Federal agency seeks to monitor 80 percent of U.S. consumer credit card transactions in 2013

http://endthelie.com/2013/09/13/federal-agency-seeks-to-monitor-80-percent-of-u-s-consumer-credit-card-transactions-in-2013/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+EndTheLie+%28End+the+Lie%29#axzz2eplJD800

In a controversial move, the Consumer Financial Protection Bureau (CFPB) is reportedly seeking to monitor 80 percent of consumer credit card transactions in the United States in 2013, totaling up to 42 billion transactions.

If accomplished, this would be yet another massive federal database containing the private information of Americans. It would also be an additional database the government can’t protect.

More at EndtheLie.com - http://EndtheLie.com/2013/09/13/federal-agency-seeks-to-monitor-80-percent-of-u-s-consumer-credit-card-transactions-in-2013/#ixzz2epm0eGn4