Buy a bunch of $500 and $1000 bills if you can find them. They don't cost that much more than face, and you likely will get most of your premium back when you sell! Plus they take up less space than $100s and $50s.
Of course, most who would stash cash probably don't want the paper trail from buy and selling $500 bills.
Baley: Why handle large amounts of cash? Name one honest reason that couldnt be handled easier and safer without cash.
cohodk: I've never felt like I was treated like a criminal when taking or depositing large sums of cash...................More than the 10k "the cops are coming to get you threshold".
Now, I'm curious. What's the deal, cohodk? Why do you need to handle such large sums of cash? Name one honest reason! Beyond that, what makes you exempt from the $10,000 suspicious report requirement that banks are compelled to follow?
Please explain.
Q: Are You Printing Money? Bernanke: Not Literally
I'd guess he's in a cash business and his cash deposits are congruent to his reported earnings gross of expenses? And therefore, no problem, he can demonstrate to a rational neutral third party that he is not embezlling, laundering criminal income, dealing illicit goods, funding crime or public harm, running illegal gambling or prostitution, etc etc. He's likely got receipts, and the givers of the cash will testify what they paid for and got, if they are asked, again, by a third party. In short, he's "legit"? Am I close?
As for the SARs, they are not triggered by a $10K threshold. That's for CTRs (cash transaction reports) and the rule is clear on that with no wiggle room. If $10K of currency is deposited or taken out, then a CTR needs to be filed. SARs can happen at a lot lower level and its more subjective as to what might qualify.
I'd guess he's in a cash business and his cash deposits are congruent to his reported earnings gross of expenses? And therefore, no problem, he can demonstrate to a rational neutral third party that he is not embezlling, laundering criminal income, dealing illicit goods, funding crime or public harm, running illegal gambling or prostitution, etc etc. He's likely got receipts, and the givers of the cash will testify what they paid for and got, if they are asked, again, by a third party. In short, he's "legit"? Am I close?
And therein lies the rub. On one hand, Baley in your previous posts, you've make it sound as if *anyone* dealing in cash transactions SHOULD be scrutinized and hassled. baseball points out that the CTRs are mandatory, not optional. So, cohodk is really not bothered by all of these reports being filed on him because he can document all of his receipts from a cash business, and might someday have to call on all of his givers of cash to come & testify on his behalf if necessary? What if he can't locate all of his former givers of cash?
You really think the system is that fair and clean?
My main point is that possession of any amount of cash should never be considered an indictment of wrongdoing. In this environment of total intrusiveness, cash offers a bit of privacy. In my opinion, without any other indications of wrongdoing, making cash into a reason for suspicion is totally draconian in nature, and one bad indication that we're further and further away from having any rights or freedoms as individuals.
Q: Are You Printing Money? Bernanke: Not Literally
<< <i>Baley: Why handle large amounts of cash? Name one honest reason that couldnt be handled easier and safer without cash.
cohodk: I've never felt like I was treated like a criminal when taking or depositing large sums of cash...................More than the 10k "the cops are coming to get you threshold".
Now, I'm curious. What's the deal, cohodk? Why do you need to handle such large sums of cash? Name one honest reason! Beyond that, what makes you exempt from the $10,000 suspicious report requirement that banks are compelled to follow?
Please explain. >>
Well, since we are a PM buying crowd, if you are going to a B&M, almost always, you'll need to pay cash if you want to take possession then. If you go to buy 5 ozs of gold, what else are you going to do? My guy doesn't take personal checks and cashier checks need to clear. Also, I've seen people take out large amounts heading out to the casinos. I'm sure there are other possible reasons (even non-business) as well.
As for the SARs, they are not triggered by a $10K threshold. That's for CTRs (cash transaction reports) and the rule is clear on that with no wiggle room. If $10K of currency is deposited or taken out, then a CTR needs to be filed. SARs can happen at a lot lower level and its more subjective as to what might qualify. >>
A CTR of $10K or more in cash requires a form 8300 to be submitted to the IRS. Most are them are filed and never acted upon. A cashier's check for $10K or less is also considered as .cash
My main point is that possession of any amount of cash should never be considered an indictment of wrongdoing. In this environment of total intrusiveness, cash offers a bit of privacy. In my opinion, without any other indications of wrongdoing, making cash into a reason for suspicion is totally draconian in nature, and one bad indication that we're further and further away from having any rights or freedoms as individuals. >>
in your previous posts, you've make it sound as if *anyone* dealing in cash transactions SHOULD be scrutinized and hassled.
Well, maybe not exactly that they "should be," rather, that in this day and age, they should expect to be queried, and be able to provide backup documentation.
Tell ya a little story: I was going to attend a morning performance of my son's class, which was held at the school after an all-school assembly in the main play yard. So my wife and I met there, with the other parents, and watched the all school assembly. Then all the kids go into their classes, and then just the first graders were supposed, I thought, to come back to the same place for the first grade performance. So I'm standing there, leaning in the shade, looking at my cellphone, while recess/PE started for some other grade levels.. I did not realize that the performance i was to attend was in the auditorium, not outside. So I'm looking at my phone, and the burly groundskeeper approaches me and says, "can I help you?", very neutral but absolutely no-nonsense if my story was not straight. I looked confused and said, "I'm here for the, uh, first grade thing?" and he says, "oh that's in the auditorium" and we laughed and I THANKED HIM, because that's exactly how I would want a suspicious looking stranger handled, who was hanging around my kid's school. I was prepared so show ID that matched a parent of my kid, and to speak to the police if necessary, because that's what it's like at a school these days, because of senseless tragedies.
