One of my credit cards wanted me to scan my face on my cell phone, my investment firms want me to train their AI on my voice. I'm not comfortable with any of this.
@@AJ5 This is how mine happened. My credit card stopped working. So I called my credit card company to see what the problem was. They said that they needed a facial scan using their app to continue using my credit card. I looked at the app saw that they were basically collecting a 3-D model of my face and decided to close the account. Actually, I didn't close it, I just stopped using that credit card. But now, I wonder how long it's going to be before my other banks want the same thing. I'm sorry, I understand they want to reduce fraud, but this is all getting a little too dystopian for me.
If I want to buy beer at the nearest grocery store now, the company that owns it (Kroger) requires cashiers not only to check ID in every case (no matter my graying hair) but actually to scan the bar code on the ID, creating a record that ties my identity to the purchase even though I use cash. I buy my beer elsewhere.
I used to work at a bank as a teller and vault manager... having to fill out the Currency Transaction Reports (CTR) and Suspicious Activity Reports (SAR) was time consuming. The worse part is that we were directed to file them for customers that had normal thriving businesses that dealt with cash. It seemed wrong then and looking back it does look like evidence of government overreach.
I derive a certain level of satisfaction knowing that there are a heap of "suspicious" activity reports detailing bank tellers asking me "what do you do for a living?" and receiving the response "your mom". 😂 😂 😂
True, I get hassled whenever I move money overseas to my offshore accounts, which I have to tediously report every year to Treasury. In reality real criminals use gold, diamonds or cryptocoin to launder money.
The BSA was a part of the American shift to fascism, in it's technically accurate definition. After the US went off the gold standard government and related institutions transitioned from holding gold in their treasuries to holding securities (i.e. stocks) which in turn granted them voting power (i.e. influence and eventually control) over corporations.
@@JPs-q1o There's almost no limit to how many "turning points" that can be cited as the "worst" regression in personal freedoms, including financial freedoms, but the public at large and their representatives seem to be too uninformed, lack sufficient knowledge, lack sufficient education, too uninterested, too uninformed, just plain lazy, or some combination of these, that contribute to the inanity. Every time someone decries some problem or societal ill some incensed person decries that "Somebody needs to do something!" What they really mean is "I want somebody ELSE to handle this problem." Meaning they want the government to "do something." When I hear this I shout back, incensed, "Don't say that. No you don't. The solution almost invariably makes matters worse!" And so it does. Again, and again, and again. Either that person has the power to fix it, or they don't. Whichever system is involved has a way of not honoring the incensed person's demands. Personally, I make an effort to fix problems myself where I can. Trash in the street? I don't call public works, or sanitation, or whomever, I pick it up myself. Graffiti? I remove it, or work with other entities on a remedy in which I participate. I don't think it's my responsibility, but I don't assume it isn't either, and so if I don't like something enough to say something, then I work at a solution, personally. I've worked at several banks. Banks are a big, creaky, nearly immovable machine that will only make changes if forced to, and even then slowly. Bankers tend to be a stuffy lot, comfortable in their ways. The framers of our constitution were an incredibly insightful group of folks, who's insight has never been duplicated. Much, or most, of what has followed, has boiled down to avarice or a thirst for power or both. Sadly, it takes that knowledge, education, etc. etc. I mentioned to have any meaningful understanding of things, and the combination of these attributes is held by a small minority of folks.
I literally told my banker it was none of her business, and then said, in fact, write a bank check for the full amount. She asked for what reason? I replied that I was changing banks. I did that day. It's none of their business. Probably more my business who they're lending MY money to.
@@Vt12365 I do keep a small amount of cash on hand. For my normal purchases, I do pay cash. But this was the institution that was being far too invasive about knowing what I was spending my money on. It's none of their business what I eat, my brand of toilet paper, or anything else. It's like me telling them - who are you going to lend my money to?
As an Australian who lived in the USA for 5 years, and now in the EU for 3 years, I’ve become aware of how America’s undermining of financial privacy has also been exported to the rest of the world. Unfortunately it’s just one more part of the meta-crisis that feels too big to fight :-(
Worst then that , aust bank managers were abducting kids in 1970s ,, i was even taken ,,.. so after being stalked daily ,, i was told to get assesed come back in 7 years.. to show i had not been in a bank for 7 years , from PTSD, & sure its been 30 years , even now , but bank managers are creepy weirdoes ,, i hope digital ID stops them,, westpack with 23 million breaches of accessing minors ,, with over 40,000 stalkingminors 2019~ 2023 they got $4 million fine.. while Commonwealth bank was charged $700 Million ,, creepy behaviour,, ANZ managers went to jail..
I just looked it up. In 1970 an ounce of gold was $38.90. Let's call it $40.00 just to make the math simple. So, in 1970 $10,000.00 would have purchased 250 ounces of gold. TODAY, or more correctly, right now, gold is at $2329.20. Let's call it $2330.00 just to keep the math simple. TODAY, 250 ounces of gold would cost $582,500.00. So IF this ABOMINATION is going to exist at all, then let's keep it to the spirit of the original bill - tie the reporting limit to the free market price of 250 ounces of gold OR the cost of a new house, whichever is greater. Anything under that amount is none of their business. Then we can start working on forcing the government agencies to require a 4th amendment warrant to invade our privacy. The difference between ideal and optimal is a brilliant and illuminating concept. Thank you.
I just looked it up, in 2015 the price of gold was at $1,159. Let's call that 1165 for simplicity with the maths, that's HALF the price of the 2330 it is today - less than a decade ago. I think we should go back to trading with sheep. They're cute, fluffy and less susceptible to fluctuations due to the gold and housing markets since raising sheep requires neither gold or housing. Thank you.
"You can´t burn down the entire world just to prevent someone from stealing a pack of gum. The cost is to high." Wiser words have not been spoken in a long time (maybe since 2001). From that point of view the optimal crime rate is not zero!
“Cash is King!” People need to get smarter, withdraw and use cash for nearly all purposes… this will mitigate the financial control. Convenience is the capturer!!
The information was delivered in digestible amounts, but I found the delivery so annoying that I didn't want to hear whatever message was being delivered. Perhaps I just think too much about the content provided, or about the information's relationship and impact to other things and my own life, but the back and forth was distracting and required constant shifting of mental gears as the speech patterns of the two presenters was dramatically different. I don't think it enhanced the understanding of the information, but distracted to the point of annoyance. Plus the unnecessary sing-songyness, the intonation, of the female presenter was just plain treacly, and I'm not young enough to like a lot of sweets. I thought the information was good, but that the delivery needs improvement.
