[Rushtalk] Is There No End To This Chicanery?!?

John A. Quayle blueoval57 at verizon.net
Thu Jun 27 19:14:40 MDT 2013


Now Obama watching Americans' credit cards

Administration found with plans to grab 'non-public, confidential information'

Published: 1 hour ago
  <http://www.wnd.com/author/runruh/>Bob Unruh 
About | <mailto:runruh at wnd.com>Email | 
Bob Unruh joined WND in 2006 after nearly three 
decades with the Associated Press, as well as 
several Upper Midwest newspapers, where he 
covered everything from legislative battles and 
sports to tornadoes and homicidal survivalists. 
He is also a photographer whose scenic work has been used commercially.
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No warrants and no probable cause have been no 
problem for the Obama administration in its work 
to collect detailed financial information on 
millions of Americans, according to a new report.

Wait, you say, wasn’t the Obama administration 
already collecting details about phone calls? 
Yup. And the content of prayers of Christian 
groups? Affirmative. And how about the phone records of reporters? Yes, again.

But none of that has slowed the administration’s 
strategy to collect – without warrants – detailed 
data about how Americans spend their money, use 
their credit and pay their bills.

The documents confirming the effort were released 
today by <http://www.judicialwatch.org>Judicial 
Watch, the Washington watchdog organization that 
tracks down, investigates and presses for prosecution of federal crimes.

“The Obama administration’s warrantless 
collection of the private financial information 
of millions of Americans is mind-blowing. Is 
there anything that this administration thinks it 
can’t do?” said Judicial Watch President Tom Fitton.

“These documents show that the Consumer Financial 
Protection Board is an out-of-control government 
agency that threatens the fundamental privacy and 
financial security of Americans. This is every 
bit as serious as the controversy over the NSA’s activities.”

It was the National Security Agency that was 
revealed to have been collecting data without 
warrants on the phone calls of millions of Americans.

Judicial Watch said it acquired through a Freedom 
of Information Act procedure 
revealing some of the government’s recent work.

The report said the Consumer Financial Protection 
Bureau has spent millions of dollars for “the 
warrantless collection and analysis of Americans’ financial transactions.”

It explains the fine print also calls for CFPB 
contractors, who may have that information, “may 
be required to share the information with ‘additional government entities.’”

The watchdog organization began its search for 
the records following CFPB chief Richard 
Cordray’s appearance before the Senate Banking Committee in April.

Among other things, it found that the board, 
authorized by the 2010 Dodd-Frank financial 
reform plan, wants large amounts of 
information from millions of consumers, 
reportedly for a number of “policy research projects.”

The broad outline states: “The panel shall 
include 5 million consumers, and joint borrowers, 
co-signers, and authorized users. The initial 
panel shall contain 10 years of historical data on a quarterly basis.”

The documents claim that the identities will be 
“masked,” but ages, birth dates and census block numbers are to be included.

Fitton told U.S. News that the government plans 
are a “more direct assault on American citizens’ 
reasonable [expectation] of privacy than the 
gathering of general phone records.”

Judicial Watch also said it found 
that overlapped, so that several credit reporting 
agencies and accounting firms would gather, store 
and share credit card data. Those companies 
included Deloitte Consulting, 
and others.

It found 
$8.4 million deal with Experian was “to track 
daily consumer habits of select individuals 
without their awareness or consent.”

The government admitted that the contractors 
would, “in performing this requirement 
access to non-public, confidential information, 
Personally Identifiable Information (PII), or proprietary information.”

The government documents themselves say: “The 
initial sample shall be drawn from current 
records and historical data appended for that 
sample as well as additional samples during the 
intervening years to make the combines sample 
representative at each point in time.”

Among the goals, according to the government, was 
to “maintain” detailed “credit information” on Americans.

“The central mission of the CFPB is to make 
markets for consumer financial products and 
services work for Americans – whether they are 
applying for 
mortgage, choosing among credit cards, or using 
any number of other consumer financial products,” the government said.

While the government agency said data collecting 
procedures are authorized by the Dodd-Frank law, 
it does use “anonymized industry data.”

“The bureau is not receiving data about 
individual purchase transactions nor are we 
receiving any personally identifiable information,” the agency told U.S. News.
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