US Govt. can now 'officially' view European bank account activity

We all know that since Sep 2001, US Govt has had access to passenger data of all passengers on all airlines touching down in the US.

Now, it is also confirmed that US Govt shall gain access to all bank account activity (in addition to the airlines) regardless of nationality or origin (if the a/c is based in EU). The agreement has also confirmed that access shall be granted to the SWIFT international payment transfer system. SWIFT is used by pretty much all banks worldwide for transfer of money from one party to another or within same remitter/beneficiary accounts. However, what is alarming, that in the name of terrorism, all transactions are now being watched by the Big Brother, thus making invasion of privacy 'offically legal", despite being in different parts of the world. this only means that you can run away but you cannot hide and that the world is actually a very small place.

The following news was just released by German newspaper - Deutsche Welle. I am confident that this will not be captured/relayed by any of the major media organisations worldwide.

EU to share consumers' financial data with US

Excerpts:

US and European negotiators have completed a draft agreement that would give American law enforcement access to Europeans' financial data to combat terrorism. The deal has consumer and privacy advocates up in arms.

Author: Brett Neely
Editor: Susan Houlton