Silly people, don't you know that paying off your credit card debt makes corporations cry? Don't you know being financially responsible helps the terrorists?
This is probably one of many bits of the Patriot Act that somehow makes us safer by allowing the federal government more access to our lives and our finances. The "Know Your Customer" bill and the Digital Telephony Act are another example of this kind of crap.
If I were to give them the benefit of the doubt, I would imagine it has something to do with preventing money laundering. But that's a lot of stretching, and still says nothing about whether or not it's right.
I believe that it was, but rather than a $10,000 deposit, you deposit random amounts of funds in smaller quantities. Not hard to game this system if you just break up the chunks. Overall, it's an artifact of the war on drugs which is the right leg of the goose that is the Federal goverment. War on Guns being the left leg.
![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
no subject
no subject
no subject