Skip to comments.Obamacare gives the government access to your bank account
Posted on 04/01/2010 8:17:21 AM PDT by csd
H.R. 3590 gives the federal government specific access to individual bank accounts and medical records as provided by that individuals health plan. The government may monitor an individuals finances and medical records electronically, for the purposes of determining an individuals eligibility for certain programs under the bill. They may also monitor an individuals finances and medical records to ascertain whether that individual has health insurance and is making regular premium payments to an approved health insurance plan; this will allow the federal government to determine each individuals financial responsibilities with respect to penalties and fees prior to or at the point of care as outlined in the bill.
(Excerpt) Read more at libertyandpride.com ...
Yet another reason to have very little $$ there.
What if people do not have a bank account?
Seniors, baby boomers and everyone else are so sc*ewed if the GOP does not win in Nov 2010 and the House DEFUNDs this nightmare.
Democrats forcing people to hide money in mattresses to avoid them?
so... if i have money in my account, they will charge me some extreme amount in order to get care?
How do you survive without a bank account in today’s world?
MMMmmm. Are we “safe” is we keep the money in an account at a stock broker?
Well, down here in Georgia we warned people in 1865 that the Revenuers were comin’ and to bury the silver in the back yard.
ask peopel who survived the last Great Depression. Boxes of mony stored away or buried in the yard. My dear Uncle still keeps his savings hidden in a wall.
I think this particular is mentioned on page 89 of the PDF off senate.gov, but I’m not postive.
But to answer your question, the fed gov’t will have the right to initiate an electronic funds withdrawal from your checking and/or savings account if they believe you haven’t paid your fair share for x, y or z.
It says so in the PDF, in black and white, clear as day.
I have one, but I am thinking about not having one. I don’t like the government snooping in my bank account. It is unAmerican.
The world has changed from the depression era. How do you pay bills, pay property taxes, utility bills etc without a checking account?
I doubt it. Probably safer, but I wouldn't put anything past these fascists.
That’s why 0 wants to give everyone “free” high-speed internet access. It’s easier to steal $$$$ from the people if they do all (or most) of their financial transactions online.
Well, then, that leaves a foreign bank account. Time to do some research. Switzerland anyone?
This needs to be explored a little more now that government is getting so intrusive.
Why is this not considered unreasonable search under the constitution??
So do the property tax collectors. and the utility companies.
I am thinking a lot of self employed and small business owners and entrepreneurs have a cash box on hand-
Govt as a co-signer on your bank accounts may make the practice even more widespread. Those bank accounts could stay open but “shrink” a bit, eh?
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