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Originally Posted by crich70
I would think at least some of what this supposed bill is supposed to cover is already covered by other laws. I mean fraud that involves money being sent via wire and such for example. That would be the purview of the Treasury Department I would think. Especially since they talk about conterfeiting.
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If it's anything like similar laws we were inflicted with in the UK the purpose will be to close loopholes like requiring evidence of wrongdoing before acting. Obviously it will start out with good intentions (or at least the public will be told it has good intentions), but once it is law all bets are off.
Our anti-terror laws are now used to suppress public demonstrations and give local councils the power to spy on people suspected of trying to send their children to the wrong school or letting their dogs mess in the park. We're not even allowed to take photographs in public without someone demanding to see what we've photographed.