Obama Administration Wants To Issue Id Cards With 1 Password For All Your Personal Info

01.21.11 | Sarah Harnisch

The Obama administration wants to screen the internet using a new, personalized ID card that assigns one password for all your bank accounts, social websites like Facebook, email, anonymous blog entries, and any other virtual place you visit. The White House says it wants to create an identity ecosystem that would centralize personal information and credits. They say joining this system would be optional, but critics say it would be a one-stop shop for identity thieves to steal all your personal information.