Posted on 03/29/2015 6:44:19 PM PDT by SeekAndFind
Everyone will have to have a number and how much easier to do business when it’s in or on your body!
She was Structuring. Intentionally trying to evade the reporting requirements for large deposits. So the author is not exactly dealing with the facts here.
Of course governments want to eliminate cash, if all savings and transactions are electronic than they can completely control the citizenry.
Cashless populations are much easier to track and control.
Cash is not only anonymous leaving you unidentified as a party making a transaction, but cash can be stored in a mattress or a safe, hiding what you are worth from the government.
Once they ban cash and require some form of electronic money transfer, then not only can they track every transaction, but ultimately they can control it. They will know exactly what you are worth and they can kill the underground economy — which is good and bad. I want illegals aliens to pay their taxes and a no cash system will make it so they can’t hide that money anymore — but I don’t want to lose my freedom in the process, and that is just what will happen. I would rather illegals work under the table than that I lose my freedom.
Either way, cash is going away. The government demands to track our every move and they can’t track cash.
Cash is untraceable , and can come from any source.
How can the FED Govt. tax the banks if they don't know what you have
The only winners in the last 2 election cycles has been the Banks , giving only less than 1% interest, while they charge others significantly higher rates on loans.
That's why the FED will go after the banks ; banks hold money and they have already been bankrupting most other sources with reduced interest on deposits.
Consider it the ultimate "over-reach" as the economy is in decline , because the FEDGovt. is running out of "other peoples money".
Definitely happening. Question is, how to stop it?
Cash won’t become illegal. It will be worthless.
If they went electronic, there would be the chance of a data trail.
Welcome to The Managerial State:
http://en.wikipedia.org/wiki/Managerial_state
Paul Gottfried, in After Liberalism, defines this worldview as a "series of social programs informed by a vague egalitarian spirit, and it maintains its power by pointing its finger accusingly at antiliberals." He calls it a new theocratic religion. In this view, when the managerial regime cannot get democratic support for its policies, it resorts to sanctimony and social engineering, via programs, court decisions and regulations...
In this instance, they're managing us by monitoring our use of The King's Money.
Yeah, the Founding Fathers considered "Structuring" to be one of the few capital crimes in the beginning of the Republic.
Or they didn't have any such "crime" at all - I always forget which one it is...
She ought to see their penny-ante little "felony" and raise it by a number of REAL felonies. :)
“we have already been trained to regard the use of large amounts of cash to be unusual.”
I haven’t, I bought my airplane with $68K cash and ore receitnly, a custom 36 Cgevy coupe with $35K cash.
Taxation is easier
Cash is freedom and liberty. Of course it is targeted for elinination. Note that each piece of paper is serialized so tracking these daze would be easy to implement. Where’s George as an example.
If they don't prosecute Hillary, many people will be done with their "laws".
Rebellion with extreme Prejudice
Do you not see the Catch 22 situation of avoiding not evading the requlations? What if she made hourly deposits of $200? The regs now seem to be make no deposits of which the govt disapproves
With the whole boomtown thing going on around these parts, even businesses I have done business with for decades won't take a check from anyone, but everyone takes cash.
I was making conversation with a cashier and she said that they're doing $5 dollar bills, too.
I thought that was fascinating, in an age where the dollar bill is the new penny.
Ask Hillary Clinton. The prosecutors after this woman would't charge Hillary with crime one in her email server felony spree.
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