Multiple Government Agencies Are Keeping Records Of Your Credit Card
Michael T. Snyder | Jun 30, 2013 03:52AM ET
Were you under the impression that your credit card transactions are private? If so, I am sorry to burst your bubble. As you will see below, there are actually multiple government agencies that are gathering and storing records of your credit card transactions. And in turn, those government agencies share that information with other government agencies that want it. So if you are making a purchase that you don't want anyone to know about, don't use a credit card. This is one of the reasons why the government hates cash so much. It is just so hard to track. In this day and age, the federal government seems to be absolutely obsessed with gathering as much information about all of us as it possibly can. But there is one big problem. What they are doing directly violates the U.S. Constitution. For those that are not familiar with it, the following is what the Fourth Amendment actually says: "The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized." Unfortunately, the Fourth Amendment is essentially dead at this point. The federal government is investigating all of us and gathering information on all of us all day, every day without end.
Many Americans have never even heard of the Consumer Financial Protection Bureau, but click here .)
If the American people do not stand up and demand change, the people that are constantly violating our privacy are going to continue to do so.
Sadly, the vast majority of the politicians in both major political parties seem to think that there is nothing wrong with the status quo. So I wouldn't expect any major changes in the short-term. But hopefully government surveillance will start to become such a major issue with the American people that the politicians will be forced to start addressing it.
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