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  #1  
Old January 22nd, 2003, 06:11 PM
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Who does money belong to

If i have a dollar, is it my property? can i do with it whatever i want?

if you could, plz back up your opinions with facts and their sources.

thank you

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  #2  
Old January 22nd, 2003, 06:23 PM
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No, IIRC that dollar is property of united states government and is nothing but representation of debt they have to you. You can own gold, but you cannot own chunk of paper which some dead dude on it.
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  #3  
Old January 22nd, 2003, 06:32 PM
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what about the part "can i do anything i want with it"?

and don't laugh at me, i have reasons to ask this

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  #4  
Old January 22nd, 2003, 06:39 PM
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i never said i had a paper dollar anyway =P

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  #5  
Old January 22nd, 2003, 07:20 PM
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Quote:
what about the part "can i do anything i want with it"?

No - you can use money to pay debts, engage in commerce activities, and you exchange ownership (which is also governed) of the money (giving it to me, etc.). I believe that is all you can leagaly do with tender...
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  #6  
Old January 22nd, 2003, 07:50 PM
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What about writing on money? I seen some bills with ink on it.

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  #7  
Old January 22nd, 2003, 07:57 PM
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Sure you can, and they got special place for people like you. What you're doing is called 'fraud', and the place is called 'jail'. Get used to those terms.

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  #8  
Old January 22nd, 2003, 08:05 PM
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burning money is illegal. You can do time for burning those pieces of paper with dead people on them.

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  #9  
Old January 22nd, 2003, 08:07 PM
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Yeah, just because someone does it, doesn't make it legal.

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  #10  
Old January 22nd, 2003, 10:54 PM
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Heh... the Secret Service will getcha:

Defacement of Currency

Defacement of currency is a violation of Title 18, Section 333 of the United States Code. Under this provision, currency defacement is generally defined as follows: Whoever mutilates, cuts, disfigures, perforates, unites or cements together, or does any other thing to any bank bill, draft, note, or other evidence of debt issued by any national banking association, Federal Reserve Bank, or Federal Reserve System, with intent to render such item(s) unfit to be reissued, shall be fined not more than $100 or imprisoned not more than six months, or both.

Defacement of currency in such a way that it is made unfit for circulation comes under the jurisdiction of the United States Secret Service. Their address is: United States Secret Service, 1800 G Street, N. W., Washington, DC 20223.

Source: Bureau of Engraving and Printing

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  #11  
Old January 22nd, 2003, 10:56 PM
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That's bull****! Every single person in the world would have to live in jail for the rest of their lives if this was enforced

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  #12  
Old January 23rd, 2003, 04:50 AM
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LOL... i am glad australia isnt that bad.

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  #13  
Old January 23rd, 2003, 08:12 AM
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That really isn't enforced though. Another good point is that you can turn in a bill that is only 60% complete (be that one large piece or several small pieces) and they will accept it.

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  #14  
Old January 23rd, 2003, 08:17 AM
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One funny thing you can do with the Australian $5 note is if you fold it a certain way you can get the Queen looking like a pair of butt cheeks. Someone showed it to me once, good thing to do to amuse people.

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  #15  
Old January 23rd, 2003, 11:22 AM
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