All Your Banking Data is Compromised, Now

The other day, when I mentioned Scott Brown being just another one of the guys; once again and hardly surprising; voting with the Democrats in the passing of the alleged financial reform bill, I was unaware of the following aspect of the bill, which will allow another atrocious intrusion into individuals’ private lives.

Senate Democrats united to pass a financial regulatory bill that allows the government to collect data on any person operating in financial markets at any level, including the collection of personal transaction records from local banks that list customers’ addresses and ATM receipts.

Private lives are dead.

Senate Democrats Pass Bill Allowing Govt to Collect Addresses, ATM Records of Bank Customers

Linked via Claire Wolfe.

Posted by .(JavaScript must be enabled to view this email address) on 05/27 at 04:12 PM

  1. Has this bill been reconciled with a house versions?  In other words, is it ready for the prez to sign.  I have heard from various sources that when you add the control over the economy this will bring to takeover of the health care sector, the big 3 automakers and all the other takeovers in this administration, the fed.gov will control over 60% of the economy. 

    If that’s true, the country is done.  We become a socialist republic.

    Posted by SiGraybeard  on  05/29  at  04:04 PM

  2. Has this bill been reconciled with a house versions?

    Graybeard, I am uncertain about this, but I’ll probably dig around a bit and see if I can find out definitively.

    If that’s true, the country is done.  We become a socialist republic.

    America has been in the process of becoming a socialist republic for decades, now.

    Posted by John Venlet  on  05/30  at  12:29 PM

  3. America has been in the process of becoming a socialist republic for decades, now.

    Oh, I’m painfully aware of that.  It’s just that if this becomes law, it ends the transition.  We will be, at best, an over-taxed European-style social democracy.  VAT is next.

    Posted by SiGraybeard  on  05/31  at  10:57 AM

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