Similarly, my family flew last week and we THANK the TSA, pilots, flight attendants, etc, because we're so grateful for their unappreciated efforts, and do believe it helps improve the safety of flying
You see, like it or not, behavior patterns MATTER, and honest people, like it or not, will have to occasionally PROVE they are honest, simply because a very few people are not.
So, like I've said before, someone may have very good reasons for behaving in a way that, coincidentally, matches the behavior of criminals, but they should no longer expect complete "privacy" if they also expect the benefits of modern society. If someone wants complete "privacy", then they SHOULD MOVE TO WHERE THE PRIVACY IS and not expect to have it both ways, because, like it or not, that is not the way modern society works any more. Sure it's a shame that there are cameras in stores and nuisance tags on everything. I have gotten over it and am very happy because it's not a windmill that it's productive to tilt at.
<< <i>So, like I've said before, someone may have very good reasons for behaving in a way that, coincidentally, matches the behavior of criminals, but they should no longer expect complete "privacy" if they also expect the benefits of modern society. If someone wants complete "privacy", then they SHOULD MOVE TO WHERE THE PRIVACY IS and not expect to have it both ways, because, like it or not, that is not the way modern society works any more. Sure it's a shame that there are cameras in stores and nuisance tags on everything. I have gotten over it and am very happy because it's not a windmill that it's productive to tilt at. >>
Pavlov referred to this as successful conditioning. When it does become a windmill for those like you it will be too late.
Martin Niemöller, who spent the last seven years of Nazi rule in concentration camps, had this to say:
"First they came for the Socialists, and I did not speak out— Because I was not a Socialist.
Then they came for the Trade Unionists, and I did not speak out— Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out— Because I was not a Jew.
Then they came for me—and there was no one left to speak for me."
Natural forces of supply and demand are the best regulators on earth.
While financial transactions in excess of $5000 could be considered "suspicious" they do not meet "probable cause" criteria. Imagine being required by law to complete and submit federal paperwork every time your neighbor acted suspicious. Sounds a bit like a "police state" doesn't it?
Natural forces of supply and demand are the best regulators on earth.
<< <i>Pavlov referred to this as successful conditioning.
No, he didn't. Back to school for you. >>
And his dogs never realized it.
True story: Waiting in line to get into the movie. As we approach the ticket taker, a kid in front of me starts to take off his shoes. His mom corrects him reminding him that he only has to do that at the airport.
Natural forces of supply and demand are the best regulators on earth.
<< <i>Please consult with your tax professional regarding cash transactions.
Point is, the cops have never been called nor I have I been treated as a criminal as some would intimate. >>
As far as you know. I suspect the SAR checklist does not include notifying the reported party. Don't worry, you are probably just in the big Homeland Security data base awaiting your second (or third) strike.
Contrary to popular belief there is no "big brother" keeping tabs on your actions. Besides, as long as you know you are innocent you can never be convicted or water boarded.
Natural forces of supply and demand are the best regulators on earth.
And therein lies the rub. On one hand, Baley in your previous posts, you've make it sound as if *anyone* dealing in cash transactions SHOULD be scrutinized and hassled. baseball points out that the CTRs are mandatory, not optional. So, cohodk is really not bothered by all of these reports being filed on him because he can document all of his receipts from a cash business, and might someday have to call on all of his givers of cash to come & testify on his behalf if necessary? What if he can't locate all of his former givers of cash?
They all live in Baleyville or Cohodkville......should be easy enough to find them at the next block party.
<< <i>While financial transactions in excess of $5000 could be considered "suspicious" they do not meet "probable cause" criteria. Imagine being required by law to complete and submit federal paperwork every time your neighbor acted suspicious. Sounds a bit like a "police state" doesn't it? >>
Sadly, I think the threshold is $3K. And I would agree with your assessment. THE CTR for $10K (a different report) came in around 1970. The same amount using normal CPI figures would be about $60K today. In reality, I think it's even more than that. The fact is, $10K just isn't a lot of money in this day and age. Having said that, living in a digital society with debit cards, credit cards, PayPal, etc., one doesn't often have need for large amounts of currency. >>
IIRC there are thresholds at $3K, $5K and $10K. Don't remember what $3K is, but $5K and over has to be recorded by the bank, but not reported. Perhaps someone in the banking biz could enlighten us.
<< <i>And therein lies the rub. On one hand, Baley in your previous posts, you've make it sound as if *anyone* dealing in cash transactions SHOULD be scrutinized and hassled. baseball points out that the CTRs are mandatory, not optional. So, cohodk is really not bothered by all of these reports being filed on him because he can document all of his receipts from a cash business, and might someday have to call on all of his givers of cash to come & testify on his behalf if necessary? What if he can't locate all of his former givers of cash?
They all live in Baleyville or Cohodkville......should be easy enough to find them at the next block party. >>
Imagine being required by law to complete and submit federal paperwork every time your neighbor acted suspicious. Sounds a bit like a "police state" doesn't it?
Don't know what your neighborhoods are like, but I'd fill out that form, uh... never. And no one would fill it out on me.
Someone tell a PERSONAL story of how YOU were "treated". Anyone can make up lies or hypotheticals, or cite some exceptional web story.
Tell us a true one about YOU, and let the forum champion your cause. I will carry a big flag for anyone who has been wronged.
edit: or is this whole discussion "psychological?"
<< <i>Why handle large amounts of cash? Name one honest reason that couldnt be handled easier and safer without cash. >>
Name one honest reason why people have to be treated like criminals for possessing or withdrawing what they earned honestly and already paid taxes on?
