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Old $50 bill found real, but not before bearer arrested
Shelbyville Times-Gazette via Houston Chronicle ^ | 1 May 2012 | David Melson (originally)

Posted on 05/06/2012 2:13:29 PM PDT by MeneMeneTekelUpharsin

SHELBYVILLE, Tenn. (AP) — Tennessee police are apologizing after arresting a man for using a $50 bill they thought was fake but that turned out to be real. Police in Shelbyville thought the bill was counterfeit after a convenience store clerk called them. The clerk said a marker used to detect false money didn't show the bill was real. (excerpt - read more at link)

(Excerpt) Read more at t-g.com ...


TOPICS: News/Current Events; US: Tennessee
KEYWORDS: 50bill; counterfeit; currency; fake; money; shelbyville
Interesting story... read more at link.
1 posted on 05/06/2012 2:13:38 PM PDT by MeneMeneTekelUpharsin
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To: MeneMeneTekelUpharsin

onoz

I gots lots of old money in my sock drawer.


2 posted on 05/06/2012 2:18:34 PM PDT by mamelukesabre
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To: MeneMeneTekelUpharsin

Arrogant ignoramuses. I’d sue their butts off.


3 posted on 05/06/2012 2:18:46 PM PDT by Born to Conserve
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To: Born to Conserve

Sue the cops too for wrongful arrest.


4 posted on 05/06/2012 2:20:20 PM PDT by SandRat (Duty - Honor - Country! What else needs said?)
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To: MeneMeneTekelUpharsin

Now he has an arrest on his record for the rest of his life because of an ill informed, poorly trained policeman.

He deserves more than an apology.


5 posted on 05/06/2012 2:21:13 PM PDT by Iron Munro (If Repub's paid as much attention to Rush Limbaugh as the Dem's do, we wouldn't be in this mess)
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To: MeneMeneTekelUpharsin
There wasn't much more at the link 'cept, the marker used to detect counterfeit showed the real bill was not real.

Which raises the question, what's in a modern bill that wasn't in the older bills?

6 posted on 05/06/2012 2:21:23 PM PDT by knarf (I say things that are true ... I have no proof ... but they're true)
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To: MeneMeneTekelUpharsin
If it is a silver certificate, it is redeemable in silver.
7 posted on 05/06/2012 2:21:52 PM PDT by Citizen Tom Paine (An old sailor sends)
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To: MeneMeneTekelUpharsin

Well, I hope he learned his lesson.


8 posted on 05/06/2012 2:22:01 PM PDT by I am bigjohn
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To: MeneMeneTekelUpharsin

Exchange it for a new one at the bank??? Bull puckey. Put that sucker on Evil bay and let the collectors bid it up to a grand.


9 posted on 05/06/2012 2:23:11 PM PDT by Old Flat Toad (Pima County, home of the single vehicle accident with 40 victims.)
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To: Iron Munro

He deserves more than an apology. To the cop, this was just another day at the office. It is just standard to haul people off to jail. Routine.

The officer should be arrested, strip searched, body cavity searched, “spread those but cheeks”. He should be PERSONALLY sued for his pension. He should be put in personal bankruptcy or lose his house. Then his buddies won’t be quite so quick next time and will take the time to actually do their job.


10 posted on 05/06/2012 2:32:40 PM PDT by DariusBane (People are like sheep and have two speeds: grazing and stampede)
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To: DariusBane

How about a weeks suspension? With pay, of course.


11 posted on 05/06/2012 2:37:14 PM PDT by gorush (History repeats itself because human nature is static)
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To: DariusBane

...and the taxpayers will pay for his legal costs.


12 posted on 05/06/2012 2:38:20 PM PDT by gorush (History repeats itself because human nature is static)
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To: Citizen Tom Paine

Prior to 1968 they were.

The counterfeit detector pens, afaik, indicate the presence of wood fiber, something present in notebook paper, but not U.S. currency, comprised of cotton and linen. So the older currency should pass this test.


13 posted on 05/06/2012 2:39:20 PM PDT by Freedom4US
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To: knarf
Which raises the question, what's in a modern bill that wasn't in the older bills?

Cocaine.

