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To: dirtboy
They do not need authorization. Any incursions can be justified as part of the "war against terrorism". If you don't believe me, watch and see. Report back in 2 years, if FR is allowed to exist.
147 posted on 11/14/2002 12:24:05 PM PST by Nuke'm Glowing
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To: Nuke'm Glowing
They do not need authorization. Any incursions can be justified as part of the "war against terrorism". If you don't believe me, watch and see. Report back in 2 years, if FR is allowed to exist.

I work in the financial sector. I am well aware of what my company will be required to send to the feds under the Patriot Act - transactions in excess of $10,000. The feds can build the infrastructure, but there is still no provision to provide that machine all credit card transactions - heck, the feds severely limit what a financial company can do with its own data. And, once again, the feds can't even successfully develop systems for the IRS where almost all the data has a common linking key. What on earth makes anyone think they can create a database with every business transaction in the country, from 25 million businesses? How is that data going to be transmitted? Read? Formatted? Merged? Matched? Hint: it won't.

151 posted on 11/14/2002 12:30:05 PM PST by dirtboy
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