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New Federal Patriot Act Turns Retailers into Spies against Customers
The Boston Globe ^ | 11/28/2001 | By Scott Bernard Nelson, The Boston Globe

Posted on 11/23/2001 2:58:00 PM PST by Smogger

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Hmmm... Scaaary.

I doubt that there is much compliance by small business since if someone hands you 10K cash for a product you are only going to declare 2 or 3K anyhow.

1 posted on 11/23/2001 2:58:00 PM PST by Smogger
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To: Mercuria
And you thought "Know Your Customer" was dead. It just went retail.

Remember: "We're all in this together."

2 posted on 11/23/2001 3:05:45 PM PST by nunya bidness
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To: Smogger
>Immigrants and the working poor are the most likely to find themselves in the database, since they tend to use the traditional banking system the least.

Translation: Immigrants use their informal 'cultural' banking systems so they dont have to pay taxes.

3 posted on 11/23/2001 3:06:13 PM PST by Dialup Llama
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To: Dialup Llama
Got news for everybody. This law has been in effect since the 1980's. Go try and buy a Lamborghini in Miami with cash. The law was put into effect decades ago to fight drug traffickers and their money launders. The same $10,000 reporting requirement for banks has been in effect for retailers with large ticket items like: boats, homes, cars, planes, etc. Don't blame it on W.
4 posted on 11/23/2001 3:17:47 PM PST by bpjam
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To: Smogger
And George wanted us to believe this was just for foreign terrorists...This is to keep a big eye on all American citizens...

This counerfeiting stuff is really comical...They told us that we needed new dollars because the old style was too easy to counterfeit...You can't walk into a convenience store without the counter clerk swiping a special pen across even a (new fangled) 5 dollar bill to see if it's real...What a fiasco...

5 posted on 11/23/2001 3:23:50 PM PST by Iscool
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To: bpjam
Don't blame it on W.

1st of all, this is a bigger more expansive law. And second, it's coming from his administration and he signed it. The first laws like this were bad, this is worse. He should have opposed it, not Proposed it.

But you are right, we shouldn't blame W for anything, after all, he's not Clinton or Gore you know.

6 posted on 11/23/2001 3:27:15 PM PST by Protagoras
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To: bpjam
Don't blame it on W.

If you are suggesting that the buck doesn't really stop on W's desk, then you are hardly paying him a compliment, either.

7 posted on 11/23/2001 3:36:42 PM PST by BenR2
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To: Smogger
True.Besides,I keep all cash purchases at$9999.99 or below,just to stay under the RADAR.....
8 posted on 11/23/2001 3:43:04 PM PST by rko1933
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Comment #9 Removed by Moderator

To: Smogger
If I'm paying $9,999 cash for something, you think I'm gonna give the clerk my name and address? Don't be ridiculous. Let him/her file a Suspicious Activity Report on an Unknown Person. Ha.
10 posted on 11/23/2001 3:50:02 PM PST by savedbygrace
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To: Benighted; seattlesue; Keeper of the Flame; vinylsidingman; dixie sass; Ms. AntiFeminazi
ROTFLMAO!!!! Oh how well do I remember how we fought side by side, to prevent the Fed Reserve and 3 others from making KNOW YOUR CUSTOMER the law of the land.

We fought not just once, but at least 3 times to defeat this BS.

And of course there were the usual sheeple that are so brain-deprived they couldn't/wouldn't believe their government had ulterior methods.

Well, when President Bush says the new rules are designed to stop financial counterfeiting, smuggling and money laundering, HE IS A LIAR......hello.....look at the rules they put in play in the Caribbean on small island nations after they were talked into using financial services to stimulate their economies......now, they are black-balling these same nations BECAUSE THEY ARE NOT USING THE SAME TAXING STRUCTURES THAT THE OTHER 'BIG' COUNTRIES ARE!!! Hello.....check out the information Operation America garnered through countless hours of research and documentation of all this BS!

Can anyone truthfully say its no wonder all these other countries hate our guts!!

