All U.S. Intelligence Agencies – Including CIA and NSA – to Spy On Americans’ Finances

George Washington's picture

Reuters notes:

U.S. to let spy agencies scour Americans’ finances


The Obama administration is drawing up plans to give all U.S. spy agencies full access to a massive database that contains financial data on American citizens and others who bank in the country, according to a Treasury Department document seen by Reuters.




Financial institutions that operate in the United States are required by law to file reports of “suspicious customer activity,” such as large money transfers or unusually structured bank accounts, to Treasury’s Financial Crimes Enforcement Network (FinCEN).


The Federal Bureau of Investigation already has full access to the database. However, intelligence agencies, such as the Central Intelligence Agency and the National Security Agency, currently have to make case-by-case requests for information to FinCEN.


The Treasury plan would give spy agencies the ability to analyze more raw financial data than they have ever had before ….




The planning document, dated March 4, shows that the proposal is still in its early stages of development, and it is not known when implementation might begin.




The plan calls for the Office of the Director of National Intelligence – set up after 9/11 to foster greater collaboration among intelligence agencies – to work with Treasury. The Director of National Intelligence declined to comment.

The excuse given for this intrusion on privacy?

As with the destruction of all of our privacies  and other liberties, the excuse given is terrorism.

Indeed, given that the government claims the right to assassinate or indefinitely detain Americans without any due process of law, do you think government employees will hesitate in seizing the assets of Americans labels as “enemies?”

The government has done it before, and President Obama  authorized seizure of property again last year.

And the government’s take-down of Megaupload was an  exercise of the power to seize all of the legal property held in a storage facility because a handful of crooks have illegal property in theirs.

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The Navigator's picture

I remember getting my 1st computer in 1986, then the BBS's (Bulletin Board Services??) and getting a domain name in 1995 - it seemed technology was fantastic and that information/communication had just quantum leaped and WOW what a great thing for consumers/businesses.

And then government turned this whole thing on our heads.

Now, giant database server farms in Utah that will store EVERYfuckingTHING you do and say...... unlimited spying by our government on citizens for no reason and without warrant.... and really, a Paranoid Empire that fears its citizens and is trying everything to limit their rights and disarm them.

About the only 1 good thing this interweb thing has brought about is ZeroHedge, IMHO.

Yes_Questions's picture



and when they learn what they already know, that most people are totally broke, then what?

Element's picture

The financial wave-function then collapses creating about 3.15 trillion anti-dollars that instantly detonate against the fed's balance sheet in a brilliant cosmic non-flash of pure nothingness self-annihilating.

Winston of Oceania's picture

Time for a run on the bank I say!

"The Obama administration is drawing up plans to give all U.S. spy agencies full access to a massive database that contains financial data on American citizens and others who bank in the country, according to a Treasury Department document seen by Reuters."

The Navigator's picture

Time to unplug, everything - TV (Freddie would agree), computer (no on-line anything, sorry Tyler), back to waiting in line at banks for deposits and withdrawals (more cash transacation to reduce trips to bank), no credit card purchases, paying bills with checks and envelopes/stamps, no smart phones or for that matter no cell phones (I wonder if THEY even bother to monitor the copper line conversations anymore).

Can it be done? Going Anti-technology to disrupt THEIR easy access to our liberties?

Ted Kacynski was wrong about a lot - but maybe there was something in his anti-technology thoughts.

I'm just not liking where it's being used against us when we pay for it - kinda like the whole FRN thing too.

pan's picture

Fat PVC pipe and midnight gardening bitchez!

rsnoble's picture

Largest amount of actual cash I have ever withdrawn from a bank is $150k and required advance notice.  That was around 15 years ago.  I withdrew $10k cash last year and it was more hassle than the $125k.

Under the guise of terrorism they're looking for taxable transactions.  And the occasional "real" terrorist that is doing business without having the gov't involved.

My alcoholic neighbor has accused me of burrying all that cash on my property as we were friends at the time (he is 3 miles away I live in the sticks) and I told him now why would I do something that stupid?  It could be 3' off your front porch step.  I'm still waiting to drive by and see holes all over his yard he's that stupid lol.

rsnoble's picture

Ugh haven't had my coffee yet it was $125k.  Quite an impressive stack.  Just for future reference I am not filthy rich or I wouldn't be bragging about it lol.  I wouldn't mind knowing what it's like to consider suicide(like some have actually done during the crash) when I'm down to my last $50million.  That must just be horrible.

ceilidh_trail's picture

Several years ago, I tried to cash a 13k check at my local usbank. I'd been a customer for 15 years. They wanted to put a 10 day hold on it. So, I took the check to my credit union where I'd had a small account for even longer time period but little cash in it. The credit union gave me ALL cash right then. I took the cash and deposited it in my usbank account. THEY STILL PUT A HOLD ON IT! I complained and got my money in 2 days and then closed my account with them- I also transferred my home mortgage from them. "Nuff said, big banks suck. I'm sure this new .gov "safety effort" applies everywhere, so I also will be using cash whenever possible.

