I'm using the link in Merc's post 5, which is CBSnews, I don't see any link to the NYtimes?
Very few are more paranoid about databases than myself, no facebook, linked-in, paypal, ebay, or any other online groups. Alumni groups have managed to find my mail address, but I don't respond. I also don't have a cell phone, won't use EZ-Pass, and refused GM's On-Star, if they want to track me, they're going to have to work at it.
That said, if I want to do business online, I have to use a credit card (I'm certainly not letting them into my bank account), and that means giving up some information, but I try to control how much, and to whom.
Maybe Obama & Co see the mega-banks, with their huge credit card networks, going down the tubes, and they're looking for an alternative verification system to keep ebusiness from being dragged down too.