Encroaching Global Dictatorship Takes Giant Step: Senate Passes Draconian "Financial Regulatory Bill'

Update on: Pending U.S. Legislations Reveal Zionist Totalitarian Aspirations 5-2-10 "A little noticed section (Section 152, page 63) of the Obama administration's Financial Reform bill would create a new 1,000-employee office within the Department of the Treasury, the Office of Financial Research...The OFR is a companion entity to the Consumer Financial Protection Bureau (CFPB), which is also proposed in the legislation (section 1001, page 1030). 'These pending legislations clearly reveal that the push to achieve totalitarian power is in full swing.'"[see post; 2nd article]
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Senate Democrats Pass Bill Allowing Govt to Collect Addresses, ATM Records of Bank Customers

(CNSNews.com) – Senate Democrats united to pass a financial regulatory bill that allows the government to collect data on any person operating in financial markets at any level, including the collection of personal transaction records from local banks, including customers’ addresses and ATM receipts.

The bill, if it becomes law, will create the Bureau of Consumer Financial Protection and empower it to “gather information and activities of persons operating in consumer financial markets,” including the names and addresses of account holders, ATM and other transaction records, and the amount of money kept in each customer’s account.

Senator Richard Shelby (R-Ala.) said that Democrats who claim this new bureaucracy will protect consumers are misleading the public. “[T]he American people are being misled,” Shelby said on the Senate floor on Thursday night.

“The authors of this bill are telling them that this legislation has been drafted to address the recent financial crisis and that it will ‘tame’ Wall Street. I am afraid that they are going to be disappointed.”

Shelby slammed the new consumer bureaucracy, saying that it was meant not to protect consumers but to “manage” them by monitoring their behavior. “Mr. President, make no mistake, behind the veil of anti-Wall Street rhetoric is an unrelenting desire to manage every facet of commerce under the guise of consumer protection.
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re: "manage every facet"

Privacy? What is that? It will no longer exist when this bill, having now sailed through the Zionist-controlled puppet U.S. Senate, takes it's final form and is signed into dictatorial law by the rubber-stamper himself. That that is exactly what will happen is a foregone conclusion. The invented global 'financial-debacle' of the last year and nine months or so has been created for this very reason - to provide the rationalization needed to take absolute control of commerce, not only in the U.S. but globally, so as to then seize the power to "manage every facet" of it.

Voila, the plan is working exactly as designed. In this next phase of development of the soon-to-be global financial system, Americans will be effectually assimilated and their finances will become an open book. Big Brother will be reading those books and placing himself in the position of overseer of all things monetary. Can you say '666'?
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The above article describes only part of what the bill contains, that which will directly affect the individual. There is much more to it though, equally ominous in regard to the undeniable intent of the totalitarian power-grabbers. For instance:

"A nine-member Financial Services Oversight Council" [appointed, of course]...

"The CFPB would provide a more centralized source of consumer protection than the several agencies involved in that process now"...

"The CFPB would also have the power to override state consumer laws depending on the circumstances involved"...

"the Federal Reserve will experience new regulatory influence over nonbank financial institutions. Those that appear as a grave threat to the nation's financial system would be broken apart [in other words...private businesses may be taken over at will] excerpted from: Senate approves financial reform bill credit.com 5-21-10

The end-game is on. Be aware.
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'Go to now, ye rich men, weep and howl for your miseries that shall come upon you. Your riches are corrupted, and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.' JAMES 5:1-3