Senate Housing Bill Allows Government to Spy on Internet Commerce
Tuesday, July 1st, 2008The bipartisan housing bill currently being debated in the Senate contains an unrelated amendment that will burden innovative Internet companies and threaten the civil liberties of every American. Without any discussion, Senators added a provision to H.R. 3221 (The American Housing Rescue and Foreclosure Prevention Act of 2008) requiring electronic payment services to collect, aggregate, and transmit details of every sale to the federal government.
This includes not only major credit card providers such as Visa, MasterCard, and American Express, but also pioneers in online commerce such as Amazon, Google Checkout, and eBay’s PayPal. These companies would be required to construct vast databases of personal information from merchants, including names, addresses, social security numbers, and detailed information about every electronic transaction. Not only would these requirements trigger higher fees for merchants and higher prices for consumers, but they will also needlessly subject millions of small businesses to the risk of identity theft. Read the rest of this entry »

