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NEWS AND VIEWS THAT IMPACT LIMITED CONSTITUTIONAL GOVERNMENT

"There is danger from all men. The only maxim of a free government ought to be to trust no man living with
power to endanger the public liberty." - - - - John Adams

Monday, November 12, 2012

DHS To Scan Your Payment Cards at the airport



Big Brother DHS will require travelers to declare the value of prepaid cards that they are carrying
  • The Bill of Rights and 4th Amendment have no meaning in the American Police State.
  • Both political parties work together to fund and protect the growing Federal Police State.


The American Police State  -  The bi-partisan destruction of the Bill of Rights goes on and on.

Travelers leaving or entering the United States have long been forced by Big Brother Government to declare cash and other monetary instruments exceeding $10,000.  Unconstitutional, but "required."  What you do with your money should not be the business of any government . . . . it is your money!

Now, under a new unconstitutional proposed amendment to the Bank Secrecy Act, FinCEN (Financial Crimes Enforcement Network) will also require travelers to declare the value of prepaid cards that they are carrying, known now as “tangible prepaid access devices.”

Wireless electronic card reader
 (Photo: USDA)

Expected to be finalized by the end of this year, the cross-border reporting modifications stem from a broader October 2011.  Definition of payment methods and form factors that replaced the term “stored value” with the term “prepaid access” in an effort to more accurately describe the process of accessing funds held by a payment provider reports Forbes.

Enforceability falls to U.S. Immigration and Customs Enforcement and U.S. Customs and Border Protection both within the Department of Homeland Security. 

The departments are already developing advanced handheld card readers that can ascertain whether a traveler is carrying a credit card, debit card, or prepaid card. This differentiation is important because only prepaid card balances will need to be added to declaration report forms.


TSA stopping people on US highways without warrants or probable cause
This will PISS YOU OFF!!
TSA, with State Police and National Guard as the muscle.
This is the end of the 4th amendment. They are now in bus stations and subways too!





Other questions to be settled include how to determine mobile phone wallet and key fob balances that can function in a manner similar to card swiping.  Issues include how to distinguish between reloadable and non-reloadable prepaid cards, how to distinguish between bank-issued and non-bank-issued prepaid cards, should closed loop gift cards be included in the cross-border reporting requirements.

To come are rules about what to do about cards that clear customs with a minimal balance but are then subsequently reloaded with an amount in violation of the reportable limits, and what to do about a large number of nonpersonalized, unembossed cards.

(Forbes)




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