Date: 04/27/2005 05:07 PM
From: Brad Kruse ([email protected])
Subject: Your Money Under More Scrutiny
The IRS has to be drooling over this AML stuff ("Your Money Under More Scrutiny," April 26, 2005). Also the tree huggers. On the other hand, I expect Congress and organized labor to have a cow come next election time. Talk about campaign finance reform.
In all this crap about money laundering, I didn't see anyone concerned about privacy issues, freedom from unwarranted interference from the government, or the bank's responsibility to its customers. In a real sense, the government is dictating new and arbitrary limits on what a bank is allowed to do for its customers. That starts sounding more like socialism than democracy or capitalism.
The next stage will likely be a law mandating all digital records reference a common international timestamp. Maybe they can amend the law making the United States a metric nation.
What is most insidious about this AML approach is that it will be here even if we restore the basic rights that the Patriot Act now tramples on. Or will banks have to spin off new operations that will be allowed to form without using the Big Brother AML systems?
Another kudo for Congress, I guess. Congress -- the school of unintended consequences -- and never graduated a single class.
- - -
Date: 04/28/2005 06:36 PM
From: Dave Lucas ([email protected])
Subject: Podcasting Killed the Radio Star
I've filed an "alternative" version of the story, titled "Podcasting Killed the Radio Star: NOT!" that appears on my blog ("Podcasting Killed the Radio Star," April 27, 2005).
- - -
Date: 04/28/2005 12:56 PM
From: Gerry Larose ([email protected])
Subject: Bill Calls For Foreign Workers
"Microsoft is having a hard time finding skilled workers within the United States, and the lack of H-1B visas for skilled workers is only making the situation worse" ("Bill Calls For Foreign Workers," April 28, 2005).
This is absolute nonsense. It would be nice for once to read something in Wired that was not ITAA propaganda.
This is about one thing, cheap labor.
- - -
Have a Rant or Rave for Wired News? Send it.
Note: If you do not want to see your message published in Rants & Raves, please let us know in your letter.
