To: AmericaUnited
"If you take out lower amounts (<$10,000) in multiple transactions, for the express purpose of not having the transaction get reported, that is called "structuring" and is a "problem"."
Does anyone else see a problem here?
It is NO ONE's business what I do with MY MONEY.
28 posted on
11/19/2003 4:21:05 AM PST by
WhiteGuy
(Beauty is in the eye of the beerholder)
To: WhiteGuy
It is NO ONE's business what I do with MY MONEY.No, it's not... It's the Gubmint's money, it's just on loan to you... Remember, it'll illegal to deface or destroy money.
And while I hate the idea that the Gubmint wants to know what you do with your money, remember the aborted attempt to get that "Know your Depositor" banking rule, where banks were told they had to profile all of their clients, and report any deviations to the government?
All governments will seek to increase their power.
Mark
50 posted on
11/19/2003 5:13:56 AM PST by
MarkL
(Chiefs 9-1... #$&!@(*#$$%^&@@#!!!!!!)
To: WhiteGuy
It is NO ONE's business what I do with MY MONEY. Shew me a penny. Whose image and superscription hath it?
To: WhiteGuy
"If you take out lower amounts (<$10,000) in multiple transactions, for the express purpose of not having the transaction get reported, that is called "structuring" and is a "problem"." If Limbaugh at no time paid more than $10,000 in cash for his drugs, I think he would have a case that he was simply structuring payments to match his drug purchasing activity, not to avoid reporting requirements, but that seems unlikely.
78 posted on
11/19/2003 8:36:17 AM PST by
wotan
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