Posted on 06/27/2013 11:47:36 AM PDT by Nachum
The Obama administration, already under fire for the IRS scandal and National Security Agency snooping of the computers and cellphones of Americans, is also spending millions to have private contractors conduct a dragnet for confidential and personal credit and bank transactions without a warrant.
Newly obtained documents from the Obama-created Consumer Financial Protection Bureau reveal that the administration has OK'd a project to accumulate the personal financial data of some 5 million and share it with other agencies to build a "nationally representative panel of credit information on consumers for use in a wide range of policy research projects."
The documents obtained by public watchdog group Judicial Watch and provided to Secrets also indicate that those picked in the dragnet will be chosen randomly, meaning every American is subject to the raid on their information.
(Excerpt) Read more at washingtonexaminer.com ...
Haven't had to produce my D/L at the bank, but I mainly use ATMs anyway.
The doctor's office has required it lately. I figured it was for the upcoming death panels.
Wells Fargo won’t let you cash a check on their own customers’ accounts without giving a finger print. Don’t know if all Wells Fargos do that but the one here does. BTW, I will NEVER do business with them.
b00kmark
...unexpectedly...
On a recent phone call with my credit card company, they wanted to verify my home phone number which they knew because they had called a few minutes prior to me calling them back on their published number. Then they asked for my cell number. I told them I didn’t have one. As if name, address, home phone, SS#, your extra special secret answer to some dumb question, and card number (I’m sure I forgot one or two other “verifications”) weren’t enough.
” Newly obtained documents from the Obama-created Consumer Financial Protection Bureau reveal that the administration has OK’d a project to accumulate the personal financial data of some 5 million “
Yeah....5 million....
Tea Partiers
Christians
Republicans
Gun owners
Press
All bases covered.
Just wait for when they can scan cash via RFID chips. Then they have total control of everything.
If you are there ans swipe there is no need for the code. The code is used over the internet and phone orders to “ensure” you have the physical card. Was used to stop some id thieves from just knowing your number and ordering online.
Three digit code is often the key to the kingdom.
Once a month we take cash out of our bank account equal to what we estimate our expenditures will be for that month, go buy a gift card and use that for all credit card purchases. May not be totally fool proof but may put a slight detour in things.
You are correct.
I have to fght them long an dhard over that and over giving them my ss#.
I wish I could be confident in the future, but for now, it looks like BOHICA is the order of the day.
Not too long ago, I made several on-line transfers from savings to the boys’ checking accounts. You know the drill: pay for tuition; then ya get a call for more book $$$ than planned; then another call for this or that... Apparently, I made over-the-limited-number of allowable transactions and received a letter informing of the $30 FEE and that we had been reported to the federal government (don’t remember the specifics) All I could think of is: IT’S MY FREAKING MONEY!
I purchased Pepsi a way back at Target. The clerk wanted to scan my DL. I told her no way. I then called my local Police and asked what was encoded on the strip on the back of my DL. He couldn’t tell me.
My credit union scans my DL for all transactions, even deposits without cash back.
If it were me, I’d change banks/credit unions.
:(
Not really - if you put your money in a bank you have become the investor, not the depositor.
This came up a while back when the Cyprus situation was in the news. We found out because of an FDIC document.
The bank owns the money - get it out.
If you have a barcode strip, you can use a regular camera/scanner and barcode software to read it.
The thought crossed my mind, but then I considered it was for fraud prevention.
Feds collecting personal, confidential data on consumer´s credit cards, bank transactions
The Obama administration, already under fire for the IRS scandal and National Security Agency snooping of the computers and cellphones of Americans, is also spending millions to have private contractors conduct a dragnet for confidential and personal credit and bank transactions without a warrant.
.
Banks do swipe the DL and some collect finger prints. A biometric database is on the way....
At the end of the video:
A couple of months later after she returned an item her identity was stolen (although she doesn’t know how it was stolen).
December 7, 2010 7:17 PM
ConsumerWatch: More Retailers Scanning ID’s During Returns
SAN FRANCISCO (CBS 5) — It used to be to return or exchange an item you simply had to provide your receipt. Now many retailers are not only requiring a photo ID, they scan the ID and store the information in a database.
Snip
But under The Children’s Place return policy customers are required to present a photo ID which will be retained in a database. “Oh my gosh they now have my name, address, date of birth, phone number, drivers license number and maybe even a photo,” said Leslie.
Snip
While consumers are concerned, under the DMV civil code businesses may swipe a driver’s license to prevent fraudulent activity. But where is this information stored? “Apparently there is a third party called The Return Exchange which is a company that contracts with retailers,” Freiwald said
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