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Privacy Attack: Congress wants all credit card & online purchases tracked and reported to the government.

Thanks to www.freedomworks.org for making sure that this story gets out. It’s scary how FAR reaching this bill is. It would require all credit card companies (Visa, Master Card, American Express, Discover) and online playment companies like PayPal, Amazon and Google checkout to track, aggregate and report on EVER order! The amazing fact from the article is that Senator Christopher Dodd and his merry band of privacy theives snuck this into the bill at the last minute without debate! I would HIGHLY urge you to contact your congress person to express concern.

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Blog Hit

Privacy Attack: Congress wants all credit card & online purchases tracked and reported to the government.

BY admin

Thanks to www.freedomworks.org for making sure that this story gets out. It’s scary how FAR reaching this bill is. It would require all credit card companies (Visa, Master Card, American Express, Discover) and online playment companies like PayPal, Amazon and Google checkout to track, aggregate and report on EVER order! The amazing fact from the article is that Senator Christopher Dodd and his merry band of privacy theives snuck this into the bill at the last minute without debate! I would HIGHLY urge you to contact your congress person to express concern.

06/23/2008
eBay Responds to E-Payment Requirements in Amended Bill

eBay responded to amendments to proposed legislation (H.R. 3221) that would require electronic payment systems to report the annual gross amount of reportable transactions to the IRS and to the participating payee. Reportable transactions include any payment card transaction and any third party network transaction.

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Blog Hit

eBay Responds to E-Payment Requirements in Amended Bill

BY Ina Steiner

eBay responded to amendments to proposed legislation (H.R. 3221) that would require electronic payment systems to report the annual gross amount of reportable transactions to the IRS and to the participating payee. Reportable transactions include any payment card transaction and any third party network transaction.

06/23/2008
Invitation: FreedomWorks Georgia June Breakfast

It's that time of month - you are invited to FreedomWorks Georgia's monthly breakfast to meet other Georgia activists, hear what FreedomWorks is doing in your state and across the nation, and to talk with political leaders on Saturday, June 28.

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Press Release

Invitation: FreedomWorks Georgia June Breakfast

It's that time of month - you are invited to FreedomWorks Georgia's monthly breakfast to meet other Georgia activists, hear what FreedomWorks is doing in your state and across the nation, and to talk with political leaders on Saturday, June 28.

06/20/2008
Crazy Housing Bill Requires Online Sales to be Reported to Feds

It's true what they say about observing the creation of sausage and lawmaking.

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Newspaper Article

Crazy Housing Bill Requires Online Sales to be Reported to Feds

BY Christopher Null

It's true what they say about observing the creation of sausage and lawmaking.

06/20/2008
Credit Card Tracking Slipped Into Housing Bill

It looks like Sen. Richard Shelby, the ranking Republican that worked with banking committee Chairman Chris Dodd to author a bill that aims to help the country's mortgage crisis, spoke too soon. When the Senate banking committee passed the bill 19-2 last month, Shelby had said he thought the White House would go for this bipartisan compromise bill. But the Bush administration is apparently opposing the bill, having issued an unexpected veto threat today, just as the debate on the bill started on the Senate floor.

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Blog Hit

Credit Card Tracking Slipped Into Housing Bill

BY Jesse A. Hamilton

It looks like Sen. Richard Shelby, the ranking Republican that worked with banking committee Chairman Chris Dodd to author a bill that aims to help the country's mortgage crisis, spoke too soon. When the Senate banking committee passed the bill 19-2 last month, Shelby had said he thought the White House would go for this bipartisan compromise bill. But the Bush administration is apparently opposing the bill, having issued an unexpected veto threat today, just as the debate on the bill started on the Senate floor.

06/20/2008
Electronic transaction reporting requirements slipped into Housing bill

A bill under consideration in Congress to bail out homeowners affected by the mortgage crisis enjoys strong bipartisan support, despite a recent White House veto threat. But the free-market advocacy group FreedomWorks is drawing attention to a provision introduced on the Senate side that has little to do with housing loans: a measure that would require credit card companies and electronic payment processors, such as PayPal, to file aggregate transaction reports with the IRS listing their total annual payments to individual merchants who receive more than $10,000 and conduct more than 200 transactions each year.

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Blog Hit

Electronic transaction reporting requirements slipped into Housing bill

BY Julian Sanchez

A bill under consideration in Congress to bail out homeowners affected by the mortgage crisis enjoys strong bipartisan support, despite a recent White House veto threat. But the free-market advocacy group FreedomWorks is drawing attention to a provision introduced on the Senate side that has little to do with housing loans: a measure that would require credit card companies and electronic payment processors, such as PayPal, to file aggregate transaction reports with the IRS listing their total annual payments to individual merchants who receive more than $10,000 and conduct more than 200 transactions each year.

06/20/2008
Press Release from FreedomWorks on Dodd’s Senate Housing Bill

It looks as though Senator Dodd may have just gotten caught with his hand in the cookie jar…click here to read the press release from FreedomWorks, an organization that advocates small government. This could be something, or it could be nothing at all…but it’s good that FreedomWorks is doing what a lot of other people are not: reading the fine print.

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Blog Hit

Press Release from FreedomWorks on Dodd’s Senate Housing Bill

BY Scot MacTaggart

It looks as though Senator Dodd may have just gotten caught with his hand in the cookie jar…click here to read the press release from FreedomWorks, an organization that advocates small government. This could be something, or it could be nothing at all…but it’s good that FreedomWorks is doing what a lot of other people are not: reading the fine print.

06/20/2008
Cooling Down?

Rich Lowry, today:

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Blog

Cooling Down?

Rich Lowry, today:

06/19/2008
How Does K Street Feel?

The RSC pushes an earmark moratorium, and, not surprisingly, there's pushback.  CongressDaily has the goods:

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Blog

How Does K Street Feel?

The RSC pushes an earmark moratorium, and, not surprisingly, there's pushback.  CongressDaily has the goods:

06/19/2008
The Bank of America Bill

It's not just Countrywide that would benefit from the Dodd bailout.  Its suitor, Bank of America, would also love to see the bill pass.  As Tim Carney reports in the Examiner, the bill is referred to on Capitol Hill as "the Bank of America bill on steroids."  Carney's got the whole story behind BoA's love for the bill in his column today.

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Blog

The Bank of America Bill

It's not just Countrywide that would benefit from the Dodd bailout.  Its suitor, Bank of America, would also love to see the bill pass.  As Tim Carney reports in the Examiner, the bill is referred to on Capitol Hill as "the Bank of America bill on steroids."  Carney's got the whole story behind BoA's love for the bill in his column today.

06/19/2008

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