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Bailout Bill Would Require Banks to Track and Report Personal Checking Accounts to Feds
biggovernment.com ^ | April 29,2010 | Capitol Confidential

Posted on 04/29/2010 5:32:56 PM PDT by Ernest_at_the_Beach

click here to read article


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I am assuming an image is eventually going to show up.....
1 posted on 04/29/2010 5:32:56 PM PDT by Ernest_at_the_Beach
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To: All

Not sure what is going on,....website hints there is an image in the white spaces...


2 posted on 04/29/2010 5:35:24 PM PDT by Ernest_at_the_Beach ( Support Geert Wilders)
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To: Ernest_at_the_Beach

So how are they going to track what I have in my mattress? Guess they want a run on the banks next.


3 posted on 04/29/2010 5:36:28 PM PDT by Hattie
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To: Ernest_at_the_Beach

Hey who needs a four amendment ... no search warrant, and we are worried about illegals being demanded to produce their papers to LEOs.

Hah, tyranny Kenyan style.


4 posted on 04/29/2010 5:38:14 PM PDT by Tarpon ( ...Rude crude socialist Obama depends on ignorance to force his will on people)
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To: Tarpon

WTF...lock and load!


5 posted on 04/29/2010 5:41:02 PM PDT by ldish (Looking forward to Independence Day)
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To: Tarpon

This type of regulation will just drive money out of the banks and those deposit accounts mutiply into loans to customers.
The govt and IRS can already get those records any time they want them. They don’t need them from citizens until they have just cause.


6 posted on 04/29/2010 5:41:05 PM PDT by Oldexpat
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To: Ernest_at_the_Beach

Senator Dodd is a Commie Criminal pure and simple!
If Lady Justice were to be served, he would be tarred and feathered, and run out of country tonight! IMHO


7 posted on 04/29/2010 5:42:55 PM PDT by J Edgar
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To: Oldexpat

This is total invasion of privacy.

Where is the ACLU? Yeah I know, Pres Wilson formed them to destroy America.

And about those medical records going to the government.


8 posted on 04/29/2010 5:48:48 PM PDT by Tarpon ( ...Rude crude socialist Obama depends on ignorance to force his will on people)
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To: Ernest_at_the_Beach

Power hungry, over reaching, pot smoking, addled brained ... IDIOTS!!!!

Bank of Sealy, here we come!!!


9 posted on 04/29/2010 5:55:26 PM PDT by TruthConquers (Delendae sunt publicae scholae)
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To: All; NormsRevenge; Grampa Dave; SierraWasp; Marine_Uncle; BOBTHENAILER; onyx; SE Mom; blam; ...

Comments (115) at the website....might be something in them.


10 posted on 04/29/2010 5:56:58 PM PDT by Ernest_at_the_Beach ( Support Geert Wilders)
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To: Ernest_at_the_Beach
There must not be enough Suspicious Activity reports being filed under current regulations.

(So how's that drug war going, drug warriors?)

11 posted on 04/29/2010 6:00:12 PM PDT by Ken H
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To: Ernest_at_the_Beach

The entire “reform” is an outrageous intrusion into our privacy and a huge government takeoever, and the screams would be heard all over LSM were it a GWB/GOP “reform bill.”


12 posted on 04/29/2010 6:00:45 PM PDT by onyx (Sarah/Michele 2012)
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To: All
From the comments:

Between this and the bill's requirement to file 1099s for any payment of over $600/year (rent, services, repairs, anything), I can see why they are going to need 16,000 new tax agents.

They want to document who gets what, when, where, how and why. This will come in handy for tax policy and figuring out who they should nationalize next.

13 posted on 04/29/2010 6:01:05 PM PDT by Ernest_at_the_Beach ( Support Geert Wilders)
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To: Ernest_at_the_Beach

Feingold, are you still day dreaming about the “warrantless wiretaps” of yore?


14 posted on 04/29/2010 6:01:41 PM PDT by Gene Eric (Your Hope has been redistributed. Here's your Change.)
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To: onyx
More from the comments:

I heard this was in there and does not surprise me a bit.

The health care bill also has massive economic domestic spy features embedded into it with national ID cards and ability to track and enforce private accounts -- so that they can be debited remotely for amounts claimed by the IRS. The NSA is also putting massive supercomputers in the mountains of Utah with the goal of tracking all computer activity in the world.

This is command and control of individual private property owned by individuals. Cass Sunstein is on record as saying that he does not believe money belongs to individuals, he says it belongs to the government, because they print it!
.

15 posted on 04/29/2010 6:04:47 PM PDT by Ernest_at_the_Beach ( Support Geert Wilders)
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To: onyx
Found something....

***********************************LINK TO BILL************************************

Here's the link to the bill online everybody, but the actual page in question is 1218 on the PDF file:
http://banking.senate.gov/public/_files/Chairmans...

16 posted on 04/29/2010 6:07:51 PM PDT by Ernest_at_the_Beach ( Support Geert Wilders)
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To: Ernest_at_the_Beach; AdmSmith; Berosus; bigheadfred; Convert from ECUSA; dervish; Fred Nerks; ...

Can’t really call Clinton “Bailout Bill”, since he’s remained married for decades. Hasn’t been faithful of course, but has remained married. ;’) Thanks Ernest.


17 posted on 04/29/2010 6:12:55 PM PDT by SunkenCiv ("Fools learn from experience. I prefer to learn from the experience of others." -- Otto von Bismarck)
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To: Ernest_at_the_Beach

This will never pass.


18 posted on 04/29/2010 6:15:23 PM PDT by SumProVita (Cogito, ergo...Sum Pro Vita. (Modified Decartes))
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To: Ernest_at_the_Beach; All

How many bills is this going to be written into?

Hey, folks, have you been sleeping?

It’s already IN the ‘health care’ bill


19 posted on 04/29/2010 6:19:52 PM PDT by maine-iac7
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To: Ernest_at_the_Beach

And these bozos worry about ILLEGAL aliens having to show their papers? This is far worse.


20 posted on 04/29/2010 6:22:39 PM PDT by MizSterious ("Those who make peaceful revolution impossible will make violent revolution inevitable." -JFK)
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