Ummm, don't get defensive but imma be honest this sounds like a you problem. If the delivery is good that me and other people can easily digest it, then maybe it's an issue with your reception (as you already mentioned with you getting distracted and annoyed). It could be ADHD btw, my friend recently got medically diagnosed with it and it sounds like you have some of the same symptoms
@@AJ5 Well, that's just it. I thought the delivery was TERRIBLE. My message got truncated, so the full explanation of the issue with the delivery is in a different attached comment. The woman's cadence, tone, and especially her intonation were TERRIBLE for delivering information. Perhaps I'm just used to more professional delivery than the one she provided. Perhaps she sounds the way teachers in school sound these days? If you sound her speech neutral, or even pleasant, it's something I'd like to understand further, because I found it comically bad. The rapid fire back & forth between presenters is also a BAD THING when giving presentations. I thought everybody knew this. I'm surprised they didn't. Imagine two professors in a classroom in a college finance course, each professor with completely different speaking voices, and have them go back and forth every few seconds without any logical break in the dialogue. Most, if not all students would HATE that. I've given, and attended enough presentations over the many decades to know what good delivery sounds like. If I ever got even close to presenting the way these folks did, my customers would think I had some psychological deficiency, and it wasn't ADHD, & my employment would be terminated. While I don't have the aforementioned disorder, I like my information delivered quickly and concisely. I don't have time for lots of extra words. I like people to get to the point. My time is valuable. My customers are the same, and they DO NOT EVER like lots of fluff. Have you ever seen an executive summary? That's what most executives want. Is it because they have ADHD? Most don't, but they are pressed for time. So my analysis and critique comes from decades of experience delivering and consuming content for audiences that range from common folks through to the C-levels at the world's largest corporations. My analysis is correct and my critique, while provided for free, is worth money. My normal analysis fee is $250, which is a stone cold bargain given my education and background.
Hey Salvador Manella I got a notification that you replied but I am sorry, I do not have the time to read your lengthy message. Please accept my apologies. I am sure it took you a lot of time to write that and I appreciate the effort.
The BSA was a part of the American shift to fascism, in it's technically accurate definition. After the US went off the gold standard government and related institutions transitioned from holding gold in their treasuries to holding securities (i.e. stocks) which in turn granted them voting power (i.e. influence and eventually control) over corporations.
I never worked a day from work so I did not have to use MFA. Now we received emails that we needed to download an authenticator app on our phones. Well I immediately sent an email to our companies legal department stating that I use a privacy phone and that I will not download any app that interferes with my phones condition. This ended up with HR and the said they could not force us to use our personal property and gave me 2 options. A company phone or a upgraded security key that creates randomized code by touch (not biometric). So I chose the latter. Now I'm part of a pilot program for use of the upgraded security key. They were leaning this was already because an company officer had his phone cloned and used to access our company.
If I want to buy beer at the nearest grocery store now, the company that owns it (Kroger) requires cashiers not only to check ID in every case (no matter my graying hair) but actually to scan the bar code on the ID, creating a record that ties my identity to the purchase even though I use cash. I buy my beer elsewhere.
All regulations not covered by the Constitution of the United States should have sunset provisions. The law essentially expires say, after 6 years. The legislation has to reintroduce, vote on, and pass a new regulation, if it's something that needs to continue.
Yes. ALSO, all bills must be under 5,000~10,000 words. All bills should also be given the appropriate time to actually be READ by our representatives (all of whom, along with their aids and staffers, should have term limits, especially when they collectively have the power to override a presidential veto). Also, no omnibus bills.
@@akam9919 Get rid of omnibus bills. All bills much receive a floor vote in both houses of congress to be passed. No more combining an aid to Ukraine bill with a border security bill and new environmental regulations. No more earmarks.
If the laws contradict the Constitution, including limits on federal and state power imposed by the Constitution, they are null and void and should be overturned immediately.
I worked for a bank for 41 years and all of this is true. We had to take test for these laws or face fired/jail time. There are so many privacy acts that are still in place being a BC, Dist. Mgr. or Corp Mgr. I have afraid since the 1970s. Have my job as a secret. My boss had camera put in and around her house...
My father used to do a lot of dodgy stuff with money. If you have enough connections, money, and power no one is reporting anything to anyone. That being said.. for us regular people: somehow instagram knows what I buy at the grocery store and other stores. As soon as I get home I get an ad for it. The problem is these rules don't apply for the >1% of the population.
Your phone listens, records and catalogs everything for advertising, proof, and likely many more intents that you don’t know of and probably don’t want to know of. This includes locations, every word / sound around mic/ bar codes / cards-chips/ and much More
What about privacy leaks? Why are banks, IRS and companies allowed to let everything leak all over the web? It's easy to do a search on people to get their age, income, net worth and address. I'm tired of it all. Humanity would be better off with no Internet.
...I disagree with you conclusion. Humanity would be better off without GOVERNMENT. Saying "no" to the internet is saying yes to cable and government controlled propaganda machines.
This is such an important video Naomi. Here in the UK government overreach is of the scales, especially in the finance sector. It gets worse year on year. Thank you once again. By the way, this is the first notification I've had from your channel for a while and I don't know why (or is it TH-cam interference?).
Thank you for this incredibly informative financial surveillance education. I was born after 1970 so I did not know a difference to what we have today. I agree that a starting place is getting the information out there and educating people. That said I have no idea what to change. I use banks to hold cash. I use credit cards to make purchases and earn points. And I think to a large degree American society wants to hold the government responsible for their safety and have resigned a lot of privacy for that expectation regardless of actual performance. So my question is what to do that isn't illegal, that isn't making honest people's lives and jobs more difficult, attacking people who are just doing their jobs? If laws are there, and requirements for data collection are there, how can we take back some privacy, SHORT OF USING CASH FOR EVERYTHING AND KEEPING CASH OUTSIDE OF THE BANKING SYSTEM? I do like your ideas on multiple phone numbers, porting out to VOIP numbers, and siloing activity to different numbers. I also have a non Google/Apple/Microsoft/Yahoo email and silo logins amd info this way. Perhaps an in depth tutorial vid in the near future?
