All credit card transaction to be reported to the IRS

Ron Paul: Housing Rescue Bill Has Provision That Will Require All Credit Card Transactions Be Reported To The IRS

Texas Congressman Ron Paul, in a 7 minute video message, has spilled the beans on the so called “Housing Rescue” bill just passed by the House, and soon to be passed by the Senate.

The bill is some 600 pages long. Sneaked into the bill is a provison that will require that all credit card transactions be reported to the IRS.

Further, the bill gives approval to increase the national debt by $800 billion. It also requires that those in the mortgage industry be fingerprinted.

With 600 pages, who knows what else was sneaked into this bill? With 600 pages of legalese, you can sneak in a lot. Once the report is in its final form, we are going to attempt to read it,and file a complete report.”

video at economicpolicyjournal.com

Who the hell are these people? And why don’t they step forward and explain themselves?

UPDATE:
The Senate has passed this duplicitous, exploitative, 600-page-long legislation.

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