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To: IngotWeTrust who wrote (29030)2/25/1999 8:57:00 PM
From: SilverFox77  Respond to of 116779
 
<<Looks like the "pending FDIC proposed regulation review now includes where I hang out on the net and how often. Don't recall seeing THAT "surveying technique" in the Proposed Regulation "fine print/Know Your Customer rule" now in comment period until March 8 fill/kill date!!! >>

Category:
Banking
Date:
1999-02-22 19:58:08
Subject:
A Protest Against the Banks' Computerized Snooping Program

Comment:

On March 8, the deadline runs out for comments on the banking industry's
"Know Your Customer" program. It proposes that software be installed in every U.S. thrift institution that will monitor each depositor's
transactions. It's all in the name of money laundering.

This group is fighting the proposal.

**********************************************************************

I'm participating in an Internet campaign to stop a regulation which would require your bank to spy on you, and I'd like to invite you to join me.

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 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 defendyourprivacy.com and sign the petition.

Thank you.

----------------------------------------------------------------------




To: IngotWeTrust who wrote (29030)2/25/1999 9:27:00 PM
From: SilverFox77  Read Replies (1) | Respond to of 116779
 
<<CNBC's URL where viewers can track down CNBC soundbyte stories during any given day, like today's byte caught my eye.
I want to follow oup on the S/W inter-mute and that other product which block annoyingººº/timewasting/cookie packing website miscellany.>>

Did not have to look far for url.......think it's what you're talking about............Lorraine

msnbc.com

That is the tech section of CNBC/MSNBC story w/ accompanying video (ugh) clip..........