Of course he did not and you nailed his reason.
This gov't is looking at any and all approaches to confiscate our wealth. This Financial Reform Bill gives them the tools to monitor what we have. They will be able to "calculate" how much cash we might have on hand, simply by looking at pay checks, credit cards and what the average person in that neighborhood spends. It is very scary what the government can do and how they can "fill in the blanks" and "connect the dots."
Who's country is it anymore?!! Illegals? Coddled and completely under the radar. Legals and Citizens/Native born (unlike Obama)? No rights!