eflatminor
Classical Liberal
- May 24, 2011
- 10,643
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tyr·an·ny noun \ˈtir-ə-nē\: cruel and unfair treatment by people with power over others
The Feds seize a private bank account without charging the owner with crime, much less convicting him.
These people BROKE NO LAW, yet they've lost everything. 30 employees are about to lose their jobs and customer will be left with less choice as there is no prompt way to get a court to review the seizure.
Here's what happened: A grocery store owner makes cash deposits under $10,000 because that's the limit his insurance policy covers in transit. Banks are required to report cash transaction above $10k. The Feds ASSUME his deposits are an attempt to avoid that requirement...so they seize his bank of every dime in it.
[ame=http://www.youtube.com/watch?v=RwN-uFCtXPs#t=60]Feds Raid Family Grocery Store's Checking Account Over Innocent Bank Deposits - YouTube[/ame]
Tyrants throughout history would be proud. Fuck the bureaucrats and the central planners that gave them these kind of powers. At what point do we say ENOUGH?!
The Feds seize a private bank account without charging the owner with crime, much less convicting him.
These people BROKE NO LAW, yet they've lost everything. 30 employees are about to lose their jobs and customer will be left with less choice as there is no prompt way to get a court to review the seizure.
Here's what happened: A grocery store owner makes cash deposits under $10,000 because that's the limit his insurance policy covers in transit. Banks are required to report cash transaction above $10k. The Feds ASSUME his deposits are an attempt to avoid that requirement...so they seize his bank of every dime in it.
[ame=http://www.youtube.com/watch?v=RwN-uFCtXPs#t=60]Feds Raid Family Grocery Store's Checking Account Over Innocent Bank Deposits - YouTube[/ame]
Tyrants throughout history would be proud. Fuck the bureaucrats and the central planners that gave them these kind of powers. At what point do we say ENOUGH?!