Posted on 06/20/2008 8:46:21 AM PDT by Dr. Marten
http://www.freerepublic.com/focus/f-news/2033730/posts
and
http://www.freerepublic.com/focus/f-news/2033470/posts
Search based on title :)
Isn’t transaction data available already?
I suppose this is for our own security as well? /sarcasm
Thanks. I searched on Title and Keyword. Not the first time the search function has failed.
Chip, chip, chip.
Ah, my bad. I didn’t realize you’d been around here that long. And yes, the search feature is... finicky.
Someone please explain to me the last line about it raising 9 billion dollars....are they proposing a tax on these transactions?
Its so they can retroactive collect taxes once they implement internet sales tax.
On the surface, it seems like they are eying the seller for not reporting income?? As for the buyer, I think it is just a matter of time before we have to pay sales tax on internet purchases made out of state. Politician aren't going to leave that alone.
Once government does for credit cars what they did for mortgages, we’ll be in fine shape.
This is troubling in two ways, I think.
Number 1, why does the gov’t need to routinely collect information on people’s spending? So many of us use credit cards and debit cards for everyday spending, that a paper trail could be constructed for all of us. Where is our right to privacy, or does that only apply to abortion rights?
Number 2, this was slipped into a bill on housing. It is an amendment to a bill on a completely unrelated subject. This is something that should be changed. I know Congress sometimes does business this way, but it seems to be that legislation to collect this private data on Americans should be fully debated and discussed on its own merits. Why do we need to do this as gov’t policy? It should be voted on separately, if it’s really something that the Congress thinks should be done. It shouldn’t be hidden in an unrelated bill.
Through a warrant or subpoena, and lately through national security letters. Now the government's not even bothering to ask for individual data where necessary: Just give it all to us up front.
And how much would it cost to implement this scheme? How many new fed employees would be needed to monitor the millions of daily transactions? What will their salaries and retirements cost? Probably more than the 9-plus billion in the ten years this supposedly will generate.
But President Bush is trampling on our civil liberties and invading our privacy looking for wireless phone calls between terrorists, right?
Communism’s ugly step sister, socialism, pushed it’s nose into the tent long ago. “There’s no turning back, my friend. There’s no turning back.....” Thank you, Steve Miller Band.
If you don’t think so, rewind about 45 to 50 years. How have “things” changed thus far?
It is back to fantasy land, my doctor recommends it for my well being.
Congress, ever bothered about invasion of terrorists’
and illegal invaders’ ‘rights’, never misses
an opportunity to nibble away at its constituents’ rights.
Oh my!
Violation of the 4th Amendment protection against unreasonable search and seizure?
bttt
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