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Senate Housing Bill Requires eBay, Amazon, Google, and All Credit Card Companies to Report |
2008-06-19 |
Hidden deep in Senator Christopher Dodd's 630-page Senate housing legislation is a sweeping provision that affects the privacy and operation of nearly all of AmericaÂ’s small businesses. The provision, which was added by the bill's managers without debate this week, would require the nation's payment systems to track, aggregate, and report information on nearly every electronic transaction to the federal government. FreedomWorks Chairman Dick Armey commented: "This is a provision with astonishing reach, and it was slipped into the bill just this week. Not only does it affect nearly every credit card transaction in America, such as Visa, MasterCard, Discover, and American Express, but the bill specifically targets payment systems like eBay's PayPal, Amazon, and Google Checkout that are used by many small online businesses. The privacy implications for America's small businesses are breathtaking..." |
Posted by:Anonymoose |
#8 well, if you can't trust Sen. Dodd, who can you trust? /Countrywide's CEO |
Posted by: Frank G 2008-06-19 23:08 |
#7 Any clue as to what moron slipped this into the bill? |
Posted by: FOTSGreg 2008-06-19 22:48 |
#6 so then if anyone wants to buy what I am selling on ebay then it is check/money order only..paypal makes ebay much easier but the govt can kiss my ass if i am reporting the income from the shit i sell on ebay |
Posted by: Dan 2008-06-19 18:59 |
#5 I demand that all democrats register. Then no oil, no health care nothing for them. |
Posted by: 3dc 2008-06-19 18:35 |
#4 WTF? |
Posted by: 3dc 2008-06-19 18:34 |
#3 This is a "hell NO" moment. |
Posted by: Steve White 2008-06-19 18:29 |
#2 Never trusted them danged computers anyway. Guess I will just use cash from now on. At least until they outlaw that, too. |
Posted by: Rambler in California 2008-06-19 17:55 |
#1 Little bit by little bit, our freedoms go away. Big Brother is watching you. |
Posted by: DarthVader 2008-06-19 17:26 |