Holy smokes.
One person commented that this only applies to foreign goods sold in foreign countries.
hum, Do we have any international law experts on FR?
Hope so.
However, how would something like this be enforced.
I mean really the “resale” police would peruse neighborhoods looking for grandma and grandpa selling their stuff in a garage sale, and arrest them.
What I find interesting is that we are sitting here considering whether he broke the law or not and what he would have to do to be legal or what his defense should be to say that it was legal.
What we are failing to discuss in any depth is whether this is a good law or a bad one that should be repealed.
I’m not in favor of anything goes anarchy, but it does seem that we have too many crippling laws and regulations. The question we need to be asking is: Does this law benefit our country? If it only benefits a few existing businesses by protecting them from competition, or if it benefits foreign countries at our expense, then we need to repeal it.
“this only applies to foreign goods sold in foreign countries.”
Does this mean I can’t cash in on my aunt’s Hummel figurine collection? I’m Doomed Doomed I tell you.
May not be as far fetched as one could imagine. Take a look at what the Louisiana Legislature passed in 2011. I guess it is actual law now although I've not looked up the current status.
Law Bans Cash for Second Hand Transactions
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.
"We're gonna lose a lot of business," says Danny Guidry, who owns the Pioneer Trading Post in Lafayette. He deals in buying and selling unique second hand items.
"We don't want this cash transaction to be taken away from us. It's an everyday transaction," Guidry explains.
Guidry says, "I think everyone in this business once they find out about it. They're will definitely be a lot of uproar."
The law states those who buy or sell second hand goods are prohibited from using cash. State representative Rickey Hardy co-authored the bill.
Hardy says, "they give a check or a cashiers money order, or electronic one of those three mechanisms is used."
Hardy says the bill is targeted at criminals who steal anything from copper to televisions, and sell them for a quick buck. Having a paper trail will make it easier for law enforcement.
end snip