Episode 283: A Global War on Freedom: How the US Corporate Transparency Act and the EU Digital Services Act Threaten Liberty

In a riveting conversation with Peter Mcilvenna of the UK’s Hearts of Oak, we describe what may be the most aggressive US domestic surveillance program since the Patriot Act – and its disturbing connection to a global censorship agenda. The story that emerges isn't just about US regulation; it's about the systematic and coordinated dismantling of economic and expressive freedoms on both sides of the Atlantic.

The New American Surveillance State

Remember Reagan's famous warning that the nine most terrifying words were "I'm from the government and I'm here to help"? Today's version might be: "I'm from the federal government, give up your personal data, and as long as you don't step out of line, we will keep you safe."

The Corporate Transparency Act (CTA) represents an unprecedented federal power grab:

• Massive Scope: 33 million small businesses, employing 61.7 million Americans, must submit to federal surveillance

• Selective Targeting: Only businesses under $5 million revenue and fewer than 20 employees are affected

• Draconian Penalties: $591 daily fines and up to 2 years in prison for non-compliance

• Strategic Exemptions: Giants like BlackRock, Amazon, and Big Tech escape scrutiny

• Global Data Sharing: Your information gets shared with 170 countries through the shadowy Egmont Group.

The Historical Echo

We've seen this movie before. Remember the IRS targeting scandal, where conservative groups with words like "tea party" and "patriot" faced extra scrutiny? The CTA creates a similar vulnerability for small businesses. As Mcilvennapoints out, it paves the way for an anti-second amendment bureaucrat to search the database for businesses with "gun," "firearm," or "freedom" in their names?

A Digital Iron Curtain

While the CTA surveils American businesses, the EU Digital Services Act (DSA) creates a parallel threat to free speech, with the power to levy fines of up to 6% of a company's global revenue – including revenue from unrelated businesses. This means Elon Musk's SpaceX could be penalized for X's content moderation policies, a clear attempt at financial coercion.

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