Obama Wants a Look at Your Bank Account

The Obama regime is drawing up final plans to create a massive database and give access to it to government agencies. What will be in this new database?:

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.

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.

I guess due process and asking a judge for a warrant to get this information is apparently a thing of the past in this new “changed” America. With the continuing reckless disregard of the Constitution and traditional American liberties by the Obama regime, at this point the University of Chicago should offer full refunds to anyone who ever took a Constitutional law class taught by Barack Obama. But I digress.

The database is compiled by banks and other financial institutions who report “suspicious financial activity” to the Treasury Department:

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 reason for this is because intelligence agencies are not law enforcement agencies. Under the law, law enforcement has to present its evidence in a court of law and the evidence can be challenged by the defendant. Intelligence agencies have usually one purpose in mind when the acquire evidence, destroy the target. To put it simply, it is the job of intelligence agencies to help kill people. There is no court of law or due process. Why do the CIA and the NSA need access to the financial information of millions of ordinary Americans? Is the country really that much more unsafe by making the CIA and NSA request the information on a case by case basis?

The government’s mentality since 9/11 is grab as much power as it can in the name of “security”. This is the reason why going to the airport has the same intimacy level as a high school makeout session. This is why the government claims the authority to indefinitely detain American citizens and to even kill them without due process. This is why hundreds of thousands of innocent Aghanis and Iraqis and many others have died. The United States government has taken as much power as it can to increase its control over the lives of Americans and indeed over as many other human beings around the world.

Enough is enough. We need to stand up to the Homeland Security State. It started last week with Rand Paul’s filibuster in the Senate. It is up to us as activists and patriots to continue it. We need to become as skeptical of government power in all aspects of our lives as we are of government power in the economy. It is very difficult to regain freedom and liberties once they have been lost. We need to act now before we lose more of our God given liberties.

This is pretty clearly unconstitutional, as is the current FBI domestic spying program.

Anonymous's picture

Sounds like people will believe any rant someone or group says without actually researching the information. Media blows everything into what it’s not for ratings and we willingly by into their agenda. So research the government sights and learn to make your own decisions as educated adults.

Anonymous's picture

where does this info come from? I wish to share it but do not want to be confronted with doubt. I would like to know exactly where it came from. I dont’ doubt it one bit. Thanks to Rand Paul for being on our side of things!

Anonymous's picture

Whats so scarey is this could happen before you’d ever find out if its true or not. Then its too late. Perhaps already is.

Anonymous's picture

PHUKK YOU BARRY SOETORO!!!

Trisha MacIntyre's picture

yet, America chose to elect him back into office for another four years.

Anonymous's picture

I always wonder why Americans think this can / could be the works of only ONE person???

They do not want to see the puppet masters behind this all?
No they blame the President as a person.

Europ's picture

“The government’s mentality since 9/11 is grab as much power as it can in the name of ‘security’.”
Just since 9/11? I’d say that’s been in the play-book politik for at least the last century in the USA, and perhaps thousands of years (if not longer) in world history!

Banoro's picture

Well, I’ll do EXACTLY like my Daddy did!!! CLOSE ALL OUR BANK ACCOUNTS AND HAVE A SAFE WITH OUR MONEY!!! I am an American citizen not a Terriorist and won’t be treated like one!!! This is the last straw for this President!!!! As far as I’m concerned!!! Besides, They own the Banks now, a lot of them and I NO LONGER TRUST OUR ELECTED GOVERNMENT OFFICALS ANYMORE!!!! Next, They will steal your money out of your bank accounts!!!! Some CHOICE WORDS!!!! BLAH< BLAH< BLAH!!!

Anonymous's picture

i read another side of this somewhere, that obama will be able to freeze all the money you have in the bank at his will, it would not surprise me as he declares martial law.

Anonymous's picture

“they will steal all money in our bankaccounts”

Well how long do you think reall money will exist?
You have to have a bankaccount in order to get your wages now or in future.
the Future will be a cashless world, only digital money. this might be the case within 20 years from now.

EU Cyprus help package of over 17 billion euro’s to a country of only 800.000 people at the most. Cyprus will take 6.5% off bankaccounts under € 100.000 and 9.9% over the money above this. So also the people with not a lot of savings will loose 6.5% of their savings. Happening now in Europe!

USA also BIG in DEBT … banks in big problem cause of the moneysystem.
A system invented within the Banking world. And they lost the GoldStandard, privatised the Central Banks = came out of the USA these plans. And wondering the axes of evil countries do still or had their own National Banks! At least a few. All other countries ‘national’ banks are not in the hands of those countries anymore.

so … let your grey mass work … see the bigger picture comming up.

Europ's picture

I think this is part of Obamacare,The reason they are doing it is so they can find out how much money you have to pay for it.They will be doing it to the Doctors also. Thats why he hired 15k more IRS Agents

jimmyrourke's picture

All you have to do is look at the recent past legislation put in place by this government. The patriot act, NDAA,and read some of obama’s executive orders. I think it was EO 16203, or maybe 303, sry, but i read it, and it basically give him authority to controll all resources in the event of an emergency, ie; gas stations, grocery stores, buisnesses ect. so even if this was’nt true, what more proof do we need that the government is trying to controll us. We have flying, and walking drones. The movie terminator is starting to become non-fiction. The one thing that people really need to understand is that our government is working for the bankers, and big corporations. They have this type of legislation written up probably years in advance, just waiting for a tragedy, or even causing one so they can have them implemented. Follow the money.

Rich Davis's picture

Agreed with this. However, the lovely government will destroy even big business if they don’t bow to their desires. Sad but true. I love my Country, but I hate my Government…

DaZeD No MoRe!'s picture

I’d like to see the cite information regarding this information before just believing what someone else is saying. I prefer to confirm rather than just sheep it up.

DaZeD No MoRe!'s picture

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Allowed HTML tags: <h2> <h3> <h4> <h5> <u> <p> <br> <a> <em> <strong> <cite> <code> <pre> <ul> <ol> <li> <dl> <dt> <dd> <span> <img> <object> <embed> <param> <blockquote> <div> <table> <tr> <td> <tbody> <thead>
  • Web page addresses and e-mail addresses turn into links automatically.
  • SmartyPants will translate ASCII punctuation characters into “smart” typographic punctuation HTML entities.

More information about formatting options

 

Twitter


The views and opinions expressed by individual authors are not necessarily those of other authors, advertisers, developers or editors at United Liberty.