Financial Fraud in the US is not because we lack a national database, the US is a federalist society and I will resist any action to undo that federalism Finan

Financial Fraud in the US is not because we lack a national database, the US is a federalist society and I will resist any action to undo that federalism Financial Fraud in the US is directly because of 2 things, first and foremost the backdoor use of SocSec as a national ID, something ti was never intended to be, and it not suited for. This is largely due to taxation, and the IRS being lazy by adopting a persons SocSec number as their Tax identification number as well. Once that happened, every one jumped on board The second fact is treating Financial Fraud as ID Theft, no one steals a persons ID, If someone fraudulently represents themselves to a bank as me and the bank falls for that well that should be on the bank, it should not be on me to prove my "identity was stolen", this reversal of liability is what prevent the problem of Financial Fraud from being fixed