The Federal Reserve refuses to disclose where trillions of dollars in bailout money went and yet the FTC is more concerned about snooping into the financial affairs of bloggers who make a few bucks off affiliate relationships, according to new guidelines set to be introduced later this year that would give the government a foot in the door to regulate and shut down blogs for making “false claims”.

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The Australian government is set to impose Chinese-style Internet censorship by enforcing a universal national filter that will block websites deemed “controversial,” as part of a wider agenda to regulate the Internet according to free speech advocates. A provision whereby Internet users could opt out of the filter by contacting their ISP has been stripped from the legislation, meaning the filter will be universal and mandatory. The System Administrators Guild of Australia and Electronic Frontiers Australia have attacked the proposal, saying it will restrict web access, raise prices and slow internet traffic speeds. by Paul Joseph Watson

As the Times Online reports, the corporate behemoth Microsoft is on the verge of unleashing a technology capable of eliminating “green inkers” and conspiracy theorists. “Microsoft has just been awarded a patent for technology designed to automatically detect and remove ‘undesired words or phrases’ from all manner of digital communications, ranging from YouTube broadcasts to internet chat and songs,” writes Mark Harris.

The geniuses at Homeland Security who brought you hare-brained procedures at airports (which inconvenience travelers without snagging terrorists) have decreed that October is National Cyber Security Awareness Month. This means The Investigator -- at the risk of compromising national insecurities -- would be remiss not to make you aware of the hottest topic in U.S. counterintelligence circles: rogue microchips. This threat emanates from China (PRC) -- and it is hugely significant. -Robert Eringer

Both individual proposals to roll out free nationwide wi-fi Internet access across the United States contain language indicating that political websites deemed “offensive” will be filtered out and blocked. -Paul Joseph Watson

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Two articles of interest come to mind. The first from the Washington Post, headlined Al-Qaeda’s Growing Online Offensive by Craig Whitlock. The article’s six pages detail all the inroads Al-Qaeda has made online, “advancing its ideas and propaganda, the struggle for hearts and minds . . ."

The seamless world of the Internet has broken open the physical barriers that existed across regions on the Globe. Today, therefore, you could be sitting in Munich and buying goodies from Seoul. Very convenient, and thrilling. But, when you pay for your goodies and swipe you’re Credit Card, are you sure, you are paying only for what you paid for?