Friday, January 19, 2007
Protecting America
As part of my loan application process, I have to sign this "Patriot Act Information Disclosure". It seems that because of the Patriot Act, banks must now ask to see identification when opening an account.
Now my question is this: what did we do BEFORE the Patriot Act? Could I have just gone into a bank and say "My name is Bill Gates and I'd like to borrow 10 million dollars"? I need to show my ID to rent "Snakes on a Plane" at Blockbuster. But it took the Patriot Act to get banks to ask for ID when I want a couple hundred thousand dollars?
I feel safer already.
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As part of my loan application process, I have to sign this "Patriot Act Information Disclosure". It seems that because of the Patriot Act, banks must now ask to see identification when opening an account.
Now my question is this: what did we do BEFORE the Patriot Act? Could I have just gone into a bank and say "My name is Bill Gates and I'd like to borrow 10 million dollars"? I need to show my ID to rent "Snakes on a Plane" at Blockbuster. But it took the Patriot Act to get banks to ask for ID when I want a couple hundred thousand dollars?
I feel safer already.
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