Reply With QuoteNow we can finally say "Big Brother is watching". We live in sad world, the beacon of freedom is becoming ...........full scale police state. I thought CIA had no jurisdiction inside US, am I mistaken?
Reut3rs - "U.S. to let spy agencies scour Americans' finances"
LINK
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 *******.
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.
Financial institutions that operate in the United States are required by law to file reports of "suspicious customer activity," such as large money transfers or unusually structured bank accounts, to Treasury's Financial Crimes Enforcement Network (FinCEN).
The Federal Bureau of Investigation already has full access to the database. However, intelligence agencies, such as the Central Intelligence Agency and the National Security Agency, currently have to make case-by-case requests for information to FinCEN.
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.
.../cont/...
Those who sacrifice liberty for security deserve neither.
Edit: Reut3rs pings the filter? Really?!
Now we can finally say "Big Brother is watching". We live in sad world, the beacon of freedom is becoming ...........full scale police state. I thought CIA had no jurisdiction inside US, am I mistaken?
sigh... i don't even feel like repeating myself for nth time about ever growing state apparatus and its powers.
we deserve what we get. same assholes are elected to gov't time and time again. most Americans don't even care.
Yes, what passes for Americans is pretty much watered down reality TV fans. Sigh....Originally Posted by SkyUS
It is true that most people are basically brainwashed by media...People are trading liberty for "security"
This is why I use cash whenever I can - I can follow my wife's daily activity easily since she charges everything.
Where's the article from?
Its from r euters.
There's quite a bit more information in the original article.
A Treasury spokesperson said U.S. law permits FinCEN to share information with intelligence agencies to help detect and thwart threats to national security, provided they adhere to safeguards outlined in the Bank Secrecy Act. "Law enforcement and intelligence community members with access to this information are bound by these safeguards," the spokesperson said in a statement.
Some privacy watchdogs expressed concern about the plan when ******* outlined it to them.
A move like the FinCEN proposal "raises concerns as to whether people could find their information in a file as a potential terrorist suspect without having the appropriate predicate for that and find themselves potentially falsely accused," said Sharon Bradford Franklin, senior counsel for the Rule of Law Program at the Constitution Project, a non-profit watchdog group.
Despite these concerns, legal experts emphasize that this sharing of data is permissible under U.S. law. Specifically, banks' suspicious activity reporting requirements are dictated by a combination of the Bank Secrecy Act and the USA PATRIOT Act, which offer some privacy safeguards.
As I’ve been saying, the managerial elite WILL make us pick up their tab. There will be no evading the tax man.
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