"If you see something, say something" is an actual campaign run during the last administration. It wasn't taken as seriously as what you mention, but the same spirit was/is there.
This is the slogan of a post-9/11 (and ongoing) MTA campaign that's been borrowed by the Department of Homeland Security and many other agencies around the country and the world since.
I believe the original intent was mostly about reporting unattended bags that could contain bombs, not reporting your neighbor for hosting a socialist book club or whatever. Obviously it's vague and broad enough that it could be bent to more sinister purposes though.
No need for the neighbors to report subversive activity when everyone is already self-reporting all this information online, both publicly and in not-so-private private communications.
I think the current "If you see something, say something." is specifically targeted at child abuse. At least, that's how all the adverts make it sound.