[Dialup Llama]

>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.

[bpjam]

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.

[angry elephant]

>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.

If the working poor have $10,000 in cash to spend at one time, we should all be so poor.

[exodus]

From the article;
"...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..."
*******************

To: Smogger
"Translation:
Immigrants use their informal 'cultural' banking systems
so they dont have to pay taxes.
# 3 by Dialup Llama
************

You have no memory, Dialup Llama.

The old folks back in the "good ol' days"
didn't hide their money in mattresses to avoid taxes.
They put the money in the mattress
because they didn't trust banks, or bankers.

I can't think of any reason that an immigrant
would have to trust the federal government.
It doesn't matter whether the immigrant is legal or illegal,
his best interests are served by avoiding
the attention of government officials.

He doesn't trust them, and with good reason.