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Politics : THE WHITE HOUSE -- Ignore unavailable to you. Want to Upgrade?

To: Sedohr Nod who wrote (6135)	7/9/2007 3:50:44 PM
From: DuckTapeSunroof	Respond to of 25737

"There is a bit of a difference between financial institutions reporting requirements and the amount of cash in your pocket that will trigger the police flipping you upside down and shaking it all out for their benefit..." True. The Treasury form is required to be filled out when going through customs (at airports an such...), but the separate requirements on banks, mortgage lenders, auto dealers, boat dealers, stock brokers, etc., to report cash transactions to the government are an even larger governmental intrusion, IMO.... (But, including the perverse incentive of SHARING SEIZED ASSETS with whatever agency seizes them --- instead of just putting them in the general treasury, and REVERSING THE TRADITIONAL ANERICAN 'PRESUMPTION OF INNOCENCE' WITH RESPECT TO 'PROPERTY CRIMES' (as if 'property' could get up and commit crimes all on it's lonesome!) are, I believe, the GREATEST TOTALITARIAN ENCROACHMENTS on American's liberties since the founding of our nation....) "Not sure the main intent of those reporting requirements were to scare folks out of carrying cash, even if that is the way it worked out." (Add the legal changes we have been discussing in to the government's continued attacks on e-Gold, and similar private value stores, and I have no more doubts that that is exactly the government's purpose: an Authoritarian State, easily controlled.)