Insane Ban on Cash Transactions in Louisiana

October 13th, 2011

Via: Ackel and Associates:

This summer, the State Legislature and Governor of Louisiana passed a law that bans individuals and businesses from transacting in cash if they are considered a “secondhand dealer”. House Bill 195 of the 2011 Regular Session (Act 389) broadly defines a secondhand dealer to include “… Anyone, other than a non-profit entity, who buys, sells, trades in or otherwise acquires or disposes of junk or used or secondhand property more frequently than once per month from any other person, other than a non-profit entity, shall be deemed as being in the business of a secondhand dealer. ” The law then states that “A secondhand dealer shall not enter into any cash transactions in payment for the purchase of junk or used or secondhand property. Payment shall be made in the form of check, electronic transfers, or money order issued to the seller of the junk or used or secondhand property…” The broad scope of this definition can essentially encompass everyone; from your local flea market vendors and buyers to a housewife purchasing goods on ebay or craigslist, to a group of guys trading baseball cards, they could all be considered secondhand dealers. Lawmakers in Louisiana have effectively banned its citizens from freely using United States legal tender.

2 Responses to “Insane Ban on Cash Transactions in Louisiana”

  1. neologiste says:

    hints that the gov’t is willing to act on their fear of the barter system as it begins to rise in popularity…

    cash is practically barter these days, as it cuts out the middle man leech/surveillance in the same way that direct exchange of goods does. if the bank isn’t getting usage fees or income tax or creating a record of transactions upon which to later demand a fee or track your movements and activities (for MAIN CORE et al), then that kind of exchange can’t be allowed.

    i would lose my sh*t if i lived in LA right now. or just move, i guess.

  2. Bigelow says:

    “We are going to have a war on terror which you can never win, and so you can always keep taking people’s liberties away. The media is going to convince everybody that the war on terror is real. The ultimate goal is to get everybody in the world chipped with an RFID chip, and have all money be on the chips, and if anyone wants to protest what we do, we turn off the chip.”
    –Nicholas Rockefeller to producer Aaron Russo (America: From Freedom to Fascism) eleven months before the 9/11 World Trade Center attacks

Leave a Reply

You must be logged in to post a comment.