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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.
... 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!