Found this transcript while replying to a thread on FR.
60 MINUTES
Television Broadcast February 27, 2000
ECHELON; WORLDWIDE CONVERSATIONS BEING RECEIVED BY THE ECHELON SYSTEM MAY FALL INTO THE WRONG HANDS AND INNOCENT PEOPLE MAY BE TAGGED AS SPIES
STEVE KROFT, co-host:
If you made a phone call today or sent an e-mail to a friend, there's a good chance what you said or wrote was captured and screened by the country's largest intelligence agency. The top-secret Global Surveillance Network is called Echelon, and it's run by the National Security Agency and four English-speaking allies: Canada, Great Britain, Australia and New Zealand.
The mission is to eavesdrop on enemies of the state: foreign countries, terrorist groups and drug cartels. But in the process, Echelon's computers capture virtually every electronic conversation around the world.
How does it work, and what happens to all the information that's gathered? A lot of people have begun to ask that question, and some suspect that the information is being used for more than just catching bad guys.
(Footage of satellite; person talking on cell phone; fax machine; ATM being used; telephone pole and wires; radio towers)
KROFT: (Voiceover) We can't see them, but the air around us is filled with invisible electronic signals, everything from cell phone conversations to fax transmissions to ATM transfers. What most people don't realize is that virtually every signal radiated across the electromagnetic spectrum is being collected and analyzed.
How much of the world is covered by them?
Mr. MIKE FROST (Former Spy): The entire world, the whole planet--covers everything. Echelon covers everything that's radiated worldwide at any given instant.
KROFT: Every square inch is covered.
Mr. FROST: Every square inch is covered.
(Footage of Frost; listening post)
KROFT: (Voiceover) Mike Frost spent 20 years as a spy for the CSE, the Canadian equivalent of the National Security Agency, and he is the only high-ranking former intelligence agent to speak publicly about the Echelon program. Frost even showed us one of the installations where he says operators can listen in to just about anything.
Mr. FROST: Everything from--from data transfers to cell phones to portable phones to baby monitors to ATMs...
KROFT: Baby monitors?
Mr. FROST: Oh, yeah. Baby monitors give you a lot of intelligence.
http://cryptome.org/echelon-60min.htm
