Skip to comments.EXCLUSIVE - U.S. to let spy agencies scour Americans' finances
Posted on 03/13/2013 6:30:59 PM PDT by Evil Slayer
(Reuters) - 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.
The proposed plan represents a major step by U.S. intelligence agencies to spot and track down terrorist networks and crime syndicates by bringing together financial databanks, criminal records and military intelligence. The plan, which legal experts say is permissible under U.S. law, is nonetheless likely to trigger intense criticism from privacy advocates.
Financial institutions that operate in the United States are required by law to file reports of "suspicious customer activity," such as large money transfers or unusually structured bank accounts, to Treasury's Financial Crimes Enforcement Network (FinCEN).
The Federal Bureau of Investigation already has full access to the database. However, intelligence agencies, such as the Central Intelligence Agency and the National Security Agency, currently have to make case-by-case requests for information to FinCEN.
The Treasury plan would give spy agencies the ability to analyze more raw financial data than they have ever had before, helping them look for patterns that could reveal attack plots or criminal schemes.
The planning document, dated March 4, shows that the proposal is still in its early stages of development, and it is not known when implementation might begin.
Financial institutions file more than 15 million "suspicious activity reports" every year, according to Treasury. Banks, for instance, are required to report all personal cash transactions exceeding $10,000, as well as suspected incidents of money laundering, loan fraud, computer hacking or counterfeiting.
"For these reports to be of value in detecting money laundering, they must be accessible to law enforcement, counter-terrorism agencies, financial regulators, and the intelligence community," said the Treasury
(Excerpt) Read more at reuters.com ...
Elect a socialist?
Sorry —you get a fascist:
Drones, the ammo, the MRAPs, the urban military exercises....IT NEVER ENDS WITH THIS INSECT.
Time to take the money out and put it under the mattress.
FinCen has a LOT more than just SARs and financial records.
about to say the same.
He;s not even a socialist, this man is basically a communist or as you say a fascist.
Is this America anyone with all this homosexuals crap, woman in combat units,, letting illegals go, giving guns to Mexican drug lords, going to sleep as Americans are attacked and lying, not letting the people who survived that attack be asked questions, appointing illegal positions.
The list is endless and now going after the right to self defence.
Then the stupid party sits down for dinner , has a meeting and think he;s a good guy again.
The Obama regime. Taking Nazism to the next level!
checking your 410k for loot, err, I mean, revenue.
I thought American’s finances already had the scours?
Yep. Obamacare will open the doors to your banking information even wider. They are ready to slap liens against you and garnish bank accounts if you don’t obey. The man is the devil incarnate.
Interesting fact: In Luke 10:18, Jesus says, I beheld Satan as lightning fall from heaven. KJV. The word for lightning is baraq in Hebrew. In Aramaic its beraq. In Hebrew, “bamah is pronounced U-bamah or O-bamah and is translated literally as Lightening from the heights.
Just perfect. We can’t make a business wire transfer now to some places without it going missing. Missing. By that I mean we send it and find out from the receiver that they didn’t get their money. We trace it and find it has been “held” by the feds. They are waiting to see if someone squawks. Bastards and bastard criminals make us all suspects.
To paraphrase a saying from the Vietnam era, “We have to destroy America in order to save it.”
The terrorists are our own government but the destruction will be just as real.
I’ve always thought 0bama may be the antichrist. Those that are more versed in theology than I am say he is not, but he is as close as I want to see.
Obama isn’t the anti Christ. He is a clown foisted upon us by rich industrialists and the Northeast liberal establishment in order to protect their wealth.
He was raised by communists and taught by criminals. Add in being untouchable because of his race and you have the perfect Manchurian Candidate.
Nothing more, nothing less.
...a massive database that contains financial data on American citizens and others who bank in the country... to spot and track down terrorist networks and crime syndicates by bringing together financial databanks, criminal records and military intelligence.
“U.S. to let spy agencies scour Americans’ finances”
CIA and DIA will kill all commie spies who scour Americans’ finances.
Not THAT exclusive.
Hmmm.... more than interesting.
And I can still remember the liberals screaming bloody murder over listening in on terrorists calling overseas.
while this admin’s union thugs put their hands in little kids underwear at airports, say they can kill americans with drone strikes anywhere in the world, and now this.
