I understand this but, since they are storing your money in the first place, they would need to request this information to deposit in order to remain within those laws as well I believe
Also true, however, there are times you cash out more than you deposit (sometimes people win). Edit: there are thresholds of amount of money you need to start moving around before the casino will pester you for more info, because most people don’t need to bother because they don’t meet those thresholds.
I mean, if it’s because of legal reasons, wouldn’t they request KYC paperwork before depositing the first bet instead of after? You know, since handling dirty money is still a crime even if the money is locked in the casino
Only if the deposit is over the threshold for KYC laws. (If the threshold is $X, and you get $X in chips, you will need KYC stuff collected from you).
Otherwise no:
Patron A goes to the table and receives $50 in chips. No information is exchanged. No chips are cashed out at the cashier because Patron A lost it all at blackjack. No KYC.
Patron B goes to the table and receives $50 in chips. He does well at the tables and makes several good bets that means he’s ahead $X dollars. Since he won this in several bets, there is no taxable event, but trying to cash out $X in chips is a currency exchange and means the casino now needs to gather KYC information on him.
Most people (99%) gamble like patron A. Patron B is inconvenienced because of Patron C:
Patron C stuffs $X dollars into a slot machine and cashes out without gambling. Patron C now has $X in slot tickets, which he attempts to exchange at the cashier window. His goal is to claim his $X came from gambling winnings and not wherever it actually came from. The cashier has to collect KYC info on him, and the goal is to make a paper trail so the casino can comply with state/federal law.
Patron C has a lot of other creative things he can try to do to get around these laws (see structuring)
Since most people are going to fall in category A, the casino wants to make the barrier for gambling very very low. They will only ask what is absolutely necessary at the moment. This is why those websites don’t ask for scans of your license or blood-type or whatever when you sign up, because they don’t need to if they’re just taking your $50. I haven’t used a gambling website but if they’re US based they have to follow US law.
I was gonna ask about “Patron C,” as it’s a well known secret among the unlicensed weed growers in California that casinos are a reasonably easy and cheap method of cleaning illegally obtained money, such as selling tons of weed that wasn’t licensed to grow. It’s such a well known “secret” that even us licensed growers know about it.
Currently. Of course in the past it was exploding heads for being Nazis, Lemmygrad for being insufferable tankies, then Burggit for lolicon, now hexbear for being insufferable tankies.
I think you would be surprised at how much of it is in LLCs in Delware or trusts in South Dakota, there are plenty of tax loopholes domestically as well, most people under hundred-millionaire status are not doing panama papers type stuff
As of 2019, the top 1% of household net worth in the U.S. starts at $11,099,166.
It depends what you mean by public records, if you’re a private investigator or really good at digging through records you can find things, but it’s not like it’s easy and even then it’s only the stuff that needs to be reported by law which is not a lot, the only reason I mentioned Delaware is it’s famous for being a destinination for LLCs which people use to hide their money
“You don’t really have to go to Panama or other tax havens. They are not the only ones making it possible for corrupt officials and other criminals to launder their money. You can do it in every state in the US,” explained Shah.
“In every state in the US, you can incorporate an LLC – [a limited liability company] – or another legal entity and you don’t have to disclose who the beneficiary on it is. In fact, Delaware is so synonymous with anonymous companies and ghost corporations that it was named in Transparency International’s Unmask the Corrupt campaign as one of the most symbolic cases of corruption.”
I was there OP, I was there 3000 years ago before the great renaming, long before the eternal September. Fuck those bitches, defederate and be done with them. Assholes are eternally assholes and giving them an inch is just inviting them to take a mile.
British colonialism killed a whole lot more than that in India, that’s just the figure for the worst 40 years. There’s plenty more millions either side.
I think it’s the most common places that the planes got hit when returning back to base during WW2, it’s most commonly used when discussing survivorship bias. Which I believe is their intent with said picture.
During WW2, the Allies wanted to armor their planes better so more would survive missions. But armor is expensive and heavy so you’d have to prioritize where to put it.
So they go out and collect data on the returning planes to see where they’d been hit. That picture is basically the data collected: where returning planes had sustained the most damage.
So most of the engineers looked at that and went “Aha, the points with the most damage should be armored, since they get shredded up pretty good.”
And one engineer went “Um actually, if they got shot there and came back, armor doesn’t matter. We need to armor the spots with no bullet holes, since a plane shot there wasn’t able to return.”
And so it was, and they called it Survivor Bias.
In this case, it’s survivor bias about becoming more conservative as you age
It’s a famous example of survivorship bias. The idea is, adding armor to planes make them heavier, so you want to minimize where you put armor. After some flights, you take note of where the bullet holes are in the planes that come back.
Where do you put more armor? Do you put it where there are the most bullet holes? That seems to be where the planes are being shot the most.
The problem is, your sample isn’t representative of your underlying population. These are the planes that came back. If they get shot it the cockpit, they die.
So, where should you put the armor? Well if they can get shot and come back, it’s not all that important, so put it everywhere else.
“Experience demonstrates that there may be a slavery of wages only a little less galling and crushing in its effects than chattel slavery, and that this slavery of wages must go down with the other.”
Your original stance was that it is “problematic” to equate them. Do you think it was problematic for Fredrick Douglass to equate them? If not then your original position has to change.
We don’t have polling on prior chattel slave views on wage slavery, but since you’re making a habit of just going with your gut, I’ll do the same. I’d wager most prior chattel slaves would’ve been more than happy to abolish all forms of slavery (including wage slavery).
Why don’t you do the same? Your original quote is 137 years old. It is in fact problematic to equate the economic landscape of 2023 to that of 1886. In that quote Douglass is specifically criticizing the treatment of freed slaves, not capitalism in general. (If you want to convince people capitalism is bad, you need to make valid criticisms, not twist old quotes to suit your narrative)
Your stance still needs to change then. Your issue isn’t comparing wage slavery with chattel slavery, it’s comparing slavery when the standard of living has improved.
Now this stance is still problematic, imagine we lost the civil war and the north became socialist, abolishing wage slavery. The south would have chattel slavery and the north would have no slavery. Now imagine the standard of living for chattel slaves vastly improved, and someone then tried to compare “modern day chattel slaves to wage slaves”. Your stance would then be this is wildly unfair to modern day chattel slaves because wage slaves had a worse standard of living, a position we both understand is ridiculous.
It’s laughable, really. A country where one person could go to work while the other one could stay at home and still afford a house and a car at least.
American citizens got reamed by megacorps and some even enjoy it.
The whip makes the joke that they are slaves but it’s believed it was mostly wage earners build the pyramids. The joke still stands though. I mean it’s a fucking mausoleum. Wasting societies resources for a vanity project. The irony of his statement holds either way, as a wage laborer or a slave.
we definitely still have slavery in America. Like, in America. Don’t get me wrong, there are plenty of companies that outsource their slavery to other countries and then ship the product here so we can pretend it’s not made by slaves, but plenty of companies skip the middle man and just use slaves here
I know you sent this for me personally as a reminder to get back on my meds because it just showed up on my phone without me opening it, and I appreciate you for it.
True, for me it also depends on how the Burger is constructed. Often the lettuce is put on the bottom, I want to get straight to the meat and not have the taste masked by lettuce. But it depends on the burger.
memes
Top
This magazine is from a federated server and may be incomplete. Browse more on the original instance.