Big Brother: Nearly Every Online Purchase, Sale, And Credit Card Transaction To Be Reported To The Federal Government
'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 America’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.'