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NewsMax.com Breaking News
May 7, 2001


NewsMax.com readers know that we have reported on new federal rules and
regulations that invade your privacy, specifically new rules that allow
marketing companies to have access to your medical and financial data --
including your Social Security number.

Today, NewsMax.com's Wes Vernon reports that the banking industry is
celebrating: few consumers are "opting out" of new federal rules that allow
banks, credit card companies and other financial institutions to sell and
share your private financial information, including your Social Security
number.

The major media have ignored these important stories involving this invasion
of your privacy. The banking industry and insurance companies want access to
your medical and financial records -- and their lobbying efforts have paid
off big time!

The media black out is why so few Americans know about the new rules that
allow banks to share and sell your private financial data.

Sen. Shelby has called the "opt out" program a "sham." It is.

You may have recently gotten what looked like a piece of junk mail from your
bank or credit card company. It may have been headlined something innocuous,
like: "New Information Relating to Your Account."  A lengthy legal treatise
follows, typically with small print. Most people would have thrown this
letter out with their junk mail.

But by not reading this document and contacting your bank or credit card
company, your financial institutions are now free to sell or share your
Social Security number and your private financial data.

You can thank Bill Clinton and Congress for this new outrageous program --
and for the shoddy way consumers are informed. The law was created
specifically to make it as difficult as possible to have you "opt out" to
protect your financial records.

If Congress was honest and represented you the people, they would have
demanded that banks and credit card companies get your specific OK to sell
and share your private financial information.

Please be sure to read more about this on NewsMax.com today:
http://www.newsmax.com/archives/articles/2001/5/6/211216.shtml

Also, NewsMax.com has widened its "Protect Privacy" petition to include
protecting your Social Security number and financial data.

If you haven't signed this important petition, please do so and let Congress
and Pres. Bush know how you feel:
https://www.newsmaxstore.com/med_petition/index2.cfm

NewsMax.com has also launched an awareness campaign to alert millions of
Americans about this invasion of privacy.

We have already run banner ads about this effort across the Web -- and sent
out more than 100,000 direct mail letters to raise awareness.

Only if more Americans are informed can the new, dangerous federal rules be
stopped.

If each of our readers forwarded this e-mail to just 10 of their friends and
family, millions of Americans will be alerted overnight.

Please help us by forwarding this e-mail to your friends and family today.


*COPYRIGHT NOTICE** In accordance with Title 17 U. S. C. Section 107,
any copyrighted work in this message is distributed under fair use
without profit or payment to those who have expressed a prior interest
in receiving the included information for nonprofit research and educational
purposes only.[Ref. http://www.law.cornell.edu/uscode/17/107.shtml ]

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