You say safer? The brainwashing and propaganda now days is all about "keeping you safe", or they are "looking out for what's best for you", when in reality, all that is being done is your freedom and liberty are being stripped one step at a time. >>
$3,000 Cash Sales Record Requirement Clarified: Cash Deposit / Debit Now Must Be Recorded
Section 103.29 of the Bank Secrecy Act requires financial institutions to verify a person's identity and to retain records for five years of certain information when bank checks and drafts, cashier's checks, money orders or traveler's checks are purchased with between $3,000 and $10,000 in cash.
Many financial institutions, in order to avoid the record keeping requirement, and depending on the fact that they were dealing with known depositors, instituted policies requiring the cash to be deposited into the account, and then issued a debit against the account to offset the monetary instrument. FinCEN says there is nothing within the BSA, or its implementing regulations, prohibiting a financial institution from instituting such a policy. Up until recently, there seemed to be no objection to the practice.
Changed Their Minds However, Treasury, through FinCEN now "�takes the position that when a customer purchases a monetary instrument between $3,000 and $10,000 using currency that the customer first deposits into the customer's account, the transaction is still subject to the record-keeping requirements of �103.29." This means that many who still keep the $3,000 log must maintain records for five years on such sales. FinCEN goes on to illustrate that this rule applies to the straightforward purchase of a check - $4,000 in cash into the account, debit the account $4,000 and issue a cashier's check.
Aggregate Different Sales FinCEN goes on to emphasize that multiple purchases of the same or different types of monetary instruments on the same business day totaling between $3,000 and $10,000 must be treated as one purchase if the financial institution has knowledge that the purchases have occurred. For instance, if a customer brings in $2,000 in cash in the morning to purchase a money order at Bank A, Teller #1 and then later the same day goes again to Bank A, Teller # 1 with another $2,000 in cash, to buy a cashier's check. FinCEN's complete interpretation can be found at: http://www.fincen.gov/monetaryinstrumentsales3a.pdf
<< <i>And therein lies the rub. On one hand, Baley in your previous posts, you've make it sound as if *anyone* dealing in cash transactions SHOULD be scrutinized and hassled. baseball points out that the CTRs are mandatory, not optional. So, cohodk is really not bothered by all of these reports being filed on him because he can document all of his receipts from a cash business, and might someday have to call on all of his givers of cash to come & testify on his behalf if necessary? What if he can't locate all of his former givers of cash?
They all live in Baleyville or Cohodkville......should be easy enough to find them at the next block party. >>
Imagine being required by law to complete and submit federal paperwork every time your neighbor acted suspicious. Sounds a bit like a "police state" doesn't it?
Don't know what your neighborhoods are like, but I'd fill out that form, uh... never. And no one would fill it out on me.
Someone tell a PERSONAL story of how YOU were "treated". Anyone can make up lies or hypotheticals, or cite some exceptional web story.
Tell us a true one about YOU, and let the forum champion your cause. I will carry a big flag for anyone who has been wronged.
edit: or is this whole discussion "psychological?" >>
People like you and cohodk live in fantasy land, and don't even have a clue as to what is being formed that WILL affect you and your families. Meanwhile, you keep making excuses for the ones enslaving you, while you mock the watchmen trying to warn you.
Another thing, they already have snitch programs where neighbors are spying on their neighbors. You might want to look that up. Don't think for the right price or under pressure your neighbor won't turn on you.
Now, back to the white shoe boy frat party.. You all were indeed warned..
<< <i>People like you and cohodk live in fantasy land, and don't even have a clue as to what is being formed that WILL affect you and your families. Meanwhile, you keep making excuses for the ones enslaving you, while you mock the watchmen trying to warn you.
Another thing, they already have snitch programs where neighbors are spying on their neighbors. You might want to look that up. Don't think for the right price or under pressure your neighbor won't turn on you.
Now, back to the white shoe boy frat party.. You all were indeed warned.. >>
<< <i>People like you and cohodk live in fantasy land, and don't even have a clue as to what is being formed that WILL affect you and your families. Meanwhile, you keep making excuses for the ones enslaving you, while you mock the watchmen trying to warn you.
Another thing, they already have snitch programs where neighbors are spying on their neighbors. You might want to look that up. Don't think for the right price or under pressure your neighbor won't turn on you.
Now, back to the white shoe boy frat party.. You all were indeed warned.. >>
Don't forget me Stan! Hope you like your party! >>
<< <i>Yep, you too. I wasn't referring to my party.. >>
Well of course not Stan, it's the frat that technically has the party. Good for you for finding a boy frat to pledge to though. You My Boy Blue! >>
Well, your group does always have to string the conversation away from the facts, with distractions, to avoid having to actually admit what is happening in the world.
<< <i>Yep, you too. I wasn't referring to my party.. >>
Well of course not Stan, it's the frat that technically has the party. Good for you for finding a boy frat to pledge to though. You My Boy Blue! >>
Well, your group does always have to string the conversation away from the facts, with distractions, to avoid having to actually admit what is happening in the world. >>
Oh, you mean that we're winning? Goooooooo Team They!
I think everyone on this board should pledge your frat, it would make a great reality series.
<< <i>Yep, you too. I wasn't referring to my party.. >>
Well of course not Stan, it's the frat that technically has the party. Good for you for finding a boy frat to pledge to though. You My Boy Blue! >>
Well, your group does always have to string the conversation away from the facts, with distractions, to avoid having to actually admit what is happening in the world. >>
Oh, you mean that we're winning? Goooooooo Team They!
