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Article #5Re: IS THE GOV. OUTLAWING CASH? Startling FDIC proposed regulation . . .
From: QBert&Ernie
Date: Sat, 12 Dec 1998 00:00
Date: Sat, 12 Dec 1998 00:00
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2478 bytes
If this isn't BS then it still wont stand the legal challenges that are bound to slam it! Trippen Johnson wrote: > I'm not the type of individual who normally posts off topic messages > > HOWEVER this is an exception as I believe that "everyone" needs to here this. > > We've all herd of Debit Cards and most of us are familiar with the option > of Direct Deposit rather than traditional pay checks and payments. However > a new FDIC regulation is poised to take the freedom of choice out of these > tools. Further the regulation is anticipated by some banking officials to > outlaw the use of cash for personal and business transactions over $100. > > Personally I don't want anyone telling me it's illegal to give my nephews > more than $99.00 cash for a B-day present. This strikes me as a matter > that should be left entirely up to the individual, - NO ONE SHOULD BE > FORCED TO USE ELECTRONIC CURRENCY AT A FEE!! > > On 12/27/98 the regulation will come before the US Legislature for > approval. Please submit your discontent to this tyranny in wrighting before > the date above. > > Fore more complete information on the proposed regulation and information > on how to oppose it visit: > > http://u-n.hypermart.net/entry.htm
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