Louisiana Bans Cash Transactions on Used Goods!

The Louisiana House Bill 195 updates the original bill passed in 2011. The updated version of this bill makes it illegal for any cash transactions for the payment of junk or used or secondhand property. In addition, the seller must also make a detailed description of all items purchased. Payment shall be made in the form of check, electronic transfers, or money order issued to the seller of the junk or used or secondhand property and made payable to the name and address of the seller.  All payments made by check, electronic transfers, or money order shall be reported 16 separately in the daily reports required by R.S. 37:1866. 

In other words, say hello to the “digital cash world.”  Folks, soon it will be totally illegal to have any cash on your person.  Louisiana is just the first state of many states to follow.  Isn’t “Big Brother” great?

Here is something else about Louisiana that many individuals do not know. First, Louisiana does not follow English common law but French law. Second, a jury trial in Louisiana does not require unanimous consent. Instead, it is simply a majority!

Anything Wrong with the Following Graph?

Oh, I know what you are saying, which is, "Things are different this time."  

Kerry and the Easter Bunny

Where Are the Young Workers in America?

"America continues to be a country where there are only jobs for those 55 and older, who saw a 329,000 increase in jobs in the past month. Every other age group saw job losses!  And the real kicker according to Zero Hedge: Since the start of the Second Great Depression (2007/08), only the 55 and older age group has seen job increases. Those 55 and younger are still 1.2 million jobs below the level they were are on December 2007."

Labor Participation Rate: Back to 1978 Levels

Why is the "Labor Participation Rate" important?  Because this ratio predicts the capacity of government to fund itself through taxation! 

Iran Accuses U.S. of Lying About New Nuke Agreement

That didn't take long.  Wow!  Iran didn't even wait for the ink to dry.  For the link, click here. President Obama and Kerry have a lot to explain after those comments coming out of Iran.

Iran's "Nuclear Deal" That is not Really a Deal!

Today's announcement about a deal is not really a deal.  More like a "white paper" on how to proceed to getting a deal. Read the parameters for a "potential" deal by clicking here.