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Bank secrecy act

PostPosted: Fri Apr 27, 2012 5:03 pm
by moparal7

Re: Bank secrecy act

PostPosted: Sun Apr 29, 2012 5:59 pm
by John_doe
I come from the "never bite the hand that feeds you" school of thought, but hey what do I know?

Re: Bank secrecy act

PostPosted: Sun Apr 29, 2012 6:13 pm
by John_doe
the real reason why smaller farms are attacked, is the innability for the larger farms to compete. smaller farms produce better products at cheaper prices, hence why the small farmer is under attack. its a chain reaction war on free markets and competition.


the "too big to fail" philosophy holds true in most walks of life.

Re: Bank secrecy act

PostPosted: Sun Apr 29, 2012 10:44 pm
by Tourney64
Banks are instructed to report suspicious activity reports and transactions of $10,000 or more to the Feds and structuring (depositing multiple transactions to get under $10,000 limit) is a suspicious activty that is supossed to be reported. There has been an increased push on bank reporting since 911. What I don't understand is if everything has been investigated they should not have withheld the money. Yes, there has been a big push by BHO to control, energy, healthcare, food, banking, and education. If he controls all those things then he controls everyone.

Re: Bank secrecy act

PostPosted: Mon Apr 30, 2012 1:39 pm
by Hawkeye
That's what scares me about banks. When it comes right down to it, the money in your account is really little more than a number on a piece of paper/ computer screen. That doesn't seem to bother most people, but I can't help feeling a little paranoid about the whole thing. If the government wants to seize it for whatever reason, good luck getting it back.

Re: Bank secrecy act

PostPosted: Mon Apr 30, 2012 2:30 pm
by Engineer
This is what the war on drugs has gotten us. Any federal agency can seize your funds. If you drive through TN, state patrolmen are waiting by the side of the road to seize your cash, and your local PD is absolutely giddy to seize your truck for their personal use. I'm sure they'd be delighted to seize your Wilson 1911 as well...all they need is an excuse.

And the public cheers them on. :(

Re: Bank secrecy act

PostPosted: Mon Apr 30, 2012 9:48 pm
by Hawkeye
Engineer wrote:This is what the war on drugs has gotten us. Any federal agency can seize your funds. If you drive through TN, state patrolmen are waiting by the side of the road to seize your cash, and your local PD is absolutely giddy to seize your truck for their personal use. :(


My wife is from Kentucky and my sister lives just across the border in Tennessee. Whenever we visit, I always take a decent amount of cash to hit all of the pawn shops around my in-laws' area. I have started leaving the cash in KY whenever I visit my sister because of hearing the horror stories. It's ridiculous.