Never Drive While In Possession Of Cash - Page 2 - Chevelle Tech
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post #16 of 30 (permalink) Old Feb 9th, 19, 3:48 PM
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Re: Never Drive While In Possession Of Cash

Minnesota has one of the better (more restrictive to the "state") CF laws in the nation. Unfortunately, the reason we have the current law is that the now-defunct Metro Gang Strike Force ran absolutely wild, seizing everything from anybody they could lay their hands on under the old law.

Whereas, most of the ill-gotten gains were seized from disreputable people, some semi-innocent citizens did get caught up in the fracas. Most of the seizures would have been fine with a little oversight (aka supervision) of the strike force, but that didn't happen.

Watch for the People's Republic of (communist) China to be the first nation of outlaw cash money all together.

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post #17 of 30 (permalink) Old Feb 9th, 19, 4:04 PM
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Re: Never Drive While In Possession Of Cash

professional gamblers ( legal casino types) carry lots of cash. The pay offs are in cash, its a casino, not a bank.

I have brought home a couple thousand in winnings, anything over $1200 and they do the tax work right there and take the federal part and give you a W form to take home.

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post #18 of 30 (permalink) Old Feb 9th, 19, 4:55 PM
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Re: Never Drive While In Possession Of Cash

Everything looks like a nail to a hammer.
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If a government spent $30bn to find better uses for carrots, there would be carrot appreciation societies, carrot conventions, 400 patents on carrot-based wing-nuts, tents, and textiles, and 4000 peer-reviewed references on worrying declines in carrot hue, nutrients, fertility and genetic diversity, not to mention gender inequality in dietary carrot content
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post #19 of 30 (permalink) Old Feb 9th, 19, 6:20 PM
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Re: Never Drive While In Possession Of Cash

Quote:
Originally Posted by NickeyChevelle View Post
Minnesota has one of the better (more restrictive to the "state") CF laws in the nation. Unfortunately, the reason we have the current law is that the now-defunct Metro Gang Strike Force ran absolutely wild, seizing everything from anybody they could lay their hands on under the old law.

Whereas, most of the ill-gotten gains were seized from disreputable people, some semi-innocent citizens did get caught up in the fracas. Most of the seizures would have been fine with a little oversight (aka supervision) of the strike force, but that didn't happen.

Watch for the People's Republic of (communist) China to be the first nation of outlaw cash money all together.
Actually that is already happening here in the USA. "legal tender for all debts public and private" my ass.
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post #20 of 30 (permalink) Old Feb 9th, 19, 9:34 PM
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Re: Never Drive While In Possession Of Cash

Last year I carried over $20K in my pocket to drive five hours to buy a Dodge Challenger from a dealer in Ohio. I also believe the government doesn't need to know what I spend my money on. To my surprise, last month I got a letter from the dealer. An IRS form 8300 "Report of cash payments over $10,000 received in a trade or business" Ain't that a bitch?
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post #21 of 30 (permalink) Old Feb 9th, 19, 10:02 PM
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Quote:
Originally Posted by surmin69 View Post
Republican or democrat, far left, far right, government in this country is a cesspool of human life.
HEAR YE! HEAR YE!

Amen brother. FIDUCIARIES TO THE PUBLIC TRUST is who we need to recruit and vote in. PUCK party. It gets in the way of FPT, big time. ( 'tis hockey season, eh?! )

Its gettin' like Soddom and Gamorrah man..... find me one.....

AND THEY RECITE GENERAL WASHINGTON"S FAREWELL ADDRESS EVERY YEAR LIKE A SLAP IN THE FACE TO HIM AND AND ALL OF WE> makes we want to bear....but i;d rather push for FPT's first. Puck Party . Unparty this biotch, its like a cancer eating our Republic from the insides..... Unarse party.......and "ideology" other than the classical liberalism espoused in our charter Constitution... and we may get to live the dream....at least better....for all of WE THE PEOPLE.


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post #22 of 30 (permalink) Old Feb 11th, 19, 2:45 PM
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Re: Never Drive While In Possession Of Cash

CHEVYCOLLECTOR wrote ;"To my surprise, last month I got a letter from the dealer. An IRS form 8300 "Report of cash payments over $10,000 received in a trade or business".
***************************************

YEP...Anything over $9,999.00 in cash will be reported if you deal with a business or bank. Banks are supposed to report any deposit or withdrawal of CASH $10K or more; Bought some silver/gold years ago and was told "any cash transaction over $10K will be reported, BUT I could buy it in separate lots of less than 9,900 and be fine.

I've heard about these confiscation "laws"; I routinely drive around with enough to act fast on a $5-7K car deal; In all the times I have been pulled over, I was never asked if I had any large amounts of cash, however..they can be *******s and thieves if they want to. But there are plenty of places to hide cash in a car.

The "gubment'...especially the F'n Democrats, cannot take enough of your money; there are too many needy illegal/welfare mouths to feed, and give free everything.

Bob
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post #23 of 30 (permalink) Old Feb 11th, 19, 3:05 PM
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Re: Never Drive While In Possession Of Cash

I take serious issues with these type laws. I actually kept a few "large" withdraw receipts from over the past few years and will "use" them if necessary if some LEO tried pulling some BS like this.
And I would make sure all the numbers "match"
Screw that law!!