Element's picture

Drones ... you know ... like, for everybody ...

Well get this, this is an interesting little twist as now even your cloths, carpets or the dust bunnies under your desk may have electronic ears.

These molecular scale integrated microphone, transceivers and antennas are operating right now and they even supply their own DC battery power using the same technology. And they're literally invisible, even to a high power optical microscope. They're much too small to be seen by anything but an electron-tunnelling microscope (but their presence may be detectable with a very narrow band scanner). But what really makes these things so insidious is that they're literally the most sensitive vibrational and audio sensors ever created. They're also super-clean amplifiers and their molecular batteries are ten times more energy dense than any other known battery technology. Plus they use tiny amounts of power to create a weak but exceptionally clean narrow discrete signal, that can be easily captured and reamplified by a whole network of identical nanotube radio transceivers, nearby.

i.e. you can cover an entire major city, or even a whole country with a thin dispersed layer of these invisible receivers (or even an enemy's entire country) and no one would even know they were there. But they would work as a contiguous hidden radio network, operating at the speed of light, and would effectively connect up with all the receivers in a city, or in a country. Getting the picture?

Thus you could seed a target's person without them knowing about it with hundreds of these molecular radios, designed to chemically bind to hair folicles, cloths, skin etc, and go with them everywhere for several months, and listen to absolutely everything that happens, with the highest quality sound reproduction. It's also possible to make super-sensitive high-definition camera's using this same technology.

Who needs 1984-esque Telescreens to keep track of people, or spy on them then? Soon you won't even see cameras or their UHF antennas on the street anymore, as the existing security cameras will literally disappear from the street-scapes, but they sure won't be gone--they'll be literally everywhere, and anywhere, all the time.

Winston of Oceania's picture

I won't say much on the subject but think of the capability a few years down the road and they will be mobil and have the ability to join together to take on bigger tasks when needed. Imagine a dusty cloud taking shape before you when suddenly it strikes you down then dissipates...

putaipan's picture

falak premie paneer makin' fun of curious otto !!! ..... now that's why i tune into the chanel 0 !

putaipan's picture

(sorry i stepped to the front of anotherwise serious post george.......... tyllleeeeeers!)

moneymutt's picture

Hey George - can you put in a plug for alternative and righteous economist Steve Keen's kickstarter campaign to fund development of his Minsky software to more a accurately model ecomomies...surprise, it takes into account money created by bank debt....It could bring economics into 20th century and break the BS of static neoclassists.

Half_A_Billion_Hollow_Points's picture



For god's sake DO NOT take your cell phone to the coinshop.

dunce's picture

If they restricted themselves to monitoring foreigners, i would have no objection, but DHS has focused 99% of it's efforts on US citizens that are not muslims. You can design a data sort program to focus on whatever you want. For example everyone that wrote checks to conservative politicians or organizations. That can be used with other criteria to target people for tax audits or put them on lists of security risks resulting in being denied govt. jobs. Perhaps you got a temporary assignment in another state for a couple of months and they used that to remove your name from the voter rolls in your home state by claiming you had moved. You would not be notified and not know until you went to the polls and your name was not listed. Sure you could get your name back on after a fight but the election would be over and your vote never counted. This has already happened to me and all i did was rent an apartment in another county in the same state. The practice is called caging, and has been done for years by corrupt hands. Now it can be done on a large scale with computers.

moneymutt's picture

There are no checks and balances, once you let them spy on whoever they want with no oversight, count to 10 and be guaranteed some morall weak, ambitious person or true believer in some cause or power monger in govt position of power or even just technician on the staff will choose to use this data to their own one is checking remember, spy on your political opponents, spy on your girlfriend etc

Bicycle Repairman's picture

So the IRS cannot get the job done?

groundedkiwi's picture

Oh the joys of freedom and democracy. Coming to a neighbourhood near you soon.

