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Electronic Transaction Reporting Slipped Into Senate Bill
StealthyRoid writes "The Senate mortgage bill proposed by Sen. Chris Dodd (who was the recipient of a sweetheart deal on his mortgage from Countrywide, one of the beneficiaries of the bill) includes an attempt to sneak into law a requirement that all electronic payment processors send detailed transaction data to the federal government. The proposed law contains an exception for businesses with fewer than 200 transactions or a total value less than $10,000. Quoting FreedomWorks chairman Dick Armey (former House majority leader) from the article: 'This is a provision with astonishing reach, and it was slipped into the bill just this week. Not only does it affect nearly every credit card transaction in America, such as Visa, MasterCard, Discover, and American Express, but the bill specifically targets payment systems like eBay's PayPal, Amazon, and Google Checkout that are used by many small online businesses. The privacy implications for America's small businesses are breathtaking.'" This is the same bill that contains a controversial provision to fingerprint all mortgage brokers.
There is no danger if you have nothing to hide obviously.
But just to be safe, might want to hold out on that "McCain is evil" book purchase. Just in case, you know?
Note to moderators: this entire post, barring this line, is sarcastic.
If he explores all forms and substances Straight homeward to their symbol-essences; He shall not die.
... to tax you with, my dear.
There is a war going on for your mind.
Hey! He still has a few months left. There is a possibility -- however slim -- that TWO good things could come from this administration!
Learning HOW to think is more important than learning WHAT to think.
The real Chris Dodd is a Democrat, but in this case his body has obviously been taken over by those havoc-wreaking Republicans! Invasion of privacy means nothing to them! To think that they have stooped to such base levels of taking over a Democrat's body just to serve their cause!
It is best not to refer to him as a Democrat until it is proved that it is the real Chris Dodd. In fact for the time being it would probably be best to say "A man who claims to be Chris Dodd..."
Now, if it turns out that it is the real Chris Dodd, then of course we have full confidence that his motives are to further, in the best way possible, the social and environmental causes that are vital to this country's continued existence!
Tomato wedge sperm darts that are Republican.
Is it just me, or does this just scream "I want to kill this bill by tacking on all sorts of unrelated things that are completely irrelevant so no one will vote for it, because everyone will hate something about it".
Posting with out proof reading since 2001.
Hey! He still has a few months left. There is a possibility -- however slim -- that TWO good things could come from this administration!
The 1st good thing being he's leaving?and I've read enough comments to know that kdawson is so rabidly biased towards liberals that he/she would NEVER post an article even remotely critical of the democrats.
Obviously this post doesn't exist. I am actually your subconscious and I'm using this comment to urge you to seek help for what must be a rapidly deteriorating psychosis. I may try to alert you in other ways through out the rest of the day. Keep your eyes open for things like dogs loving cats, attractive women flirting with you, or console fanboys of all persuasions living together in harmony; I will only attempt to contact you through paradoxes.
I guess it's also possible that kdawson's account was hacked, but that seems like a long shot.
To be fair to Dodd, _anyone_ could get a sweet deal from Countrywide... that's why they're in so much trouble.