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March 12th, 2008

steuard: (Default)
Wednesday, March 12th, 2008 08:04 am
Yes, it's old news that Congress tends to give nasty pieces of legislation names that imply exactly the opposite of what they actually do (e.g. see "Patriot Act"). But sometimes an example just jumps out at me. Today, in a newspaper article about the surveillance system that flagged Eliot Spitzer's involvement with prostitutes, I read the following:
The federal Bank Secrecy Act requires financial institutions to report suspicious transactions to the Treasury Department.
You can't make this stuff up.
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