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Louisiana Bans Cash Transactions For Secondhand Dealers - 10/14/11

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limitgov Posted: Fri, Oct 14 2011 8:27 AM

http://ackelandassociates.com/cash-transactions-banned-by-louisiana/

The only thing more bizarre than this law, is the fact that big media ignored the story.

 

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.

 

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packman replied on Fri, Oct 14 2011 9:12 AM

Wow.

So apparently Louisiana figured that when the federal government put "THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE" right on the face of its bills, that it was just kidding.

Can't see how this would possibly hold up under supreme court scrutiny.

 

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limitgov replied on Fri, Oct 14 2011 11:35 AM

"So apparently Louisiana figured that when the federal government put "THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE" right on the face of its bills, that it was just kidding."

 

that is a very good point.  I'm going to email the Louisiana state legislature and ask them.

weblegis@legis.state.la.us

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John James replied on Fri, Oct 14 2011 12:40 PM

That's just the email for the webmaster.  You might try specific legislators...

http://www.legis.state.la.us/contact.htm

 

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The fines associates with not following this law are rediculous, and one could also face jail time if they don't keep, gather  and transmit their clients personal information to the local police.  Also, not having a seller sign a affidavit stating that they own the second hand good and requiriing that they submit their personal information is prima facie evidence that one is purchasing a stolen good.  This law is going to make criminals out of ordinary people that never would consider themselves a secondhand dealer.

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Clayton replied on Fri, Oct 14 2011 1:30 PM

Pilot program for the New World Order.

Here's a preview of what's ahead in the next few years:

(Interpretive note: We (average folks) are the sacrificial woman...)

Clayton -

http://voluntaryistreader.wordpress.com
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On the Mises Blog today...

Flea markets, Goodwill, and other second-hand shops in Louisiana are in shock at an unnoticed law just passed by the legislature that actually dares to ban cash transactions. Does it apply to garage sales too (for some reason, pawn shops are exempt, apparently)? The “informal sector” of Louisiana just exploded in size.

 

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limitgov replied on Fri, Oct 21 2011 7:54 AM

I believe this is one of those unjust laws in which, it is your duty as a citizen to ignore.

I believe it is everyone's duty, if they do not want to live in tyranny, to ignore unjust laws.

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Retired replied on Thu, Oct 27 2011 2:57 PM

At first the subject law made no sense.  Having had, however, items stolen from my property, probably to be sold for drug money, I believe the law has significant merit.

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I know people who have been killed in car accidents, probably for bad driving.  Therefore a law against driving cars has significant merit.

 

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Jargon replied on Thu, Oct 27 2011 3:22 PM

end cash. end anonymous purchasing. up with the bankers money. theyre going to inadvertently bring agora upon themselves.

Land & Liberty

The Anarch is to the Anarchist what the Monarch is to the Monarchist. -Ernst J√ľnger

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