'Obama’s financial spy plan moves US towards Orwellian police state'

Published time: March 15, 2013 14:25

The Obama administration’s financial spying plan, which if enacted will grant spy agencies access to US citizens’ finance data, is a shocking attack on personal freedom, independent journalist Charlie McGrath has told RT.

The planning document recently obtained by Reuters, dated March 4, showed that the legislation is primarily aimed at targeting and tracking terrorist cells, exposing money-laundering schemes, tracing criminal syndicates and curbing corruption.

However, though the plan is still in its early stages, it has sparked mass outrage with many calling it a cover for wide-ranging surveillance net desired by the US government.   

“Sold as an effort to stop international terror groups, the proposed measure pushes us ever closer to a complete Orwellian Police State where you are guilty without cause, evidence, or even accusation,”McGrath, founder of Wide Awake News told RT.

McGrath said the proposed law is in line with legislation like the NDAA and PATRIOT Act, what he called an “ongoing assault on liberty that has been implemented since 911.”

“The future of freedom seems quite clear,” McGrath concluded.

At the same time, experts are skeptical that the legislation would result in a significant increase in arrests of terrorist. “But more citizens could end up being caught up in the financial crosshairs,” Margaret Bogenrief, a founding partner of ACM Partners financial advisory firm told RT.

FULL STORY: http://rt.com/op-edge/us-spy-plan-obama-317/