SOMETHING EVERYONE SHOULD KNOW! From the Capital Hill Daily - Your Car is Spying On You Published Thu, Jun 20th, 2013 Marty Biancuzzo, Senior Political Analyst Print This Post Email This Post Think about your morning: You gather the last of your belongings before heading off to work. As you exit the house, you unlock your car. It beeps, the headlights flash, you approach your vehicle and get behind the wheel. You start the engine, back out of the driveway and drive down the road. Whether that drive is one mile or one hundred miles, there’s something that you should know… You’re being tracked. You see, inside your car there’s a “black box” similar to the ones found in airplanes. And it logs all of your information from startup to shutdown. And the government has mandated that every new car sold by September 1, 2014 must have a black box on board. In fact, 96% of all 2013 vehicles have these black boxes. But a couple members of Congress are introducing legislation that would require a user-friendly “off switch.” Origins of Intrusion If you happened to read your owner’s manual cover-to-cover, you’d probably know what I’m talking about. But, if you’re like the vast majority of people on this planet, there’s a strong chance that this is the first you’re hearing about these black boxes. Inside most of today’s vehicles, a recorder the size of a deck of cards is lodged in unspecified locations. This “black box” is called an Event Data Recorder (EDR), and it was initially intended to track “crash data,” which consists of moment-by-moment statistics of the events leading up to a collision. Tracking things like vehicle speed, engine speed, throttle position, braking status, steering angle, force of impact, seatbelt status and airbag deployment. This type of data was initially designed for motor vehicle safety enhancements. But now it’s being used as key evidence in civilian and insurance court cases… No Opting Out The National Highway Traffic Safety Administration (NHTSA) is preparing regulations for full EDR implementation starting next year. The problem is the NHTSA doesn’t want your EDR to have an off switch. Heck, they don’t even want you to know where it’s located. Representatives Mike Capuano (D-MA) and Jim Sensenbrenner (R-WI) want to change that. They believe that you should have full control over your vehicle’s black box. You see, many folks have been completely sandbagged by their EDR in a court of law… a device they didn’t even know was in their vehicle! And Capuano and Sensenbrenner believe that’s totally unfair. The two representatives have proposed legislation that would require every manufacturer to divulge information about the black box before any buyer drives the car off the lot. Additionally, the legislation would give full ownership of the data collected on the black box to the vehicle titleholder. That is, of course, if the titleholder wants the EDR turned on in the first place…which brings us to the most important part of the legislation. Both representatives believe you should have the right to turn off your EDR if you don’t feel like being traced. Profiting From Technology Rapid advancements in data-collecting and tracking technology are putting our privacy in jeopardy. And there’s no question that technological invasion of privacy will be the leading policy conversation in the coming generation. But on the bright side, tracking technology is sure to be one of the leading ways to turn Washington policy into profit… And when it comes to technology in particular, there’s no better expert than Lou Basenese, the Chief Investment Strategist for our sister publication, Wall Street Daily. He’s the leading guru in the world of technology… especially in the realm of small-cap tech companies that don’t have full public exposure and are just about to explode with growth. His research is sought after by some of the world’s leading investors and traders. And Louis is not only a colleague of mine… he’s a mentor. If you’ve been on the fence about investing… if you’re worried that you don’t know what you’re doing… I can assure you that there’s no better man to help you take those first steps. I’d stake my reputation on it. Lou’s track record speaks for itself, and he’s spent years deeply immersed in the technology arena. In fact, he’s spent the last 75 days off the grid, following one of the latest NFC technology companies set to become a staple in mobile wallet protection. The reason I’m mentioning this to you is because Lou has a promotion out right now for his MicroCap Tech Trader service… a weekly advisory where he specifically tells you what companies to invest your money in. He gives you his insights and specific recommendations – I’m talking what stock to buy, methodology behind the trade, what price to buy at, how it’s doing along the way, and finally, alerts when it’s time to get out and take your profits. He holds your hand throughout each and every trade, every step of the way. We saw a tremendous response on Tuesday. If you missed out on signing up, don’t worry. You can check out the promotion by clicking here. However, he’s closing the doors for this price point on Friday. Enjoy, have a great weekend and don’t forget to write in with your feedback on the service. We always love hearing from you! Your eyes on the Hill, MartyB Martin Biancuzzo
Posted on: Thu, 20 Jun 2013 22:51:58 +0000
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