And the Choking the Freedom out of America Continues

[Gatekeeper]

New bank BILL allows the Government to track consumers personal characteristics. Like they can't already?

Sen. Richard Shelby (R-Ala.), senior Republican on the Senate Banking Committee, said:

“The Democrats’ new bureaucracy poses a threat to our privacy,” Shelby said, “Under section 1022 of their bill the new bureau would collect any information it chooses from businesses and consumers including personal characteristics and financial information

“Individuals could be required to provide the new agency with written answers – under oath – to any question posed by the bureau regarding their personal financial information.”

CNSNews.com - Sen. Shelby: Financial Reform Violates Privacy

The I.R.S. isn't enough? This fight should be interesting.

 

[Dr Gregg]

I'd like to see what the bill actually says, not some guy's spin and statements like "could". Sounds like political talking points.

 

[rikules]

New bank BILL allows the Government to track consumers personal characteristics. Like they can't already?

Sen. Richard Shelby (R-Ala.), senior Republican on the Senate Banking Committee, said:

“The Democrats’ new bureaucracy poses a threat to our privacy,” Shelby said, “Under section 1022 of their bill the new bureau would collect any information it chooses from businesses and consumers including personal characteristics and financial information

“Individuals could be required to provide the new agency with written answers – under oath – to any question posed by the bureau regarding their personal financial information.”

CNSNews.com - Sen. Shelby: Financial Reform Violates Privacy

The I.R.S. isn't enough? This fight should be interesting.

]“Individuals could be required to provide the new agency with written answers – under oath – to any question posed by the bureau regarding their personal financial information.”

this law would be better applied to politicians and government bureaucrats

 

[rightwinger]

It won't get my information....I wear a tin foil hat

 

[MaggieMae]

New bank BILL allows the Government to track consumers personal characteristics. Like they can't already?

Sen. Richard Shelby (R-Ala.), senior Republican on the Senate Banking Committee, said:

“The Democrats’ new bureaucracy poses a threat to our privacy,” Shelby said, “Under section 1022 of their bill the new bureau would collect any information it chooses from businesses and consumers including personal characteristics and financial information

“Individuals could be required to provide the new agency with written answers – under oath – to any question posed by the bureau regarding their personal financial information.”

CNSNews.com - Sen. Shelby: Financial Reform Violates Privacy

The I.R.S. isn't enough? This fight should be interesting.

The bill hasn't even begun debate yet. Cool your heels until it begins.

 

[rdean]

House Republicans are so honest.

Do you want a "teacup" full of Iraq? It's delicious.

 

[chanel]

I'm getting the feeling that are including shit in every bill that they know R's won't go along with. Its a deliberate attempt to continue the propaganda of the party of "no". Evil geniuses those hustlers are.

 

[Sheldon]

Financial regulation is one of those buzzwords that gets an emotional response but doesn't really mean anything concrete. Democrats will paint the GOP as obstructionist regardless of any specific objections. But the GOP will go eventually split their votes to go along because they won't want to be seen as being in the banks' back pockets.

The politicians will tell us they've fixed it and the industry is safe for consumers, but there's going to be loopholes big enough for Goldman Sachs to sail a yacht through.

Meanwhile, the SEC will continue filling their servers with porn!

 

[pans trogladyta]

Financial regulation is one of those buzzwords that gets an emotional response but doesn't really mean anything concrete. Democrats will paint the GOP as obstructionist regardless of any specific objections. But the GOP will go eventually split their votes to go along because they won't want to be seen as being in the banks' back pockets.

The politicians will tell us they've fixed it and the industry is safe for consumers, but there's going to be loopholes big enough for Goldman Sachs to sail a yacht through.

Meanwhile, the SEC will continue filling their servers with porn!

Maybe we should screen their porn for content? It might give us some insights into their mindset, it would also be a lot more entertaining then late night TV.

 

[MaggieMae]

I'm getting the feeling that are including shit in every bill that they know R's won't go along with. Its a deliberate attempt to continue the propaganda of the party of "no". Evil geniuses those hustlers are.

This is an example of the party of "no" -- actually the Republicans have become the party of obstructionists. There is absolutely no excuse for this unacceptable (and childish) behavior.

The Associated Press: INSIDE WASHINGTON: No holds barred in Senate

 

[MaggieMae]

Financial regulation is one of those buzzwords that gets an emotional response but doesn't really mean anything concrete. Democrats will paint the GOP as obstructionist regardless of any specific objections. But the GOP will go eventually split their votes to go along because they won't want to be seen as being in the banks' back pockets.

The politicians will tell us they've fixed it and the industry is safe for consumers, but there's going to be loopholes big enough for Goldman Sachs to sail a yacht through.

Meanwhile, the SEC will continue filling their servers with porn!

No "paint" needed, unfortunately. They ARE obstructionists. See link posted above. And don't think this won't be a campaign issue by 2012, if not this coming November.