The problem is that even if we know - there is nothing we can do. Absolutely every single payment system and every single bank is like that. In our country, when I got my new card, I signed a document and answered a bunch of questions. Am I a political person ?, Where does my money come from ?, what do I use it for? There are even people whose money was withheld by the bank. Imagine your relative transferring an amount to your account and then having to explain to the bank about this money. It is scary. They began to treat every person as a potential criminal and terrorist. And to cross all possible (and normal) boundaries with the justification that they are doing it for good.
Just incredible information. Thanks to all who contributed to the time in research and knowledge shared in this video. The world is vastly changed and will continue to keep evolving and not with the customers' privacy kept in any kind of perspective. May the Lord have mercy on all our souls 🐾 🕊 🙏
I currently work for a certain 3 letter bank, and I can tell you that what we get to see at the branch level is just scratching the surface of privacy violations. We have at least 16 publicly available 'partners' we share all of your data with, but we don't know how many other companies those 16 partners share to. We will straight up get fired if we tell people that anything over 10k gets reported. We will straight up get fired if we give people information about 'confidential' matters like why all of our systems are down. It's all a bunch of invasive bullshit and I wish I could wear a button camera some days.
Any plans on doing a video on plate readers, hidden street light cameras and the tracking system tied into street lights to fusion centers? Thank you for fighting the good fight.
Now i understand why my banker asked what i was spending my money on or if i knew the company i was paying. I thought she was just getting too many scammed and was worried. Now i know it was her job to be suspicious and report me. I had just sold a house (strike one). I ordered movers to move my furniture but wasnt sure which card they were processing so i xfered $5k into my usually nearly empty acct to make sure there were bo delays with thw movers (strike two). And finally i have to find another residence but was thinking of owning an apartment building. I wanted a little more training on what makes a good/bad deal when purchasing apartments. That training would cost me $6500 (strike three). I'm sure she wrote the whole thing as a suspicious activity as she was Nervous Nelly and couldn't hide herself.
And then you have banks who simply cancel somebody's bank account, just because it was "suspicious". When pressed further, the bank explained that, since the transactions might be suspicious, they would need to report on that and that would incur additional costs on the bank.
We had a similar law in the UK, any purchase over £10000 means you are a suspect! It was to stop criminals buying cars for cash and later selling them. It also means moving money to savings accounts gets you investigated. Some banks block your account. They don't realise why we have so many Albanian barbers in every town, often a few of them right next to each other. Cash only, but always empty and making a lot of money.
The BSA was a part of the American shift to fascism, in it's technically accurate definition. After the US went off the gold standard government and related institutions transitioned from holding gold in their treasuries to holding securities (i.e. stocks) which in turn granted them voting power (i.e. influence and eventually control) over corporations.
Last time I wanted to open a bank account in my country (Switzerland) it took 3 weeks until I've gotten access because some of my data had do be proven by some US authorities... wtf!
10:32 "it's kind of the epitome of Privacy For Me But Not For Thee" My favourite quote in this video. Tbh I would (and already did) give up some of my privacy to live in a safer world. The issue is when the power dynamics are unequal and unfair. Humanity can build better systems!
So the real question Naomi is can we set up a system where our bank doesn’t know how we’re using our money? Essentially using the bank as a repository but with a VPN in the middle so they can’t see how we use our hard earned cash. Virtual CC already exist so how can we make this work?
What about the planned series on privacy in cars? The first video is now five months old and I can't find a second episode. Has the series been cancelled or is something else planned?
Nope! Keep what you need to pay monthly expenses. Save the rest in cash. For cash purposes. My tax preparation advisor told me. She and her husband are from Germany. They're familiar with governments overreach!
"First we overlook evil, Then we permit evil. Then we legalize evil. Then we promote evil. Then we celebrate evil. Then we persecute those who still call it evil." Fr. Dwight Longenecker “In the Last Days, Good will be called Evil and Evil will be called Good.” Are We There YET ?
Especially on videos like this, I would love to hear a bit about what we could do about the problem. Whether mitigating it in our own lives, or mentioning potential policies or politicians who l they actually seem to care about fixing the issue. We're smart enough to decide from there if that one issue is enough for us to vote for the person. Having it mentioned will slowly make politicians realize that a stance on privacy will get them more votes.
yes it is so true, many things that were important to everyone was been slowly eroding away, without many people opening their eyes to it. However yet many people still embrace FIAT currency as the true value of anything still. All well, perhaps time will tell.
Our founders specifically laid out that it is better for a few guilty people to be free than for any innocent to be jailed. And not all jails have visible bars.
The single biggest thing that we can do to get control over our Government is to ban omnibus bills. This giant loophole is an absolute travesty that utterly distorts the law-making process.
It's not your government. It's not even a government. Title 28 USC 3002 Section 15A states that the United States is a Federal Corporation and not a government, including the Judiciary Procedural Section. They've told us.
@@JPs-q1o sorry to disappoint you but they've never been involved. Guess what? the fascist, Patriot act was penned by a Filipino-American lawyer from Marcos-the -dictator's gov't.
Remember, we are only given excuses for idealized legislation and government activity, not reasons for their actual implementation. Why? At best, there are none. At worst, they are not in your interests. The consequences, regardless, are terrifying.
KYC only if you are a US citizen, opening an account or obtaining a driver's license requires verifible information. However accounts, license, phones and much more are provided daily to individuals who enter your country illegally.
Naomi, great video. There is a whole other aspect of this that you totally left out. Most American financial institutions have outsourced their tech/back office operations to India and other countries. This means that those workers have access to all the financial data as well. I have decades in IT at a major U.S. bank and my job along with 20,000 others went to India. You need to have access to the data in order to do your job. What country is a breeding ground for steeling our identity and running scams on Americans? India!
Called credit card company today, connected oversees, and she's asking for all my data. I asked to be transferred to someone in my own country before I would give her all that info. So, yeah, I thought the same thing you stated as a fact. This is crazy!
IMO at this point we should have a sunset provision on laws like this wherein if the law is not successfully used for at least X convictions based on Y criteria and all avenues of appeal exhausted, it shall automatically be repealed on Z date.
7/6/24...NOW GOVT WANTS NO CASH.... ONLY CRIPTO WHICH VAN EASILY BE STOLEN OR HACKED ONLINE... OR POWER/GRID GOES DOWN"... HOW DOES THAT HELP THE LARGE PERCENTAGE OF LOYAL/LEGAL PPL + THEIR BILLS + BILL PAYING FOR THE MAJORITY OF HONEST PPL?
