From Joseph Salerno atĀ LewRockwell.com:Ā With the passage of House Bill 195 into law, the State of Louisiana hasbanned the use of cash in all transactions involving second-hand goods. State representative Ricky Hardy, a co-author of the bill, claims that the bill targets criminals who traffic in stolen goods. According to Hardy, āItās a mechanism to be used so the police department has something to go on and have a lead.ā The bill prohibits cash transactions by āsecond-hand dealers,ā defined to include garage sales, flea markets, resellers of specialty items, and even non-profit resellers like Goodwill. Curiously, it specifically exempts pawnbrokers from the ban. But of course, pawn shops ā and not rented stalls at local church flea markets ā are notorious as places that criminals frequent to convert stolen goods into quick cash. So what gives? Are the authors of the bill and those who voted for it ignoramuses ā or are they deliberately obscuring the real purpose of the bill? The answer is clear once we examine the other provisions of the bill. The bill goes far beyond banning cash transactions. As lawyer Thad Ackel notes, the bill requires:
ā¦ second-hand dealers to turn over a valuable business asset, namely, their businessā proprietary client information. For every transaction, a second-hand dealer must obtain the sellerās personal information such as their name, address, driverās license number, and the license plate number of the vehicle in which the goods were delivered.
They must also make a detailed description of the item(s) purchased and submit this with the personal identification information of every transaction to the local policing authorities through electronic daily reports.
If a seller cannot or refuses to produce to the second-hand dealer any of the required forms of identification, the second-hand dealer is prohibited from completing the transaction.
So the aim of the bill is not to aid law enforcement in apprehending criminals, none of whom would be ever stupid enough to turn over such information. The real intent is to feed governmentās insatiable hunger for tax revenues by completely stripping law-abiding citizens of financial privacy in second-hand transactions, every detail of which is fed directly into police files. This troubling development in Louisiana parallels the intensification of the war on cash by the Federal government. Last month, it was reported that the U.S. Justice Department ordered bank employees to snitch to the cops on customers who withdrew $5,000 or more. In a speech, assistant attorney general Leslie Caldwell exhorted banks to āalert law enforcement authorities about the problemā so that police can āseize the fundsā or at least āinitiate an investigation.āĀ HaTTiP
