RI eateries to require form before accepting $100 bills

[RonPaulFanInGA]

http://news.providencejournal.com/breaking-news/2013/03/ri-eateries-to-require-form-before-accepting-100-bills.html


Customers who want to pay with a $100 bill at a Rhode Island chain of restaurants will now have to fill out a form.

WPRI reports that Gregg's locations will now require a name, phone number and driver's license number whenever someone pays with a $100 bill.

Owner Bob Bacon says it's because they have received five fake $100s in the last three months. He tells the station the policy is not about getting restitution if they receive a fake bill. He says it's about creating a paper trail so they can track down whoever is making the fake bills.

[MoneyWhereMyMouthIs2]

I would require a name, phone number and driver's license number, before I eat their food, or pay them in 20s.

[Zippyjuan]

Like somebody knowingly using a fake $100 bill is going to fill out real information on some form. Just pick up a couple detector pens and scanners to verify the bills. The pens are available at office supply stores like Staples. Cost maybe a couple bucks.

[phill4paul]

If they can't take the time then I won't be visiting their establishment...

http://ts2.mm.bing.net/th?id=H.4961396822311173&pid=15.1

http://inutiles.files.wordpress.com/2007/07/partsmall_100.jpg

[VBRonPaulFan]

what a dumbass, he deserves to go out of business.

[Lucille]

I'd go there with a C-Note, and if they asked me to fill out a form, I'd hand them a grocery bag of change.

http://www.zerohedge.com/news/2013-03-22/paying-hundred-dollar-bill-prepare-fill-out-form


While depositors in Europe are having their money confiscated outright by their less than friendly governments and despotic, tyrannical politicians who will do everything in the name of "equality, fraternity and of course liberty" or, said otherwise, preserving their careers and the status quo while throwing their taxpayers and voters into the firepit of Keynesian and monetarist idiocy, in the US a different form of capital control may be taking shape.

NBC reports from Rhode Island, where a local restaurant chain is now demanding that any clients paying with $100 bills also provide their name, phone number, and drivers' license. By doing this - supposedly in the name of avoiding counterfeiting but don't you dare mention fake bill spotting markets or UV light - it eliminates the only upside that paper money had over electronic transactions: anonymity. How soon before all other retailers and vendors decide that it is a good idea to demand their clients' personal info, for the sake of avoiding counterfeiting of course, first in all $100 bill transactions, then $50, then $20, and so on?

And with the government already cracking down and commencing the regulation on BitCoin, maintaining gold tender is illegal and demanding tax records for all purchases and sales, and providing zero benefits to bank savers in the form of ZIRP, what is conflicted US consumer to do? Why spend of course, fully aware that every even cash-based transaction will be recorded for posterity, and for the benefit of Big Brother.

[QuickZ06]

Hope this backfires on his business like a mofo.

[MoneyWhereMyMouthIs2]

If they can't take the time then I won't be visiting their establishment...

http://ts2.mm.bing.net/th?id=H.4961396822311173&pid=15.1


Fake / Differently Fake

[cjm]

If they refuse your $100 bill because you don't give personal information with it, wouldn't that free you of the obligation to pay under legal tender laws? I know a retailer can refuse cash for point-of-sale type transactions, but if you've already eaten, isn't there a condition of debt? Any monetary lawyers out there?

[Zippyjuan]

I think they have the right to refuse to take large bills or on the other end tons of coins in payment. http://legallad.quickanddirtytips.com/legal-tender.aspx