[Rhodes22-list] PayPal Issues - Tool Update

[Brad Haslett]

Joe,

There is a lot of silly shit in the world, welcome to a new one.  Jumping
out of a perfectly good airplane would be one for me.  Flying an excellent
airplane into a building full of people would be another!  I understand the
IRS thing with $10K deposits, not that it is a difficult thing to beat.  The
$10K thing with PayPal is lawyers running the country.  PayPal is taking the
easy route.  Put a big smile on your face the next time you take off your
shoes going through security and get searched.  We could profile like El Al,
but no, we are a PC country!

Brad

On 4/24/07, Joseph Hadzima <josef508 at yahoo.com> wrote:
>
> That sounds a little silly!
>
> I knew there was a trigger for banks to notify Big Brother
> for Transactions over 10,000, but that total 10,000?  I've
> had the same bank account for years, and haven't had to
> reopen it.  that would make everyone that paid 1000/month
> rent a suspect every ten months if they paid by check!
>
>
> --- John Lock <jlock at relevantarts.com> wrote:
>
> > At 06:40 AM 4/24/2007 -0500, Brad Haslett wrote:
> > >Now here's the question: has anyone else faced this
> > issue?  If so,
> > >what is so special about
> > >the $10,000 number?  Is this a banking or Homeland
> > Security reg?
> >
> > I knew they had some kind of limit and it had to do with
> > avoiding
> > some kind of government scrutiny.    Unfortunately for
> > PayPal users,
> > your transaction total isn't shown anywhere obvious where
> > you can
> > track it.  If you hit the limit, you have to close that
> > account and
> > open a new one... start all over again.
> >
> > The best way I know to find where you stand on your
> > transaction total
> > is to download your entire history in comma-delimited
> > format (use a
> > start date of 01/01/1990 thru the current date).  Open
> > that with
> > Excel and do a sum on the "Balance" column.
> >
> > Cheers!
> >
> > John Lock
> > ~~~~~~~~~~~~~~~~~~
> > s/v Pandion - '79 Rhodes 22
> > Lake Sinclair, GA
> > ~~~~~~~~~~~~~~~~~~
> >
> > __________________________________________________
> > Use Rhodes22-list at rhodes22.org, Help?
> > www.rhodes22.org/list
> >
>
> __________________________________________________
> Use Rhodes22-list at rhodes22.org, Help? www.rhodes22.org/list
>