100% FREE ONLINE DATING
sponsored links
| Topic: 'Snoop' Ain't Just For Dawgz ... | |
|---|---|
|
|
|
Here's another take on the bill(-s) the 'craps are trying to pass so they can gain access to more control over your finances and thereby your life ... better start calling your REPUBLICAN senators to let 'em know you ain't happy about this ... callin' somebody like Little Mary Landrieu or Ben Nelson (or Chris Dodd) ain't gonna do ya much good - might as well call Bawney Fwank ...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ http://www.washingtontimes.com/news/2010/may/05/bank-bill-could-help-feds-snoop-gop-warns/print/ Bank bill could help feds snoop, GOP warns Stephen Dinan Fights over derivatives and bailouts are getting more attention, but Senate Republicans are planning a battle over two federal agencies created by Senate Democrats' financial-regulation bill, warning that the proposed agencies give the government new ways to tap into consumers' personal information. As the Senate on Tuesday slogged through more debate on the far-reaching regulatory overhaul, the privacy concerns could present another hurdle for Democrats hoping to pass a bill by the middle of the month. The measure, backed by President Obama, is arguably the biggest piece of legislation still left on Congress' must-pass calendar heading into November's elections. The House passed a regulation bill in December, but that legislation attracted no Republican support and the Senate is considered the more critical battleground. The privacy issues bubbled up quietly after Democrats passed their bill out of committee last month, but the fears have gained traction in the past couple of weeks as two top Republicans have questioned the proposed Office of Financial Research and the Bureau of Consumer Financial Protection, both to be created under the bill as written by Democrats. The consumer protection bureau, to be part of the Federal Reserve, and the financial research office, proposed within the Treasury Department, could gather information on financial transactions right down to consumers' loans, according to critics, who said this is the first time the government would cast such a wide net. "They both have sweeping authority to collect information about financial transactions, and there's little to ensure they aren't going to collect detailed information, personal financial transactions," said Jim Harper, director of information-policy studies at the Cato Institute. With data-mining tools growing ever more powerful, he said, the best solution is to stop the government from collecting the information in the first place. Senate aides and Republican operatives helping to coordinate strategy off Capitol Hill said they have prepared multiple amendments to reel in both agencies. |
|
|
|
|
