2 Families, 2 Conversations

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Originally Posted by 68Charger

The state treasury isn't FDIC insured, as it is not a private bank?

As I understand it, it's the FDIC insurance that private banks don't want to jeopardize by dealing with dopers and their money.

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Even the feds don't mind taking taxes from the sales.

Quote:

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Originally Posted by 68Charger

The state treasury isn't FDIC insured, as it is not a private bank?

As I understand it, it's the FDIC insurance that private banks don't want to jeopardize by dealing with dopers and their money.

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No. Post 9/11 the various money laundering laws were greatly strengthened. Banks can't knowingly accept accounts for illegal businesses. Criminal liability for the banks.

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Originally Posted by spqrzilla

No. Post 9/11 the various money laundering laws were greatly strengthened. Banks can't knowingly accept accounts for illegal businesses. Criminal liability for the banks.

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But the "government" can acce... err, confiscate, that same money. Funny how that works out, eh.

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Originally Posted by CavSct1983

But the "government" can acce... err, confiscate, that same money. Funny how that works out, eh.

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Yeah. Funny, not funny haha but funny queer as in hypoqueercy.



There, my work is done, I invented another new word.

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Originally Posted by KevDen2005

Every night on patrol I ask a homeless person or "needy family" where they are from and they rarely say Colorado. I try to get them to admit to me why they are here. I'm sure it has a lot to do with our easy "public assistance."

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I think I drove past that "Public Assistance Dispensary" just the other day...

ETA: We're getting a lot of new filings up here involving people who just moved here. I always laugh when the public defender says "He is from [CA, NY, IL, FL, ETC] and has strong ties to the community." No he doesn't, he just moved here for the pot and probably won't show up for his next court date.