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Elizabeth Warren wants your credit card company to report you to the government
Posted on 9/9/22 at 7:56 am
Posted on 9/9/22 at 7:56 am
Elizabeth Warren wants your credit card company to report you to the government
While President Joe Biden is decrying “MAGA Republicans” as fascist, members of his own party are actively working to get your credit card company to start tracking you and reporting you to the government. Because that’s not fascist at all.
Democratic lawmakers including Sens. Elizabeth Warren and Dianne Feinstein just sent a letter to the CEO of American Express pressuring the company to start monitoring gun purchases. They essentially want the credit card company to create a special category for gun purchases — right now they’re categorized as “miscellaneous retail stores” — and use that information to report people to the police.
“Banks and credit card companies could help law enforcement preempt some mass shootings by identifying suspicious gun purchases through the implementation of a new MCC,” the lawmakers wrote. “MCCs are four-digit codes maintained by the International Organization for Standardization (ISO) that classify merchants by their purpose of business.”
“The creation of a new MCC for gun and ammunition retail stores would be the first step towards facilitating the collection of valuable financial data that could help law enforcement in countering the financing of terrorism efforts,” the letter continues. “A new MCC code could make it easier for financial institutions to monitor certain types of suspicious activities including straw purchases and unlawful bulk purchases that could be used in the commission of domestic terrorist acts or gun trafficking schemes. Such coordination between financial institutions and law enforcement has been instrumental in efforts across the federal government to identify and prevent illicit activity.”
As commenters quickly pointed out in response to Warren, this proposed scheme of private financial tracking and collusion with the government sure seems fascist.
LINK
While President Joe Biden is decrying “MAGA Republicans” as fascist, members of his own party are actively working to get your credit card company to start tracking you and reporting you to the government. Because that’s not fascist at all.
Democratic lawmakers including Sens. Elizabeth Warren and Dianne Feinstein just sent a letter to the CEO of American Express pressuring the company to start monitoring gun purchases. They essentially want the credit card company to create a special category for gun purchases — right now they’re categorized as “miscellaneous retail stores” — and use that information to report people to the police.
“Banks and credit card companies could help law enforcement preempt some mass shootings by identifying suspicious gun purchases through the implementation of a new MCC,” the lawmakers wrote. “MCCs are four-digit codes maintained by the International Organization for Standardization (ISO) that classify merchants by their purpose of business.”
“The creation of a new MCC for gun and ammunition retail stores would be the first step towards facilitating the collection of valuable financial data that could help law enforcement in countering the financing of terrorism efforts,” the letter continues. “A new MCC code could make it easier for financial institutions to monitor certain types of suspicious activities including straw purchases and unlawful bulk purchases that could be used in the commission of domestic terrorist acts or gun trafficking schemes. Such coordination between financial institutions and law enforcement has been instrumental in efforts across the federal government to identify and prevent illicit activity.”
As commenters quickly pointed out in response to Warren, this proposed scheme of private financial tracking and collusion with the government sure seems fascist.
LINK
37
Posted on 9/9/22 at 7:59 am to djmed
As soon as she allows us to see all of her financial transactions.
Posted on 9/9/22 at 8:00 am to djmed
You'd think Native Americans of all people wouldn't trust the federal government with so much power.
Posted on 9/9/22 at 8:00 am to djmed
Are we supposed to be surprised that the democrats use and will use government and private agencies to spy on and threaten their political enemies?
This started about 10 years ago.
This started about 10 years ago.
Posted on 9/9/22 at 8:01 am to djmed
So no one tracks their finances when they buy a multi million dollar home on a politician salary.
But if we spend more than $600 or buy a gun...
But if we spend more than $600 or buy a gun...
Posted on 9/9/22 at 8:02 am to djmed
Pre-Crime. Then ThoughtCrime.
What constitutes suspicious? That’s a horribly slippery slope.
“Sir, we noticed you bought more canned tuna than you can possibly eat this month, we need you to come downtown and discuss why you’re so nervous about food supply.”
What constitutes suspicious? That’s a horribly slippery slope.
“Sir, we noticed you bought more canned tuna than you can possibly eat this month, we need you to come downtown and discuss why you’re so nervous about food supply.”
Posted on 9/9/22 at 8:03 am to djmed
quote:
new MCC code could make it easier for financial institutions to monitor certain types of suspicious activities including straw purchases and unlawful bulk purchases
1. Reporting that I bought a gun doesn’t tell you anything about straw purchases unless they intend to send the ATF to my door to make sure it’s in my possession.
2. There are no unlawful bulk purchases. I can buy out every gun in the store I want to
Posted on 9/9/22 at 8:03 am to DevilDagNS
Yes, this pushes cash.
It also likely causes Bass Pro, Cabela’s, Academy, and many other sporting goods stores to pitch a bitch because this is inevitably going to drive sales from them outside of firearms if credit card companies are reporting people who buy from there.
It also likely causes Bass Pro, Cabela’s, Academy, and many other sporting goods stores to pitch a bitch because this is inevitably going to drive sales from them outside of firearms if credit card companies are reporting people who buy from there.
Posted on 9/9/22 at 8:04 am to djmed
Serious violation of right to privacy but why don't the asshats consult with those agencies that actually maintain the database for background check associated with gun purchases?
Posted on 9/9/22 at 8:06 am to djmed
Ahhh yes because there are lots of mass shooters putting their gun purchases on their AMEX.
Posted on 9/9/22 at 8:07 am to Chimlim
This would've totally prevented the black dude from shooting all those people in Memphis, right?
Posted on 9/9/22 at 8:07 am to DevilDagNS
quote:
So... cash only? Got it.
And digital currency is scheduled for 2023.
Not a coincidence
Posted on 9/9/22 at 8:08 am to djmed
They need to really go in deep on this before election. Does anyone doubt that they are enemies of the constitutional republic???
Posted on 9/9/22 at 8:13 am to BigMob
It’s funny.
They want to ban assault weapons on civilians, and keep the police and the people that protect government security fully armed.
This is exactly what the second amendment is for.
Oh and for those that are saying cash only?… the government has been trying and will zero in on tracking cash in and out and eventually cap it AND do away with cash all together. Fully digital currency that can be tracked
They want to ban assault weapons on civilians, and keep the police and the people that protect government security fully armed.
This is exactly what the second amendment is for.
Oh and for those that are saying cash only?… the government has been trying and will zero in on tracking cash in and out and eventually cap it AND do away with cash all together. Fully digital currency that can be tracked
This post was edited on 9/9/22 at 8:14 am
Posted on 9/9/22 at 8:15 am to BearCrocs
There are always cash equivalents even if USD are outlawed.
Gold pieces, silver pieces, etc., have been hoarded for reasons like this.
Gold pieces, silver pieces, etc., have been hoarded for reasons like this.
Posted on 9/9/22 at 8:15 am to djmed
This isn’t important at all.
Did you hear that Trump farted in an elevator last night?
Did you hear that Trump farted in an elevator last night?
Posted on 9/9/22 at 8:16 am to teke184
Liz's people swap beaver pelts for guns.
Posted on 9/9/22 at 8:16 am to djmed
Sounds oppressive and the opposite of freedom
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