They might as well have called it the "Bank Sell-Your-Customers-Out Act", because that's ultimately what it amounts to.

The BSA is a cornerstone regulation that requires banks in the Land of the Free to be unpaid spies of the government.

One of its many commandments is for banks to file 'suspicious activity reports' (SARs) when customer transactions might possibly indicate tax evasion, money laundering, or some nefarious criminal activity.

One of the most common types of SARs includes "Transactions With No Apparent Economic, Business or Lawful Purpose."

It's amazing that spending your own money without a clear purpose is considered suspicious now in the Land of the Free.

This is in effect financial pre-crime.