Basically, this 'settlement' with the EU countries now allows US homeland security laws to extend to any person choosing to fly into the USA from a foreign point of origin, or choosing to fly out of the USA from a domestic point of origin.
By implication, this means that any American booking an international flight with a credit card ... or providing an e-mail address to an airline while booking the flight ... waives the right to 'probable cause', waives the right to a search warrant etc. in regard to the gov't investigating other credit card transactions they have made and other e-mails they have sent.
This is sure going to put a damper on Cayman Island Banking !
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