Banks scrutinize even routine transactions. (It means more than Elliot Spitzer.)

Banks scrutinise even routine transactions. (It means more than Elliot Spitzer.)

www.npr.org

Banks use software to spot patterns in routine transactions.
"Banks monitor even the most mundane transactions.

Every one, no matter how small."

(visit the link for the full news article)


www.prisonplanet.com

[edit on 13-3-2008 by Clearskies]

Unfortunately I can't read the transcript without paying!
BUT, if you listen, you'll probably be concerned.
My bank says that 500$ and up is monitored by homeland security.
This involves a 2.00$ transaction at a coffee shop.
Who are these people who can barely speak English, monitoring America??
There's an article on
prisonplanet from 2004;

Despite Congressional action cutting funding, and the resignation of the program’s controversial director, retired admiral John Poindexter, DARPA’s TIA program is alive and well and prying into the personal business of Americans 24 hours a day, seven days a week.

“When Congress cut the funding, the Pentagon – with administration approval – simply moved the program into a ‘black bag’ account,” says a security consultant who worked on the DARPA project. “Black bag programs don’t require Congressional approval and are exempt from traditional oversight.”

WHAT???!!!!

www.npr.org
(visit the link for the full news article)

Just means, that drug and gun running money is used to fund the program. Easy way of making no one can audit it, etc....

Of course.
Do people realize how small purchases are tracked? and then given a score, according to 'suspect' transactions?
My bank advertises it as 500$, not EVERY one.

*BUMP*
Just putting this back out there for discussion.