âIt’s just crazy, you know? Everyone’s affected by it. It’s like all the money just vanished.â â South Park
James Bondâs doorbell goes:Â Dong, Ding Dong.
As Iâve mentioned before, Pa Wilder was a banker at a small-town bank that mainly served small farmers. I can recall (in one of my earliest memories) that a savings account was opened for me. This account was fairly small in the amount of money that was in it, but Pa made me go to the teller and deposit the money that I had earned.
I had earned the money in the most Wilder way possible:  by being five and being completely un-babysittable. Ma Wilder needed to go in to help Pa out at the bank and train someone so she could stay home and keep the 3â10â (34 liter) rodeo clown she lived with (me) in line. Apparently, I was against this plan, because I ran off at least two babysitters in as many days.
Even then, I was difficult to get along with.
At the time, Ma and Pa offered me $20 per week if I would just be good, come home from school and watch re-runs of Star Trek®, and not burn the house down in the three hours between when I got off the bus and when Ma Wilder got home. Even as a kid that sounded like a good deal to me. I could try to burn the house down after Ma got home just as easily as when she wasnât there. I call that a win-win.
When Ma and Pa paid up, I was owed the princely sum of $100. Pa Wilder took me down to the bank, and they opened a savings account for me. I received a savings âpassbook,â which was a little book where the teller wrote down my deposit, and then wrote it down on a corresponding card that showed how much money I had in the bank and had my account number on it.
Of course, I then announced that I was moving out. I figured I could live for quite a while on $100. When Ma then described exactly how many loaves of bread that would buy, I did the math and decided I wouldnât run away just yet.
But snakes canât rob banks. Theyâre unarmed.
The passbook was fascinating to me, though.
It, along with the little card showed how much money I had in the bank. The bank would take all of the accounts and save all of the transactions at some frequency (I donât know how often but I think it was monthly) on a computer in Capital City, which was hundreds of miles away. So, the records were backed up, but the primary record was paper â the account card at the bank, and in my passbook â which had official meaning, Pa told me â it would be difficult to take money out without one, and theyâd have to issue a new one if I lost mine.
I hadnât thought about my first savings account in years â the passbook was a thing of the past before I was eight â replaced by computer statements sent out monthly, but it provided a view of another world. I drained all of my money at age 13 to buy a motorcycle, so that account ceased to exist even before I got a Social Security Number.
Likewise, I hadnât thought about that passbook until last Sunday, but oddly enough it was computers that brought it to mind.
My computer is so old, that when I upgraded memory they just added more beads.
On Sunday, it was announced that the Department of the Treasury was hacked (LINK). A program made by the company SolarWinds® was allegedly hacked by the Russians. But it wasnât hacked on Sunday â it is possible the system had been hacked as far back as this spring, according to the news. The same news that said that:
- Russians hacked the 2016 election,
- Hunter Bidenâs story was nothing,
- Iraq had Weapons of Mass Destruction, and
- Pepsi® tastes better than Cokeâ¢.
I am not sure I believe that they even know who did the hack, or when the hack was done. Given that itâs only been a week, Iâm pretty sure they have no idea what information is gone, or if any information has been changed. Thatâs scary.
So, letâs call that dot number one.
I also read about dot number two on Sunday. This particular dot was that the names of tens of thousands of Chinese Communist Party (CCP) members working in Western companies had âaccidentallyâ made public. Thousands of them work in the United States, and thousands more across the West. As an example, 600 CCP members work across 19 branches of just two British banks, HSBC and Standard Chartered (LINK).
Of course, itâs not just banks, itâs Boeing® and Google⢠and Facebook©, too. But the banks caught my attention.
Was it always so lonely in the Empire?
Dot number three Iâve known about for several years: the Chinese arenât planning to re-fight World War II, or even any of the Gulf Wars. They have seen the stunning power of the United States military, and understand the United States has spent trillions of dollars to defeat the Soviet Union in a war that never came. Tanks? The chances of tank warfare with the Chinese are slim. The chances of them engaging the United States in a stand-up military conflict are likewise slim.
The Chinese are very smart, and have taken defeating the United States seriously â they have been thinking since (at least) the 1990s of ways to defeat America, in detail. Iâd read some of this strategy before, and it is probably worth a post on its own.
Here is the .pdf of Unrestricted Warfare, by Qiao Liang and Wang Xiangsui (LINK). Thankfully, at least someone in the .mil part of the world has read this â hereâs a link to an article about Unrestricted Warfare from the Army University Press (LINK). H/T to Vox Day for reminding me of this information (LINK).
If I were going to fight the United States, I wouldnât waste my time attempting to build billions of dollars of aircraft carrier and then spend decades trying to learn how to use them well. I wouldnât try to send millions of men in a mass-wave attack. Where would I attack?
Itâs too late for me, though, my Chinese vacuum has been gathering dirt on me for years.
Well, itâs obvious that the Chinese have tried to influence the politics of the United States â how many different politicians have been Fang-Fanged (LINK) by the Chinese has yet to be counted. But there are lots â the Chinese have attempted to find younger, up and coming politicians and reach them early. Again, a great strategy: why fight if you already can influence the leadership of your enemy?
But perhaps, one day thatâs not enough. Perhaps one day, itâs required to neutralize the United States.
How would I do it in a single day?
If I were going to attack the United States, I would attack Bank of America© and all of the other large banks. I would attack the Treasury. I would attack the Federal Reserveâ¢.
What would happen if, one day, all of the Bank of America® accounts read zero? What would happen if the Fed® started spasming out trillions of perfectly legal electronic dollars to banks all across the world? What would happen if the Treasuryâs computer suddenly forgot who owned all of those electronic savings bonds in the Treasury Direct accounts?
What if every record of every transaction on the NASDAQ® disappeared overnight?
Chaos.
And only one color of dot. I guess going first matters.
Three dots does not make a big dot-to-dot puzzle. But if America was surprised by Pearl Harbor, how surprised would they be if every bank account in the country read zero one fine Monday morning? Iâm not saying it will happen â most internet hacks are the equivalent of defacing a poster on the outside of a movie theater.
But if it were to happen, would you think the system where the teller stamped your bank book and then updated the card that had your bank account information on it had some merit?
Sleep well tonight!