Sponsor: Chuck Grassley, R-Iowa
Absolutely insane.
“(e) Monetary instruments with amount left blank.—For purposes of this section, a monetary instrument in bearer form that has the amount left blank, such that the amount could be filled in by the bearer, shall be considered to have a value of more than $10,000 if the instrument was drawn on an account that contained, or was intended to contain more than $10,000 at the time—
“(1) the instrument was transported; or
“(2) the instrument was negotiated or was intended to be negotiated.”.
Don’t walk around with a blank check in your wallet or pocket book anymore. Better undo that overdraft protection linked to your money market account.
[Sponsor: Chuck Grassley, R-Iowa]
Thanks. I was wondering who the sponsor was. I wonder if some of them realize the NWO ramifications of such? I’m sure there are those that do, that have political ties. coughJebBushcoughHillarycoughObamacough.
Red Alert -
Incredible egregious “flaw” in this proposed bill that you pointed out was somehow accidentally (deliberately) included in draft bill.
This legislation Clearly ushers in a cashless society with every financial transaction tracked by Big brother.
RE: Sponsor: Chuck Grassley, R-Iowa
“Don’t walk around with a blank check in your wallet or pocket book anymore. Better undo that overdraft protection linked to your money market account.
Absolutely insane.
“(e) Monetary instruments with amount left blank.—For purposes of this section, a monetary instrument in bearer form that has the amount left blank, such that the amount could be filled in by the bearer, shall be considered to have a value of more than $10,000 if the instrument was drawn on an account that contained, or was intended to contain more than $10,000 at the time—
“(1) the instrument was transported; or
“(2) the instrument was negotiated or was intended to be negotiated.”.”