Dallas-based food chain to accept Mexican-pesos

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I do not know of such a town but I care, I hope we make a plan to treat all people with respect thus ridding the border of criminals, minutemen, and coyotes.
MInutemen? I think this goes too far. They are US citizens who have not committed a crime. They therefore have the legal freedom of movement within the US whereas those crossing illegally do not. Therefore, they have a greater right to be on the border than those they watch.

If they commit a crime, they should be prosecuted and probably will, but in Texas we don’t tell our citizens where they can and can’t go.
 
Not even close… English is the first language here in the USA.
Are you saying the original poster was incorrect in his facts? It sounds right to me, but if you know otherwise- throw some facts my way.
 
They should be able to accept pesos if they want; it’s their business after all… If they started to refuse American currency, on the other hand, THAT would be a problem!
 
Wow …that has busted out a can of cockroaches and no mistake…
:eek:
In Australia it is illegal to use any currency other than Australian, why would USA be any different…certainly the shop is either giving away their merchandise for free ( lecit advertising idea?) or an opportunity for big bucks to be made by lawyer types in your High Court
👍
Well, in the United States, where we prefer less governmental interference with commerce, there is no law governing the legal tender that is used in a transaction. In fact, bartering is perfectly legal.

It goes way back to tossing the tea in the harbor, I suggest Australia to the same.😃

Nohome
 
They should be able to accept pesos if they want; it’s their business after all… If they started to refuse American currency, on the other hand, THAT would be a problem!
Even this would be legal. Where they would break the law is if they said they will only sell to white people or something like that.

Refusing US currency would be fiscal suicide, but not against the law.

Nohome
 
Even this would be legal. Where they would break the law is if they said they will only sell to white people or something like that.

Refusing US currency would be fiscal suicide, but not against the law.

Nohome
Yeah, you’re right. I was probably thinking too generally… they could do business in whatever currency they wanted with the customers, but I guess the only place you could really draw the line would be if they started demanding the “right” to pay the government their taxes in pesos too. (this would be REALLY far out though, I don’t see it ever happening! 😃 )
 
I guess the only place you could really draw the line would be if they started demanding the “right” to pay the government their taxes in pesos too. (this would be REALLY far out though, I don’t see it ever happening! 😃 )
If there must be a line in the sand, I guess this would be it. Still, the IRS has taken possesion of real property and foreign currency to settle tax debts. The difference is that it was a seizure rather than a standard payment of tax.

There would be nothing stopping you from bringing pesos to the bank in exchange for a cashier’s check in United States dollars. Money is money.

Nohome
 
Are you sure? What does “legal tender” mean?
Positive. This is from the US Department of Tresury:
The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled “Legal tender,” which states: “United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues.”
This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services.
When we say “land of the free”, we mean it.👍

Nohome
 
Positive. This is from the US Department of Tresury:

When we say “land of the free”, we mean it.👍

Nohome
Thank you! I always wondered how stores got around accepting large bills. Now I know.
 
Not even close… English is the first language here in the USA.
I bet I can list no less than 50 Native American languages that were here (USA) first. The first European languages were not English either.

Nohome
 
Are you sure? What does “legal tender” mean?
Positive. This is from the US Department of Tresury:

Quote:
The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled “Legal tender,” which states: “United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues.”

This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services.

When we say “land of the free”, we mean it.👍

Nohome
It is really kind of silly when you think about it. What we call currency is a promissory “note” which is not backed by gold since the early 1970’s. So really it is now a simple IOU. We trade IOU’s which are either promised by the US government or by another government. Most “money” is now IOU’s either backed by companies or individuals, as credit card debt. Funny uh no one complains about accepting a credit card debt backed by an unknown company for pizza but yet they complain if pesos are used.
 
I see nothing wrong with them choosing to accept pesos. What would be so wrong with it anyway? :confused:
 
It is really kind of silly when you think about it. What we call currency is a promissory “note” which is not backed by gold since the early 1970’s. So really it is now a simple IOU.
It’s even sillyer (not a word) than that. Even when money was backed by gold or some other standard, it was simply something we all agreed has value. You can’t eat gold, it won’t quench your thirst and it makes a lousy shelter. Gold only has value because people say it does.

Whoever first said “you can’t take it with you” was very wise. Douglas Adams proposed that we use leaves as currency, that way money really would grow on trees!

Nohome
 
It’s even sillyer (not a word) than that. Even when money was backed by gold or some other standard, it was simply something we all agreed has value. You can’t eat gold, it won’t quench your thirst and it makes a lousy shelter. Gold only has value because people say it does.
How wrong you are.

Sillier is a word - but you change the y to i when you add the suffix.:tsktsk:
 
Yeah…I guess. But, it only makes sense in border towns. Doing it chain-wide, as announced, makes no sense. The largest number of restaurants is in and around Dallas (6-8 hours from Mexico).

Do they typically take Canadian money in Grand Rapids?
I don’t know about Grand Rapids, but the company I worked for was a national retail chain and I originally started working at the company in NJ. The register there had the abilty to exchange the currency from Candian when I worked NJ. I think all registers were the same in all the stores nationwide. I never had a customer want to pay in Candian in NJ though so I don’t know.
 
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