So apparently, the NSA is looking at every bit of traffic that crosses an AT&T line without a warrant or reason. Thats everyone in the USA folks. Even if AT&T isn’t your ISP, you use their backbones…they have big stake in the important part of the internet. Most (I think its around 90% or something crazy like that) of the internets US background is held by AT&T.
This would also explain why they want to make a multi-tiered internet where companies that use a lot of bandwidth are charged more. What this would mean is that AT&T would make more money off of companies like Google that already pay for their access.
Sounds like Ma Bell is getting crazy in her old age.