I think everyone on this board should pledge your frat, it would make a great reality series. >>
<< <i>Yep, you too. I wasn't referring to my party.. >>
Well of course not Stan, it's the frat that technically has the party. Good for you for finding a boy frat to pledge to though. You My Boy Blue! >>
Well, your group does always have to string the conversation away from the facts, with distractions, to avoid having to actually admit what is happening in the world. >>
Oh, you mean that we're winning? Goooooooo Team They!
I think everyone on this board should pledge your frat, it would make a great reality series. >>
Willful ignorance is bliss, until reality hits.. >>
Like I said, always stringing the conversation away from the facts, with distractions, to avoid having to actually admit what is happening in the world. You, miklia, cohodk, and Baley and the likes are victims of the social conditioning.
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>Yep, you too. I wasn't referring to my party.. >>
Well of course not Stan, it's the frat that technically has the party. Good for you for finding a boy frat to pledge to though. You My Boy Blue! >>
Well, your group does always have to string the conversation away from the facts, with distractions, to avoid having to actually admit what is happening in the world. >>
Oh, you mean that we're winning? Goooooooo Team They!
I think everyone on this board should pledge your frat, it would make a great reality series. >>
Willful ignorance is bliss, until reality hits.. >>
and then? >>
Then we go to Stan's house. We'll get them all, one at a time if need be. But we would be much appreciative if Stan would have a party with all his buddies (does he have any?) so we can round them all up at once and take their stuff.
Victims of social conditioning are so predictable. They must create distractions or play mind games in order to avoid the reality of what's happening. This thread is more proof of that.
It's like the poor soul who is pedaling his bike down the street looking backwards, instead of forward, at what is coming his way.
I have to have car insurance and now health. I pay so much sales tax hard to budget. I can not buy a 22LR at Walmart~WTF???
This very thread telling you what you can put in a SDB? WTF?
Cell phone are walking tracking collars for every sheepie!!! Did ya sign up for that???
Talk about regulations, I bet in few years they will be telling me a new regulation on toilet paper disposal. More likely got one in the land of Fruits and Nuts!
<< <i>I have to have car insurance and now health. I pay so much sales tax hard to budget. I can not buy a 22LR at Walmart~WTF???
This very thread telling you what you can put in a SDB? WTF?
Cell phone are walking tracking collars for every sheepie!!! Did ya sign up for that???
Talk about regulations, I bet in few years they will be telling me a new regulation on toilet paper disposal. More likely got one in the land of Fruits and Nuts!
How blind can one be~MERCY me! >>
Be careful, the apologists will imply you have mental problems because you have the ability to see through the foggy propaganda..
You don't have to have a car though. No cars in the Constitution. No liberties eroded.
<< <i>and now health. >>
It should be free for all, just like every other 21st century country. Instead, customers were given the choice of providers instead of paying more in taxes to the gov't to get it - the specific wish of the corporate types and liberty wing. No liberties eroded.
<< <i> I pay so much sales tax hard to budget. >>
And yet your income tax is undoubtedly lower than it used to be. No liberties eroded.
<< <i>I can not buy a 22LR at Walmart~WTF??? >>
A company's decision of what to stock is not an erosion of your liberty. Walmart not only ammo dealer in USA. No liberties eroded.
<< <i>This very thread telling you what you can put in a SDB? WTF? >>
Again, a company's decision. You're not mandated to own a SBD or put things in it. No liberties eroded.
<< <i> Cell phone are walking tracking collars for every sheepie!!! Did ya sign up for that??? >>
Um, yeah. the contract you sign when you buy the phone. And cell phones are not mandatory. No liberties eroded. And minus a million argument points for using 'sheeple' non-ironically.
The worst thing about the above is that you could have used so many real examples to show our our liberties have been eroded, and yet you focus on the gonzo myths. If one is actually concerned about the erosion of civil liberties, donate to the ACLU instead of (or at least in an amount 9x that of) the NRA.
Comments
<< <i>More than the 10k "the cops are coming to get you threshold".
I see car dealers doING this all the time. >>
Nothing wrong if you have a legitimate business reason for wanting/needing the cash.
<< <i>$10,000 in cash is a lot more exciting than a $10,000 bank balance. >>
Buy a bunch of $500 and $1000 bills if you can find them. They don't cost that much more than face, and you likely will get most of your premium back when you sell! Plus they take up less space than $100s and $50s.
Of course, most who would stash cash probably don't want the paper trail from buy and selling $500 bills.
cohodk: I've never felt like I was treated like a criminal when taking or depositing large sums of cash...................More than the 10k "the cops are coming to get you threshold".
Now, I'm curious. What's the deal, cohodk? Why do you need to handle such large sums of cash? Name one honest reason! Beyond that, what makes you exempt from the $10,000 suspicious report requirement that banks are compelled to follow?
Please explain.
I knew it would happen.
Liberty: Parent of Science & Industry
I'd guess he's in a cash business and his cash deposits are congruent to his reported earnings gross of expenses? And therefore, no problem, he can demonstrate to a rational neutral third party that he is not embezlling, laundering criminal income, dealing illicit goods, funding crime or public harm, running illegal gambling or prostitution, etc etc. He's likely got receipts, and the givers of the cash will testify what they paid for and got, if they are asked, again, by a third party. In short, he's "legit"? Am I close?
