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Old 10-20-2011, 12:16 PM   #1
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Default Apparently cash is no longer legal tender

Too hard for Big Brother to track you.

http://www.klfy.com/story/15717759/s...and-dealer-law

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Cold hard cash. It's good everywhere you go, right? You can use it to pay for anything.
But that's not the case here in Louisiana now. It's a law that was passed during this year's busy legislative session.
House bill 195 basically says those who buy and sell second hand goods cannot use cash to make those transactions, and it flew so far under the radar most businesses don't even know about it.
"We're gonna lose a lot of business," says Danny Guidry, who owns the Pioneer Trading Post in Lafayette. He deals in buying and selling unique second hand items.
"We don't want this cash transaction to be taken away from us. It's an everyday transaction," Guidry explains.
Guidry says, "I think everyone in this business once they find out about it. They're will definitely be a lot of uproar."
The law states those who buy or sell second hand goods are prohibited from using cash. State representative Rickey Hardy co-authored the bill.
Hardy says, "they give a check or a cashiers money order, or electronic one of those three mechanisms is used."
Hardy says the bill is targeted at criminals who steal anything from copper to televisions, and sell them for a quick buck. Having a paper trail will make it easier for law enforcement.
"It's a mechanism to be used so the police department has something to go on and have a lead," explains Hardy.
Guidry feels his store shouldn't have to change it's ways of doing business, because he may possibly buy or sell stolen goods. Something he says has happened once in his eight years.
"We are being targeted for something we shouldn't be."
Besides non-profit resellers like Goodwill, and garage sales, the language of the bill encompasses stores like the Pioneer Trading Post and flea markets.
Lawyer Thad Ackel Jr. feels the passage of this bill begins a slippery slope for economic freedom in the state.
"The government is placing a significant restriction on individuals transacting in their own private property," says Ackel.
Pawn shops have been forced to keep records of their clients for years. However under this bill they are still allowed to deal in cash.
Doug MacDiarmid
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Old 10-20-2011, 12:42 PM   #2
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Who the **** cares about Louisiana lol
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Old 10-20-2011, 01:12 PM   #3
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What an idiotic law. I hope the uproar gets it repealed. However getting a bad law repealed is 10x harder than getting a good one passed.

Nobody ever thinks what the unintended consequences might be. Such as, that poor people with no checkbooks nor credit cards will have difficulty buying used goods from shops. That thieves will just sell goods for cash for even lower prices, out of Craigslist. Or that a network that brings stolen goods out of state will pop up.

The justification is always "to catch criminals/terrerists".

Anyone ever think that the cure might be worse than the disease?
Anyone ever realize that this is a bonanza for Big Brother/IRS/taxation?
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Old 10-20-2011, 01:23 PM   #4
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I don't read in to much of the hype behind all the conspiracy and "OMG this is socialist America!" etc etc, but this bill actually being passed scares the **** out of me.
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Old 10-20-2011, 01:45 PM   #5
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Cash based fraud probably lapses in comparison the fraud in Louisiana on FEMA grants.
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Old 10-20-2011, 04:51 PM   #6
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Originally Posted by tasty danish View Post
I don't read in to much of the hype behind all the conspiracy and "OMG this is socialist America!" etc etc, but this bill actually being passed scares the **** out of me.
You mean STATIST America. Confusing the 2 obfuscates the argument, but yes.

It's not a "conspiracy". It's merely the result of the masses believing in that all of society's problems need to be solved with more laws. Laws = more power to gov't. And gov't is the wrong institution for solving most problems.

Society solves many problems on its own. The belief that only gov't can solve some problems, plays into the hands of the power elite.
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Old 10-20-2011, 05:01 PM   #7
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Originally Posted by JasonC SBB View Post
Society solves many problems on its own. The belief that only gov't can solve some problems, plays into the hands of the power elite.
I'd argue that politicians create problems and then use those problems to justify more government.
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Old 10-20-2011, 11:21 PM   #8
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Wait, I thought cash was evil. You know, the whole "central bank issues fiat currency causing us to all become slaves" thing?

Anyway, cash hasn't been legal tender in any state for years, provided that you happen to be 30,000 feet above that state in a commercial airliner and wish to purchase a meal or a glass of wine.
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Old 10-20-2011, 11:22 PM   #9
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tender*
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Old 10-20-2011, 11:29 PM   #10
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Originally Posted by Joe Perez View Post
Wait, I thought cash was evil. You know, the whole "central bank issues fiat currency causing us to all become slaves" thing?
???

Cash isn't evil, neither is currency. Unbacked currency in and of itself isn't either. Monopoly control over currency is evil.

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Anyway, cash hasn't been legal tender in any state for years, provided that you happen to be 30,000 feet above that state in a commercial airliner and wish to purchase a meal or a glass of wine.
The difference is that said airline is run by a private business and they can choose to not take cash. If you don't like it, you can complain to the management and choose to patronize an airline that accepts cash. Transactions should be voluntary on both sides. When the gov't passes a law outlawing the use of cash, both parties may be happy to use cash, but the gov't steps in and says "no you can't".
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Old 10-21-2011, 12:25 AM   #11
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Originally Posted by JasonC SBB View Post
???

Cash isn't evil, neither is currency. Unbacked currency in and of itself isn't either. Monopoly control over currency is evil.
Ok, I just figured that since we're a group of mostly American citizens, chatting on a forum with an American domain extension, about a state in America prohibiting the use of American money, it would be inferred by the reader that "cash", in this context, refers to the US dollar, which is a "monopoly currency" from the standpoint that it is controlled by the Federal Reserve.



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The difference is that said airline is run by a private business and they can choose to not take cash.
I'm actually not so sure about that. According to United States Code Title 31, Subtitle IV, Chapter 51, Subchapter I, 5103:
United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues.
Hence the words "This note is legal tender for all debts, public and private" which are imprinted on every bill.





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When the gov't passes a law outlawing the use of cash, both parties may be happy to use cash, but the gov't steps in and says "no you can't".
And I agree this this is wrong and probably illegal, I just couldn't help but comment on the inherent irony.
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Old 05-02-2012, 11:42 AM   #12
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Old 05-02-2012, 12:16 PM   #13
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Originally Posted by Braineack View Post
How?

That's just some old bro using old money.

Common sense says don't use old bills/coins.......cause they're worth more anyways! lol

I must have missed this thread when it was opened.

Pass a law to take away cash transactions and there will still be cash transactions. End of story.
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Old 05-02-2012, 12:51 PM   #14
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it was a joke. but he got arrested using legal tender regardless.
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