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post #24 of 30 (permalink) Old Feb 11th, 19, 4:41 PM
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Re: Never Drive While In Possession Of Cash

Quote:
Originally Posted by 540 Olds View Post
Bought some silver/gold years ago and was told "any cash transaction over $10K will be reported, BUT I could buy it in separate lots of less than 9,900 and be fine.

I've heard about these confiscation "laws"; I routinely drive around with enough to act fast on a $5-7K car deal; In all the times I have been pulled over, I was never asked if I had any large amounts of cash
There is a seperate charge of "structuring" that can apply to a series of transactions that are below the reportable limit or intended to cicumvent the reporting rules. One transaction will not likely raise any eyebrows but if you have them routinely, there is another federal charge that can be levied.

At times I have carried a great deal of cash and never worried about my money being confiscated. A large part of not worrying was due to niavete on my part. However, police officers are trained to "profile" people and make judgments about their criminality. If someone fits a certain profile, they are more at risk for CF.

If a government spent $30bn to find better uses for carrots, there would be carrot appreciation societies, carrot conventions, 400 patents on carrot-based wing-nuts, tents, and textiles, and 4000 peer-reviewed references on worrying declines in carrot hue, nutrients, fertility and genetic diversity, not to mention gender inequality in dietary carrot content
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post #25 of 30 (permalink) Old Feb 11th, 19, 5:46 PM
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Re: Never Drive While In Possession Of Cash

I bought a house recently for 50K and took cash, a couple hour drive.
I was not worried.

There is a June Tax sale here in Oklahoma and all counties have it, if there are properties to sell.

Now I know they did not take visa and I was thinking it was a cash only sale. I always took cash.
As do many friends that buy properties at the sale.

Oklahoma county is huge and there are a couple of high rollers that carry in excess of 2 million cash on them.
There are armed sheriff deputies within sight.

So yes on your way to buy a house or 10.
I deal a lot in cash.

I am no drug dealer either.
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post #26 of 30 (permalink) Old Feb 14th, 19, 10:45 PM
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Re: Never Drive While In Possession Of Cash

Years ago, Volusia County in Florida set up a cash trap. One black couple who had their house damaged by hurricane Andrew in 1992 in Miami found it almost impossible to buy sheet rock in Dade County. They set out for North Carolina with $12,000 in cash to buy sheet rock near Charlotte. Sheriff Vogelís deputies stopped their vehicle in Volusia County (Daytona Beach), found the cash & confiscated it. No probable cause, no evidence whatsoever but they said it was drug money. Fortunately someone found out about it and helped them with legal representation. 2 years later they got their money back. That sheriff was a real pile of crap. At one point on I-95, he put up a sign saying there was a drug checkpoint ahead. He had his deputies watch for cars doing a U-turn and proceeded in taking their cars apart. Result was only a small percentage of them had anything.
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post #27 of 30 (permalink) Old Feb 16th, 19, 11:32 AM
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Re: Never Drive While In Possession Of Cash

Thank you Dean for that great video. I did not know that. Now please do one on the insurance companies and the the collusion between governments and the wrecking and towing car industry. What an interesting thing it is to find out the insurance companies know exactly what it costs to keep your car in a storage location from Friday to Monday.
Accident on Friday equals guaranteed income. You'd think the insurance companies would see some shanagans going on. The highway patrolman knew exactly who to call.

I would suggest that if there is a cash transaction of that size that you both meet at the Bank. Just carry a hundred as good faith.

Carrying large sums of cash is probably unavoidable at times. I would keep it out of view. Keep it in the car under lock and key. Not worth getting murdered over. There are some very desparate character's out there.

Lou
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post #28 of 30 (permalink) Old Feb 16th, 19, 12:34 PM
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Re: Never Drive While In Possession Of Cash

These laws were enacted in the 80s under the guise of seizing assets from drug lords. We were told that the government would be able to take the stuff that was bought with drug money, things like million dollar offshore racing boats, their Maserati's and Lamborghinis, their multi-million dollar mansions, etc. That was when TV shows like Miami Vice were popular and people really believed the drug lords were living a life of luxury in south Florida. Taking stuff that was bought with drug money sounded like a good idea, but here is what really happened: Some kid borrows his grandmother's beat up old Chevy and gets caught smoking weed in it, so the cops seize grandma's car and she never gets it back. Even if there were drug lord millionaires living in this country, they simply sold everything and moved their assets offshore. As is almost always the case, the laws never delivered what was promised.

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post #29 of 30 (permalink) Old Feb 19th, 19, 2:22 PM
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Re: Never Drive While In Possession Of Cash

Fine example of why there is so many people doing police audits now a days across the country. Always record your interactions with Government officials and never consent to anything else other than a terry pat down.

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post #30 of 30 (permalink) Old Feb 19th, 19, 3:16 PM
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Re: Never Drive While In Possession Of Cash

Legalize drugs. Get the cops out of the drug business..along with the dealers, the DEA, etc.

Too much money involved..did we learn nothing from prohibition and 50 years of the "War on Drugs?"

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