(no subject)

Date: 2011-10-21 05:48 pm (UTC)
From: [identity profile] kierthos.livejournal.com
Yeah, I don't see that one lasting for too fucking long.

(no subject)

Date: 2011-10-21 06:17 pm (UTC)
From: [identity profile] juliansinger.livejournal.com
And yet pawn shops can still deal in cash?

Wow, that's the worst thought out bill /ever/.

(no subject)

Date: 2011-10-21 06:24 pm (UTC)
ashbet: (XsForEyes)
From: [personal profile] ashbet
Wow, that's . . . staggering. I seriously hope it gets overturned soon -- that's a HUGE impingement on economic freedom.

Wonder if it bans garage sales, too?

-- A :/

(no subject)

Date: 2011-10-21 06:25 pm (UTC)
From: [identity profile] sandchigger.livejournal.com
It bans cash sales at garage sales. People can write you bad checks all day long though!

(no subject)

Date: 2011-10-21 06:24 pm (UTC)
From: [identity profile] sandchigger.livejournal.com
More importantly, how is this remotely enforceable? If I offer to sell my neighbor my used lawnmower for $20 because I got a new one and he doesn't narc on me then who's to know?

(no subject)

Date: 2011-10-21 06:41 pm (UTC)
From: [identity profile] metahacker.livejournal.com
The same way you're responsible for paying sales tax on that lawnmower, which no one does. (Assuming you don't live in a non-sales-tax state.)

This then becomes an excuse law, to harass whoever you want to get in trouble, or to hold over the head of businesses that don't care to enrich the credit card agencies (because, realistically, who's using checks much these days?).

(no subject)

Date: 2011-10-21 06:50 pm (UTC)
From: [identity profile] lafinjack.livejournal.com
"I think everyone in this business once they find out about it."

Did he a word?
(deleted comment)

(no subject)

Date: 2011-10-22 12:54 pm (UTC)
From: [identity profile] cleodhna.livejournal.com
Well its. Something he said has happened once in his eight years.

(no subject)

Date: 2011-10-21 08:30 pm (UTC)
From: [identity profile] peristaltor.livejournal.com
Not only is this unenforceable, it's illegal. Read any piece of US currency. Right there it says that cash is legal tender for all transactions public and private. "All" means all.

States have no right to usurp that.

(no subject)

Date: 2011-10-21 11:53 pm (UTC)
From: [identity profile] dglenn.livejournal.com
Er ... grey area there. First, it's not legal tender for "all transactions", but for "all debts", IIRC. A chain of furniture stores did away with cash transactions several years ago (to cut down on robberies) -- the legal/rationalization trick is this: if I offer something for sale, your paying for it before I hand it over is not payment of a debt.

OTOH, that same trick suggests a workaround here: have the vendors sell stuff for an IOU, then pay the IOU with "legal tender for at debts" cash!

(no subject)

Date: 2011-10-21 08:57 pm (UTC)
From: [identity profile] ianhess.livejournal.com
This is probably a tax collection effort aimed at one or a few someones.

(no subject)

Date: 2011-10-21 09:54 pm (UTC)
From: [identity profile] harald387.livejournal.com
In theory, it's an effort to make it harder to fence stolen property.

In practice... yeah. No.

(no subject)

Date: 2011-10-22 01:18 am (UTC)
From: [identity profile] mhoye.livejournal.com
If garage sales are illegal, then only criminals will have garage sales.

(no subject)

Date: 2011-10-21 09:32 pm (UTC)
From: [identity profile] laplor.livejournal.com
I told my hubby about this, and his thought was that their courts must be too quiet and they want to deal with a lot more cheque fraud cases.

(no subject)

Date: 2011-10-21 09:58 pm (UTC)
From: [identity profile] jaundicedaye.livejournal.com
Last I saw my money still said "Legal Tender For All Debts Public and Private". I would think the Federal Courts would kill it if no one else did.

(no subject)

Date: 2011-10-21 11:55 pm (UTC)
From: [identity profile] dglenn.livejournal.com
(See my comment above -- a sale is not a debt. But paying off an IOU would be.)

(no subject)

Date: 2011-10-21 11:59 pm (UTC)
From: [identity profile] errolwi.livejournal.com
You can discharge a debt with legal tender, but still break a law. Legal Tender is about discharging debt, and little else.

(no subject)

Date: 2011-10-22 01:17 am (UTC)
From: [identity profile] mhoye.livejournal.com
Why? Because fuck the poor, that's why.

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