Might as share with everyone here. No doubt the US federal government was told by the various brokerage firms, banks, and credit union I inherited a total of $325,000 when my older brother died in 2020. When all the sudden I had more interest and dividend income to report on my income tax return. They knew it came from my brother pushing up daisies and not illegal activity.
We as employees (now retired) were fingerprinted often, pictures were taken often (looks changed) background continue even today. Your I.D. is flagged... I had to take another pic from 4yrs ago and only thing diff was my hair. The clerk told me it was requested and I am an old lady now. This expires when I do!
@@gregmcinnes77 No that doesn't really cut it, there are major differences in the laws in finance between the two countries, it's part of the reasons why Australia posted a positive figures during the GFC when every other countries economy went negative.
What we need to do is stop allowing bills that are thousands of pages long that the author knew no one would read from submitting them. Instead we need a much shorter version of these bills that is a couple of pages long and tells in a nutshell what is being proposed. Also we need to be able to nullify any part of any bill at any time if something detrimental is found to be hidden in it and essentially make it as if that part of it didn't exist on paper. I mean go so far as to redact it out or edit it out. Any senator who gets such a really long multipage bill should just hand it back to the person who wrote it and tell them not to come back until they can make it 10 pages or less and sternly warn them that it must be easy to read be ALL people just in case it is made part of the law!! Tell them not to even set foot in the office or lobby again with a bill unless it meets these requirements.
Thanks so very much for this important piece of information regarding banks and the issues with their customers information and transactions being exposed to Government bureaucrats seeking to control our lives. I think the best thing to do is just withdraw all money from the banks just hide it somewhere under our beds so these powered addicted shysters can't get a hold of it. Keep up the good work Naomi. I always enjoy your videos on privacy.
Remove banks from your life and only use them when absolutely needed. IE: if you gave to pay a bill through an account then only deposit what is needed for said bills. Direct deposit ok gov see that either way but then just pull out anything not going to bills.
Some areas (not just one store but like an entire shopping center) are card only and did not accept cash. I've been sounding the alarm about the ever increasing move to sites, apps, and companies requiring a user to have a mobile phone and/or requiring a biometric facial scan. Resist and make your voice heard or soon your only choice will be to abstain. It may already be too late.
One of my credit cards wanted me to scan my face on my cell phone, my investment firms want me to train their AI on my voice. I'm not comfortable with any of this.
I already fell for the face scan "security feature" and it's too late to turn back. I also log into my bank account using my fingerprint.
LOL I even resist 2FA with SIMs
That's all being sold off to form a giant Palantir database for global surveillance.
@@AJ5 This is how mine happened. My credit card stopped working. So I called my credit card company to see what the problem was. They said that they needed a facial scan using their app to continue using my credit card. I looked at the app saw that they were basically collecting a 3-D model of my face and decided to close the account. Actually, I didn't close it, I just stopped using that credit card. But now, I wonder how long it's going to be before my other banks want the same thing. I'm sorry, I understand they want to reduce fraud, but this is all getting a little too dystopian for me.
If I want to buy beer at the nearest grocery store now, the company that owns it (Kroger) requires cashiers not only to check ID in every case (no matter my graying hair) but actually to scan the bar code on the ID, creating a record that ties my identity to the purchase even though I use cash. I buy my beer elsewhere.
I used to work at a bank as a teller and vault manager... having to fill out the Currency Transaction Reports (CTR) and Suspicious Activity Reports (SAR) was time consuming. The worse part is that we were directed to file them for customers that had normal thriving businesses that dealt with cash. It seemed wrong then and looking back it does look like evidence of government overreach.
I derive a certain level of satisfaction knowing that there are a heap of "suspicious" activity reports detailing bank tellers asking me "what do you do for a living?" and receiving the response "your mom".
😂 😂 😂
True, I get hassled whenever I move money overseas to my offshore accounts, which I have to tediously report every year to Treasury. In reality real criminals use gold, diamonds or cryptocoin to launder money.
@@raylopez99you mean art; hunter biden paintings
Or over-inflating your wealth and then trying to over-throw the government and approving of an insurrection
@@dannyteebone9233 ...or $80K each Clinton speeches to rooms full of banksters...
Using cash is one of the best ways to keep some privacy
Using Monero is the best way to keep total privacy in international transactions.
Yea untill you relize the police can steal it at pretty much anytime
So the cops can just come in a take it. There's No win, but to get this crap stopped and who is the only one who can do that? Trump! ❤
@@andiestwo5f trump
The problem is that large wads of cash are implied suspects in unspecified crimes.
We frogs are just about boiled. It’s hard not to be black pilled by the state of surveillance. Your videos give me hope though.
The BSA was a part of the American shift to fascism, in it's technically accurate definition. After the US went off the gold standard government and related institutions transitioned from holding gold in their treasuries to holding securities (i.e. stocks) which in turn granted them voting power (i.e. influence and eventually control) over corporations.
@@JPs-q1o There's almost no limit to how many "turning points" that can be cited as the "worst" regression in personal freedoms, including financial freedoms, but the public at large and their representatives seem to be too uninformed, lack sufficient knowledge, lack sufficient education, too uninterested, too uninformed, just plain lazy, or some combination of these, that contribute to the inanity. Every time someone decries some problem or societal ill some incensed person decries that "Somebody needs to do something!" What they really mean is "I want somebody ELSE to handle this problem." Meaning they want the government to "do something." When I hear this I shout back, incensed, "Don't say that. No you don't. The solution almost invariably makes matters worse!" And so it does. Again, and again, and again. Either that person has the power to fix it, or they don't. Whichever system is involved has a way of not honoring the incensed person's demands. Personally, I make an effort to fix problems myself where I can. Trash in the street? I don't call public works, or sanitation, or whomever, I pick it up myself. Graffiti? I remove it, or work with other entities on a remedy in which I participate. I don't think it's my responsibility, but I don't assume it isn't either, and so if I don't like something enough to say something, then I work at a solution, personally. I've worked at several banks. Banks are a big, creaky, nearly immovable machine that will only make changes if forced to, and even then slowly. Bankers tend to be a stuffy lot, comfortable in their ways. The framers of our constitution were an incredibly insightful group of folks, who's insight has never been duplicated. Much, or most, of what has followed, has boiled down to avarice or a thirst for power or both. Sadly, it takes that knowledge, education, etc. etc. I mentioned to have any meaningful understanding of things, and the combination of these attributes is held by a small minority of folks.
