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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsReuters: U.S. to let spy agencies scour Americans' finances
Source: Reuters
The Obama administration is drawing up plans to give all U.S. spy agencies full access to a massive database that contains financial data on American citizens and others who bank in the country, according to a Treasury Department document seen by Reuters.
The proposed plan represents a major step by U.S. intelligence agencies to spot and track down terrorist networks and crime syndicates by bringing together financial databanks, criminal records and military intelligence. The plan, which legal experts say is permissible under U.S. law, is nonetheless likely to trigger intense criticism from privacy advocates.
... The Treasury plan would give spy agencies the ability to analyze more raw financial data than they have ever had before, helping them look for patterns that could reveal attack plots or criminal schemes.
The planning document, dated March 4, shows that the proposal is still in its early stages of development, and it is not known when implementation might begin.
Read more: http://www.reuters.com/article/2013/03/13/usa-banks-spying-idINDEE92C0EH20130313
Demo_Chris
(6,234 posts)Poll_Blind
(23,864 posts)PB
freshwest
(53,661 posts)I did not respond, as I had no interest in claiming my tax break from BushCo. The practice is not new.
Purveyor
(29,876 posts)OnyxCollie
(9,958 posts)the Obama administration will go through all your shit anyway, because you can't be trusted.
SUBMIT AND OBEY!
bobduca
(1,763 posts)the erosion of our fundamental rights woulda been much worse under a republican so suck it up, politics fans!
MadHound
(34,179 posts)One who uses lube before screwing us over.
indepat
(20,899 posts)forestpath
(3,102 posts)Jake2413
(226 posts)and a warrant?
blkmusclmachine
(16,149 posts)freshwest
(53,661 posts)blkmusclmachine
(16,149 posts)to evidence-less, jury-less, defense-less execution of ordinary American citizens Occupying US soil.
geek tragedy
(68,868 posts)There are plenty of things to criticize without fabrications.
Duer 157099
(17,742 posts)Well that pretty much exempts the 1% I suppose.
Shall we take bets on how quickly this law is used by the IRS?
geek tragedy
(68,868 posts)They're only talking about Suspicious Activity Reports, which are filed whenever someone engages in a transaction that's armed flag for money laundering. If you're not doing $10,000 cash deposits and stuff like that, won't affect you.
Now, resume your uninformed hyperventilating and panicking.
freshwest
(53,661 posts)We volunteer this information everytime we use the technology we love. Time to grow up and accept our own responsibility. No one made us do it.
No matter how much we wanna whine after the fact, we want it. No playing ingnorant. Accept the terms or say no.
Rex
(65,616 posts)just1voice
(1,362 posts)---The NSA Is Building the Countrys Biggest Spy Center (Watch What You Say)---
woo me with science
(32,139 posts)What else would any of us expect from this administration at this point?
Oilwellian
(12,647 posts)Thanks Democrats!