http://abcnews.go.com/GMA/story?id=4832471

http://www.creators.com/lifestylefeatures/business-and-finance/taking-stock/keeping-your-safe-deposit-box-as-safe-as-possible.html

http://www.washingtonsavings.net/personal-services/safe-deposit-boxes/FAQs-about-safe-deposit-boxes

http://www.infowars.com/department-of-homeland-security-can-seize-gold-silver-guns-in-safety-deposit-boxes/

And that's just a few.




Would be interested in learning what your counter argument would be, but I already suspect it will consist of the following:

- We are wrong to hide stuff from the government
- The IRS is a good organization that benefits America
- How the government would NEVER abuse it's power to confiscate items from a safety deposit box

 

I wasn't going to make a counter argument because I wasn't taking a position of disagreement, I was just looking for the details of what you claimed.

However after reading the links you posted I am going to make a counter argument. Did you even read the links you posted? The first 3 did not support your premise. The 4th one you posted claimed the premise to be true but it is disproved by your 2nd link.

You statement comes off as a blanket statement, that they have the power to confiscate anything they want, but your own links paint a different picture.

Haha I'm sorry all I could think of while reading your story was this

No apology necessary, that's just the point I was trying to get across.
Besides that you have TOTALLY given away your age bracket and being so old and wise (because we don't get this old by being stupid  ) is probably why you knew exactly what I was talking about.
 

    Last week I tried to cash what I considered a "moderate but substantial" check at the bank where the check was drawn.
I'm not talking down payment of a house here, but over $10K
I needed the cash for a pending transaction. 

    Said they didn't have enough. 

     When I said 'you're a bank and you don't have this much cash ( loud enough for the 5 people in line to hear) ?
They replied " well maybe, but we'd have to pay you all in $20 bills (that would be just short of an 8") stack of bills). and more 
"Well you can open an account."

    OK, I go to the MAIN branch off of King St.
"Nope, we don't have that much cash on hand".
"Well you can open an account." 
Tell them why would I open an account when I wouldn't be able to get my cash out ! 
   
    Went to my bank where I have more than enough to cover the check, and after a bit more haggling, I mange to get the bulk amount of cash (minus a 25% deposit ). 

    This kind of confirms what I've recently read about statements from Scotland banks the current events happening with the bearish Dow and S&P, plunging oil prices, China  (the bear aka the new JP Morgan) the rise in gold and silver etc...
SELL, SELL, SELL ! ! !       

    May want to grab a few bucks out of the bank, empty your safe deposit box, restock them dry goods then sit down and start reloading all that empty brass you got laying around.

Elections coming up. 

JMHO
 

I work at a bank
What bank was this? how much cash was it?  Banks don't carry a lot of cash on hand for security reasons. we send and receive cash a few times a week. We prefer to have customers call ahead of time to let us know if they're going to be getting a large amount of cash just in case so we can order if needed.
It's not that the bank doesn't have money, they just didn't have much cash on hand.If it's a smaller bank, like a credit union or something, then it's understandable they didn't have enough. They still have to service other customers until their next shipment. I'm guessing they're a small bank by that "$20 bills" remark. A strap of $100's is already $10k and any bank should have that IMO

btw. if you do a cash transaction over $10k, the bank files a report for the govt to track it. If it's only once in a while, then you have nothing to worry about.

be careful when withdrawing near that reporting limit. the feds love to steal your money and freeze your accounts just because they can.

http://ij.org/case/north-carolina-forfeiture/

Lyndon McLellan has spent more than a decade running L&M Convenience Mart, a gas station, restaurant, and convenience store in rural Fairmont, North Carolina. Then, one year ago, without any warning, agents from the IRS seized his entire bank account, totaling more than $107,000.