Posted on 08/20/2006 8:57:44 PM PDT by FreedomCalls
Auctions that sell fleet type trucks, rigs and cars have many large cash buyers. I used to work in the transportation department of a five billion dollar utility company and would go to auctions that sold the company's outdated vehicles. There was always people, some private but mostly small and medium businesses buying with cash currency. A used 70 ft. bucket truck in good condition sells for around $65,000.
I have done it with a credit card...
We have this ting called Trader's Village here in North Texas. It is 90% Mexicans selling stuff -- some new, some used, and yes some probably stolen. Almost every vendor has a large trailer or panel truck they keep their goods in. Some are refridgereated. All transactions are cash. I doubt if 10% keep records. For most it is a way to make money on weekends. For some it is their only source of income. I could very easy see one of them going to Chicago to purchase a truck and pay cash for it.
Money packed in bags that used to contain drugs, peaks a dog's interest.
From the dissent: "I note that no drugs, drug paraphernalia, or drug records were recovered in connection with the seized money. There is no evidence claimants were ever convicted of any drug-related crime, nor is there any indication the manner in which the currency was bundled was indicative of drug use or distribution."
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.
This would be the result of that, no doubt (listen to the audio).
Duhh, ya think??
This is the kind of thing you might expect to see happen in some 3rd world Central American country, but not in the good old USA, right? Wrong, it happens here way too often.
When I lived in FL a middle aged black lady driving from SC to Miami right after Hurricane Andrew was stopped on I-95 near Daytona for a traffic violation. The deputy decided to go on a fishing expedition by searching her car, and hit the jackpot by finding something like $35,000 in cash in her purse. She later proved in court that the money was her life's savings which she was taking to her sister in Miami to pay for repairing her hurricane damaged home. Carrying that much cash around was pretty dumb, but it wasn't illegal.
IIRC she took the sheriff to court to recover the money and a judge ordered that it be returned. But when I left FL the sheriff's dept was planning to appeal to another court and was still refusing to turn her money over to her.
LE loves these unconstitutional laws that allow cops and sheriffs to keep anything they can find that suits their fancy even if no contraband is involved and no laws are broken. If a judge orders the property or money returned they aren't penalized or out anything except the money, cars, jewelry, etc, that they stole in the first place under pretext of enforcing the law.
The American colonials threw King George's tea in Boston Harbor and tarred and feathered his tax collectors for a lot less high-handed government thievery than that.
Very dangerous ruling and not one in keeping with a free society.
Sssshhhhh, don't tell anyone but the actual amount where they start alerting is somewhat less than $10K. They catch a lot of fools every year thinking they'll get $9,999 and be slick.
Reality check.
Every person breaks the law several times a year, Yet, with all that lawlessness society has not plunged into self-destruction. It didn't last year, a decade ago, fifty years nor a century ago. At the rate of 3,000 new laws and regulations created at the federal level each year how is it that persons and society don't run headlong into destruction without the new laws to come next year and each year thereafter -- yet in reality persons and society increasingly prosper despite not having the supposed benefits of future laws and despite massive lawlessness?
In general, politicians and bureaucrats are parasitical elites. Collectively they are parasitical. They feed/leech off the working man and working woman. Without the workers of the world, value producers, the parasitical elites would perish because they are net value destroyers.
I rustled up about $50,000 cash once. The original estimate by a contractor for work on my house was $75,000. The cash price was $50,000. I was probably breaking some laws but reading stories like this makes me feel even better about doing it.
Not part of the problem, it's THE problem.
Between the cities taking private property by condemnation and then reselling it to developers for profit, and LE seizing money and valuables from innocent travelers on the highways, the US is becoming a lot like the Barbary pirate states back in the 1700s.
Story reeks of smelt.
You obviously have not been in the real world very long. I have seen stuff from airplanes, luxury cars, tractors, oil field equipment, boats, and houses paid for with cash. Lots and lots of people still use cash to purchase a myriad of things other than drugs.
Ever go to a doctor and arrange cash payment? I have and services cost me 1/3 what it would have with insurance or other payment methods.(not talking about just an office visit either.)
Worked in an auto dealership once. Farmer came in and bought a new Caddy for his wife. Had two pillowcases full of every US denomination up to 100's. Took us two hours to count out 23 grand for the Caddy plus taxes.
Just because somebody likes to pay with cash does not mean it was illegally nor the folks do anything illegal.
Even wealthy people from Mexico travel with lots of cash, they do not trust their own banking system.
"Who buys a commercial truck for cash?" My son, for one. He & a friend took 25G out of the bank & were heading down the interstate to buy a used truck. Cop pulled 'em over & first words out of his mouth were "where's the money, fellas?" Luckily, they had scads of truck ads, both had CDLs, & he let 'em go. But he could have kept the money, woulda cost them way more than 25g in attorney fees to get it back.
A lot of people demand cash.
When I bought my airplane 25 years ago they demanded cash for the balance that I owed
I took $68k out of my bank account and took it with me to pay that balance.
It was a company in Phoenix and not a private party.
At that time that was a lot more than what this guy had considerig inflation.
btt
LOL
I ALWAYS ask if a contractor offers a 'cash discount" Some do, some don't.
Ditto for stores.
If I pay cash vs a credit card, I expect something back for haing saved the vendor the 2 or 3% charged by the CC outfit.
Some do - some don't. If I didn't ask, I would not save the dough.
D'oh.
I got a cop friend that has a drug dog. He told me the dog 'alerts' when taken into a bank vault. So, by your reasoning, should the cops take all the banks money? Is the bank dealing in drugs?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.