July 31, 2005
RFID Stocks: Investing in the United States Police State
So it has been stated that 1 in 138 US citizens are locked in jail. (which makes me wonder if so many people are criminals then shouldn't the laws be changed? but hey, that is another post...)
To help keep shareholders safe (read making lots of money), and keep the general populous scared (read giving them a reason to give government money to give to shareholders) we need to fight global terrorism (by dropping bombs on weddings and the like) and track everybody and their dog.
Radio frequency identification (RFID) is a somewhat new technology, and recently it was announced that the government wants to use it to help Homeland Security by tracking those who enter the country via the US VISIT program.
I am not sure who is sell the government these RFID components, but if you cross reference large political donations to the republican party and current RFID companies you will probably find a rather safe stock pick if you believe the US can keep it's citizens scared and the current set of clowns stay in control.
IBM, EDS, 3M, VeriSign, and Philips Electronics are a few of the larger companies with some RFID exposure. There are many smaller RFID companies as well, but odds are most of the smaller RFID companies will fail with the exception that a few of them might get bought out by bigger corporations.
Read about the US Government spinning RFID.
Posted at July 31, 2005 8:35 PMInteresting Topic, who ever gets that government contract will be laughing all the way to the bank. I’m thinking (TI) Texas Instruments or Philips Semiconductor plus resent ties to Wal-Mart will give them some “street-cred” because as we all know Wal-Mart runs the world or retail. I also suspect they will sell us on the idea of convince, security and savings…. But it is probably just the mark of the beast, what a crazy world we live in.