NOT EFI Just fyi: A call to action! Big Brother is at it again!

Terry_Sare at dell.com Terry_Sare at dell.com
Wed Feb 24 21:27:02 GMT 1999


> This is getting WAY out of hand...  How much more personal invasion is it
> going to take before we all find that government has finally become a
> totalitarian regime?
> The only new regulations we need at this time are regulations to get these
> overbearing out-of-control regulatory agencies out of our lives.
> 
> 
> Forwarded to me from a concerned friend.
> Unbelieveable-not so.  Read about this in Investors Business Daily also.
> Really frightening.  The new world order police are on there way. Please
> speak out.  ~Nancy
> New Banking Regs, No Joke!
> I'm not in the habit of sending "serious" e-mails asking people to get
> involved.  However, I just found out about a proposed banking regulation
> up for consideration that seriously intrudes on our private lives. It's so
> intrusive, I've decide to speak up and send this to you, in hopes that
> you'll act on it, and forward it to as many people as you can. You only
> have until March 8th to voice your objections. In 1998, a "Know Your
> Customer" banking Bill was defeated in the House of Representatives.  The
> federal government, namely the FDIC and Treasury, quietly took the
> regulation and decided to implement it without congressional approval.  It
> has silently made it's way to the public comment phase, and very few
> people (including many of your representatives, bank employees, etc.) are
> even aware it's out there.
> If implemented, this regulation will have a significant and far reaching
> affect on your everyday life. Here are a just few of the highlights of the
> proposed "Know Your Customer" regulation.  I've included a link below that
> has all the details (this is only the small part of the regulation).  Bank
> customers (you) will be required to reveal all sources of revenue (income)
> that you deposit in the bank.  Accounts will be monitored to evaluate
> actual deposits compared with projections.  You must provide them with
> your projected income and sources.  Banks will establish profiles,
> classifications, and categorizations on every person who has an account
> based on information supplied by the customer (you) and other gathered
> information.  All customers will be compared against the subjective
> classifications.
> Perceived anomalies in deposits or withdrawals (that means any time your
> spending habits change, even for a day) will be reported as "suspicious
> activity." In short, the u that identifies when and how you usually
> receive and spend your money.  If you normally withdraw $100 from the ATM
> every Friday night, that will be part of your profile.  If you decide one
> Friday to withdraw $700 for a weekend trip or to make a purchase, you will
> have deviated from your normal spending pattern, and the bank will be
> required to file a suspicious transaction report to the federal
> government.  Banks are prohibited from informing customers when suspicious
> transaction reports have been filed on them.
> If you do not "volunteer" to be identified, you will be denied all banking
> services. If you believe in your 4th Amendment right privacy, I urge you
> to read the specifics below, and contact the agencies listed at the bottom
> of this message with your strong objections.  This is your only chance to
> stop the regulation. Public comments will only be accepted through March
> 8th.
> Here the complete details of what the regulation includes-it's worth your
> time to read it:
> http://www.networkusa.org/fingerprint/page1b/fp-kyc-summary.html
> http://www.networkusa.org/fingerprint/page1b/fp-kyc-summary.html>
> Comments will be taken from the public by these agencies until March 8,
> 1999. Federal Deposit Insurance Corporation Robert E.  Feldman Executive
> Secretary Attention:  Comments/OES comments at fdic.gov
> mailto:comments at fdic.gov>  or Department of the Treasury Manager,
> Dissemination Branch Information Management and Services Division
> Office of Thrift Supervision public.info at ots.treas.gov <
> mailto:public.info at ots.treas.gov> Department of the Treasury
> Communications Division Office of the Comptroller of the Currency
> regs.comments at occ.treas.gov
> mailto:regs.comments at occ.treas.gov>
> If your so inclined, find out who your Representatives are, and e-mail
> your concerns to them as well.
> 
> 
> 
> 



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