And therein lies the rub. On one hand, Baley in your previous posts, you've make it sound as if *anyone* dealing in cash transactions SHOULD be scrutinized and hassled. baseball points out that the CTRs are mandatory, not optional. So, cohodk is really not bothered by all of these reports being filed on him because he can document all of his receipts from a cash business, and might someday have to call on all of his givers of cash to come & testify on his behalf if necessary? What if he can't locate all of his former givers of cash?
You really think the system is that fair and clean?
My main point is that possession of any amount of cash should never be considered an indictment of wrongdoing. In this environment of total intrusiveness, cash offers a bit of privacy. In my opinion, without any other indications of wrongdoing, making cash into a reason for suspicion is totally draconian in nature, and one bad indication that we're further and further away from having any rights or freedoms as individuals.
I knew it would happen.
<< <i>
<< <i>Baley: Why handle large amounts of cash? Name one honest reason that couldnt be handled easier and safer without cash.
cohodk: I've never felt like I was treated like a criminal when taking or depositing large sums of cash...................More than the 10k "the cops are coming to get you threshold".
Now, I'm curious. What's the deal, cohodk? Why do you need to handle such large sums of cash? Name one honest reason! Beyond that, what makes you exempt from the $10,000 suspicious report requirement that banks are compelled to follow?
Please explain. >>
Well, since we are a PM buying crowd, if you are going to a B&M, almost always, you'll need to pay cash if you want to take possession then. If you go to buy 5 ozs of gold, what else are you going to do? My guy doesn't take personal checks and cashier checks need to clear. Also, I've seen people take out large amounts heading out to the casinos. I'm sure there are other possible reasons (even non-business) as well.
As for the SARs, they are not triggered by a $10K threshold. That's for CTRs (cash transaction reports) and the rule is clear on that with no wiggle room. If $10K of currency is deposited or taken out, then a CTR needs to be filed. SARs can happen at a lot lower level and its more subjective as to what might qualify. >>
A CTR of $10K or more in cash requires a form 8300 to be submitted to the IRS. Most are them are filed and never acted upon. A cashier's check for $10K or less is also considered as .cash
<< <i>
My main point is that possession of any amount of cash should never be considered an indictment of wrongdoing. In this environment of total intrusiveness, cash offers a bit of privacy. In my opinion, without any other indications of wrongdoing, making cash into a reason for suspicion is totally draconian in nature, and one bad indication that we're further and further away from having any rights or freedoms as individuals. >>
yah, you betcha
Well, maybe not exactly that they "should be," rather, that in this day and age, they should expect to be queried, and be able to provide backup documentation.
Tell ya a little story: I was going to attend a morning performance of my son's class, which was held at the school after an all-school assembly in the main play yard. So my wife and I met there, with the other parents, and watched the all school assembly. Then all the kids go into their classes, and then just the first graders were supposed, I thought, to come back to the same place for the first grade performance. So I'm standing there, leaning in the shade, looking at my cellphone, while recess/PE started for some other grade levels.. I did not realize that the performance i was to attend was in the auditorium, not outside. So I'm looking at my phone, and the burly groundskeeper approaches me and says, "can I help you?", very neutral but absolutely no-nonsense if my story was not straight. I looked confused and said, "I'm here for the, uh, first grade thing?" and he says, "oh that's in the auditorium" and we laughed and I THANKED HIM, because that's exactly how I would want a suspicious looking stranger handled, who was hanging around my kid's school. I was prepared so show ID that matched a parent of my kid, and to speak to the police if necessary, because that's what it's like at a school these days, because of senseless tragedies.
Similarly, my family flew last week and we THANK the TSA, pilots, flight attendants, etc, because we're so grateful for their unappreciated efforts, and do believe it helps improve the safety of flying
You see, like it or not, behavior patterns MATTER, and honest people, like it or not, will have to occasionally PROVE they are honest, simply because a very few people are not.
So, like I've said before, someone may have very good reasons for behaving in a way that, coincidentally, matches the behavior of criminals, but they should no longer expect complete "privacy" if they also expect the benefits of modern society. If someone wants complete "privacy", then they SHOULD MOVE TO WHERE THE PRIVACY IS and not expect to have it both ways, because, like it or not, that is not the way modern society works any more. Sure it's a shame that there are cameras in stores and nuisance tags on everything. I have gotten over it and am very happy because it's not a windmill that it's productive to tilt at.
Liberty: Parent of Science & Industry
<< <i>So, like I've said before, someone may have very good reasons for behaving in a way that, coincidentally, matches the behavior of criminals, but they should no longer expect complete "privacy" if they also expect the benefits of modern society. If someone wants complete "privacy", then they SHOULD MOVE TO WHERE THE PRIVACY IS and not expect to have it both ways, because, like it or not, that is not the way modern society works any more. Sure it's a shame that there are cameras in stores and nuisance tags on everything. I have gotten over it and am very happy because it's not a windmill that it's productive to tilt at. >>
Pavlov referred to this as successful conditioning. When it does become a windmill for those like you it will be too late.
Martin Niemöller, who spent the last seven years of Nazi rule in concentration camps, had this to say:
"First they came for the Socialists, and I did not speak out—
Because I was not a Socialist.
Then they came for the Trade Unionists, and I did not speak out—
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out—
Because I was not a Jew.
Then they came for me—and there was no one left to speak for me."
Natural forces of supply and demand are the best regulators on earth.
No, he didn't. Back to school for you.
Liberty: Parent of Science & Industry
Natural forces of supply and demand are the best regulators on earth.
<< <i>Pavlov referred to this as successful conditioning.
No, he didn't. Back to school for you. >>
And his dogs never realized it.
