Housing rescue bill has provision that requires all credit card transactions be reported to the IRS!
WASHINGTON - July 24, 2008 - Texas Congressman Dr. 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 provision that will require that all credit card transactions be reported to the IRS.
Furthermore, the bill gives approval to increase the national debt by $800 billion. It also requires those in the mortgage industry to be fingerprinted.
With 600 pages, who knows what else is hidden in 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 then file a complete report.
Ed. Note: When the government goes broke, its "Final Solution" is to drag the American people down with it by taxing the people into a hole of unpayable debts.