Saturday, May 31, 2014

The federal tyranny tightens its grip.

New federal database will track Americans' credit ratings, other financial information

1 comment:

FTL said...

Besides the potential for identity theft, the tone the article takes about the privacy angle concentrates on government access to negative credit history.

But the people most at risk from the wannabe tyrants are the ones with the excellent credit histories. A person with an excellent credit history self-identifies through his habits as a person able to police himself to attain what eventually becomes "too much to lose," and the impulse to preserve what is too much to lose is useful leverage for a tyrant.

Most folks would never think of knowingly driving a car with an expired registration because of the hassle and expense of being pulled over and cited. At the same time, there are probably at least a million people in this country who would not think twice about getting behind the wheel without a license, without insurance, and drunk.