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The Government Is Stealing Private Assets At Record Rates

by Dave Hodges, The Common Sense Show:

The American economy is living on borrowed time through the infusion of massive amounts of “printed out of thin air” cash being printed by the Federal Reserve. Anyone with an IQ above room temperature knows that the inevitable economic crash is looming on the horizon. The deficit is $19 trillion dollars, and soon-t0-be $21 trillion dollars, and that is the good news. The unfunded liabilities debt (e.g. Social Security, Medicare, etc.) is estimated to be $240 trillion dollars. Finally, the derivatives debt that average citizens have been saddled with the burden of paying off through the infamous bailouts is now estimated to $1.5 quadrillion dollars. With the most optimistic estimates that the world’s GDP is less that $100 trillion dollars, it does not take a rocket scientist to figure out that the ability to pay off the debt through taxation and the endless bailouts is simply not possible.

The Federal Reserve and their colleagues know that the crash is coming. Your home, your pension, your bank account are all at risk civilian asset forfeiture 2when, not if, the crash comes. Therefore, the Federal Reserve, from 2012-14, has spent an estimated $40 billion per month buying of mortgage backed securities in anticipation of the crash that they know is coming. After the crash, hard assets such as homes, office buildings and shopping malls will be valued assets in a post-dollar world. The aforementioned is an intelligent and prudent investment on the part of the Federal Reserve, not to mention that what they have done is perfectly legal. Unfortunately, the government, as a whole, is not waiting for an economic crash to seize personal assets as they and their cronies at the Federal Reserve are after your assets in any manner that that they can achieve seizure. The only obstacle in the way of the public theft of private assets is the United States Constitution and the Fifth Amendment.

No, I am not talking about MERS mortgage fraud where the banks and title companies continue to steal homes to this day. There is another organized crime being perpetrated against the Amerian people, while there are still private assets to steal, and I am speaking about the pratice known as civilian asset forfeiture and the practice has grown exponentially. When this practice began in the 1990’s, the amount of property stolen without due process was in the millions. Today, this practice has grown to a $4.5 billion dollar governmental criminal enterprise.

That Little Thing Called the Constitution and the Fifth Amendment

The Fifth Amendment asserts that no person shall “be deprived of life, liberty, or property, without due process of law”. Given the intended narrow definition of the Fifth Amendment, this article will demonstrate that the concept of private property is on life support and that government is attempting to separate as many private assets from its citizens as possible. One of the primary ways that the government is accomplishing this goal is through the RICO statutes and this will be the exclusive focus of this article.

What Is RICO?

The new game in America is called theft by law enforcement and RICO is the name. Much of the growth of federal criminal procedures has been tied to the expanded use of RICO. RICO stands for the Racketeer Influenced and Corrupt Organizations Act of 1970. RICO has succeeded in blurring the lines between state and federal law enforcement and in overturning the protections inherent in the guarantees of the U.S. Constitution, namely due process. As previously stated, the Fifth Amendment states that government cannot deprive citizens of life, liberty and property without due process of law. As the Patriot Act negates the Fourth Amendment protections, RICO does the same with the Fifth Amendment due process rights.

RICO is essentially the seizure of goods and assets obtained as a result of ACCUSED criminal activity. At the inception of RICO in 1990, there were only three named federal criminal acts subject to RICO confiscation of assets and they were treason, piracy, and counterfeiting. Today, there are literally thousands of federal laws and regulations related to RICO. The mere violation of any one of them, no matter how unintentional and harmless the transgression, can lead to years of imprisonment for the convicted person and the forfeiture of all personal assets.

Rico statutes are where the police and federal law enforcement are no better than the criminals they purport to fight. Even when an individual is not charged or found innocent, their confiscated assets are still the property of the law enforcement agency. If a person is found not guilty in court, or the charges are dropped, the person can spend years trying to recover their assets. In some cases, the innocent never recover their stolen property.

Gangster Cops in Meridian MS.

During a traffic stop in Meridian, Mississippi, police found $360,000 tucked away in an obscure compartment of a man’s car. Certainly the amount of money in question would get our collective attention, however, the driver was let go. And if the Meridian city government has a problem with large amounts of cash, then pass a law forbidding the carrying of cash over a certain amount. Until then, this man committed no crime. In this case, the cops simply stole the man’s money.

Under RICO, law enforement agency can seize your property, and it’s up to you to prove that the money isn’t connected to a crime. This is an obvious violation of the Fifth Amendment which requires the government to prove in court that the accused is guilty beyond a reasonable doubt.

This application of RICO is unconstitutional on its face and it is still being allowed. Why? Because RICO money is being used by the law enforcement agencies to enrich their department as well as to host lavish department/agency parties. This is no different than what the Mafia protection rackets attempt to achieve or the Mexican Federal Police do when Americans travel into Mexico. This practice is taking place from your local police department to the Department of Justice. The various levels of government actually engage in revenue sharing, a form of multi-level marketing, like Amway.

Your Property Is Not Safe

For those who think that the Meridian, MS. motorist got what he deserved because nobody should be carrying that kind of cash on them, consider the Russell Caswell case which demonstrates that, under RICO statutes, one can lose everything even when they have never been suspected of a crime.

Motel owner Russell Caswell, of Fitchburg, Massachusetts, has fought with government for three years over his right to keep his own motel. Caswell has never been charged with a crime, yet he faces the loss of his business. Caswell, having successfully managed to keep his property, is the victim of guilt by association. From 1994 to 2008, police have made 15 drug busts at his motel. That come to only one drug bust per year in a motel. This is a remarkably low number. However, it is not stopping law enforcement for trying to get their hands on the motel by stating that under RICO, the motel is considered to be part of a criminal enterprise.

One does not have to be the owner of a motel or carry large amounts of cash to be a victim of the law enforcement Mafia. If you give a ride to someone who has marijuana in their possession, you can lose your car. If your teenage daughter brings drugs into your house, you could lose your house. This is no more than criminal theft committed by corrupt law enforcement agencies.

Motives for RICO Enforcement

The money that law enforcement seizes, is money that goes towards the purchase of office equipment, new vehicles, larger expense accounts and the list goes on. However, agency assets are not the only destination for RICO obtained assets.

In a town of less than 3,000 people, in Bal Harbor, FL, police spent more than $23,000 flying out to Chicago, Las Vegas, and Los Angeles. While there, the police rented out Cadillac SRX and a Lincoln Town car. Yet, other Bal Harbor police were also living it up as the department spent $7,000 holding a banquet for police chiefs and $21,000 on an “anti-drug beach bash.”

Read More @ TheCommonSenseShow.com

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