14 posted on 05/06/2012 2:40:14 PM PDT by Last of the Mohicans
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To: DariusBane

Sounds like an ignoramus police department to me. I wouldn’t call for so much revenge in kind as for a complete re-education on matters of allegedly bogus money. Plus a handsome settlement to the man who went through the hassle based on the bungle and a complete expungement of the arrest forthwith, with legal costs of that fully paid too. Now if that same PD did something like this a second time, I say get medieval on them.


15 posted on 05/06/2012 2:41:09 PM PDT by HiTech RedNeck (Mitt! You're going to have to try harder than that to be "severely conservative" my friend.)
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To: gorush

That’s more likely.

Cops=. Tons of power and. Zip,zero, personal responsibility. If they shot your dog after seeing up at the wrong address, we’ll that’s just too damn bad as they were “following guidelines”. worse case they go to work for the county, of the city next door.

Just plow under a handful of these clowns and you could change the world.


16 posted on 05/06/2012 2:42:18 PM PDT by DariusBane (People are like sheep and have two speeds: grazing and stampede)
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To: Citizen Tom Paine
If it is a silver certificate, it is redeemable in silver.

It should be but it isn't. The government long ago set a date by which silver certificates to be redeemed and after that all you could get for them was FRNs.

My guess is that the thing was just an old FRN. I've never seen a silver certificate for more than $10.

ML/NJ

17 posted on 05/06/2012 2:45:50 PM PDT by ml/nj
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To: HiTech RedNeck

This stuff happens all the time. It’s not just this department. The only time we ever hear about stuff like this is when it happens to “somebody who is somebody”. The vast unwashed get plowed under all the time and just have to take it with a smile. Most don’t vendors know it’s wrong as the slums are just sweep zones where everybody goes to jail now and then.


18 posted on 05/06/2012 2:47:02 PM PDT by DariusBane (People are like sheep and have two speeds: grazing and stampede)
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To: HiTech RedNeck

This stuff happens all the time. It’s not just this department. The only time we ever hear about stuff like this is when it happens to “somebody who is somebody”. The vast unwashed get plowed under all the time and just have to take it with a smile. Most don’t vendors know it’s wrong as the slums are just sweep zones where everybody goes to jail now and then.


19 posted on 05/06/2012 2:47:12 PM PDT by DariusBane (People are like sheep and have two speeds: grazing and stampede)
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To: DariusBane

I’ve never heard of a “don’t vendor” before.


20 posted on 05/06/2012 2:51:22 PM PDT by HiTech RedNeck (Mitt! You're going to have to try harder than that to be "severely conservative" my friend.)
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To: Citizen Tom Paine

Not since 1967


21 posted on 05/06/2012 2:57:44 PM PDT by DeaconBenjamin (A trillion here, a trillion there, soon you're NOT talking real money)
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To: MeneMeneTekelUpharsin

Cop goes into immediate denial and goes to a second bank. After he finds out it is legal tender, he still tells Lorenzo Gaspar to exchange it. Ignoramuses everywhere, and no mention of the Quik Mart manager and employees responsible for starting that mess.


22 posted on 05/06/2012 3:02:31 PM PDT by BerryDingle (I know how to deal with communists, I still wear their scars on my back from Hollywood-Ronald Reagan)
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To: DariusBane; AnonymousConservative
There are good and bad apples in all vocations. Our decayed culture results in our encountering a much higher percentage of bad than was the case before the cultural decay metastasized.

I expressed a related, if flippant, observation in a recent post and Freeper AnonymousConservative replied with a detailed analysis...he diagrammed my sentence, so to speak. It explains my viewpoint far better than I was willing to express. I hope you enjoy it as much as I did:

"I’ve said this so many times now, I’m going to turn blue in the face. In evolutionary ecology, free resource availability in a population (think of a productive society, where nobody has to demonstrate fitness to acquire the resources necessary to survive and mate) produces r-selection, which culls the population for a psychology averse to competition, cowardly, promiscuous, prone to single parent, and prone to support early sexualization of the young. THis si all an attemtp to produce as many cheap offspring as possible, to out-reproduce everyone else. Since no one has to demonstrate fitness to acquire the free food, they eventually trade off the fitness for more kids. Kind of like the free grass availability every rabbit has, has culled their species for this pacifistic, promiscuous, low-investment parenting psychology, and turned them into a potentially invasive species, if the predation were removed.