The grandness of our buildings in DC was valid for men like Washington, Jefferson, and Lincoln - but that type of grandness is wasted on the used car salesmen types we send to Washington now...
Time to get real...
So somewhere on the planet this hasn’t led to confiscation?
Direct cause and effect of universal suffrage
“The proposed plan represents a major step by U.S. intelligence agencies to spot and track down terrorist networks and crime syndicates...”
Obama meaning - all American conservatives.
He’s not the anti-christ, but he’s sure as hell a minion.
Being “undocumented” looks pretty damn good right now.
I feel like Cool Hand Luke and just wish my government would stop being so good to me.
> Ive always thought 0bama may be the antichrist. Those that are more versed in theology than I am say he is not, but he is as close as I want to see.
I think that is because there are indications he will have European blood in his veins but many theologists forget BHO’s white blood coursing through his veins where many of the Caucasians originated from
The Fourth has been dead [or as close to it as possible] for a while; the recent USSC ruling that "police dog = search warrant" was merely holding the pillow over the face. -- The War on Drugs has always been deleterious of the fourth, and with the TSA the government has been conditioning people to sit-down-and-shut-up. In fact, TSA was a brilliant (even if utterly evil) piece of work: they conduct Fourth Amendment violations as a mater of routine and anybody who dissents is silenced... usually by their fellow citizens.
Universal Suffrage means that we spread the suffering around to everybody, right?
Fascism is socialism with snappier uniforms.
They need this for obamacare
HR 4872 - Enable the real-time
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(D) enable the real-time (or near real23
time) determination of an individuals financial
24 responsibility at the point of service and, to the
25 extent possible, prior to service, including
VerDate Nov 24 2008 23:53 Mar 17, 2010 Jkt 089200 PO 00000 Frm 01098 Fmt 6652 Sfmt 6201 E:\BILLS\H4872.RH H4872 dcolon on DSK2BSOYB1PROD with BILLS
HR 4872 RH
1 whether the individual is eligible for a specific
2 service with a specific physician at a specific fa3
cility, which may include utilization of a ma4
chine-readable health plan beneficiary identi5
6 (E) enable, where feasible, near real-time
7 adjudication of claims
enable the real-time (or near real time) determination of an individuals financial responsibility at the point of service and, to the extent possible, prior to service, including whether the individual is eligible for a specific service with a specific physician at a specific facility, which may include utilization of a machine-readable health plan beneficiary identification card;
They intentionally did not put a right to vote into the Constitution because they knew that the sovereign States should determine who could vote,and that stupid lazy demented parasites in particular should be banned from the polls.
In fact and to this day, there has not been an amendment passed that would prohibit a state from disenfranchising any resident who is on welfare or who collects unemployment for a ridiculous amount of time.
The ball is in the court of states like Texas and Idaho and the Dakotas to lead.
*sigh* -- I suppose I should have included a sarc-tag or smiley.
At the first the system was set up so that landowners and those paying a poll-tax could vote; under the assumption that only those paying into the system should vote. Then that requirement was dropped and it was open to men, which was not in itself a bad thing -- it had the effect of giving all the heads-of-household a say in the system. But by allowing women to vote (universal suffrage) there was a de-focusing of familial-responsibility and refocusing on the individual (not even responsibility, just the individual), it is that which has allowed for the development of ever encroaching federal government via social programs (just look at the extortion-power wielded by merely suggesting that Social Security won't be paid out).
Mommy Goverment. Outstanding point.
When Bush pushed the Patriot Act lots of conservatives said “If you haven’t done anything wrong why should you worry?” Every thing you listed is just one reason why everyone should have worried.
If he’s not the AC then why is almost every politician from every party afraid of him?
WAR IS PEACE
FREEDOM IS SLAVERY
IGNORANCE IS STRENGTH
The fourth amendment has been lost down the memory hole.
And of course the lesson from the ANIMAL FARM, all animals are equal but pigs are more equal.
“...but that type of grandness is wasted on the used car salesmen types we send to Washington now...”
That comparison is very unfair ...to used car salesmen.
We should go back to the requirement that used to exist in some places that a voter must be able to demonstrate the ability to read, write and understand the constitution. That requirement for understanding the constitution would eliminate possibly ninety plus percent of Americans including most of our elected officials.
Unfortunately, having to demonstrate the ability to understand the constitution would eliminate the majority of the supreme court from voting also, including the current chief justice.