11 posted on 11/23/2001 4:04:13 PM PST by Rowdee
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To: Smogger
AND.....is it any wonder, there wasn't a bill available for the Congressmen to review before they blindly voted?
12 posted on 11/23/2001 4:05:33 PM PST by Rowdee
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Comment #13 Removed by Moderator

To: bpjam
Well you beat to it. I love laws that piss off drug dealers, terrorist, and libertarians.
14 posted on 11/23/2001 4:15:02 PM PST by kempo
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Comment #15 Removed by Moderator

To: Iscool
"swiping a special pen across even a (new fangled) 5 dollar bill to see if it's real".........what does the pen swipe do?
16 posted on 11/23/2001 4:16:37 PM PST by Rustynailww
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To: savedbygrace
I've been giving them Al Gore's name.
17 posted on 11/23/2001 4:19:10 PM PST by Iwo Jima
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To: nunya bidness
I wondered how they were going to get around "Know Your Customer"?
18 posted on 11/23/2001 4:24:32 PM PST by freekitty
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Comment #19 Removed by Moderator

To: Smogger; All
Boy oh boy oh boy............am I gonna catch hell for this on this thread. Oh well; so what.

Look, y'all, this is getting a tad out of hand. Some nimrod had the gall to call me a "sheep" last night because I addressed such paranoia by bringing up a fair number of issues that this person hadn't thought of or chose to ignore. I'll admit that pissed me off, 'cause anyone who knows me in the slightest would laugh at such a description.

I do NOT like the Federal Government..........pretty much at all. I won't rehash the stale arguments we know to death around here (too damned big; un-Constitutional, etc., etc.). I don't like it when the Fed grows by even one person, let alone the "federalization" of all of those drooling airport security personnel. I like my privacy. I've been successfully homeschooling for nearly 18 years, LONG before it became fashionable, precisely because I didn't trust government and didn't feel that what I do was any of their damned business (in this example, that translated to avoiding that stupid trap of "checking in" or "registering" with the local school board / State). I'm independent as all hell, and I don't want the Feds knowing what I buy, what I make, what I eat, where I bank, or how many times per day I break wind.

I'm also an American.........and we're at war.

Too go**amned many here forget that.

You want security, you want to be protected. You don't want terrorists running around our country wreaking havoc. You want your families to be safe. You don't want any more September 11ths.

You also want all of this in the most free country on earth; a country wherein anyone can wander about unfettered, invisible.

You want it all...........but you sure as all hell don't seem willing to pay the price to see that you get it.

I hear and read all sorts of "experts" here on FR, trumpeting and chest-thumping about the "erosion of" or "assault upon" our rights as citizens. Oh really? What, exactly, do you propose? YOU tell ME exactly how to fight what we're fighting, whom we're fighting, where we're fighting 'em (HINT: it's right here in our backyard) with such measures. TELL ME, experts.

You sumbitch Bush's moves..........fine. Put up an alternative. I'm sure they'd love to hear it / read it. Go ahead; it's no secret that the White House and most members of Congress (or their staffs) frequent this Web site. Tell me just exactly what must be done to identify, track, and capture these bastards in such an environment. Don't even think about telling me how we need to track down all "illegal aliens", because that has been shot down twenty ways from Sunday (one example: We don't have a CLUE where the sumbitches are; so much for our "efficient" INS; so much for that wondrously transparent and mindless idea).

Talk to your parents and grandparents about WWII and what citizens had to "put up with" back here at home to fight enemies half a world away.

I don't like it, but we're at war and as a veteran, I know that war can be hugely "uncomfortable". Your fear is that these "powers" will continue past the time this "war" is declared over in some way??? Then get off your asses and elect people who will help ensure that these laws are sticken from the books when no longer needed, even if the "drop dead clauses" are ignored by subsequent administrations.

I got called a "sheep" for feeling this way...........well, I'll clue y'all: I consider a "sheep" to be someone who's too go**amned afraid to even think that they can have a say in their government and would rather hide behind a keyboard and insult those of us who know better.

20 posted on 11/23/2001 4:30:00 PM PST by RightOnline
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