A group of technology companies, including Facebook Inc., Google Inc. and Apple Inc., opposed the bill because of what it called an “unacceptable loophole that could enable the bulk collection of Internet users’ data.”
Politically, 2013 was the year of snatching defeat from the jaws of victory. First the GOP followed the direction of Junior Senator Ted Cruz (R Tex.) down a dark alley in a fight they were guaranteed to lose, and, then with the GOP on the ropes, the President and his team botched the roll-out of the Affordable Care Act website. In the markets all eyes were on Federal Reserve mainly because Congress abdicated all responsibility for moving the economy forward to Ben Bernanke, who finally signaled the beginning of the end of QE3.
The quantitative easing program is based on the Fed’s assessment of the U.S. economic condition and that portends an assessment that the economy is not improving according to what they consider acceptable.
U.S. Treasury Secretary Jacob J. Lew called on China to adopt more market-oriented policies and drew a distinction between industrial espionage and the cyber warfare and spying that governments undertake.
Intelligence-gathering efforts by the U.S. have helped prevent more than 50 terrorist attacks in more than 20 countries, including one planned at the New York Stock Exchange, government officials said.