From: Matthew Gaylor (freematt@coil.com)
Date: Thu Nov 18 1999 - 07:57:03 MST
[Note from Matthew Gaylor: J. Bradley Jansen is US Rep. Ron Paul's
Legislative Aide for banking and monetary issues.]
From: "Jansen, J. Bradley"
To: freematt@coil.com
Subject: Ron Paul legislation to stop "carry tax"; Know Your Customer is back!
Date: Wed, 17 Nov 1999 13:09:50 -0500
> Rep. Ron Paul has introduced H.R.3399 on November 16, 1999 to stop the
> Federal Reserve official's plan to impose a "carry tax" on currency notes
> using the magnetic strip as a tracking device to tabulate the tax.
>
> H.R. 3399, the "Currency 'Carry Tax' Prohibition Act of 1999," would
> prohibit the Secretary of the Treasury and the Board of Governors of the
> Federal Reserve System from including any information storage capability
> on the currency of the United States or imposing any fee or penalty on any
> person for the holding by such person of currency of the United States,
> including Federal reserve notes, for any period of time.
>
> For more information:
> http://www.house.gov/paul/openingpage.htm
>
> http://www.economeister.com/news/1999_10/20/083500mo.htm
>
> http://www.wired.com/news/politics/0,1283,32121,00.html
>
> http://www.enterstageright.com/1199currency.htm
>
> http://www.garynorth.com/y2k/detail_.cfm/6630
>
> http://www.y2knewswire.com/19991028.asp
>
> Also in the bad ideas don't die catagory, comments to the Fed on its
> proposal on Reg B to "encourage" banks to collect race, gender, etc. data
> on credit applications through November 8 totalled 272: 63 in favor of the
> proposal, 62 are trade creditors whose letters did not address the issue,
> and 147 against. Letters against the change should be faxed to
> 202-452-3819 and reference Docket # R-1008.
>
> DC's The Hill has an article on the "backdoor" Know Your Customer bills:
> http://www.hillnews.com/news/news2.html
>
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