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Senate Democrats Pass Bill Allowing Govt to Collect Addresses, ATM Records of Bank Customers
CNS ^
| 5/21/10
| Matt Cover
Posted on 05/21/2010 12:29:01 PM PDT by pissant
click here to read article
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To: pissant
Just install cameras in our homes and be done with it.
/s
21
posted on
05/21/2010 12:41:30 PM PDT
by
bgill
(how could a young man born here in Kenya, who is not even a native American, become the POTUS)
To: pissant
allowed to use the data on branches and [individual and personal] deposit accounts
for any purpose and may keep all records on file for at least three years and these can be made publicly available upon request.Made public upon who's request? Can we get Brown's and Hussein's records? Oh, yeah, well, never mind.
22
posted on
05/21/2010 12:46:07 PM PDT
by
bgill
(how could a young man born here in Kenya, who is not even a native American, become the POTUS)
To: pissant
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 customers account.
Including the 1099 requirements in the health bill, the occupation government now has full control over all the finances of individual Americans. This is authoritarian fascism at the worst. This will not resolve peacefully.
23
posted on
05/21/2010 12:46:24 PM PDT
by
PA Engineer
(Liberate America from the occupation media.)
To: knittnmom
Trouble is, I usually get my cash through the ATM. :-) Actually, I was more thinking of debit card transactions. I assume that if they can get your records for the ATM they can get counter withdraw records as well.
I suppose you can go to the bank the check is drawn on and cash them, but that is likely traceable as well, although more difficult because it's not running through your account.
It would be ironic if people, while attempting to avoid big brother, shift to cash and the banks will have less deposits, thus less money to lend and the dems have yet again impacted the economy negatively with their totalitarian schemes.
24
posted on
05/21/2010 12:49:08 PM PDT
by
highlander_UW
(First we take down the Democrats, then we clean the Augean stable that is the GOP.)
To: pissant
The bill, if it becomes law, will create the Bureau of Consumer Financial ProtectionYet another secure career path for bureaucrats, who will constantly expand its scope into "other areas".
25
posted on
05/21/2010 12:49:37 PM PDT
by
Oatka
("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
To: pissant
"No. 60 votes was to break the fillibuster. Scott voted to break that too. Hes a frickin nightmare." Thanks for the info. Yep, Scott was only good for giving the Dems a one time jolt when he was elected. He's making the established RINOs blush like school girls he so frikin' RINO.
26
posted on
05/21/2010 12:49:53 PM PDT
by
avacado
To: highlander_UW
I bet I know a way around this. PRESS TWO FOR SPANISH.
27
posted on
05/21/2010 12:50:30 PM PDT
by
massgopguy
(I owe everything to George Bailey)
To: Repeat Offender
Yeah, I'm definitely moving towards using cash only when I can and keeping everything under my mattress. I'm not sure about the security of the bank of ye ole mattress...but if you have sufficient weapons and plenty of ammo it's probably safer there than where the fed can get at it.
Remember, Obamacare gives the gov't the "right" to access your account records to make sure you're buying their authorized and mandated insurance.
28
posted on
05/21/2010 12:51:20 PM PDT
by
highlander_UW
(First we take down the Democrats, then we clean the Augean stable that is the GOP.)
To: pissant
Liberals: driving the people back to the time-honored method of money management.
29
posted on
05/21/2010 12:51:26 PM PDT
by
Albion Wilde
( Racism is the first refuge of liberals. --J.T. Young)
To: pissant
What happened to my Fourth Amendment protection to be secure in my papers from unreasonable search and seizure?
-PJ
30
posted on
05/21/2010 12:53:38 PM PDT
by
Political Junkie Too
("Comprehensive" reform bills only end up as incomprehensible messes.)
To: Oatka
just ask Joe the Plumber how private your financials are.
31
posted on
05/21/2010 12:53:41 PM PDT
by
WOBBLY BOB
("The welfare of humanity is always the alibi of tyrants"-Albert Camus)
To: pissant
I hear ya. Lists should be growing right now, for a list of executive orders a mile long to destroy every aspect of these bull s-— bills day one of the next Republican administration.
32
posted on
05/21/2010 12:54:26 PM PDT
by
DoughtyOne
(Excusaholic: MeCain lost to Jr., RINO endorsements are flying, & you live at 2012 Denial Blvd.)
To: Political Junkie Too
Obama and Reid and Scott Brown don’t care about the Constitution.
33
posted on
05/21/2010 12:54:56 PM PDT
by
pissant
(THE Conservative party: www.falconparty.com)
To: pissant
O.K....so Liberals don’t want the NSA tapping the messages of suspected terrorists...but now our banks have to hand over our ATM records?
34
posted on
05/21/2010 1:08:20 PM PDT
by
Lysandru
To: Lysandru
35
posted on
05/21/2010 1:08:40 PM PDT
by
pissant
(THE Conservative party: www.falconparty.com)
To: pissant
Of course. It all makes perfect sense. Creating a bureaucratic agency to track how much Joe Citizen has in his personal bank account will DEFINITELY keep the Wall Street fat cats from doing shady deals. Yeah, that’s it.
36
posted on
05/21/2010 1:11:38 PM PDT
by
Hoffer Rand
(There ARE two Americas: "God's children" and the tax payers)
To: pissant
Most commentaries are leaving something very important about this bill.
Am I correct in understanding from some other articles that the Consumer Protection Bureau is to be completely housed within the Fed Reserve System via the US Treasury, and immune from further Congressional involvement?
If so, is this not a handing over of the US population lock/stock/barrel for complete monitoring, control of the supragovernmental Fed Reserve System? Are the total finanacial lives of all citizens now in the hands exclusively of the Federal Reserve with the signing of this bill?
The Fed Reserve now owns $2.3 trillion in mortgages, pending is control of all mortgage holders, potential mortgage holders and renters in the country.
With regard to world taxes, which Obama and the Dems seem to want the US citizen to pay directly from ones’ bank account in the future, the mechanism and control for such, thru the Fed Res, is being set up by this legislation, with no recourse for the citizen.
37
posted on
05/21/2010 1:13:26 PM PDT
by
givemELL
(Does Taiwan eet the Criteria to Qualify as an "Overseas Territory of the United States"? by Richar)
To: highlander_UW
I'm pretty sure my mattress is more secure than the bank. The pittance of $$$ I do have......Uncle Scam may just decide that it is more trouble than its worth.
On another thread I contemplated the humor of draining my account via atm $20 at a time...... just to make them wonder. Maybe even cash a bunch of $1 checks. At least it will give the bean counters something to do and delay them from checking into your account.
38
posted on
05/21/2010 1:19:24 PM PDT
by
Repeat Offender
(While the wicked stand confounded, call me with Thy Saints surrounded)
To: ScottinVA
He admitted to agreeing to a quid pro quo, with the quo hidden for now. He hopes to collect the quo from Harry Reid.
HA!
39
posted on
05/21/2010 1:19:34 PM PDT
by
savedbygrace
(Rev 22:20 He which testifieth these things saith, Surely I come quickly. Amen. Even so, come, Lord)
To: Repeat Offender
Here in NEW YORK, we can’t order ammo over the internet!
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