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The Fed Wants to Be Your Facebook Friend
CNBC.com | September 28, 2011 | 11:52 AM EDT

The Federal Reserve is planning on monitoring what you say about it on social media platforms like Twitter and Facebook.

As first reported on Zero Hedge , the Federal Reserve Bank of New York is soliciting proposals from developers for a "Social Listening Platform" that will monitor "the primary social media platforms – Facebook, Twitter, Blogs, Forums and YouTube."

The Fed also states the "Social Listening Platform" to "Handle crisis situations, "Continuously monitor conversations," "Identify and reach out to key bloggers and influencers," and that the software "be able to aggregate data from various media outlets such as: CNN, WSJ, Factiva etc."

The Fed is requesting that all information is provided in real-time and that "sentiment analysis" be a central feature of the developed software.

In other words, the Fed wants anything said about it on a social platform to be categorized as "positive, negative or neutral."

Although the Fed claims its move into the social realm is so that it may better monitor its public perception , some of the paranoids of the blogosphere are screaming Big Brother.

"Said otherwise, the Fed has just entered the counterespionage era and will be monitoring everything written about it anywhere in the world," Zero Hedge writes.

The Economic Collapse blog goes even further.

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