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Bedford Ramblings
Steve Mills

Could this come to Tennessee? Should it?

Posted Friday, October 21, 2011, at 10:12 AM
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  • The lawmakers in LA. must have drank too much Bayou water!!! Don't they have better things to vote on.

    Hopefully, Tn. Lawmakers have better sense than this. This would hurt flea-marketers, yard-salers and Recyclers at a time when we seriously need to recycle, reuse and reduce to help save our PLANET!!!

    -- Posted by ckna910 on Fri, Oct 21, 2011, at 11:26 AM
  • I don't think its legal to ban the use of cash. All paper money says it is legal tender for all debts, public and private.

    -- Posted by quietmike on Fri, Oct 21, 2011, at 12:24 PM
  • This would just stimulate people's creativity.

    There would be more barter and an increase in the number of check-cashing and ATM opportunities.

    There are precedents for refusing some forms of legal tender as appropriate forms of payment in a given circumstances.

    Cash transactions have been disallowed in other instances (as have checks,money orders and 'plastic').

    People have even gotten on the bad side of the courts for trying to pay off debts with coins.

    (For some strange reason,offering up support or suit payments in unrolled pennies can be interpreted as refusal to pay or contempt of court.)

    -- Posted by quantumcat on Fri, Oct 21, 2011, at 1:55 PM
  • I see some of their reasoning in trying to stem the flow of stolen property, but this has way too much room for abuse.

    The suspicious side of me is that they are trying to find a way to increase their sales tax. (They earned my skepticism and work hard to maintain it)

    -- Posted by stevemills on Fri, Oct 21, 2011, at 4:03 PM
  • quietmike,

    your are right, but since when has that mattered to LA. When goods were delivered after Katrina, they were on E-Bay by the time our trucks were out of sight.

    -- Posted by Wolf Clan on Fri, Oct 21, 2011, at 5:55 PM
  • Steve, I think that your second paragraph is closer to the truth.

    -- Posted by Tyger on Fri, Oct 21, 2011, at 8:46 PM
  • The way I see it , it is to discourage the "resale" of items. With the economy dropping like it has people have had to become more cost aware. They are more likely to buy used items, this is taking a bite out of the companies that produce the more expensive "new" stuff. Just one more way to kick the little guy. That single Mom who sells her used baby stuff more than once every month is a real threat now isn't she? Wouldn't want risk a stolen bootie getting over looked. Better not sell your produce at the road side family stand might not keep good enough records. Come on folks, you know if it works there it's going to spread!!! For every used item sold their is one item not making a profit for big business - there is one item out of their control.

    -- Posted by wonderwhy on Fri, Oct 21, 2011, at 10:50 PM
  • Since government passed this I doubt it is to protect the profits of "big business". Instead it is likely to protect the states revenue from sales tax that goes uncollected.

    -- Posted by quietmike on Sat, Oct 22, 2011, at 3:32 AM
  • wonderwhy, now I know for sure you drink the Kool-Aid (http://www.playdoughrecipe.org/wp-content/uploads/2010/05/kool-aid-playdough-recipe.jpg). That's some conspiracy theory you got there. Almost as good as the stuff a certain unique person offers up.

    Now, before you get your knickers in a bunch, just some good natured ribbing. :)

    -- Posted by Midnight Rider on Sat, Oct 22, 2011, at 10:48 AM
  • My knickers are just fine, I was blowing it out of proportion intentionally with the booties thing. I do think though that it is going extremely far. The way I read the bill it is so vague they could get some loon in there that would be wonkers enough to push it to that pettiness. These days the government is - both sides - capable of anything, and it is bills like this that just reinforce the lengths they will go to squeeze another penny out of the little guy, after all the rich aren't likely to be effected much since they do not have to economize with second hand items.

    Oh and as for the play-dough stuff, I told the grand kids I would look that up, thanks for reminding me and doing so. Really I did tell them I would a few weeks ago. LOL Oh only the first part of your reference worked.

    -- Posted by wonderwhy on Sat, Oct 22, 2011, at 3:47 PM
  • If the bill passes, there are so many ways to circumvent this. And, it is easy to see that the pawn shops were involved, now they can offer the lowest price for the item and get the highest back for it because all of their competition is now all but disappeared.

    -- Posted by Evil Monkey on Sat, Oct 22, 2011, at 5:20 PM
  • Evil Monkey, they already passed it. My guess the other states who want to gouge the lower income levels will be watching very close to see how it works out. If the republicans take the White House again we can be assured there will be many more bills like this one they passed that will pick what ever pennies the 99% have left to pick.

    Unique you brought up an interesting point, there are a lot of people who do not have bank accounts. Lately there are a lot of people who are very unhappy with the banking system, many are pulling out of them. I know we dropped our "big" bank (Bank of America)and went completely with the local credit union, with hopes of converting to cash as much as possible. The bill that passed would make it almost mandatory to belong to a bank of some sort.

    -- Posted by wonderwhy on Sun, Oct 23, 2011, at 10:17 AM
  • wonderwhy,

    I was referring to the fact if this were to be passed in Tennessee. It is a ridiculous bill that should be against the civil liberties and double taxation.

    -- Posted by Evil Monkey on Sun, Oct 23, 2011, at 11:48 AM
  • More taxes generated for the government and more profits for those who control it. Sounds like a win/win situation to me. Actually, the revenuers have been very aggressive in the last few years, even going so far as to photograph license plates of cars who were selling at flea markets. Not to mention the state regulators who regularly inspect. This has happened to me in Tennessee, Alabama, and Kentucky.

    On one hand, it is ridiculous, but to be fair, there are some who operate huge businesses skirting all tax liability. It is one thing to have a yard sale, but something quite different to sell lots of stuff without any intention of ever paying taxes.

    -- Posted by memyselfi on Wed, Oct 26, 2011, at 2:43 AM
  • memyselfi, it sounds like you frequent flea markets. That might be an interesting subject for those who are considering it as a sales venue.

    Maybe later?

    -- Posted by stevemills on Wed, Oct 26, 2011, at 6:26 AM
  • Sure, I'll share what little I know if anyone is interested.

    -- Posted by memyselfi on Thu, Oct 27, 2011, at 3:16 AM
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