Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: SOROS who wrote (29746)	3/23/2003 5:45:27 PM
From: Art Bechhoefer	Read Replies (1) of 36161

Aside from the fact that it's becoming easier to collect information of a personal nature, the real question is what the collectors of the information are going to do with it, and what protections the individual has against abuse. Right now, the individual has almost no control over dissemination of personal information about himself/herself. Theoretically, the Federal Privacy Act protects information about people coming into a federal agency by prohibiting the dissemination of records without the consent of the person who may have provided the information. But in practice, and now as a result of recent court decisions, a federal agent can do almost anything with sensitive information, allowing the information provider to be sued if need be. The present reality is that government agents or agencies cannot be held financially responsible for mishandling of information, and therefore, the protections that were theoretically built into the Privacy Act are no longer viable. Not only is big brother watching, he can seriously damage you, and you have no recourse. Art

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