True story: Waiting in line to get into the movie. As we approach the ticket taker, a kid in front of me starts to take off his shoes. His mom corrects him reminding him that he only has to do that at the airport.
Natural forces of supply and demand are the best regulators on earth.
Point is, the cops have never been called nor I have I been treated as a criminal as some would intimate.
Knowledge is the enemy of fear
<< <i>Please consult with your tax professional regarding cash transactions.
Point is, the cops have never been called nor I have I been treated as a criminal as some would intimate. >>
As far as you know. I suspect the SAR checklist does not include notifying the reported party. Don't worry, you are probably just in the big Homeland Security data base awaiting your second (or third) strike.
Contrary to popular belief there is no "big brother" keeping tabs on your actions. Besides, as long as you know you are innocent you can never be convicted or water boarded.
Natural forces of supply and demand are the best regulators on earth.
They all live in Baleyville or Cohodkville......should be easy enough to find them at the next block party.
<< <i>
<< <i>While financial transactions in excess of $5000 could be considered "suspicious" they do not meet "probable cause" criteria. Imagine being required by law to complete and submit federal paperwork every time your neighbor acted suspicious. Sounds a bit like a "police state" doesn't it? >>
Sadly, I think the threshold is $3K. And I would agree with your assessment. THE CTR for $10K (a different report) came in around 1970. The same amount using normal CPI figures would be about $60K today. In reality, I think it's even more than that. The fact is, $10K just isn't a lot of money in this day and age. Having said that, living in a digital society with debit cards, credit cards, PayPal, etc., one doesn't often have need for large amounts of currency. >>
IIRC there are thresholds at $3K, $5K and $10K. Don't remember what $3K is, but $5K and over has to be recorded by the bank, but not reported. Perhaps someone in the banking biz could enlighten us.
<< <i>And therein lies the rub. On one hand, Baley in your previous posts, you've make it sound as if *anyone* dealing in cash transactions SHOULD be scrutinized and hassled. baseball points out that the CTRs are mandatory, not optional. So, cohodk is really not bothered by all of these reports being filed on him because he can document all of his receipts from a cash business, and might someday have to call on all of his givers of cash to come & testify on his behalf if necessary? What if he can't locate all of his former givers of cash?
They all live in Baleyville or Cohodkville......should be easy enough to find them at the next block party. >>
Imagine being required by law to complete and submit federal paperwork every time your neighbor acted suspicious. Sounds a bit like a "police state" doesn't it?
Don't know what your neighborhoods are like, but I'd fill out that form, uh... never. And no one would fill it out on me.
Someone tell a PERSONAL story of how YOU were "treated". Anyone can make up lies or hypotheticals, or cite some exceptional web story.
Tell us a true one about YOU, and let the forum champion your cause. I will carry a big flag for anyone who has been wronged.
edit: or is this whole discussion "psychological?"
Liberty: Parent of Science & Industry
<< <i>
<< <i>Why handle large amounts of cash? Name one honest reason that couldnt be handled easier and safer without cash. >>
Name one honest reason why people have to be treated like criminals for possessing or withdrawing what they earned honestly and already paid taxes on?
You say safer? The brainwashing and propaganda now days is all about "keeping you safe", or they are "looking out for what's best for you", when in reality, all that is being done is your freedom and liberty are being stripped one step at a time. >>
My YouTube Channel
Section 103.29 of the Bank Secrecy Act requires financial institutions to verify a person's identity and to retain records for five years of certain information when bank checks and drafts, cashier's checks, money orders or traveler's checks are purchased with between $3,000 and $10,000 in cash.
Many financial institutions, in order to avoid the record keeping requirement, and depending on the fact that they were dealing with known depositors, instituted policies requiring the cash to be deposited into the account, and then issued a debit against the account to offset the monetary instrument. FinCEN says there is nothing within the BSA, or its implementing regulations, prohibiting a financial institution from instituting such a policy. Up until recently, there seemed to be no objection to the practice.
Changed Their Minds
However, Treasury, through FinCEN now "�takes the position that when a customer purchases a monetary instrument between $3,000 and $10,000 using currency that the customer first deposits into the customer's account, the transaction is still subject to the record-keeping requirements of �103.29." This means that many who still keep the $3,000 log must maintain records for five years on such sales. FinCEN goes on to illustrate that this rule applies to the straightforward purchase of a check - $4,000 in cash into the account, debit the account $4,000 and issue a cashier's check.
Aggregate Different Sales
FinCEN goes on to emphasize that multiple purchases of the same or different types of monetary instruments on the same business day totaling between $3,000 and $10,000 must be treated as one purchase if the financial institution has knowledge that the purchases have occurred. For instance, if a customer brings in $2,000 in cash in the morning to purchase a money order at Bank A, Teller #1 and then later the same day goes again to Bank A, Teller # 1 with another $2,000 in cash, to buy a cashier's check. FinCEN's complete interpretation can be found at: http://www.fincen.gov/monetaryinstrumentsales3a.pdf
here
<< <i>
<< <i>And therein lies the rub. On one hand, Baley in your previous posts, you've make it sound as if *anyone* dealing in cash transactions SHOULD be scrutinized and hassled. baseball points out that the CTRs are mandatory, not optional. So, cohodk is really not bothered by all of these reports being filed on him because he can document all of his receipts from a cash business, and might someday have to call on all of his givers of cash to come & testify on his behalf if necessary? What if he can't locate all of his former givers of cash?
They all live in Baleyville or Cohodkville......should be easy enough to find them at the next block party. >>
Imagine being required by law to complete and submit federal paperwork every time your neighbor acted suspicious. Sounds a bit like a "police state" doesn't it?
