It’s throwing out the month old SWIFT (Financial) data mining agreement and has decided it not only wants to track and keep ALL financial data going in or out of  the country, but also any encrypted data needs to be fitted with a master key, so that they can read your facebook passwords, blackberry emails, etc. Privacy? Don’t think so. At least the EU is getting pissed off about it.

US demands right to snoop the world • The Register.