Cash is king

Discussion in 'Financial Cents' started by oil pan 4, Sep 25, 2017.


  1. BTPost

    BTPost Stumpy Old Fart,Deadman Walking, Snow Monkey Moderator

    Remember that most of these “checks” will be delivered by Electronic Transfers, and NOT actual Paper Checks...Those can be delivered in 36 hours....
     
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  2. ghrit

    ghrit Bad company Administrator Founding Member

    I really would be curious as to the ratio between direct deposit and paper checks. BT, you might be right, but based on the locals I know, I'd say not all that many are electronic. These hillbillies, me included, like the feel of paper.
     
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  3. SB21

    SB21 Monkey+++

    I like the paper also. Back before this virus started getting bad. A friend called me one day and asked me what I was doing??? I said I'm converting plastic into cold hard cash. I figured the bank was holding to much of my money. Had to make a few more stash piles.
     
  4. oil pan 4

    oil pan 4 Monkey+++

    A few months ago the latest rat infested shipping container of "hurricane relief supplies" was found.
    I don't dare say its the last because there's probably still more.
    The great idea of hide the supplies to make trump look bad kind of blew up in their faces.
     
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  5. oil pan 4

    oil pan 4 Monkey+++

    A year later I hear more have been found. No surprise, obviously trumps fault.

    For your viewing pleasure.

    The main high lights:
    Not a bank.
    Had a "no questions asked", "No identity verification".
    You can remain completely anonymous.
    A little sketchy.
    Not DHS doing the raid. The conspiracy theory 10-15 years ago was that DSH was going to seize everyone's box in the event of a (fake) emergency, for reasons.
    The retarded DHS conspiracy goes something like a fake emergency will happen, idk, something like oh a plandemic, like we just had. Some how DHS is going to lock down all 5,000 banks, 6,000 credit unions (not counting non bank deposit box places like in the story) on top of doing all the shit they normally do, only allow people to remove ID papers and such, things that have little monetary value, no guns, no cash, no PM.
    Yeah the FBI agents living out their "heist movie" fantasy and grossly abusing their power was always a way more likely scenario.
     
    Last edited: Jul 26, 2021
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  6. oil pan 4

    oil pan 4 Monkey+++

    The plot thickens.
    The warrant says seize the building but leave the boxes alone.
    So the FBI raids the building, decides to open everyone's boxes going against the warrant, then keep what's in the boxes going against the warrant and 4th ammendment. A federal judge straightens them out.

    People ask "what am I being charged with"? The authorities response "we will know after we conduct this illegal search and seizure".
     
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  7. oil pan 4

    oil pan 4 Monkey+++

    Still going on.
    If you put a rubber band around rolls of cash then that means you are a money launder or drug dealer or both, because the FBI agent saw it in a movie and reasons.
    No one has been charged. The FBI says the vault company was conspiring to break the law with unnamed, unknown, perhaps completely imaginary perps. The FBI doesn't appear to be any closer to figuring out who the bad guys are.
    All the FBI had to do to find the real criminals was go in the bathroom and look in the mirror.
     
    Last edited: Aug 15, 2022
    mechstdr likes this.
  8. oil pan 4

    oil pan 4 Monkey+++

    Still going on.

    Internal FBI documents show the FBI was planning to seize everyones deposit boxes, use civil asset forfeiture to keep everything they find and likey not charge anyone with anything.
    This was definitely a test case, to use a warrant to get on a person's property then use civil asset forfeiture to seize anything you have worth more than $5,000 even if it's unrelated to the warrant. The fact this happened to be safe deposit boxes ultimately is irrelevant.
    Where this was going is some random FBI asshoe could use a "confidential informant" to make up a BS warrant saying they are looking for drugs, classified papers, illegal immigrants, alien space craft, ect then when they get their foot in the door and don't find anything they will still use civil asset forfeiture to seize anything of value. Say it be your cash, tractor, pickup truck, gold/silver, RV, welding rig, tractor trailer, saw mill, stump grinder, farm equipment, guns. Even go after your kids or business partners items that happens to be located on your property. Maybe even your house too, hell at that point I would be surprised if they didn't take your house.
    I think this was an attempt to further weaponize the FBI to go after political opposition.
     
    Last edited: Aug 16, 2022
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  9. CraftyMofo

    CraftyMofo Monkey+++

    Was talking to a buddy who went to a major league baseball game recently. No cash accepted anywhere at the ballpark!
     
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  10. oil pan 4

    oil pan 4 Monkey+++

    Or this could happen.
    wells.
     
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  11. arleigh

    arleigh Goophy monkey

    Look up Fed Now.
    It is a program like pay pal supposedly all transactions must be funneled through.
     
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  12. oil pan 4

    oil pan 4 Monkey+++

    img_1_1699364212829.
     
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  13. DKR

    DKR Raconteur of the first stripe

    You might enjoy this movie

    Dragon Day.

    very low budget with horrible acting, but it is disaster porn writ large - all about the banking crash.
     
  14. Gator 45/70

    Gator 45/70 Monkey+++

    I'm working an estate sale today, as usual cash comes out of many hiding places on the human body an apparel.
    Learned that working Bingo in the Jaycees
     
    SB21 likes this.
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