>>From the creators of the PPACA and the minds that brought you PRISM, in association with the overseers of the VA, in conjunction with "one" of the big 3 credit agencies and the federal agencies which fueled the recent housing crisis which nearly bankrupted the world, comes the latest in un-mandated catch-all quesionably secured databases. This one will track your entire life via your personal credit history. Forget what you've heard (Jan 28) about "no personal identifiers", this DB will have it all!
>>http://washingtonexaminer.com/new-federal-database-will-track-americans-credit-ratings-other-financial-information/article/2549064
>
>Who cares?

This is just a guess but I'm betting that I can come up with 12000 people in about 20 minutes. Granted they're Europeans but if one expands the idea to the US I'm betting we'd see more. ;)
http://www.independent.co.uk/life-style/gadgets-and-tech/news/google-privacy-law-means-total-rethink-of-basic-freedoms-9463694.html

>The data exists and is used.
Yes, the data exists, in the closely guarded databases of multiple credit agencies whose reputation and business depend on privacy, security and proprietary methods of obtaining, disseminating and challenging credit data. The data has a purpose which individuals and businesses agree is beneficial. The purpose of the FHFA's database is what exactly?

>This makes it only easier to gather the data.

This also makes it easier to steal, abuse & manipulate the data.