More like terrify us than haunt! How do they expect the public to react after all the fiascos with data being lost, lately? The only saving grace might be that as Gordon's coat is on a "shoogly peg" at present, he may stop it in it's tracks. Still frightening though that the kite is being flown.
I think this is slightly different to the ECHELON system in your link. In that the machine listens and looks for key words and THEN starts the surveillance. From what I understand of this proposal is that ALL conversations and messages will be stored.
Who is going to police all of this? Are we going to have a situation as there was under Chauchesku in Romania for 21 years before he was shot (in public) where everyone was spying on everyone?
At what point do we all have a subcutaneous implant of microphone and transmitter to record ALL of our speech?
Will the whole of the microelectronics industry be devoted to the manufacture of storage devices to retain all of this information?
That's the problem with all this hi-tech policing, if you get back to controlling problem behavior at source, (young persons and discipline) you don't need to do this which is a reaction to things that have already gone out of control.
We need to look at the zero tolerance policing of of the apparently 'petty' litter and loutish behavior to stop problems in society escalating to the point where we all have in house police monitoring...