TIPS seems to be a rather broad brush. It reminds of what I've read of the STASI- -the East German secret police that used millions of citizen informers.
And it's not even what's done with oit now. It's what can be done with it in the future. Being spied upon by the gov't isn't exactly my idea of what the US is about.
What should be done with it? Shut it down. Dump it. People can still call the FBI and police if they think something funny is going ojn. But setting up an organization to encourage and do that under gov't auspices is dangerous. We got through a civil war where the enemy looked looked just like you, two world wars, and the Cold War without this. We'll survive this too.
And SI is still screwed up. I wonder if has been bought by IHUB? :-)