Good analogy
I literally told my banker it was none of her business, and then said, in fact, write a bank check for the full amount. She asked for what reason? I replied that I was changing banks. I did that day.
It's none of their business. Probably more my business who they're lending MY money to.
Very common in last 3 years. My bank blocked my payment to take an online class. Walked in to the bank and closed it
lol dude put it into bitcoin watch bitcoin university true free money!
Australia?
If you’re that stubborn, perhaps you should just keep cash instead.
@@Vt12365 I do keep a small amount of cash on hand. For my normal purchases, I do pay cash. But this was the institution that was being far too invasive about knowing what I was spending my money on. It's none of their business what I eat, my brand of toilet paper, or anything else.
It's like me telling them - who are you going to lend my money to?
As an Australian who lived in the USA for 5 years, and now in the EU for 3 years, I’ve become aware of how America’s undermining of financial privacy has also been exported to the rest of the world. Unfortunately it’s just one more part of the meta-crisis that feels too big to fight :-(
I keep telling people it's the robber banks, not the bank robbers that are the problem.
Unrated comment, look at the profits from Australian banks and we only have 30M people in Australia.
The banksters!
#AuditTheFed too, the govt is working in cahoots with all 3!
Worst then that , aust bank managers were abducting kids in 1970s ,, i was even taken ,,.. so after being stalked daily ,, i was told to get assesed come back in 7 years.. to show i had not been in a bank for 7 years , from PTSD, & sure its been 30 years , even now , but bank managers are creepy weirdoes ,, i hope digital ID stops them,, westpack with 23 million breaches of accessing minors ,, with over 40,000 stalkingminors 2019~ 2023 they got $4 million fine.. while Commonwealth bank was charged $700 Million ,, creepy behaviour,, ANZ managers went to jail..
At some point your money will be theirs. You will own nothing.
You just said what i was thinking. The most bother me is nobody notice that. Most thinks that is normal nowdays.
What bailouts and for what reason?
I just looked it up.
In 1970 an ounce of gold was $38.90. Let's call it $40.00 just to make the math simple.
So, in 1970 $10,000.00 would have purchased 250 ounces of gold.
TODAY, or more correctly, right now, gold is at $2329.20. Let's call it $2330.00 just to keep the math simple.
TODAY, 250 ounces of gold would cost $582,500.00.
So IF this ABOMINATION is going to exist at all, then let's keep it to the spirit of the original bill - tie the reporting limit to the free market price of 250 ounces of gold OR the cost of a new house, whichever is greater. Anything under that amount is none of their business.
Then we can start working on forcing the government agencies to require a 4th amendment warrant to invade our privacy.
The difference between ideal and optimal is a brilliant and illuminating concept. Thank you.
I just looked it up, in 2015 the price of gold was at $1,159.
Let's call that 1165 for simplicity with the maths, that's HALF the price of the 2330 it is today - less than a decade ago.
I think we should go back to trading with sheep. They're cute, fluffy and less susceptible to fluctuations due to the gold and housing markets since raising sheep requires neither gold or housing.
Thank you.
@@sirtra No. we just have to go back to the year the act was signed into law. 1970.
@@bogywankenobi3959 i love that Americans think they are the centre of the universe 🥰
@@bogywankenobi3959/ gold prices were fixed before that bill. Not really an apples to apples comparison
@@sirtra LOL, some of them don*t even know where Canada is
"You can´t burn down the entire world just to prevent someone from stealing a pack of gum. The cost is to high." Wiser words have not been spoken in a long time (maybe since 2001). From that point of view the optimal crime rate is not zero!
Well, said👏🏾👏🏾👏🏾
What about stealing your grandma's credit card?
@@vadimuha I´d rather gladly help out my grandma than living in a CBDC world.
@@oliverhansen2784 Help out by allowing her to get scammed?
And a $10K limit os ridiculous! Should be at least $50K!
“Cash is King!” People need to get smarter, withdraw and use cash for nearly all purposes… this will mitigate the financial control.
Convenience is the capturer!!
The amount of work you put into this to make it easily digestible is highly appreciated!
The information was delivered in digestible amounts, but I found the delivery so annoying that I didn't want to hear whatever message was being delivered. Perhaps I just think too much about the content provided, or about the information's relationship and impact to other things and my own life, but the back and forth was distracting and required constant shifting of mental gears as the speech patterns of the two presenters was dramatically different. I don't think it enhanced the understanding of the information, but distracted to the point of annoyance. Plus the unnecessary sing-songyness, the intonation, of the female presenter was just plain treacly, and I'm not young enough to like a lot of sweets. I thought the information was good, but that the delivery needs improvement.
Ummm, don't get defensive but imma be honest this sounds like a you problem.
If the delivery is good that me and other people can easily digest it, then maybe it's an issue with your reception (as you already mentioned with you getting distracted and annoyed).
It could be ADHD btw, my friend recently got medically diagnosed with it and it sounds like you have some of the same symptoms
@@AJ5 Well, that's just it. I thought the delivery was TERRIBLE. My message got truncated, so the full explanation of the issue with the delivery is in a different attached comment. The woman's cadence, tone, and especially her intonation were TERRIBLE for delivering information. Perhaps I'm just used to more professional delivery than the one she provided. Perhaps she sounds the way teachers in school sound these days? If you sound her speech neutral, or even pleasant, it's something I'd like to understand further, because I found it comically bad. The rapid fire back & forth between presenters is also a BAD THING when giving presentations. I thought everybody knew this. I'm surprised they didn't. Imagine two professors in a classroom in a college finance course, each professor with completely different speaking voices, and have them go back and forth every few seconds without any logical break in the dialogue. Most, if not all students would HATE that. I've given, and attended enough presentations over the many decades to know what good delivery sounds like. If I ever got even close to presenting the way these folks did, my customers would think I had some psychological deficiency, and it wasn't ADHD, & my employment would be terminated. While I don't have the aforementioned disorder, I like my information delivered quickly and concisely. I don't have time for lots of extra words. I like people to get to the point. My time is valuable. My customers are the same, and they DO NOT EVER like lots of fluff. Have you ever seen an executive summary? That's what most executives want. Is it because they have ADHD? Most don't, but they are pressed for time. So my analysis and critique comes from decades of experience delivering and consuming content for audiences that range from common folks through to the C-levels at the world's largest corporations. My analysis is correct and my critique, while provided for free, is worth money. My normal analysis fee is $250, which is a stone cold bargain given my education and background.
