Should the Government Track Your Political Activity?

Professor Brad Smith asks you to imagine the following scenario: at the height of the War on Terror, the government passes a second PATRIOT Act. This law would require you to report all your political activity to the government, including the campaigns you support. The government would then put that information into a database available to anyone, including creditors and potential employers. What would be the results of this sort of policy? Should the government be able to track your political activity?