>
>
> Subject: FYI - Bank Privacy
>
> Clarke Howard (Consumer Advocate) has mentioned this bill several times. It
> is very real. This is an Internet campaign to stop a regulation which
> would require your bank to spy on you.
>
> We now have less than 20 days to contact the FDIC and demand that it
> kill its proposed "Know Your Customer" rule. Please forward this
> message to any friends, family, co-workers, neighbors, or other people
> you know who may be interested, then go to
> http://www.defendyourprivacy.com and sign the petition. It will be
> submitted directly to the FDIC. Plus, a copy will be sent to your
> representative in the U.S. House and to both your U.S. Senators.
>
> The FDIC's Know Your Customer rule would force banks to "monitor" your
> checking and savings account and report any "unusual transactions" to
> the federal government. This frightening threat to your financial
> privacy would force your bank to:
>
> * Discover your "source of funds"
>
> * Determine your "normal and expected
> transactions"
>
> * Report any "suspicious activity" to federal
> investigators
>
> The government claims it is trying to thwart money launderers and drug
> dealers. But what this law will do is turn every bank teller into a
> government informer and everyone with a bank account into a criminal
> suspect.
>
> In a free society, the government has no business asking where you get
> your money or how you spend it -- and politicians have no right to
> force your bank to monitor your account.
>
> But that's exactly what's going to happen, unless we can generate
> enough opposition before the FDIC's comment period expires on March 8.
> Outraged Americans have already flooded the FDIC with over 20,000
> comments against the Know Your Customer regulation -- but the agency
> hasn't backed down yet.
>
> Let's keep up the pressure.
>
> Please forward this e-mail to everyone you know who might be interested
> in helping, but please don't send it indiscriminately -- spam will only
> hurt our campaign.
>
> Then go to http://www.defendyourprivacy.com and sign the petition.
>
> Thank you.
>
>
>
>
>
>
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