[Ask the Gulch] So I went into my bank this morning and made a cash deposit, using a from from the back of my checkbook. And ... the teller asked for ID. She said that it was to protect my identity. Me thinks it's all about tracking the flow of cash. Am I right?
Posted by NoMoreObama 6 years, 10 months ago to Ask the Gulch
My theory is they are looking for any/all ways to stop the underground economy. I wonder how they will handle cash rent payments, money orders, payday loans, etc.
The paperless economy (no greenbacks)? That's all about government tracking and predictive analytics. That's the police state.
the police have more sniffing dogs for the airport when they leave..
Law enforcement is struggling with trying to keep the cartels out of the game. Weed is a greedy crop, requiring lots of electricity and water, and illegal growers are seriously damaging the environment.
Use of weed by minors has increased substantially, and schools report a drop in grades and graduating students they attribute to pot use.
Heavy users are discovering the "pleasure" of a side effect of screaming uncontrollably while dealing with heavy vomiting, which the doctors call "scromiting." There's been a significant increase in traffic accidents from users, due more to inattention and slowed reflexes than reckless behavior.
I could go on, but I've found that most libertarians, even those who are teetotalers are closeminded adherents to the idea that making drugs legal will cure all the ills and expense of the drug war. Being objective is supposed to mean being open to all the facts, not just those of your own choosing.
But there is an impact. In China, I think one of the emperors said "With all of these Opium Dens, if we were attacked, we could not get the people we need to defend ourselves". The challenge is in Responsible consumption, and Destructive consumption. Just like DUIs for Alcohol (Which always made me wonder why Bars are allowed to have parking lots!), DUIs for weed will keep rising.
This is a great Philosophical Stand-off. When does your RIGHT to do to your body/mind whatever you want, interfere enough with Society, that Society should be able to step in. Is it Okay to kill people when you are high/drunk? Is it okay to drive while you are tripping on Acid? Your rights end where other peoples rights begin (or at least begin to be infringed upon). This is where it gets sticky.
What's the difference between a parent letting his kid experiment and an adult contributing to the delinquency of a minor?
My challenge, I keep thinking people are Reasonably Intelligent. Despite my experience teaching me that many are NEITHER Reasonable, nor very Intelligent! And doing REALLY DUMB things without thinking about the consequences is exactly what we can expect.
=
With that said. Never Smoked, barely drink (any more), and I avoid prescribed drugs as much as possible.
thank you for all of you absolute correct information.
but it will always fall on the deaf ears of the politicians.
Finally, the ruling is it is mandatory at 10K, but any bank, at any time, for any reason may require that form! As I found out when I took 9500 out for Hurricane Cash.
A couple of years ago, when I took 5000 out, they made me SIGN A DOCUMENT Acknowledging that HAVING cash is NOT SAFE, and they are not responsible (Probably because they know it is counterfeit by definition).
BTW, they also wanted to know what it was for (I was paying off a loan, but I wrote "Pubic and Private Debts")
Of course I would expect they demand ID for a withdrawal (and a refusal if my name wasn't on the signing card, which it isn't.)
It's all about keeping tabs on you, me, and everyone else.
Under the mattress is looking better and better!
That would foil a wannabe sneaky thief who thinks using your stolen check book to put a little cash into your account and shortly coming back to take a lot more out is a good idea.
He'd have your balance from the first transaction but the asked for ID for a withdrawal should be a stone wall.
So it's hard to imagine a crook trying to do that. (I have a wild imagination anyway).
That's all me dino could imagine for checking your ID. And that scenario strikes me as a stretch.
Me dino thinks you're on to something.
I think you may be on to something too.
Sheesh!
I own a couple parcels of agricultural real-estate (eventual plan to build a home out there).
One of my neighbors had a couple adjacent parcels. He wanted to have his dream home built.
So - he contracted to have it built by a local high-end home-builder.
Then he got a boundary-line adjustment made -- essentially, he moved the boundary line for one of the parcels so that it consisted of five acres on the western edge of his pair of properties.
Next -- he sold that 5 acre parcel (including the water rights) to the builder for a low price.
The builder then constructed the dream-home for the large parcel owner -- did it for a very low price (zero).
Then, the builder constructed his own dream-home on his newly acquired 5 acres.
It's a Win-Win, of course, since the two parties are now neighbors living in beautiful dream-homes and they avoided the tax man by reducing any flow of cash through the business pipeline in terms of the home construction contractor.
Seeing how this was accomplished, I may choose to take a similar route as I also have two adjacent parcels out there.
Regarding the Water Rights: the local Irrigation District is no longer granting water rights applications as a result of the presumed scarcity of water resources under context of Climate Change.