Elon University
The prediction, in brief:

The potential for abusive intrusion by government into the financial affairs of private citizens and businesses is growing almost unnoticed and unchecked.

Predictor: Kimery, Anthony L.

Prediction, in context:

In a 1993 article for Wired magazine, Anthony Kimery, an editor at American Banker Newsletters, outlines the U.S. government’s efforts to keep a handle on private financial transactions. Kimery writes: ”‘There are legitimate concerns’ regarding privacy, a ranking House banking committee staffer conceded in an interview with Wired. ‘Quite frankly, there hasn’t been much congressional oversight with respect to the intelligence community’s involvement with FinCEN. When you start trying to look into this, you start running up against all kinds of roadblocks.’ The GAO official involved in auditing FinCEN agreed that questions regarding the intelligence community’s involvement and attendant privacy concerns haven’t been addressed. If such issues have been the subject of discussion behind the closed doors of the House and Senate intelligence committees, no one is talking openly about it. Meanwhile, the potential for abusive intrusion by government into the financial affairs of private citizens and businesses is growing almost unnoticed and unchecked.”

Date of prediction: January 1, 1993

Topic of prediction: Controversial Issues

Subtopic: Privacy/Surveillance

Name of publication: Wired

Title, headline, chapter name: Big Brother Wants to Look in Your Bank Account: The U.S. Government is Constructing a System to Track All Financial Transactions in Real-Time – Ostensibly to Catch Criminals. Does That Leave You With the Warm Fuzzies – or Scare You Out of Your Wits?

Quote Type: Direct quote

Page number or URL of document at time of study:
http://www.wired.com/wired/archive/1.06/big.brother_pr.html

This data was logged into the Elon/Pew Predictions Database by: Anderson, Janna Quitney