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Old 08-09-2009, 08:12 AM   #21
Lil bastard
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Join Date: Feb 2008
Location: Du Monde
Posts: 2,199
Quote:
Originally Posted by tnoice
Doesn't the Federal Government already have the power to look at your financial records through the immense power of the IRS!!

Yes they do, but in fairly narrowly defined way, using a little thing we like to call Probable Cause.

Even in a random IRS audit the IRS can only use your income as reported by your employer or you Bank or financial institutions. If they want to probe deeper, they must first seek a warrant after first presenting Probable Cause before an elected magistrate (who acts on your behalf to protect your personal freedoms).

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