Senate Democrats Pass Bill Allowing Govt to Collect Addresses, ATM Records of Bank Customers

CNS ^ | 5/21/10 | Matt Cover

[pissant]

Senate Democrats united to pass a financial regulatory bill that allows the government to collect data on any person operating in financial markets at any level, including the collection of personal transaction records from local banks, including customers’ addresses and ATM receipts.

The Senate voted 59-39 on Thursday to pass the bill – the chief aim of which is to more-heavily regulate the financial industry – sending it to a conference committee in the House of Representatives, where differences between the House and Senate versions will be ironed out.

The bill, if it becomes law, will create the Bureau of Consumer Financial Protection and empower it to “gather information and activities of persons operating in consumer financial markets,” including the names and addresses of account holders, ATM and other transaction records, and the amount of money kept in each customer’s account.

[pissant]

Scott Brown my hero./s

[highlander_UW]

Big brother just got bigger. Time to start paying for stuff with cash...not that I have anything to hide, but I refuse to make it easy for a totalitarian regime to gather any info.

[jeffc]

21st century version of 1930’s Germany.

[ScottinVA]

Thanks, Sen. Brown for standing up for the common folk. NOT!!!!

[FlingWingFlyer]

Orwell is out there somewhere smiling right now and saying, “I warned you”.

[combat_boots]

This will be used for death care payments, etc., along with targeting political enemies, per the IRS.

[SeekAndFind]

They will spend more money snooping on American Citizens, but when it comes to enforcing immigration laws, they do nothing. Yet, we keep electing this scums to congress.

[ConservativeMind]

Scott, you are an @sshole. But at least you are a little less liberal, overall, than other Mass. @ssholes.

[Repeat Offender]

Yeah, I'm definitely moving towards using cash only when I can and keeping everything under my mattress.

Of course buying guns over the internet with a bank card is just plain fun. Especially when you follow it up with a bulk order of several thousand rounds of ammunition.

[OneWingedShark]

...wow.
Big brother is watching you.

[avacado]

I thought the Senate had to have 60 votes?

[combat_boots]

For savings, IRAs and other accounts, too? Anyone know?

[ExTexasRedhead]

Any news yet on wearing Stars of David or Crosses or anything indicating that you’re a Conservative, member of the NRA? No doubt that will be in “Big Brother’s database.” Then it will be much easier for the Death Panels to access info on which to deny you care. The Thug Regime and the Congressional Gestapo’s Holocaust is taking shape.

[montag813]

Funny how we only find out about this monstrous 5th Amendment violation AFTER they pass it! Thanks Scott Brown, you stupid jock.

[pissant]

No. 60 votes was to break the fillibuster. Scott voted to break that too. He’s a frickin nightmare.

[UCANSEE2]

This will be used for death care payments, etc., along with targeting political enemies, per the IRS.

It could easily be used to blackmail 'potential' donors to the Democratic Party Fund.

[Man50D]

Pull your money out of the banks.

[ctdonath2]

Use FOIA to demand personal records they’ve acquired, then use 4th Amendment to demand purging thereof.

[knittnmom]

Trouble is, I usually get my cash through the ATM. :-)

[combat_boots]

Call them who they are: commie czars.

It’s “Tradition.”