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Saturday, March 16, 2013

Obama Administration Wants to Hand Over Access to Your Financial Records To Law Enforcement Agencies

The Obama Administration wants to hand over access to your financial records to the CIA, NSA, and other law enforcement agencies. According to a new report from Reuters, a Treasury Department plan gives spy agencies full access to more raw financial data then ever before, under the guise of national security.Already, financial institutions are required to report “suspicious customer activity” to the Treasury's Financial Crimes Enforcement Network, but spy agencies must make case-by-case requests to access the FinCEN database. Under the new plan, agencies would have unlimited access to the financial records of millions of Americans. A Treasury spokesperson said that U.S. Law already allows FinCEN to share information with agencies, and that there are privacy safegaurds in place under the Bank Secrecy Act. But Michael German of the ACLU calls the proposal “a black hole” - saying, “Time and again, we have evidence, unfortunately well after the fact, that somebody's civil rights have been violated; that the intelligence community simply ignores the rules.” Allowing more government surveillance is a bad idea. Over the past decade, we've seen Presidents and spy agencies chip away at our civil rights, all in the name of national security, and this plan is simply another attack on our privacy. As Benjamin Franklin said,“Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety” . We must stand up for the precious civil liberties guaranteed to us in the Constitution, or we'll soon find they no longer exist.

8 comments:

  1. When will someone stop this communist $#@%^.

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  2. I think Obama is just trying to legalize the illegal activity he's pursued for 4 years.

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  3. This is so they can see how much 401k and other retirement plans you have to convert them to treasury bonds in the name of national security.

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  4. This was already law. It is in Obamacare that the Fed has "real time access to your banking accounts". Truly, with banks only offering .025% interest on savings it's best to keep cash hidden away at home in a fire prof container.

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  5. Gotta love how the 4th amendment doesn't apply to those with power. All they have to do is say it's all in the name of "National Security" and they have a free pass to do what they want, when they want.

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  6. 12:33 You should know by now that Obama doesn't care or believe in the Constitution! After all he is illegal himself but Democrats don't care, as long as they get free handouts.

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  7. I think there are many things people should do in the name of national security, the first being rid or Government and White House of Communists.

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  8. 11:41 has it nailed.., don't use banks nor credit, use cash, do it discretely and keep yours safely hidden. Tracking cash transactions is all but impossible and seems it's going to be a helluva lot safer in America's dim future.

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