Banking Restrictions - Examples -

[Spartacus]

Re: Banking Restrictions - Examples -

EDIT: long story short, since $5,000 won't be reported there should be few issues other than time with trying this as a data gathering effort.

It's your money. The degree to which members of free society are willing to change legal behavior for fear that the state is going to treat the behavior as criminal is a measure of despotism. Failure to resist the temptation to fear government is an invitation to despotism.

To each his own.

My tactic is to do my best to keep off the cops' radar (especially the ones I perceive to be the most aggressive) while trying to change things by making political donations & doing volunteer work.

All that being said, I've done things that I know for a fact could be highly suspicious under some banking regulations. So I talk a good "safety" game but don't play it very well. Like all the times I write about being nervous about my investments but making very risky investments anyway.

[FRED]

Re: Banking Restrictions - Examples -

EDIT: long story short, since $5,000 won't be reported there should be few issues other than time with trying this as a data gathering effort.

To each his own.

My tactic is to do my best to keep off the cops' radar (especially the ones I perceive to be the most aggressive) while trying to change things by making political donations & doing volunteer work.

All that being said, I've done things that I know for a fact could be highly suspicious under some banking regulations. So I talk a good "safety" game but don't play it very well. Like all the times I write about being nervous about my investments but making very risky investments anyway.

Regarding all of the above: Welcome to the club!

[jacobdcoates]

Re: Banking Restrictions - Examples -

5k may be reported(depends on the person), if it involves a pattern of suspicious activity. It would generate a suspicious activities report that would go to the feds. but then again if you not doing anything "wrong" with the money you don't have much to worry about.

[metalman]

Re: Banking Restrictions - Examples -

5k may be reported(depends on the person), if it involves a pattern of suspicious activity. It would generate a suspicious activities report that would go to the feds. but then again if you not doing anything "wrong" with the money you don't have much to worry about.

i'll take as much of my money out of the bank whenever i want. screw the feds. it's my money. period. there is no law against taking your money out of the bank. i can't understand all this hand wringing. really. what the fuck?

[rabot10]

Re: Banking Restrictions - Examples -

i'll take as much of my money out of the bank whenever i want. screw the feds. it's my money. period. there is no law against taking your money out of the bank. i can't understand all this hand wringing. really. what the fuck?

Ya What he said!

[jk]

Re: Banking Restrictions - Examples -

i'll take as much of my money out of the bank whenever i want. screw the feds. it's my money. period. there is no law against taking your money out of the bank. i can't understand all this hand wringing. really. what the fuck?

the hand wringing is what happens in a country where the government says "if you're not with us, you're against us," abolishes habeas corpus, engages in forced rendition of non-citizens and proudly defends its right to torture people who are held without charge or trial for indeterminate periods of time. all that has to happen is you get yourself declared an "enemy combatant".....

[WDCRob]

Re: Banking Restrictions - Examples -

You left off monitoring phone and wire transmissions without a warrent, illegally rewriting laws passed by Congress, and destroying evidence relevant to potential wrongdoing.

[Spartacus]

Re: Banking Restrictions - Examples -

You've never lived under a real repressive regime, so you have no right to complain.


Go live under Karimov and then come here and give us an update

the hand wringing is what happens in a country where the government says "if you're not with us, you're against us," abolishes habeas corpus, engages in forced rendition of non-citizens and proudly defends its right to torture people who are held without charge or trial for indeterminate periods of time. all that has to happen is you get yourself declared an "enemy combatant".....

EDIT: the joke seems to have flown over everyone's head. And I tried so hard to avoid all subtlety. C'est la vie.
http://www.itulip.com/forums/showthr...0914#post20914
http://www.itulip.com/forums/showthr...1261#post21261

[Andreuccio]

Re: Banking Restrictions - Examples -

You've never lived under a real repressive regime, so you have no right to complain.


Go live under Karimov and then come here and give us an update

Clearly not as repressive here as other places, yet. But there are many signs that we may be headed that way. So not only do we have a right to complain, I'd say it's our patriotic duty!

[jk]

Re: Banking Restrictions - Examples -

You've never lived under a real repressive regime, so you have no right to complain.


Go live under Karimov and then come here and give us an update

eternal vigilance, spartacus. do we have to wait for it to get as bad as [fill-in-your-favorite-despotism] before we notice or do our best to oppose absolutist tendencies? it seems to me that by that time it might be too late.

[jacobdcoates]

Re: Banking Restrictions - Examples -

i'll take as much of my money out of the bank whenever i want. screw the feds. it's my money. period. there is no law against taking your money out of the bank. i can't understand all this hand wringing. really. what the fuck?

I never said you couldn't metalman only that it may be reported when you do, rightly or wrongly. I am not saying that it is a good thing, just that it is the way things are currently. The 10k hard reporting limit and the suspicious activities reporting came about because of the "war" on drugs and Organized Crime.

In my opinion the war on drugs has done more damage to our liberty, than whatever the current administration could hope for using terrorism.

[jacobdcoates]

Re: Banking Restrictions - Examples -

whenever a politician says we have to "(insert) for the children", I have a knee jerk reaction. 1) Say "THAT DAMNED LIAR" and 2) immediately begin wondering what liberty they will still from me next.

[Guest]

Re: Banking Restrictions - Examples -

JK -

Absolutely correct JK - only make sure the people you congregate with "at the barricades" demonstrate their objective vision by being concerned about all the critical issues, not just those that are bedecked with streamers and crimson on the bandwagon. I'm with you guys on this cause, but with some really persistent reservations.

It appears some equally critical issues seem destined to become orphaned by the mindset which regards approaching US authoritarianism as a trend that emerged without a trigger. Spartacus, are you on board with this, or are all political developments in America something which has been born spontaneously inside a North American cocoon for you?

eternal vigilance, spartacus. do we have to wait for it to get as bad as [fill-in-your-favorite-despotism] before we notice or do our best to oppose absolutist tendencies? it seems to me that by that time it might be too late.

[jk]

Re: Banking Restrictions - Examples -

lukester, i don't conceive of myself as at any barricades. my image is closer to a picture of a small rodent-like mammal looking to survive while the soon-to-be-extinct giant saurians battle, unaware of the approaching comet that is about to transform the ecology.

[Andreuccio]

Re: Banking Restrictions - Examples -

lukester, i don't conceive of myself as at any barricades. my image is closer to a picture of a small rodent-like mammal looking to survive while the soon-to-be-extinct giant saurians battle, unaware of the approaching comet that is about to transform the ecology.

I don't know. I think we'd be more likely to survive this time if we were cockroaches.