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wickowick 
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| U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 1:50 pm)
LINK
quote:
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.
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).
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Scruffy 
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| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 1:51 pm to wickowick)
quote:
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 government can go frick itself.
Obama can go frick himself.
This post was edited on 3/13 at 1:51 pm
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Drew Orleans
LSU Fan
Member since Mar 2010
13514 posts
| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 1:52 pm to wickowick)
Oh I'm sorry, I couldn't hear what you said all the way down here on my knees...
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GoCrazyAuburn 
Auburn Fan
Member since Feb 2010
9063 posts
| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 1:53 pm to wickowick)
I would really like to see their legality argument they claim.
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Puck82
LSU Fan
Baton Rouge
Member since Mar 2009
5446 posts
| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 1:55 pm to wickowick)
But Bush. Patriot Act. Wire Tapping.
This is BS. Just another way for the Gov to put it's nose where it doesn't belong.
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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
16713 posts
| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 1:57 pm to wickowick)
quote:
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
To add to this... Obamacare allows the government to review all of your financial records. No permission required.
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WikiTiger
LSU Fan
Member since Sep 2007
38216 posts
| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 1:57 pm to wickowick)
I wish there was a decentralized digital currency with the potential for anonymity.
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19thHole
LSU Fan
Working on my TPS reports
Member since Dec 2007
4301 posts
| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 1:59 pm to wickowick)
Terrorists? Nah.
"Revenue?" Yep.
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Decatur
LSU Fan
Member since Mar 2007
14878 posts
| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 2:03 pm to wickowick)
quote:
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.
quote:
A Treasury spokesperson said U.S. law permits FinCEN to share information with intelligence agencies to help detect and thwart threats to national security, provided they adhere to safeguards outlined in the Bank Secrecy Act. "Law enforcement and intelligence community members with access to this information are bound by these safeguards," the spokesperson said in a statement.
quote:
The Treasury document outlines a proposal to link the FinCEN database with a computer network used by U.S. defense and law enforcement agencies to share classified information called the Joint Worldwide Intelligence Communications System.
The plan calls for the Office of the Director of National Intelligence - set up after 9/11 to foster greater collaboration among intelligence agencies - to work with Treasury. The Director of National Intelligence declined to comment.
So it's basically going from case-by-case access to full access? I'm sure this would be valuable info for the intel agencies to be able to comb through. Privacy interests here could be minimal because the info is already being collected. On the flipside, I'm not sure the FBI can't handle this perfectly fine the way it is currently situated.
This is meh-worthy
This post was edited on 3/13 at 2:04 pm
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WikiTiger
LSU Fan
Member since Sep 2007
38216 posts
| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 2:05 pm to Decatur)
quote:
I don't see how this violates and privacy interest
I'm shocked.
ETA: nice edit, but I ain't editing mine. Gotta keep your stupidity visible.
This post was edited on 3/13 at 2:06 pm
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Drew Orleans
LSU Fan
Member since Mar 2010
13514 posts
| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 2:07 pm to Decatur)
Is there anything Obama has done that has ruffled your feathers?
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Scruffy
USA Fan
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Member since Jul 2011
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| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 2:07 pm to Decatur)
quote:
So it's basically going from case-by-case access to full access? I'm sure this would be valuable info for the intel agencies to be able to comb through. Privacy interests here could be minimal because the info is already being collected. On the flipside, I'm not sure the FBI can't handle this perfectly fine the way it is currently situated.
This is meh-worthy
Are you fricking serious or are you just trolling?
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WikiTiger
LSU Fan
Member since Sep 2007
38216 posts
| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 2:08 pm to Scruffy)
quote:
Are you fricking serious or are you just trolling?
he's just trolling. no one here takes him seriously any more
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Jbird 
Iowa Fan
Odramaville with EthanL
Member since Oct 2012
4868 posts
| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 2:09 pm to Decatur)
quote:
This is meh-worthy
You have no gag reflex do you Rexcatur? 
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Puck82
LSU Fan
Baton Rouge
Member since Mar 2009
5446 posts
| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 2:09 pm to Scruffy)
quote:
Are you fricking serious or are you just trolling?
Sadly you already know the answer to that.
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Scruffy
USA Fan
Team Hugo Stiglitz 4 Life
Member since Jul 2011
17603 posts
Online
| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 2:09 pm to WikiTiger)
quote:
he's just trolling. no one here takes him seriously any more
I took him seriously, but I've noticed he's gone on a full-blown defense of every single thing this administration has done lately.
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Decatur
LSU Fan
Member since Mar 2007
14878 posts
| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 2:09 pm to Scruffy)
quote:
Are you fricking serious or are you just trolling?
Did you have problems with just the FBI having access to this database or that they already share it with intel agencies?
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OMLandshark 
Ole Miss Fan
Beijing, China
Member since Apr 2009
26181 posts
| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 2:10 pm to wickowick)
Uhhh, yeah, it's not going to be like ISIS would exploit this or anything.
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Scruffy
USA Fan
Team Hugo Stiglitz 4 Life
Member since Jul 2011
17603 posts
Online
| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 2:10 pm to Decatur)
quote:
Did you have problems with just the FBI having access to this database or that they already share it with intel agencies?
I have an issue with both, especially if a warrant is not required to examine it in the first place.
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Decatur
LSU Fan
Member since Mar 2007
14878 posts
| re: U.S. to let spy agencies scour Americans' finances (Posted on 3/13/13 at 2:22 pm to Scruffy)
quote:
I have an issue with both, especially if a warrant is not required to examine it in the first place.
I don't think warrants have ever been required for this reporting. The FBI has prosecuted financial crimes for decades using this.
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