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U.S. Granted Access to European Bank Info

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Posted on Jul 8, 2010
Euro symbol
AP / Daniel Roland

The euro symbol looms large outside the European Central Bank tower in Frankfurt, Germany.

Here’s another bit of news guaranteed to win us friends around the world: On Thursday, EU officials voted in favor of granting U.S. anti-terror investigators access to Europeans’ bank information.  —KA

BBC:

The vote followed tough negotiations with US authorities after a previous agreement was blocked by the European Parliament in February.

EU negotiators say the new deal gives EU officials authority to monitor the US investigators’ actions.

The deal gives the US access to bulk data from Swift, a firm that handles millions of bank transactions daily.

Washington says the Swift deal is crucial to fighting terrorism, as part of the US Terrorist Financing Tracking Programme (TFTP) set up after the September 2001 attacks on the US.

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RAE's avatar

By RAE, July 9, 2010 at 7:11 am Link to this comment

Love the picture and caption:“The euro symbol looms large outside the European Central Bank tower in Frankfurt, Germany.”

Only a rip-off con game that is in collusion with governments and the elite have the money to build a “bank tower” to say nothing about being able to afford a monstrous sign like that. Oh ya… I forgot… they just PRINT the money or when in a hurry for it, someone just TYPES IT INTO A COMPUTER SCREEN and CREATES IT OUT OF THIN AIR.

The banking business, right from your local single-office credit union through to, well, you pick one - they’ve all been in the news demanding handouts “or else” - for the most part is nothing but legalized THEFT. The only difference between the CU and the mega banks is the size of the scam.

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By Mike3, July 8, 2010 at 10:38 pm Link to this comment

What a load of old cobblers. They will be telling us next that they need to monitor our bowl movement as it’s necessary to fight terrorism. The fear that many European business and head’s of companies have, is that the information will be used in industrial spying – my thoughts exactly.

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By zaphodity, July 8, 2010 at 8:10 pm Link to this comment
(Unregistered commenter)

I suppose the next logical step for the U.S. would be
internment camps for alleged terrorists ?...No hang on,
you already have those. Every day America becomes more
and more like Nazi Germany. What happened in the 1940’s
can VERY easily happen again…Just look at Iraq, only
takes the right circumstances and lies. By the time you
realize it’s happening it’s too late.

Things will blur till you can’t tell the difference
between torture and water boarding…No hang on, you
already can’t.

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PatrickHenry's avatar

By PatrickHenry, July 8, 2010 at 6:15 pm Link to this comment

War on Banks, now thats the one I’m waiting for.

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RAE's avatar

By RAE, July 8, 2010 at 12:47 pm Link to this comment

You twist the arm (torture) long enough and anyone will yell “uncle.” That’s what’s known in America as negotiation!

The USA won’t rest until they make “1984” a reality for every living soul on the planet. They won’t be happy until they have one “security” agent for every citizen.

And you know what? When they do the TERRORISTS will still exist, will still be a threat, will still be able to penetrate the US defences whenever they wish, and will still be used as an excuse to tighten the screws on the innocent even more.

Boy I’m sure glad I don’t belong to the incoming generations. Compared to the life I had from the 1940s to date, theirs is going to be HELL.

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