IamtheREALmario's picture

I suppose the question might be: "why do they do it?". I have heard it told that they do it not because they give a damn about terroists or even those who disagree with O'bummer's agenda. They do it so they can get inside info and steal money from those that do not have inside info.

Yes, and that would make them just a corrupt bunch of parasitic scumbags ... but what did we expect, eh?

working class dog's picture

I say pass a law to gain access to the finances of the people running the CIA and NSA, and drone their useless murder causing assess!!

DOT's picture

NSA has had access to every database, just not permissions.

Brixton Guns's picture

NSA [], has in its highest ranks the satanic high priest of the Temple of Set, child raping murderer LtCol {aka nsa "general"} Michael A. Aquino

NSA is exempt from any law congress passes that does not specifically include NSA in its language.  Guess how many laws include the NSA in their language?

A free unicorn and a lifetime of candy to the winner.

Intoxicologist's picture

I was thinking of offering up a Dig-Your-Own vault service.  I've got 70 acres of disturbed ground from uprooted trees thanks to a tornado a couple of years ago, the subsequent logging operations, a pervasive mole problem, hole-diggin' dogs, and buried remnants of old outbuildings and more junk/pipes/cans/metal odds and ends from the old farmstead that used to stand here than you could shake a GPR stick at.

The Navigator's picture

Is there a 'preferred rate' for the ZH brotherhood?

Intoxicologist's picture

No charge.  You just gotta bring your own shovel.

Bingfa's picture

Who still uses a bank?

Low-tech is the new Hi-tech

medium giraffe's picture

If they want to investigate where American citizens' money is going, it would probably be much easier for them to look in their OWN fucking bank accounts!

NuYawkFrankie's picture

Why would they want to spy on Americans' fiancés ?

This is where I draw the line in the sand - perverts!

cherry picker's picture

The only regret I have is my children were born on American soil and are Americans.  I'm not.  I don't want any part of the new regime.  I haven't missed the USA in the slightest since I moved out and feel a lot more free in the country many call third world.

tony bonn's picture

the indonesian citizen is doing what his nazifeller commanders ordered....the only terrorist organization in the usa is the cia....

this invasion of privacy is pure outrage.....and you can believe that the bush crime syndicate will make much of it....

sun tzu's picture

I can name a few more terrorist organizations in the USA:





Fed Reserve

Brixton Guns's picture

FBI = fucking brainless idiots

NSA = no such agency

CIA = completely insane assholes

TSA = totally sick assbandits

DHS = dumbass homicidal sickfucks

FDA = fatal drugs allowed

AMA = american murder association

NIH = national institute for homicide

WHO = world homicide organization

CDCP = center for disease circulation and proliferation

EPA = endlessly poisoning america

FCC = fucking censorship cuntfucks

FAA = fullon airline apathy

FDC = foody death chemicals


Optimusprime's picture



But...but...I was taught that "CIA"=Cocaine Import Agency

pashley1411's picture

I'm so glad we got that whole "4th Amendment" thing out of the way and done with.  

dontgoforit's picture

People can just take their money to the Caymans or somewhere big deal.

Brixton Guns's picture

Money... you mean FRN's?  HAHAHAhahahahahahaha

williambanzai7's picture

It's not that they want to monitor your finances per se. It's that if they decide you are a "person of interest" (don't you love that unspeak?) the best profile they can build of you involves all your spending habits. Where you call, where you eat, where you sleep, what you buy from Amazon etc.

This is 1984 without the necessity of a camera, only they have that too.

I can't think of a better reason not to use credit and debit cards instead of cash.

wintermute's picture

Yeah. With government spying at this level the Bitcoin FX rate against USD will be going ballistic even faster than the 800% gain already in the last year!

krispkritter's picture

THEY CAN SEE what you buy FROM AMAZON?  Oh shit...'PRANK CALLER, PRANK CALLER!!!!' (click)

otto skorzeny's picture

how about if you piss them off about anything they'll freeze your accounts-like any oil dictator that doesn't dance to their tune

The Navigator's picture

I'm still on the fence about BitCoin, but doesn't this make the (or a greater) case for such a thing as BC?

CH1's picture

doesn't this make the (or a greater) case for such a thing as BC?

For sure. Bitcoin is a nice tool to have in your bag.

Bingfa's picture

Oh, you mean that vast underground economy that is growing out of control?

It's like there's two Americas.....


Cognitive Dissonance's picture

Thank God I'm just your average everyday TBTF bankster. I fly completely under the radar that way.