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Reply #26: Yep. They abuse that law often enough that finding examples isn't difficult. [View All]

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JoeyT Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 06:27 PM
Response to Reply #23
26. Yep. They abuse that law often enough that finding examples isn't difficult. /

Are three links to blatant abuse of the law enough? I could go on for a few pages.
Sure the people can sue to get their money back (sometimes) but it usually costs them more than was taken from them. And they don't have to be convicted or even accused of a crime. Again, you just have to have more money (or jewelry: One example I remember was a guy that got his Rolex watch seized. No charges filed, of course.) than the police think you ought to have.
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  -Talk of nationalizing BP in order to cover potential 1 TRILLION in damages ... elehhhhna  May-06-10 04:53 PM   #0 
  - I read that on ZH earlier today. Interesting, but how would we even nationalize a foreign corp?  Ruby the Liberal   May-06-10 04:55 PM   #1 
  - You confiscate whatever's on your property. See Hugo Chavez. ...  elehhhhna   May-06-10 05:00 PM   #3 
     - Where does "US territory" end in the gulf? 200 miles from shore?  Ruby the Liberal   May-06-10 05:05 PM   #5 
     - Bp doesn't have just one well in the Gulf.  elehhhhna   May-06-10 05:15 PM   #12 
     - This isn't Venezuela  FBaggins   May-06-10 05:08 PM   #7 
     - lol right. Nationalizing would essentially fasttrack the same result at suing ...  elehhhhna   May-06-10 05:13 PM   #9 
     - "That's all" ???  FBaggins   May-06-10 05:18 PM   #15 
     - Civil Asset Forfeiture..  Fumesucker   May-06-10 05:14 PM   #10 
     - Yep. Like Soylent Green, Corporations are people. Ask the USSC.  elehhhhna   May-06-10 05:16 PM   #14 
     - You don't have to be convicted of a crime?  FBaggins   May-06-10 05:25 PM   #17 
        - No, you don't have to be convicted of a crime..  Fumesucker   May-06-10 05:44 PM   #20 
        - Did you read the rest of the post?  FBaggins   May-06-10 06:10 PM   #23 
           - Yep. They abuse that law often enough that finding examples isn't difficult.  JoeyT   May-06-10 06:27 PM   #26 
              - Your first link doesn't mention asset forfeiture  FBaggins   May-06-10 07:23 PM   #29 
        - Well not really.  JoeyT   May-06-10 06:20 PM   #25 
     - That's right, we're not Venezuela, we have a much bigger military!  AnArmyVeteran   May-06-10 07:27 PM   #30 
     - Our guys won't even audit the Fed properly. And it's our money.They're not going to seize anything.  librechik   May-06-10 06:12 PM   #24 
  - Does the US have the option of grabbing a british company?  FBaggins   May-06-10 04:56 PM   #2 
  - see post 3. BP used to be Amoco, btw.  elehhhhna   May-06-10 05:01 PM   #4 
  - There is no way that we would do that to the UK's largest company.  BrightKnight   May-06-10 05:25 PM   #16 
  - Recced and kicked.... this NEVER NEEDED TO HAPPEN... if it  HysteryDiagnosis   May-06-10 05:06 PM   #6 
  - All extraction industries need to be nationalized  randr   May-06-10 05:12 PM   #8 
  - No joke -- why do Alaskans get annual checks for their resources being sold?  elehhhhna   May-06-10 05:14 PM   #11 
  - We already DO it nationally.  FBaggins   May-06-10 05:30 PM   #19 
  - Agreed - follow the Norwegian model  grantcart   May-06-10 05:27 PM   #18 
  - Nailed it.  Scuba   May-06-10 07:07 PM   #27 
  - Uh, what do you think the bill would be for nationalizing all of that?  Cessna Invesco Palin   May-06-10 07:15 PM   #28 
  - Works for me. Seize and liquidate every BP asset on American territory. n/t  backscatter712   May-06-10 05:15 PM   #13 
  - It makes no sense to nationalize BP  gravity   May-06-10 05:49 PM   #21 
  - submitted by Tyler Durden. lol TD = Fight Club  Whisp   May-06-10 05:51 PM   #22 

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