Zone1 Another brick in the wall, reporting financial transacrions

[the watcher]

mandatory reporting cash transactions dropped from $10,000 to $200. I assume this won't adversely affect lawmakers, as their transactions are perfectly legal and convoluted. Headed to that digital pocketbook? Taking $200 out of an ATM should not trigger federal financial surveillance

 

[JGalt]

mandatory reporting cash transactions dropped from $10,000 to $200. I assume this won't adversely affect lawmakers, as their transactions are perfectly legal and convoluted. Headed to that digital pocketbook? Taking $200 out of an ATM should not trigger federal financial surveillance

At least it's only 30 ZIP codes across California and Texas near the southwest border. I see this as a good move to intercept cartel money, as long as the Treasury Department doesn't expand those locations.

Now how about the IRS dropping that crappy $600 cap on payment processors? Retired people shouldn't have to file a 1099k for selling some of their things on Ebay.

 

[the watcher]

Yeah, illegals immigration is a harmless condition. Two-Thirds of Americans Live in the “Constitution-Free Zone” - YES! Magazine Solutions Journalism

 

[pknopp]

And then you fire those who are in charge of being over all of this and what is the point?

 

[Darkwind]

It is good to fire those whose job is to interfere with citizens' daily monetary transactions because they are guilty until proven innocent.

This country has to stop assuming nefarious intent from ordinary citizens' banking activities and start examining the bureaucracy and its prominent racketeering activities.

 

[the watcher]

And then you fire those who are in charge of being over all of this and what is the point?

The point is that those in charge are allowing this to happen.

 

[pknopp]

The point is that those in charge are allowing this to happen.

Allowing what? People freely spending their money?

 

[the watcher]

The government tracking every private transaction. The people aren't allowed to track the government's transactions, do you not see a problem?

 

[westwall]

mandatory reporting cash transactions dropped from $10,000 to $200. I assume this won't adversely affect lawmakers, as their transactions are perfectly legal and convoluted. Headed to that digital pocketbook? Taking $200 out of an ATM should not trigger federal financial surveillance

They also tend to use gold bars, apparently.

 

[1srelluc]

It is good to fire those whose job is to interfere with citizens' daily monetary transactions because they are guilty until proven innocent.

This country has to stop assuming nefarious intent from ordinary citizens' banking activities and start examining the bureaucracy and its prominent racketeering activities.

Start with congress.....It's a festering den of RICO activity.