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The Government Can Seize Anything, Including a Skyscraper!

In recent times, law enforcement has gotten out of control. Police have been emboldened by SWAT teams, aggressively discriminate against minorities and engage in abusive tactics such as “no knock” raids, “stop and frisk,” asset forfeiture laws and a variety of other ways to trample upon our sacred Bill of Rights.

One good example of overreaching police action is asset forfeiture. In the name of catching drug dealers, tax evaders, terrorists, or just plain law breakers, police can confiscate cars, houses and cash without a court order or without even charging someone with a crime.

In fact, the feds this year confiscated an entire skyscraper, a 36-floor building at 650 Fifth Avenue in New York, because the part-owner was linked to a money-laundering scheme of an Iranian terrorist group.

In 2014, for the first time ever, the government seized more property than burglars stole from private homes and offices! According to the Institute for Justice (a sponsor at this year’s FreedomFest conference), the Treasury and Justice Departments deposited more than $5 billion into their respective asset forfeiture funds. That same year, the FBI reported that burglary losses topped out at $3.5 billion. If you do the math, the government seized over 40% more property than burglars did!

Click here to read the rest of this article on stockinvestor.com, “The Government Can Seize Anything, Including a Skyscraper!

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Investment expert Dr. Mark Skousen shares news on the increasing occurrence of governmental seizures of private properties.

archive

The Government Can Seize Anything, Including a Skyscraper!

Investment expert Dr. Mark Skousen shares news on the increasing occurrence of governmental seizures of private properties.

In recent times, law enforcement has gotten out of control. Police have been emboldened by SWAT teams, aggressively discriminate against minorities and engage in abusive tactics such as ??no knock? raids, ??stop and frisk,? asset forfeiture laws and a variety of other ways to trample upon our sacred Bill of Rights.

One good example of overreaching police action is asset forfeiture. In the name of catching drug dealers, tax evaders, terrorists, or just plain law breakers, police can confiscate cars, houses and cash without a court order or without even charging someone with a crime.

In fact, the feds this year confiscated an entire skyscraper, a 36-floor building at 650 Fifth Avenue in New York, because the part-owner was linked to a money-laundering scheme of an Iranian terrorist group.

In 2014, for the first time ever, the government seized more property than burglars stole from private homes and offices! According to the Institute for Justice (a sponsor at this year??s FreedomFest conference), the Treasury and Justice Departments deposited more than $5 billion into their respective asset forfeiture funds. That same year, the FBI reported that burglary losses topped out at $3.5 billion. If you do the math, the government seized over 40% more property than burglars did!

Click here to read the rest of this article on stockinvestor.com, “The Government Can Seize Anything, Including a Skyscraper!

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Written By

Mark Skousen is a college professor, prolific author and world-renowned speaker. He??s made his unique sense of market and investment trends known and respected in the financial world. With a Ph.D. in economics and a focus on the principles of free-market capitalism and ??Austrian? economics, Mark Skousen has often gone contrary to the crowd in his investment choices and economic predictions ?? and has often been proved right.

TRENDING NOW:

YouTube Won’t Let You Watch Lauren Southern’s ‘Borderless’

FOREIGN AFFAIRS

DONKTUM: Restricting the Range of Consciousness.

CULTURE

Lauren Southern’s Borderless Deleted By YouTube. ENOUGH.

U.S. POLITICS

Farage: ‘No No to BoJo’.

FOREIGN AFFAIRS

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