The proposal became a hot topic on talk radio shows. The defeat of this proposal marks a milestone in the power of the internet to arouse the public and influence policy. Despite this victory for financial privacy, the customer-snooping proposal is not dead. Central banking enables controls over financial institutions, which then monitor customers' accounts. Income taxes lead to tax evasion, which the government tries to counter by snooping into bank transactions.
Officials monitor telephone and internet communications to catch alleged criminals.
As the interventions grow and interlock, the US government becomes ever more like that of the former Soviet Union, where the KGB spied on what everybody was doing and saying, and confiscated property at will. The legislation proposed by Ron Paul would help to prevent some of this intrusion. A more comprehensive approach would be one sweeping constitutional amendment that prohibits the government from interfering with any peaceful and honest activity. Your name Your email address Check this box if you'd like to receive occasional Economic Justice Updates via email. No more than one every three weeks on average.