Obama Administration To Allow All Spy Agencies To Scour Americans' Finances 405
New submitter KrisJon writes "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. Financial institutions that operate in the United States are required by law to file reports of 'suspicious customer activity.' 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."
And you said... (Score:2, Interesting)
..."not like it can get any worse".
Cue the apologists (Score:5, Interesting)
What's it going to take for people to realize that Obama is just as bad as and in many ways worse than Bush?
I swear, Obama could issue an executive order mandating that they suck a dick and the apologists would just shrug and say "Yeah, but Bush would have made us swallow!"
It would be grand if people only had to live with the consequences of the policies they support.
LK
Re:There may still be some money stashed in a matt (Score:3, Interesting)
Careful dude, every time I mention Obama treating private property like communal property, I get down-modded.
Besides, all this communism can't pay for itself!
Re:Cue the apologists (Score:4, Interesting)
I'm a life long conservative Republican and even I didn't vote for Romney.
If Romney had won and was behaving like Obama is, I'd be every bit as outspoken in my opposition.
LK
Re:Cue the apologists (Score:4, Interesting)
via Glenn Greenwald [twitlonger.com]:
Priorities, people. (Score:3, Interesting)
Spy agencies are still not allowed to share most intelligence information arbitrarily, whether the subject is domestic or not. These roadblocks ensure the safety and reliability of each agency's intel, and provide confidence in policy decisions based on that intel (legislative, military, etc).
But spy agencies already could look at your financial information, independently. That is not a concern to me. Smart citizens already know Obomacare provides a stipulation that states, payments made electronically to health providers constitutes a waiver for the federal government to examine that individual's financial accounts from the bank who disbursed to the health provider. (So you have to pay in cash if you don't want the feds digging into your financial records because of a sore throat.)
What is a concern is that the intel each agency now has the access to that financial information regardless. And this concerns me because it can easily be used against a citizen. Say, you're behind on your student loans, the government can check your bank account, determine that you have funds to pay a monthly minimum they've decided you ought to pay, then they can order your physician not to provide health care to prevent you from spending that money on the doctor, ... basically they won't LET you get your health care until you've paid your other dues...
Another cause for concern is that, well, the agencies are using the same intel. that's a bad paradigm. In the intel world, redundancy and duplication of data is a good thing. Unlike in computer science land, in intel, that kind of thing actually encourages data accuracy and confidence, it reduces the possibility of tampering, and is a specific tactical tool in international anti-intel. (Think about it like this: Texas Hold 'Em wouldn't be an easier game to beat if all the players didn't share a deck and also share a hand. And if an attacker manipulates the deck, all players are equally affected.)
So I'm wondering. What is the priority my government has to monitor my financial data? And why is it so important that all spy agencies need to share that data, from one single source, when they already were allowed to collect that data independently as their investigation warranted? Is this about stopping crime or is it about providing means to extract every cent from every citizen? If the government was having trouble tracking drug cartel finances before, how is this supposed to help? The cartels were already beating the system. So it affects the bad guys zero, and the good guys by one. Really, what is the priority here?
or perhaps (Score:5, Interesting)
you have such a short attention span that you do not see trends if they advance slowly enough.
This nation is already NOTHING like what it was in the 1960's.