Hey Salvador Manella
I got a notification that you replied but I am sorry, I do not have the time to read your lengthy message.
Please accept my apologies. I am sure it took you a lot of time to write that and I appreciate the effort.
@@AJ5 I understand. Read it when you have a spare moment. Good luck with your endeavors. Cheers.
The BSA was a part of the American shift to fascism, in it's technically accurate definition. After the US went off the gold standard government and related institutions transitioned from holding gold in their treasuries to holding securities (i.e. stocks) which in turn granted them voting power (i.e. influence and eventually control) over corporations.
Plus use cash and immediately you're flagged as a criminal. The evil vile monsters run the show.
I never worked a day from work so I did not have to use MFA. Now we received emails that we needed to download an authenticator app on our phones. Well I immediately sent an email to our companies legal department stating that I use a privacy phone and that I will not download any app that interferes with my phones condition. This ended up with HR and the said they could not force us to use our personal property and gave me 2 options. A company phone or a upgraded security key that creates randomized code by touch (not biometric). So I chose the latter. Now I'm part of a pilot program for use of the upgraded security key. They were leaning this was already because an company officer had his phone cloned and used to access our company.
I would have asked for a company phone with the upgraded security key.
Every time you use your credit card, BAM, your location, what you bought, and how much, and what time
Universal unique identifier and all it's missing is biometric data to ensure that it was actually you executing the transaction.
Wait til the digital currency arrives in 24 months.
If I want to buy beer at the nearest grocery store now, the company that owns it (Kroger) requires cashiers not only to check ID in every case (no matter my graying hair) but actually to scan the bar code on the ID, creating a record that ties my identity to the purchase even though I use cash. I buy my beer elsewhere.
If you don't dispute the charge, they're certain it's you. It's mostly passive data gathering@@JPs-q1o
And your phone shows your location, how fast your going, what you buy, browsing history etc. etc.
All regulations not covered by the Constitution of the United States should have sunset provisions. The law essentially expires say, after 6 years. The legislation has to reintroduce, vote on, and pass a new regulation, if it's something that needs to continue.
agreed
Yes. ALSO, all bills must be under 5,000~10,000 words. All bills should also be given the appropriate time to actually be READ by our representatives (all of whom, along with their aids and staffers, should have term limits, especially when they collectively have the power to override a presidential veto).
Also, no omnibus bills.
@@akam9919 Get rid of omnibus bills. All bills much receive a floor vote in both houses of congress to be passed. No more combining an aid to Ukraine bill with a border security bill and new environmental regulations. No more earmarks.
...you meant -500 to no more than 1000 words maximum. Yes?@@akam9919
If the laws contradict the Constitution, including limits on federal and state power imposed by the Constitution, they are null and void and should be overturned immediately.
Just wow!
(Corporal cuddling add-on greatly appreciated)!
Hence their BIG push to get rid of cash!
I worked for a bank for 41 years and all of this is true. We had to take test for these laws or face fired/jail time. There are so many privacy acts that are still in place being a BC, Dist. Mgr. or Corp Mgr. I have afraid since the 1970s. Have my job as a secret. My boss had camera put in and around her house...
My father used to do a lot of dodgy stuff with money. If you have enough connections, money, and power no one is reporting anything to anyone.
That being said.. for us regular people: somehow instagram knows what I buy at the grocery store and other stores. As soon as I get home I get an ad for it.
The problem is these rules don't apply for the >1% of the population.
Your phone listens, records and catalogs everything for advertising, proof, and likely many more intents that you don’t know of and probably don’t want to know of.
This includes locations, every word / sound around mic/ bar codes / cards-chips/ and much More
This video really got me thinking ... great stuff, as always. Cheers
One more cat pun at the end and the cat was going to smack you. 😂
lol he sure didn't like my paw-taste in puns...
@@NaomiBrockwellTV Please make a video about how we should make a movement to repeal the bank secrecy act.
What about privacy leaks? Why are banks, IRS and companies allowed to let everything leak all over the web? It's easy to do a search on people to get their age, income, net worth and address. I'm tired of it all. Humanity would be better off with no Internet.
You had me before you went full r*tard with that last remark.
FACT #💯
It tells you a lot when the internet started as a DARPA project.
@@LyricsQuest And a college dropout started Facebook to collect everyone's info, okay, right (clandestine CIA project)
...I disagree with you conclusion.
Humanity would be better off without GOVERNMENT.
Saying "no" to the internet is saying yes to cable and government controlled propaganda machines.
This is such an important video Naomi. Here in the UK government overreach is of the scales, especially in the finance sector. It gets worse year on year. Thank you once again. By the way, this is the first notification I've had from your channel for a while and I don't know why (or is it TH-cam interference?).
weird! Glad you got this notification!
Thank you for this incredibly informative financial surveillance education. I was born after 1970 so I did not know a difference to what we have today.
I agree that a starting place is getting the information out there and educating people. That said I have no idea what to change. I use banks to hold cash. I use credit cards to make purchases and earn points. And I think to a large degree American society wants to hold the government responsible for their safety and have resigned a lot of privacy for that expectation regardless of actual performance.
So my question is what to do that isn't illegal, that isn't making honest people's lives and jobs more difficult, attacking people who are just doing their jobs? If laws are there, and requirements for data collection are there, how can we take back some privacy, SHORT OF USING CASH FOR EVERYTHING AND KEEPING CASH OUTSIDE OF THE BANKING SYSTEM?
I do like your ideas on multiple phone numbers, porting out to VOIP numbers, and siloing activity to different numbers. I also have a non Google/Apple/Microsoft/Yahoo email and silo logins amd info this way. Perhaps an in depth tutorial vid in the near future?
After banking with the commonwealth for 40yrs I had my accounts closed without explanation or compensation. It was a frigging nightmare.
What? Why?
What commonwealth
@@sl4983Australia the Commonw.
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve (and will receive) neither Liberty nor Safety."
Man the best advice I can convey; request your Lexus/Nexis report. It will blow your mind. Likely scare you.
If you can get it
Hi Naomi. I like your ribbon. Thanks for this banking privacy news.
