Current federal forfeiture laws create financial incentives for law enforcement to pursue profit over the fair administration of justice, facilitate the circumvention of state laws intended to protect citizens from abuse, encourage the violation of due process and property rights of Americans, and disproportionally impact people of color and those of modest means.
The Fifth Amendment Integrity Restoration (FAIR) Act would enact simple, commonsense but urgently needed changes to federal civil forfeiture law.
The FAIR Act would curb the profit incentive by prohibiting the Department of Justice from retaining seized assets for its own use. Property forfeited by the DOJ would have to go to the General Fund of the Treasury. That was where forfeited property and funds were sent before the law was changed in 1985. Since the profit incentive was put into the law, forfeiture revenue—and abuses—have skyrocketed.
The bill would abolish the equitable sharing program for civil forfeiture, which allows local and state law enforcement agencies to circumvent stronger state restrictions by teaming up with federal agencies to pursue forfeitures under more lucrative federal law.
It would require the government to prove property is subject to forfeiture by “clear and convincing” evidence, instead of a mere “preponderance of the evidence” which is currently required.
It would restore the principle of “innocent until proven guilty” by shifting the burden from the property owner to the government to prove that the owner had knowledge that his property was used in criminal activity.
The FAIR Act would provide indigent property owners with appointed counsel in civil forfeiture proceedings.
It would protect innocent small business owners by codifying the new IRS policy limiting prosecution of “structuring” cases to those involving funds not derived from a legitimate source. Anti-structuring laws were aimed at catching serious criminals who made frequent, small cash transactions to avoid bank reports to the U.S. Treasury Department concerning large cash transactions. Increasingly, those laws have been used to take money from innocent small businesses who deal with a lot of cash.
The FAIR Act would insert a criminal intent requirement that individuals knowingly“structured” their cash transactions for the purpose of evading currency reporting requirements.
It would include a hearing requirement to allow individuals and small business owners a prompt opportunity to contest the seizure of their funds for alleged structuring violations.
A coalition of organizations, including the Institute for Justice, support civil forfeiture reform that will effectively address defects in current law and procedures that have becoming serious threats to the rights of property owners.
Don't be ridiculous. The institutional holders I referenced are listed right here on Yahoo. I see no so-called "bucket shops".
So, what's your agenda?
"Truth" is a transient thing for Marxists.
If their home country deserves defending, why is the great majority of the refugees militarily capable young men and not, as one would believe, women and children fleeing a war zone. Something stinks about this whole affair and if allowed to continue may well turn America in a war zone as well, which could well hasten the Balkanization seemingly already in the cards.
A year ago the U.S. Bureau of the Census published a report which revised previous estimates of the future population of the United States. According to the Census Bureau, there will be 400 million people in the United States in the year 2050. One important fact about this figure is that it is much greater than the optimum population for a land area the size of the United States. Another important fact concerns the nature of that population. In 2050 the United States will consist of several blocs of minority groups. There will be no majority group. By 2050 European Americans, who for the first 200 years of the existence of the United States had been its majority population group and who had founded and maintained its culture, laws, and economic life, will find themselves in the minority.
There is yet another important fact to be noted about this mass of 400 million people. This is a fact which suggests that the United States of 2050 will be America Balkanized, an America without Americans, an America in which citizens will identify with their minority status and forget about the nation as a whole. This is the fact that three of the four major population blocs will constitute visible minorities. Three of the four blocs -- European Americans or Whites, African Americans or Blacks, Asian Americans or Yellows -- will be what the anthropologist Sir Arthur Keith has called "macrodiacritic" groups. That is, more than 90 percent of their members are visibly identifiable. The fourth bloc, Hispanic Americans, is a conglomerate created by the Federal bureaucracy. Hispanics, who can belong to any race, will no doubt still be a political bloc.
Indeed, all four blocs will be relentlessly political, locked in a struggle to determine how the increasingly scarce economic goods and natural resources are to be distributed to each group. Can a nation so wracked by internal struggle long endure? History suggests not. History suggests that by the time that America lacks Americans to the extent that Yugoslavia now lacks Yugoslavs, it will undergo a more or less painful process of deconstruction. That time may, in fact, occur long before 2050.
Power makes right. The antifederalists warned about such.
Here's an insider that says he thinks that FED policy sucks. The article may still be in the right-hand margin of the page.
Thanks for the bread crumbs that led to that book. I decided to download it for reading after merely reading the very first paragraph and the fact that there were only 2 printings, both in 1928, one in November and then another in December, which I thought rather odd.
Fiscal leadership won't solve anything of consequence. We need a reset, a Jubilee if you'd like to call it that.
You're likely right. Retribution seems much more available outside the geographic confines of America. The people here have been dumbed down and successfully lied to for a long, long time now. The lies have been so deeply ingrained that they now spread them as gospel.
Collapse may be the only way to rectify the situation, but I fear there will be a great winnowing.
Although I cannot say "Tag! You're it!" I have read that contracts for good delivery of PMs are being bought out at a 25% cash premium over the contract price. If you have the ability to create money out of nothing you can control the price of anything in such a manner.
Given that literally 100 times the available inventories are sold each day, one could easily gather that some underhandedness is in play.
It's very accurate and the fact that the gangbanksters are even talking about elimination of the facade they have erected and move to direct finance instead also underscores the fact that, especially for Treasurys, that the selling of government debt is growing anemic.
About 90% of the consistent downward action occurs on the opening of the NYMEX or shortly thereafter. It's like a gangbankster fingerprint.... but there's no conspiracy... none... nada.
I told my wife yesterday that I believe the rubber band is being stretched to the limit and that the reflex action will likely allow us to finally retire. That's the plan at any rate unless we have to begin to defend our homes.
I have. They won't listen or respond to rational arguments and continue as though there has been no response to their mindless prattle. They just continue to spout their nonsense.
Why are they even here? Do you think that after their comments they actually own any SLW?
Why don't you list a few of that vast number? In fact, pick the very best ones.
As in that same "nearby thread", this ridiculous assertion has been gutted.
You boys are running out of material. There's always laxative you know. A good cleaning out might allow some fresh air in. Otherwise, we'll have to contend that you're full of krap.
Have you ordered "The Ethics of Liberty" yet? They have it at The Mises Institute bookstore.