As Darryl already pointed out, this is likely to be illegal at the Federal level. However, I'm not absolutely certain that it will be found so - they're not refusing to accept US$ for sales, just changing the format of those dollars. Yes, it does strike me as ironic that this would be post-Katrina Louisiana, but it also speaks to a very long and colorful political history in that area. Many people in Louisiana still remember Huey P. Long (depression-era governor). They also remember the New Orleans bankers who intentionally breached levies south of New Orleans - officially to prevent NO from flooding, but it seems to me to have been intended to prevent common people (hunters/trappers, in particular) from becoming and remaining too affluent - during the flood of 1927. And they recognize that politicians tend to lie to the voters in order to win elections. The end result is that people in that part of the country tend to not take politicians (or legalities) too seriously - they recognize it as the 'bread and circus' that it generally is, with a stint in the state penitentiary for those unlucky enough to get caught.

Barry




On Oct 21, 2011, at 1:28 PM, D and N wrote:

It also sounds like a way to wipe out more poor people, or get them into those profitable prisons. The underground economy of second hand goods grows as mainstream economy tanks. Tracking people dodging financial obligations to credit card/banks or other collectors, or nailing those with meager disposable assets who may be in receipt of social services, designed to get easier and more rewarding in terms of numbers caught around the dates that the rent is due. This law will mostly fail, like Florida's idiotic efforts to find welfare fraud. It will only serve to push the underground economy further under.

Apart from the continuing war against the poor, this smacks of conditioning towards isolationist internal economy. The fact that it happened in the state still reeling from Katrina is particularly loathsome, like going back to chopping off hands for stealing bread.

Natalia

On 10/21/2011 8:38 AM, D and N wrote:
Surely that has to be illegal. Not allowing "coin of the realm" for purchase of anything one wants to buy? Although I understand this is a way to capitalize on the tracking of purchases for the purpose of taxation, but it sounds more like a banking scam to create the debit card revenue stream.

Darryl

On 10/20/2011 9:35 PM, Mike Spencer wrote:
http://www.klfy.com/story/15717759/second-hand-dealer-law

"Cold hard cash. It's good everywhere you go, right? You can use it to pay for anything. But that's not the case here in Louisiana now. It's a law that was passed during this year's busy legislative session. House bill 195 basically says those who buy and sell second hand goods cannot use cash to make those transactions, and it flew so far under
   the radar most businesses don't even know about it."


- Mike

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