Feeling guilty about that autographed box set of the third season of Lost you just scored on eBay? Think you can hide it and no one will know? Well thanks to the big housing bailout bill signed by Bush (to "little fanfare") the quietness could be because of this little sneaky addition buried deep inside:

Your merchant bank will now be required to send a report to IRS and to you with your total annual gross payment card receipts. In other words, IRS will get your total merchant credit card gross receipts for the year.

Did you catch that trick? Shopping is no longer sacred. As FreedomWorks Chairman Dick Armey commented:

This is a provision with astonishing reach . . . Not only does it affect nearly every credit card transaction in America, such as Visa, MasterCard, Discover, and American Express, but the bill specifically targets payment systems like eBay's PayPal, Amazon, and Google Checkout that are used by many small online businesses. The privacy implications for America's small businesses are breathtaking.

Why is the government snooping on your shopping cart? To find out, read more.

Information for one. The provision generates a whole slew of data from spending habits on down. Money of course, is another. The proposal is estimated to raise $9.8 billion over 10 years. The fingerprint database for mortgage industry lenders sneaked in there too. At what cost is the housing bailout? Did we all just pay for it in civil liberties?

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