Government Financial Spy Plan by Unknown Author
In 1984 (George Orwell's infamous chosen year), the US Internal Revenue Service first proposed creation of a government controlled, real-time computerized national financial spy system allowing the IRS to monitor all financial transactions of every person on an instant basis, looking for signs of tax evasion or any other criminal conduct. IRS Doc 84-6941On Oct. 23 we reported that government and banking officials were negotiating a plan to deputize banks as a front line for federal police in detecting suspect financial transactions; that FBI agents already were stationed full time in selected US banks.
Yesterday the Wall Street Journal reported that leading US banks, financial firms and federal police agencies are nearing an agreement that will give the police sweeping powers to trace 'terrorists' cash using just such a real-time spy system. The network will cover banks initially, but eventually brokerage houses, mortgage lenders, insurance firms and wire transfer companies.
The New York Clearing House, which facilitates payments between banks, is leading the talks, including officials from several large banks, J.P. Morgan Chase & Co. and Citigroup Inc., the FBI and the Treasury.
Of course the justification for this mass destruction of what's left of financial privacy is yet again the usual "fighting terrorism" excuse.
This new police spy network may be piled on top of the US Treasury's Office of Financial Crimes Enforcement Network (FinCEN) with thousands of employees raking in millions of suspicious activity reports, few of which every produce an investigation, let alone a conviction. State and local police, the FBI, the IRS, the DEA, Customs and Postal inspectors all have instant computer access to FinCEN files.
This latest assault on privacy fleshes out government plans for a cashless society where the IRS has electronic surveillance over every transaction ranging from ATM machines to credit card purchases, from bank account statements to grocery store bar code check out counters.
There can be no justification for this outrageous intrusion into the private lives of millions of Americans. Government already has means to pursue criminals without reducing us all to being herded like so many sheep. But perhaps the majority of Americans have become sheep.
If there was ever a time to "go offshore" financially, it is NOW!
Source Articles:
- Oct. 23 articles on FBI-bank cooperation:
http://www.nytimes.com/2001/10/20/national/20MONE.html http://buffalo.bcentral.com/buffalo/stories/2001/10/22/story1.html
- Wall Street Journal, Nov. 26:
http://dailynews.yahoo.com/h/nm/20011126/bs/financial_terror_wsj_dc_1.html http://interactive.wsj.com/archive/retrieve.cgi?id=SB1006724671180123320.djm
- FinCen: http://www.ustreas.gov/fincen/faqs.html
- New York Clearing House: http://www.nych.org/Default.htm
If you agree with at least 51% of this article, please forward it to your mailing list. The mainstream media may or may not address this subject, thus it's up to responsible citizens to disseminate important issues
so that a healthy public discourse can be pursued.Don't forget to click on the below link to watch FIAT EMPIRE - Why the Federal Reserve Violates the U.S. Constitution
so you will have a better understanding of what fuels many problems under study by the Jaeger Research Institute.Permission is hereby granted to forward, quote, excerpt or publish all or part of this article provided nothing is taken out of context and the source URL is cited. For articles written by James Jaeger, you are welcome to credit yourself as author, provided you at least get this information out. If you wish to be removed from this mailing list, go to http://www.jaegerresearchinstitute.org/mission.htm however, before you do, please be certain you are not suffering from Spamaphobia as addressed at http://home.att.net/~cyberfilms/Journel2.html.
Source URL: http://www.jaegerresearchinstitute.org
| FIAT EMPIRE - A MUST-SEE DOCUMENTARY FILM |
| Home Menu | Mission | Balanced News | Movie Publications |
| Jaeger Research Institute |