Americans fear government corruption at incredibly high levels now (see this article for more details) and with good reason. Our government, like all governments, has an unpleasant history of abusing power and using average, everyday Americans for the personal gain of those at the pinnacle of power.
Now, another report details more outrageous dealings by our government which justifies people’s distrust of government officials. Jason Snead writes,
In a shocking report last week, The Intercept—an investigative reporting outlet—released portions of an internal government manual detailing how and why federal agents should seize cash and property using powerful asset forfeiture laws.
From what we’ve seen of the manual, called the “Asset Forfeiture Handbook” and used by Immigration and Customs Enforcement’s Homeland Security Investigations arm, the short answer to that question seems to be: Federal agents should be seizing property to make money.
Civil asset forfeiture laws allow law enforcement agencies to seize property they allege was involved in a crime, often without a warrant and without any criminal charges being filed.
Once the property is seized, the property owner must prove, in essence, his own innocence—a complete reversal of the presumption of innocence found in the criminal law.
This is completely unacceptable! Our own government laid out in a policy handbook that they should shake down innocent Americans and immigrants (yes, for those of you who are cynical, even legal immigrants) for money and then make those innocent people fight to get back what had been theirs before the government took it from them.
It gives more weight to the old quip: Don’t steal; the government hates competition.
Look, to have theft codified into standard operating procedure is the kind of thing that you would expect from the mafia or some other crime syndicate. Maybe that’s why the Feds locked up Al Capone: he was too good at keeping them from taking a cut of his profits (they snagged him on tax evasion, after all).
It is exactly this kind of outright theft that makes so many Americans (and not just “greedy” wealthy people) take their assets overseas. For most of those people, it’s not about tax evasion (as in illegally avoiding paying taxes); it’s about keeping the government from stealing their assets, and you, too, should look into ways to maintain control over your assets such as taking those assets overseas. Your family’s financial future may depend on it.