Don't know what your neighborhoods are like, but I'd fill out that form, uh... never. And no one would fill it out on me.
Someone tell a PERSONAL story of how YOU were "treated". Anyone can make up lies or hypotheticals, or cite some exceptional web story.
Tell us a true one about YOU, and let the forum champion your cause. I will carry a big flag for anyone who has been wronged.
edit: or is this whole discussion "psychological?"
People like you and cohodk live in fantasy land, and don't even have a clue as to what is being formed that WILL affect you and your families. Meanwhile, you keep making excuses for the ones enslaving you, while you mock the watchmen trying to warn you.
Another thing, they already have snitch programs where neighbors are spying on their neighbors. You might want to look that up. Don't think for the right price or under pressure your neighbor won't turn on you.
Now, back to the white shoe boy frat party.. You all were indeed warned..
<< <i>People like you and cohodk live in fantasy land, and don't even have a clue as to what is being formed that WILL affect you and your families. Meanwhile, you keep making excuses for the ones enslaving you, while you mock the watchmen trying to warn you.
Another thing, they already have snitch programs where neighbors are spying on their neighbors. You might want to look that up. Don't think for the right price or under pressure your neighbor won't turn on you.
Now, back to the white shoe boy frat party.. You all were indeed warned.. >>
Don't forget me Stan! Hope you like your party!
<< <i>
<< <i>People like you and cohodk live in fantasy land, and don't even have a clue as to what is being formed that WILL affect you and your families. Meanwhile, you keep making excuses for the ones enslaving you, while you mock the watchmen trying to warn you.
Another thing, they already have snitch programs where neighbors are spying on their neighbors. You might want to look that up. Don't think for the right price or under pressure your neighbor won't turn on you.
Now, back to the white shoe boy frat party.. You all were indeed warned.. >>
Don't forget me Stan! Hope you like your party! >>
Yep, you too. I wasn't referring to my party..
<< <i>Yep, you too. I wasn't referring to my party.. >>
Well of course not Stan, it's the frat that technically has the party. Good for you for finding a boy frat to pledge to though. You My Boy Blue!
<< <i>
<< <i>Yep, you too. I wasn't referring to my party.. >>
Well of course not Stan, it's the frat that technically has the party. Good for you for finding a boy frat to pledge to though. You My Boy Blue! >>
Well, your group does always have to string the conversation away from the facts, with distractions, to avoid having to actually admit what is happening in the world.
<< <i>
<< <i>
<< <i>Yep, you too. I wasn't referring to my party.. >>
Well of course not Stan, it's the frat that technically has the party. Good for you for finding a boy frat to pledge to though. You My Boy Blue! >>
Well, your group does always have to string the conversation away from the facts, with distractions, to avoid having to actually admit what is happening in the world. >>
Oh, you mean that we're winning? Goooooooo Team They!
I think everyone on this board should pledge your frat, it would make a great reality series.
<< <i>
<< <i>
<< <i>
<< <i>Yep, you too. I wasn't referring to my party.. >>
Well of course not Stan, it's the frat that technically has the party. Good for you for finding a boy frat to pledge to though. You My Boy Blue! >>
Well, your group does always have to string the conversation away from the facts, with distractions, to avoid having to actually admit what is happening in the world. >>
Oh, you mean that we're winning? Goooooooo Team They!
I think everyone on this board should pledge your frat, it would make a great reality series. >>
Willful ignorance is bliss, until reality hits..
<< <i>
<< <i>
<< <i>
<< <i>
<< <i>Yep, you too. I wasn't referring to my party.. >>
Well of course not Stan, it's the frat that technically has the party. Good for you for finding a boy frat to pledge to though. You My Boy Blue! >>
Well, your group does always have to string the conversation away from the facts, with distractions, to avoid having to actually admit what is happening in the world. >>
Oh, you mean that we're winning? Goooooooo Team They!
I think everyone on this board should pledge your frat, it would make a great reality series. >>
Willful ignorance is bliss, until reality hits.. >>
and then?
"watchmen"
"snitch"
Paranoid, antisocial thoughts....JMHO.
<< <i>"enslaving you"
"watchmen"
"snitch"
Paranoid, antisocial thoughts....JMHO. >>
Like I said, always stringing the conversation away from the facts, with distractions, to avoid having to actually admit what is happening in the world. You, miklia, cohodk, and Baley and the likes are victims of the social conditioning.
<< <i>"enslaving you"
"watchmen"
"snitch" >>
Do you have more or less freedom today than you had 15 years ago? Answer honestly..
Look up what a watchmen is. Is has nothing to do with what you falsely suggest.
While you are at it, go to any search engine and type in snitch programs. You just might be amazed at what you find..
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>
<< <i>
<< <i>
<< <i>
<< <i>
<< <i>Yep, you too. I wasn't referring to my party.. >>
Well of course not Stan, it's the frat that technically has the party. Good for you for finding a boy frat to pledge to though. You My Boy Blue! >>
Well, your group does always have to string the conversation away from the facts, with distractions, to avoid having to actually admit what is happening in the world. >>
Oh, you mean that we're winning? Goooooooo Team They!
I think everyone on this board should pledge your frat, it would make a great reality series. >>
Willful ignorance is bliss, until reality hits.. >>
and then? >>
Then we go to Stan's house. We'll get them all, one at a time if need be. But we would be much appreciative if Stan would have a party with all his buddies (does he have any?) so we can round them all up at once and take their stuff.