The problem is that even if we know - there is nothing we can do. Absolutely every single payment system and every single bank is like that. In our country, when I got my new card, I signed a document and answered a bunch of questions. Am I a political person ?, Where does my money come from ?, what do I use it for? There are even people whose money was withheld by the bank. Imagine your relative transferring an amount to your account and then having to explain to the bank about this money. It is scary.
They began to treat every person as a potential criminal and terrorist. And to cross all possible (and normal) boundaries with the justification that they are doing it for good.
Very well produced! Sending to all my friends :) Going to watch a lot more of your content!
Thanks for your support & sharing!
Just incredible information.
Thanks to all who contributed to the time in research and knowledge shared in this video.
The world is vastly changed and will continue to keep evolving and not with the customers' privacy kept in any kind of perspective.
May the Lord have mercy on all our souls 🐾 🕊 🙏
If I give this video a “thumb’s up”, how many government reports and data broker reports does that trigger?
I currently work for a certain 3 letter bank, and I can tell you that what we get to see at the branch level is just scratching the surface of privacy violations. We have at least 16 publicly available 'partners' we share all of your data with, but we don't know how many other companies those 16 partners share to. We will straight up get fired if we tell people that anything over 10k gets reported. We will straight up get fired if we give people information about 'confidential' matters like why all of our systems are down. It's all a bunch of invasive bullshit and I wish I could wear a button camera some days.
You are wonderful! Thank you for your kind efforts to save the ignorant parts of the society from themselves and from the machine. Nice hair.
"It is better a hundred guilty persons should escape than one innocent person should suffer." ~ Benjamin Franklin.
Any plans on doing a video on plate readers, hidden street light cameras and the tracking system tied into street lights to fusion centers? Thank you for fighting the good fight.
I hope she covers this. I lived in a big city where a suspicious street light attachment starred into our apartment windows.
Naomi makes the color cyan look so elegant 😮
she is my nerd goddess.
Naomi makes everything look elegant.
Considering that people can just go in stores and steal up to 950$, one has to wonder what these regulations is for.
Surveillance and assumed control
I must admit I tuned in for the beauty, but stayed for the crucial content!
Oh hi! Nice to see googlelord started to recommend you again!
I love that these videos really get into the weeds of the subjects discussed.
Now i understand why my banker asked what i was spending my money on or if i knew the company i was paying.
I thought she was just getting too many scammed and was worried. Now i know it was her job to be suspicious and report me.
I had just sold a house (strike one). I ordered movers to move my furniture but wasnt sure which card they were processing so i xfered $5k into my usually nearly empty acct to make sure there were bo delays with thw movers (strike two).
And finally i have to find another residence but was thinking of owning an apartment building. I wanted a little more training on what makes a good/bad deal when purchasing apartments. That training would cost me $6500 (strike three).
I'm sure she wrote the whole thing as a suspicious activity as she was Nervous Nelly and couldn't hide herself.
The constitution will be shredded one little snip at a time. That slippery slope only tilts one way.
And then you have banks who simply cancel somebody's bank account, just because it was "suspicious". When pressed further, the bank explained that, since the transactions might be suspicious, they would need to report on that and that would incur additional costs on the bank.
We had a similar law in the UK, any purchase over £10000 means you are a suspect!
It was to stop criminals buying cars for cash and later selling them.
It also means moving money to savings accounts gets you investigated.
Some banks block your account.
They don't realise why we have so many Albanian barbers in every town, often a few of them right next to each other. Cash only, but always empty and making a lot of money.
We really need to create a law on naming these bills as they are almost always the opposite of what they are titled
hah indeed
You're not going to do that in this system.
Great report Naomi.
The BSA was a part of the American shift to fascism, in it's technically accurate definition. After the US went off the gold standard government and related institutions transitioned from holding gold in their treasuries to holding securities (i.e. stocks) which in turn granted them voting power (i.e. influence and eventually control) over corporations.
Last time I wanted to open a bank account in my country (Switzerland) it took 3 weeks until I've gotten access because some of my data had do be proven by some US authorities... wtf!
yeah it's crazy
Thank you for all of your helpful content. What sucks is things like this make you feel like a mouse in a trap.
It’s not really bout preventing crime, it’s about collecting more taxes to offset the increasing cost of servicing the debt.
Yeah you are absolutely right
10:32 "it's kind of the epitome of Privacy For Me But Not For Thee"
My favourite quote in this video.
Tbh I would (and already did) give up some of my privacy to live in a safer world. The issue is when the power dynamics are unequal and unfair. Humanity can build better systems!
Then you deserve neither and that's what you'll get
So the real question Naomi is can we set up a system where our bank doesn’t know how we’re using our money? Essentially using the bank as a repository but with a VPN in the middle so they can’t see how we use our hard earned cash. Virtual CC already exist so how can we make this work?
What about the planned series on privacy in cars? The first video is now five months old and I can't find a second episode. Has the series been cancelled or is something else planned?
still in the works, it's just an epic undertaking. But it's in the pipeline already!
@@NaomiBrockwellTV It's a big deal when Naomi writes "epic undertaking". Thank-you so much for your hard work. This is real journalism.
So glad my car and TV are dumb and old.
Nope! Keep what you need to pay monthly expenses.
Save the rest in cash.
For cash purposes.
My tax preparation advisor told me. She and her husband are from Germany. They're familiar with governments overreach!
Thanks for the wakeup call!
"First we overlook evil, Then we permit evil. Then we legalize evil. Then we promote evil. Then we celebrate evil. Then we persecute those who still call it evil." Fr. Dwight Longenecker
“In the Last Days, Good will be called Evil and Evil will be called Good.” Are We There YET ?
Great as always
Another great video. Thank you for all the information….
That's why I use my own safe in my own home, and no one ever knows how much money I have saved up and they never will.
Especially on videos like this, I would love to hear a bit about what we could do about the problem. Whether mitigating it in our own lives, or mentioning potential policies or politicians who l they actually seem to care about fixing the issue.
We're smart enough to decide from there if that one issue is enough for us to vote for the person. Having it mentioned will slowly make politicians realize that a stance on privacy will get them more votes.
yes it is so true, many things that were important to everyone was been slowly eroding away, without many people opening their eyes to it. However yet many people still embrace FIAT currency as the true value of anything still. All well, perhaps time will tell.
Use a local credit union, they have more protections than banks and are required to be financially solvent.
Credit Unions were bankrupted in the 80's. Look it up. Does Charles Keating mean anything to you?
