa to interrupt their job (PayPal boss explicitly talked about State Department pressures)? Is Mr. Assange a rat? Are constitutional rights dead?

     

    And let's talk more about business, as we are here. Think I am a boss of a foreign company. Hey, what is happening actually means that if I run my business relaying on US companies (Visa, PayPal, etc.), then, if Uncle Sam wants, they can suddenly close/sequestrate my wallet without a regular process. This is terrible. If this goes on this way, Colombia will be a more reliable business partner...

     

    Last but not least, to authoritatively say that something is illegal without process is usual for totalitarianism and dictatorships. This was Cuba / Russia / China, I can't believe this pertains to USA / Europe. I guess terrorists have finally won, if we disown our principles this way...
    8 Dec 2010, 05:59 PM Reply Like
  • cbc
    , contributor
    Comments (411) | Send Message
     
    All excellent points, but you are pissing in the wind. Hubert is brain dead. Don't waste your valuable time on the idiot.
    8 Dec 2010, 06:13 PM Reply Like
  • Hubert Biagi
    , contributor
    Comments (689) | Send Message
     
    Ah, I always LUV the classic wacko reaction... insult the poster.
    8 Dec 2010, 06:42 PM Reply Like
  • cbc
    , contributor
    Comments (411) | Send Message
     
    I am sorry I wasted my time on you. Never again.
    8 Dec 2010, 12:08 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|