Knowledge is the enemy of fear
<< <i>
<< <i>"enslaving you"
"watchmen"
"snitch" >>
Do you have more or less freedom today than you had 15 years ago? Answer honestly..
Look up what a watchmen is. Is has nothing to do with what you falsely suggest.
While you are at it, go to any search engine and type in snitch programs. You just might be amazed at what you find.. >>
15 years ago it was harder for me to tract you on the internet. Now its much easier.....BOO!!!
Seriously and honestly, I think I have more freedom as my intelligence and hard work have enabled me to acquire and do more things.
Knowledge is the enemy of fear
It's like the poor soul who is pedaling his bike down the street looking backwards, instead of forward, at what is coming his way.
Believe me, there aint no playin' goin' on.
Great song from the Depression
Fixed the link.
Knowledge is the enemy of fear
This very thread telling you what you can put in a SDB? WTF?
Cell phone are walking tracking collars for every sheepie!!! Did ya sign up for that???
Talk about regulations, I bet in few years they will be telling me a new regulation on toilet paper disposal. More likely got one in the land of Fruits and Nuts!
How blind can one be~MERCY me!
<< <i>I have to have car insurance and now health. I pay so much sales tax hard to budget. I can not buy a 22LR at Walmart~WTF???
This very thread telling you what you can put in a SDB? WTF?
Cell phone are walking tracking collars for every sheepie!!! Did ya sign up for that???
Talk about regulations, I bet in few years they will be telling me a new regulation on toilet paper disposal. More likely got one in the land of Fruits and Nuts!
How blind can one be~MERCY me!
Be careful, the apologists will imply you have mental problems because you have the ability to see through the foggy propaganda..
Now all the "Hippies" was college boys. So, I figure good many are the well off dont touch my way of life now cause I got $$ cause I went to college.
Funny how $$ can influence any thing in America~hmm!
"social engineering"
"propaganda""
Natural forces of supply and demand are the best regulators on earth.
<< <i>Louisiana has banned the use of cash in all transactions involving secondhand goods. >>
This is a 4yr old story.
Here is comment from the author of the bill shortly after the first firestorm erupted in 2011....
STATEMENT FROM REP. CLIF RICHARDSON RE: ACT 389
"It has come to my attention that incorrect information is circulating concerning Act
389 of the 2011 Regular Session. This law was passed to curtail the theft and then sale
of copper and other metals and materials.
Under Act 389 a person, other than a nonprofit entity, who buys, sells, trades in,
or otherwise acquires or disposes of junk or used or secondhand property more than once
a month, is deemed to be a secondhand dealer. All payments for the purchase of used
property by a secondhand dealer are to be by check, money order, or electronic transfer
to the seller of the used property and are to be reported separately in the required daily
reports. Secondhand dealers are required to obtain a signed statement from the seller of
the junk or used or secondhand property stating that it has been paid for or is owned by
the seller. This is new to the secondhand dealers' law but was an existing
requirement for junk dealers before the passage of Act 389. A secondhand dealer,
under Act 389, who obtains the required statement is exonerated from any fraudulent,
willful, or criminal knowledge. Act 389 does not effect the purchase of goods by a
consumer from any business.
Under Act 389, (R.S.37:1861 (B), the following are exempt from the
secondhand dealer law:
(1) Dealers in coins and currency, dealers in antiques, gun and knife shows or other
trade and hobby shows.
(2) Persons solely engaged in the business of buying, selling, trading in, or
otherwise acquiring or disposing of motor vehicles and used parts of motor vehicles,
or wreckers or dismantlers of motor vehicles
(3) Private residential sales commonly known as "garage sales" or "yard sales" as
long as such sales take place at a residential address
(4) Any bona fide charity possessing a valid exemption under Section 501(c)(3) of
the Internal Revenue Code.
(5) Collectors, transporters, or disposers of waste whose waste collection,
transportation, and disposal activities are regulated by the Department of
Environmental Quality, or persons who collect, transport, or manage recyclable
materials pursuant to a residential collection, recycling, or disposal contract with a
municipality or political subdivision.
Also,If you would like more information on Act 389, click here to be redirected to the full text on the Louisiana Legislative website
by Stephen Sabludowsky, Publisher of Bayoubuzz.com
Knowledge is the enemy of fear
<< <i>I have to have car insurance >>
You don't have to have a car though. No cars in the Constitution. No liberties eroded.
<< <i>and now health. >>
It should be free for all, just like every other 21st century country. Instead, customers were given the choice of providers instead of paying more in taxes to the gov't to get it - the specific wish of the corporate types and liberty wing. No liberties eroded.
<< <i> I pay so much sales tax hard to budget. >>
And yet your income tax is undoubtedly lower than it used to be. No liberties eroded.
<< <i>I can not buy a 22LR at Walmart~WTF??? >>
A company's decision of what to stock is not an erosion of your liberty. Walmart not only ammo dealer in USA. No liberties eroded.
<< <i>This very thread telling you what you can put in a SDB? WTF? >>
Again, a company's decision. You're not mandated to own a SBD or put things in it. No liberties eroded.
<< <i> Cell phone are walking tracking collars for every sheepie!!! Did ya sign up for that??? >>
Um, yeah. the contract you sign when you buy the phone. And cell phones are not mandatory. No liberties eroded. And minus a million argument points for using 'sheeple' non-ironically.
The worst thing about the above is that you could have used so many real examples to show our our liberties have been eroded, and yet you focus on the gonzo myths. If one is actually concerned about the erosion of civil liberties, donate to the ACLU instead of (or at least in an amount 9x that of) the NRA.