Law Lets I.R.S. Seize Accounts on Suspicion, No Crime Required

[Robert Paulson]

http://www.nytimes.com/2014/10/26/us/law-lets-irs-seize-accounts-on-suspicion-no-crime-required.html

get out of the fiat titanic and jump into the bitcoin lifeboat before they rob you too.
it will only get worse and worse.

[CoolRunnings21]

Such crooks, filthy thiefs robbing the people they serve.

[bitsmichel]

This is not good news at all. This makes our country more Stalinist

[Swordsoffreedom]

http://www.nytimes.com/2014/10/26/us/law-lets-irs-seize-accounts-on-suspicion-no-crime-required.html

get out of the fiat titanic and jump into the bitcoin lifeboat before they rob you too.
it will only get worse and worse.

Sounds like a very Draconian measure
In other words if we suspect you of anything we don't need to worry about due diligence or just process
Act first question later.

Only one in five was prosecuted as a criminal structuring case.

(In other words just wasting tax money on low level fruit)
Ignoring the high hanging fruit that takes real effort and is real crime that needs addressing.

[ScryptAsic]

http://www.nytimes.com/2014/10/26/us/law-lets-irs-seize-accounts-on-suspicion-no-crime-required.html

get out of the fiat titanic and jump into the bitcoin lifeboat before they rob you too.
it will only get worse and worse.

Sounds like a very Draconian measure
In other words if we suspect you of anything we don't need to worry about due diligence or just process
Act first question later.

Only one in five was prosecuted as a criminal structuring case.

(In other words just wasting tax money on low level fruit)
Ignoring the high hanging fruit that takes real effort and is real crime that needs addressing.

Of the people who challenge these seizures in court, almost all of them will end up winning and/or settling out of court with the agency that seized the property. As part of the settlements, people must generally agree to not sue the agency later in regards to the case. This results in the fact that unless that the amount is relatively small then they will always agree to not sue the local government agency

[CoolRunnings21]

This seems to be the common theme with anyone in a Government job whether city/state or federal.

We want your money even if you are a good citizen.

This is straight robbery and  one day people will have enough.

[jaysabi]

Civil forfeiture laws allow cops to do this all the time. Laws like this are a bane to a free people, and increase the likelihood of abuse since there is a lack of due process or oversight.

[handsomestofall]

This seems to be the common theme with anyone in a Government job whether city/state or federal.

We want your money even if you are a good citizen.

This is straight robbery and  one day people will have enough.

One day?
Many decent Americans had enough decades ago.
They've been fighting this devil for a very long time -- and winning.
Knowledge is power.

Fight on!!!


HOA

[DhaniBoy]

any person or individual who has an account at a bank or the other, are entitled to protection of the law in which the account is created, they are entitled to the account security they have, if someone's account, especially one's bank account is no longer secure and respected, then of course it is will affect the security of a country's investment, and the investor will think twice to invest in the country ...