Our founders specifically laid out that it is better for a few guilty people to be free than for any innocent to be jailed. And not all jails have visible bars.
The single biggest thing that we can do to get control over our Government is to ban omnibus bills. This giant loophole is an absolute travesty that utterly distorts the law-making process.
It's not your government. It's not even a government.
Title 28 USC 3002 Section 15A states that the United States is a Federal Corporation and not a government, including the Judiciary Procedural Section.
They've told us.
Such a good video! Scary. But informative and good.
Does all this equally apply to credit unions as well?
Yes
Soooo, who is writing up All these intrusive bills?
The ones who profit from them, of course.
The tiny hats club
Lobbyists have something to do with it. You know, the kind originating 226 miles northeast of Washington DC.
@@LyricsQuestThe lobbyists create the legislation.
@@JPs-q1o
sorry to disappoint you but they've never been involved. Guess what? the fascist, Patriot act was penned by a Filipino-American lawyer from Marcos-the -dictator's gov't.
Remember, we are only given excuses for idealized legislation and government activity, not reasons for their actual implementation.
Why?
At best, there are none.
At worst, they are not in your interests.
The consequences, regardless, are terrifying.
Thanks 🙏. Just subscribed to your TH-cam channel. Enjoying this video and looking forward to watching a few more. Thank you 🙏 again! ❤
Thank you!
@@NaomiBrockwellTVthanks for your reply
KYC only if you are a US citizen, opening an account or obtaining a driver's license requires verifible information. However accounts, license, phones and much more are provided daily to individuals who enter your country illegally.
BANKS have become a SCAM
Naomi, great video. There is a whole other aspect of this that you totally left out. Most American financial institutions have outsourced their tech/back office operations to India and other countries. This means that those workers have access to all the financial data as well. I have decades in IT at a major U.S. bank and my job along with 20,000 others went to India. You need to have access to the data in order to do your job. What country is a breeding ground for steeling our identity and running scams on Americans? India!
Called credit card company today, connected oversees, and she's asking for all my data. I asked to be transferred to someone in my own country before I would give her all that info. So, yeah, I thought the same thing you stated as a fact.
This is crazy!
@@Lili-xq9sn The programmer over there can still access the data files whether you interact with them or not.
IMO at this point we should have a sunset provision on laws like this wherein if the law is not successfully used for at least X convictions based on Y criteria and all avenues of appeal exhausted, it shall automatically be repealed on Z date.
I have worked in fintech and compliance and I didn't know some of what was covered in this video.
Cool, how do I buy my own profile? Also is this scrubbed data where it's my habits but identity is removed
Purfectly presented, leaving us feline that we need to keep a better cats eyes on the banks.
Could resist.
😹😹😹😹
Depressing.
7/6/24...NOW GOVT WANTS NO CASH....
ONLY CRIPTO WHICH VAN EASILY BE STOLEN OR HACKED ONLINE...
OR POWER/GRID GOES DOWN"...
HOW DOES THAT HELP THE LARGE PERCENTAGE OF LOYAL/LEGAL PPL + THEIR BILLS + BILL PAYING FOR THE MAJORITY OF HONEST PPL?
Might as share with everyone here. No doubt the US federal government was told by the various brokerage firms, banks, and credit union I inherited a total of $325,000 when my older brother died in 2020. When all the sudden I had more interest and dividend income to report on my income tax return. They knew it came from my brother pushing up daisies and not illegal activity.
We as employees (now retired) were fingerprinted often, pictures were taken often (looks changed) background continue even today. Your I.D. is flagged... I had to take another pic from 4yrs ago and only thing diff was my hair. The clerk told me it was requested and I am an old lady now. This expires when I do!
Great video Naomi ❤
Could you give this talk for the Australian banking system?
I mean they are different right? This video left me a bit confused.
@@sl4983 She's reporting on American banking problems, yet she's an Aussie.. I suppose Australia doesn't matter :(
The rest of the world follows
@@gregmcinnes77 No that doesn't really cut it, there are major differences in the laws in finance between the two countries, it's part of the reasons why Australia posted a positive figures during the GFC when every other countries economy went negative.
Thanks for posting
Amazing video. Thx NBTV!
Could you imagine them saying because you gave information to your doctor that it's no longer private 😂
That is scary 😱 to think 💭 about
It's time to start repealing some of these acts!
And this is what is thrusting cryptocurrency forward. People don’t want to be spied on, even if they aren’t doing anything illegal.
You act like that will be an option in the coming months with CBDC coming online (Revelation 13 is the horizon)
Thanks Naomi.
Thank you
Identity theft and docusign;
Can you help us understand this ?
What we need to do is stop allowing bills that are thousands of pages long that the author knew no one would read from submitting them. Instead we need a much shorter version of these bills that is a couple of pages long and tells in a nutshell what is being proposed. Also we need to be able to nullify any part of any bill at any time if something detrimental is found to be hidden in it and essentially make it as if that part of it didn't exist on paper. I mean go so far as to redact it out or edit it out. Any senator who gets such a really long multipage bill should just hand it back to the person who wrote it and tell them not to come back until they can make it 10 pages or less and sternly warn them that it must be easy to read be ALL people just in case it is made part of the law!! Tell them not to even set foot in the office or lobby again with a bill unless it meets these requirements.
I love your privacy content love from India
Thanks!
Thank you so much for your support!!!
Good video!
Thanks for adding actual captions for the Deaf
Thanks for watching!
Your buddy on the wall behind you let us know they’ve been dragnetting everything for awhile now
Thank you!
Thanks so very much for this important piece of information regarding banks and the issues with their customers information and transactions being exposed to Government bureaucrats seeking to control our lives.
I think the best thing to do is just withdraw all money from the banks just hide it somewhere under our beds so these powered addicted shysters can't get a hold of it.
Keep up the good work Naomi. I always enjoy your videos on privacy.
Remove banks from your life and only use them when absolutely needed. IE: if you gave to pay a bill through an account then only deposit what is needed for said bills. Direct deposit ok gov see that either way but then just pull out anything not going to bills.
Some areas (not just one store but like an entire shopping center) are card only and did not accept cash.
I've been sounding the alarm about the ever increasing move to sites, apps, and companies requiring a user to have a mobile phone and/or requiring a biometric facial scan.
Resist and make your voice heard or soon your only choice will be to abstain. It may already be too late.