Posted on 09/13/2013 7:56:11 PM PDT by Innovative
Consumer Financial Protection Bureau officials are seeking to monitor four out of every five U.S. consumer credit card transactions this year up to 42 billion transactions through a controversial data-mining program, according to documents obtained by the Washington Examiner.
A CFPB strategic planning document for fiscal years 2013-17 describes the markets monitoring program through which officials aim to monitor 80 percent of all credit card transactions in 2013.
This is one step closer to a Big Brother form of government where they know everything about us, said Rep. Sean Duffy, R-Wis.
(Excerpt) Read more at washingtonexaminer.com ...
And some say, we don't care, we have nothing to hide -- but why should the government know everything about you.
Didn't Obama use some massive data base that helped him getting out his voters?
Of course the IRS scandal is just one example of how information can and is being misused.
Lois Lerner’s Own Words
Emails undercut the official IRS story on political targeting.
http://online.wsj.com/article/SB10001424127887324549004579068914192280866.html
Congress’s investigation into the IRS targeting of conservatives has been continuing out of the Syria headlines, and it’s turning up news. Emails unearthed by the House Ways and Means Committee between former Director of Exempt Organizations Lois Lerner and her staff raise doubts about IRS claims that the targeting wasn’t politically motivated and that low-level employees in Cincinnati masterminded the operation.
In a February 2011 email, Ms. Lerner advised her staffincluding then Exempt Organizations Technical Manager Michael Seto and then Rulings and Agreements director Holly Pazthat a Tea Party matter is “very dangerous,” and is something “Counsel and [Lerner adviser] Judy Kindell need to be in on.” Ms. Lerner adds, “Cincy should probably NOT have these cases.”
For those who rationalize that ‘well, if you’re not doing anything wrong...’, remember that ‘wrong’ is in the eye of the beholder.
The law and the Constitution are all bet meaningless when there’s an agenda to pursue. Political correctness now rules the day.
This will make cash even more attractive, especially for a multitude of politically incorrect, but still legal, purchases of goods and services.
There is no reason for them to do this OTHER than Big Brotherism.
I have been saying for several years that our government is irreparably broken and this is just the latest proof of it!
If our government believes it is capable of monitoring and data-mining 43 billion transactions over a 12 month period, it should be able to devise a way for registered voters to vote only once per election, in one state, and only if living, a citizen, and not a criminal.
The reality is the S.O.B.s already are tracking everything we do. I really mean everything.
The only thing left is to round us up based on their classification of each person and ship us off on rail cars.
It’s here Americans. Ain’t it grand! I’d like another piece of bread and marmalade please. /s
Use cash whenever you can.
Somewhere, either the CFPB, the NSA, the IRS, or some other three letter agency, there’s a file with all donors to Free Republic.
You might think I’ve run out of tin foil, but in your hearts you know I’m right.
I searched several different words in the title because I figured this must have already been posted but it didn’t come up.
www.freerepublic.com/focus/search?s=credit+cards+heated&ok=Search&q=quick&m=all&o=time
“For those who rationalize that well, if youre not doing anything wrong..., remember that wrong is in the eye of the beholder.”
I agree, and yet, these naive people just don’t realize that ‘errors’ can be made with information, your info can get into the hand of criminals, and worse, incorrect information can be planted by someone that doesn’t like you.
The Federal government is nothing less than a criminal gangster syndicate with tanks, guns and nukes. No one should trust them.
Starve The Beast!
Denying the statist's fuel for power is a vote for liberty.
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