Resource shortage forces everyone to demonstrate fitness, to acquire resources (else they be denied resources through an inability to compete for them). This produces a psychology which is competitive, fearless, and which strives to produce ultra fit offspring (to see their genes pass forward), through carefully selecting a highly fit mate, monopolizing their fitness through monogamy, raising offspring carefully for extended periods using high-investment, two-parent child rearing (to protect them, and make them as fit and capable as possible, so they can acquire resources), and which discourages young from entering the mating market, until they are fully mature, and not likely to get killed in the aggressive, competitive, K-selected environment. Here, parents stop trying to produce a lot of cheap kids, and just focus on producing a small number of highly fit kids, since only the fit will survive and mate.

You really can’t understand politics without understanding r/K Selection Theory. Liberals are just the r-type portion of our populace, while Conservatives are the K.

So a population succeeds, and produces successfully. It then creates an r-selected environment, where every idiot and their brother can get free resources due to the excess productivity. Suddenly the population which grows the fastest is the prolific r-type welfarites, who just eat government cheese, and have fifteen kids, each generation dumber and more prolific than the last. It’s the movie Idiocracy in action.

Except, before we get to President Camacho, the welfarites become so burdensome on the system, that the producers can no longer support them, and they collapse the society. THis creates resource shortage and K-selection, which eventually resets the clock back, so the cycle can begin again.

It’s funny to see the exact same thing in nature, in other species. I now think of the Democratic Party like our own invasive species. Give them free resources, and watch them explode in number, and collapse the ecosystem. Then watch resource shortages reset everything so we can take the ride again."

23 posted on 05/06/2012 3:06:15 PM PDT by gorush (History repeats itself because human nature is static)
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To: ml/nj

>> “I’ve never seen a silver certificate for more than $10.” <<

From 1934 to 1957, all paper money was silver certificates.


24 posted on 05/06/2012 3:11:40 PM PDT by editor-surveyor
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To: MeneMeneTekelUpharsin
A convenience store clerk was given a $20 Chicago Bank Note in payment. After some explanation of what it was she sold it to for $20.
I guessed someone stole it and didn't know it's value so they spent it.
25 posted on 05/06/2012 3:17:30 PM PDT by count-your-change (You don't have to be brilliant, not being stupid is enough.)
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To: editor-surveyor
From 1934 to 1957, all paper money was silver certificates.

Are you sure? That doesn't sound right to me.

26 posted on 05/06/2012 3:33:18 PM PDT by Lancey Howard (No Romney, no way.)
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To: knarf
Which raises the question, what's in a modern bill that wasn't in the older bills?

Another good question, is what is in an older bill that is not in a newer bill? The older is probably a silver certificate, and backed by an implied reserve of the precious metal, while the newer is fiat currency, "it shall be worth $50", and has no backing.

Also, from a collectors standpoint, the old $50 is probably worth a good bit more than $50.

27 posted on 05/06/2012 3:38:25 PM PDT by The_Media_never_lie (The President who ate the dog, will soon wag the dog.)
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To: knarf
Which raises the question, what's in a modern bill that wasn't in the older bills?

Another good question, is what is in an older bill that is not in a newer bill? The older is probably a silver certificate, and backed by an implied reserve of the precious metal, while the newer is fiat currency, "it shall be worth $50", and has no backing.

Also, from a collectors standpoint, the old $50 is probably worth a good bit more than $50.

28 posted on 05/06/2012 3:38:44 PM PDT by The_Media_never_lie (The President who ate the dog, will soon wag the dog.)
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To: editor-surveyor

29 posted on 05/06/2012 3:43:54 PM PDT by Lancey Howard (No Romney, no way.)
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To: Freedom4US

The counterfeit detector pens, afaik, indicate the presence of wood fiber, something present in notebook paper
***********************************
I think you’re right about that ,, or at least they detect acid which is common in cheap paper


30 posted on 05/06/2012 3:44:23 PM PDT by Neidermeyer
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To: editor-surveyor

Except for Federal Reserve Notes, and U.S. Notes? Silver certificates made up a small percentage of currency issued.


31 posted on 05/06/2012 3:46:06 PM PDT by Freedom4US
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To: HiTech RedNeck

Not the first time auto complete on my tablet has tripped me up.


