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Obama Administration To Allow All Spy Agencies To Scour Americans' Finances
New submitter KrisJon writes "The Obama administration is drawing up plans to give all U.S. spy agencies full access to a massive database that contains financial data on American citizens and others who bank in the country, according to a Treasury Department document seen by Reuters. Financial institutions that operate in the United States are required by law to file reports of 'suspicious customer activity.' A move like the FinCEN proposal 'raises concerns as to whether people could find their information in a file as a potential terrorist suspect without having the appropriate predicate for that and find themselves potentially falsely accused,' said Sharon Bradford Franklin, senior counsel for the Rule of Law Program at the Constitution Project, a non-profit watchdog group."
That's the beautiful two party system for you. Two fucked choices both backed by banks and hollywierd.
Fucking hell.
The banks are certainly not endorsing the limits the Obama Administration keeps trying to place on them.
It's almost like there wasn't a global recession kicked off by endemic banking fraud, quickly followed by Republicans who've done their damndest to stifle regulatory solutions to keep it all from happening again.
Letâ(TM)s just say it: The Republicans are the problem.
http://articles.washingtonpost.com/2012-04-27/opinions/35453898_1_republican-party-party-moves-democratic-party
There are plenty of big bright lines composed of objective factors which leave little or no room for interpretation.
Anyone still pushing "both parties are bad" needs to pull their head out of their asshole.
[Fuck Beta]
o0t!