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posted by Dopefish on Monday February 24 2014, @09:00PM   Printer-friendly
from the don't-click-ok-to-accept-the-eula dept.

andrew writes:

"Alternet.org reports recent updates to terms of conditions for Bank of Americas cell phone app and Capital Ones new credit card contract have given banks unsettling new abilities. These privileges include the authority to access to your phone microphone and camera or even showing up at your workplace and home unannounced at any time.

From the the article:

We're witnessing a new era of fascism, where corporations are creating intrusive and over-bearing terms and conditions that customers click to agree to without even reading.

As a result, corporations in America have acquired king-like power, while we're the poor serfs that must abide by their every rule or else."

 
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  • (Score: 0) by Anonymous Coward on Thursday February 27 2014, @09:34AM

    by Anonymous Coward on Thursday February 27 2014, @09:34AM (#7864)

    I don't want to limit your use of cash but if you ever find you have too much to feel safe etc. feel free to open a bank account in Switzerland or Norway (I'd choose Norway, more of a squeaky clean feel). Choose something small like a cooperative bank, plenty of foreigners do it and at least in Norway you're 100% protected against the bank for up to about 500.000NOK (which is roughly 100.000USD) even if the EU gets their way (Norway is not an EU member) and at least twice as much (depending on exchange rates) if they don't.

    Maybe something to explore.