32 posted on 05/06/2012 3:47:09 PM PDT by DariusBane (People are like sheep and have two speeds: grazing and stampede)
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To: gorush

Beautiful.


33 posted on 05/06/2012 3:48:59 PM PDT by DariusBane (People are like sheep and have two speeds: grazing and stampede)
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To: The_Media_never_lie

Doubtful. The small portrait currency wasn’t replaced *that* long ago, and as this gentleman found, can be a liability in that many people are too stupid to recognize it as legal tender.


34 posted on 05/06/2012 3:49:46 PM PDT by Freedom4US
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To: editor-surveyor
From 1934 to 1957, all paper money was silver certificates.

You don't know WTF you're talking about.

The Federal Reserve was created in 1913. You think they gave up printing money for 23 years? In 1934 they stopped issuing notes that were redeemable in GOLD. From 1934 to 1963 Federal Reserve Notes were redeemable in "Lawful Money." Now they aren't redeemable for anything (and thus do not meet the usual legal definition of a note).

The only thing that happened in 1957, as I recall, was that the Fed began issuing one dollar notes (and the Treasury probably stopped issuing silver certificates).

ML/NJ

35 posted on 05/06/2012 3:59:16 PM PDT by ml/nj
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To: gorush
There are good and bad apples in all vocations.

Some people say the same thing about Muslims. But when they go flying airplanes into buildings or blowing up pizzerias the Muzzies all seem to close ranks around the "bad apples." Cops do the same thing. Watch this video. And here's what happened.

How do you feel when you see one of these jerks speeding by with his "I'm above the law" shield displayed in his front or back window, or even in a patrol car without a flashing bubble light?

All of government has this attitude now. It's not just Obama. And cops are government.

ML/NJ

36 posted on 05/06/2012 4:22:17 PM PDT by ml/nj
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To: Citizen Tom Paine

“If it is a silver certificate, it is redeemable in silver.”

Except that it isn’t.

The Feds defaulted on that commitment back in the late 60s.

A silver certificate is no more redeemable than a gold certificate.


37 posted on 05/06/2012 4:29:57 PM PDT by Skepolitic
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Image and video hosting by TinyPic
38 posted on 05/06/2012 4:40:15 PM PDT by Arkansas Toothpick
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To: ml/nj

Wow.

That was just plain murder. The guy never had a chance to do anything.


39 posted on 05/06/2012 4:51:32 PM PDT by 2111USMC (Not a hard man to track. Leaves dead men wherever he goes.)
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To: Neidermeyer

While the older notes lack the more modern anti-counterfeiting measures present in the new notes the pen shouldn’t have been necessary, really. There are fine red and blue silk fibers embedded in the bill, for example, and the engraving should be sharp, etc. Afaik, though, the older notes should pass the pen too.


40 posted on 05/06/2012 5:29:36 PM PDT by Freedom4US
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To: gorush
"There are good and bad apples in all vocations"

But most vocations do not allow the bad apples, for example, to break into homes and kill people with impunity.

41 posted on 05/06/2012 5:43:48 PM PDT by UnwashedPeasant (Don't nuke me, bro)
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To: MeneMeneTekelUpharsin

I hope those local cops are as diligent and consistent in enforcing federal immigration laws as they are with federal counterfeiting laws.


42 posted on 05/06/2012 6:46:55 PM PDT by mikey_hates_everything
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To: editor-surveyor
From 1934 to 1957, all paper money was silver certificates.

Nope. There were Federal Reserve Notes and United States Notes in there, too.

In theory, all were redeemable in silver up until 1964, all you had to do was go to the bank and get quarters, halves, or dimes.

43 posted on 05/06/2012 6:55:06 PM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: gorush
Hey, I just saw you posted this here. Thank you for the repost, spreading the analysis. I've been off FR, promoting my work on various Evo-psych and HBD blogs. Vox gave me a post Here (he liked it as an argument, but is a Creationist himself) and I've had a ton of downloads on the PDF paper, while a bunch of other blogs are looking the book over, before getting back to me. I think they were afraid this could be a cover for some racist thing promoted in the book, and wanted to make sure I was legit.

I've also got a post up here on FR now, promoting the full concept and the paper, Here.

See ya around.

44 posted on 05/11/2012 2:52:50 PM PDT by AnonymousConservative (Why did Liberals evolve within our species? www.anonymousconservative.com)
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