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<p>[QUOTE=&quot;Owle, post: 1268183, member: 22004&quot;]It was both practically and legally impossible for them to fulfill her wishes. If she banks at a big responsive bank in Texas, they are probably used to having their customers who they have known for many years want cash for various deals. Texas is one of those states that is conservative, generally, with many wealthy people who like to do deals with cash because they mistrust how government has debased the dollar.</p><p><br /></p><p>I am from a state where most of the wealthy people shy away from cash because they are afraid of the tinge that it carries in terms of the &quot;underground&quot; economy. Cash deals are still done by property owners who are offered a discount with contractors for cash deals, by those buying and selling, and of course by shady operators.</p><p><br /></p><p>If there is anything we have learned from the crisis of 2008, the most nefarious criminals are based on Wall Street and financial centers around the world; they do not deal in cash, they do not need to because they have bought out entire accounting firms and politicians through lobbyists and corrupt and manipulative tactics.</p><p><br /></p><p>Unfortunately, those who deal in cash or are avoiding small amounts of taxes with cash dealings will continue to be a scapegoat for the far more corrupt system and the Keynesians who have gamed the system. </p><p><br /></p><p>I am looking forward to the rest of the story from Mr. Sanders. I am sure he deals with a fair number of people who are evading taxes, to them he will gladly deal in cash to avoid the ebil governmint. This old lady had no reason for the cash deal except to prove a point, that the banks and their regulations are bad and that they make their own rules. But if her lawyer looked at the fine print when she opened her account, she agreed to all those rules.</p><p><br /></p><p>Banks refuse to cash checks all the time, and they then file suspicous activity reports with Fincen or the IRS. Sometimes you have to go to court to get them to honor the check, I have known people who did this. And again, the issue is significant in the case of people who do not have a bank account and who go to the payee&#039;s bank to cash the check; not in the case like this where all you have to do is deposit the friggin&#039; check, and pull cash out subsequently.</p><p><br /></p><p>How the law is enforced, and what rights any given individual has are geographically significant based on cultural differences in the U.S.. It shouldn&#039;t be that way but it is. And you would find an entirely different set of practices in cashing checks in Saudi Arabia, China, Russia, London or India. They all have their rules and I doubt anywhere on planet earth that you could just waltz into the local bank and expect them ready and waiting to give you reams of paper money immediately, even if the check were drawn on the same bank as the bank where you have an account.[/QUOTE]</p><p><br /></p>

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