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Posted on Jun 19, 2008 in Across the US, Activism, Beltway Politics, Congress, Economy, Government

Sen. Bill Forces eBay, Amazon, Google to Report Transactions

It looks like the Democrats decided to go a bit too far this time, trying to slip in some last minute provisions into the mortgage bailout bill that had absolutely nothing to do with mortgages. Here is just a taste, but check out the rest of the story at the link below:

“This is a provision with huge reach, and was slipped into the bill this week. Not only does it affect nearly every credit card transaction, such as Visa, MasterCard, Discover, and American Express, but the bill specifically targets payment systems like eBay’s PayPal, Amazon, and Google Checkout, that are used by many online businesses.”

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