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To: DB
So do I, and I was born here, as were my parents and maternal grandparents.

So are you saying ANYONE that uses cash to make large purchases are suspect of something illegal?

53 posted on 08/20/2006 10:14:00 PM PDT by Gabz (Taxaholism, the disease you elect to have (TY xcamel))
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To: Gabz

I wrote:

"Illegals in particular don't use banks and deal in cash."

And you somehow extrapolate that to anyone who uses cash for a large transaction as doing something illegal...

That's not what I said. As far as I'm concerned cash is legal tender. I would argue the wisdom of using it in a $100,000 transaction but doing unwise things isn't a crime.


64 posted on 08/20/2006 10:28:30 PM PDT by DB (©)
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To: Gabz
"So are you saying ANYONE that uses cash to make large purchases are suspect of something illegal?"

Yes.

Anything over $10k in your possession at any time risks confiscation by the cops, who get to keep it for departmental use. It's called asset forfeiture, and it's been a big scam for about a decade now.

To those who say "there must be more to it; something smells"-- then fine, charge the guy with a crime and find him guilty in a court. Don't just take his cash because you have bad feelings. This is supposed to be America.

Google on "asset forfeiture"-- you'll be astounded.
74 posted on 08/20/2006 11:04:56 PM PDT by RightOnTheLeftCoast
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