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The FBI Seized This Woman's Life Savings–Without Telling Her Why

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Re: The FBI Seized This Woman's Life Savings–Without Telling Her Why

#81
post #15

Earlier quoted context omitted.

The USA is post-Constitutional. There is nothing in the Constitution that permits the government to create the FBI and therefore the 10th should apply. As the FBI does exist, along with all of the other alphabet soup agencies, we can see that the Constitution no longer truly holds power.

[flagged]

[deleted]

Re: The FBI Seized This Woman's Life Savings–Without Telling Her Why

#82
post #6

Seizures allowed to be kept by the organisation doing the seizing is a terrible incentive. In other countries, seizures go to general revenue, which means that the incentive to do it is diluted enormously. This is especially a problem with small police forces, or small polities where fines become a large proportion of revenue. You'd think that for the FBI the incentive would be diluted, given how huge they are, but m…

This is actually the same reason why I'm surprised when anyone that is into bitcoin likes the idea of the federal strategic reserve. The government specifically saying they won't buy any, they'll just put any seized bitcoin into the reserve to be used later. Why would anyone like that the government created an incentive to seize more bitcoin?

imo people who understand bitcoin and its purpose don’t want government to buy it for strategic reserve. That said if you hold your own keys then bitcoin protects you from this type of abuse of power

Re: The FBI Seized This Woman's Life Savings–Without Telling Her Why

#83
post #54
post #10

Earlier quoted context omitted.

If the last few years should have showed anything it's how little the elected officials typically care about balancing, let alone create excess, budget.

Well there was that Tea Party movement. But the reality is that America is addicted to spending more money than comes in.

That's mostly because what "comes in" has been deliberately reduced. US, apart from the ludicrous health system, doesn't seem to spend much more than other western countries.

Re: The FBI Seized This Woman's Life Savings–Without Telling Her Why

#84
post #6

Seizures allowed to be kept by the organisation doing the seizing is a terrible incentive. In other countries, seizures go to general revenue, which means that the incentive to do it is diluted enormously. This is especially a problem with small police forces, or small polities where fines become a large proportion of revenue. You'd think that for the FBI the incentive would be diluted, given how huge they are, but m…

This is actually the same reason why I'm surprised when anyone that is into bitcoin likes the idea of the federal strategic reserve. The government specifically saying they won't buy any, they'll just put any seized bitcoin into the reserve to be used later. Why would anyone like that the government created an incentive to seize more bitcoin?

If the government holds seized bitcoin as opposed to selling it, that will tend to increase the price.

Re: The FBI Seized This Woman's Life Savings–Without Telling Her Why

#86
post #15

Earlier quoted context omitted.

The USA is post-Constitutional. There is nothing in the Constitution that permits the government to create the FBI and therefore the 10th should apply. As the FBI does exist, along with all of the other alphabet soup agencies, we can see that the Constitution no longer truly holds power.

[flagged]

[deleted]

Re: The FBI Seized This Woman's Life Savings–Without Telling Her Why

#87
post #54
post #10

Earlier quoted context omitted.

If the last few years should have showed anything it's how little the elected officials typically care about balancing, let alone create excess, budget.

Well there was that Tea Party movement. But the reality is that America is addicted to spending more money than comes in.

And it died the moment there was a Republican in the White House because the GoP doesn't actually care about budget balance, outside of a few individual members, it's just an electoral strategy against Democrats. They have no problem pushing through massive tax cuts with "budget neutral" tricks to get it through with the assumption that they'll simply be extended any ways (and those are just your tax cuts the business tax cuts are, of course, permanent).

Re: The FBI Seized This Woman's Life Savings–Without Telling Her Why

#88
post #28

Earlier quoted context omitted.

Current civil engineering best practices is that if a sufficient amount of traffic is violating the limit the limit is what's wrong. Several states use methods consistent with this to set their speed limits generally. Many do not. Regardless, this is a distraction. Law is the codification of acceptable behavior. Rules that come with force of law should not substantially deviate from what average people consider accep…

> Law is the codification of acceptable behavior. Good luck lobbying the town to change the speed limit. They don't care what you think about the limit, if you drive past that speed you'll have to pay. And just to rant a bit: as someone who lives on a too-straight street (but very local and with pedestrians, including, children, walking on often) where dickheads constantly drive well past the limit because they proba…

The problem is with the road, not the drivers. My city has re-engineered many roads that used to have four lanes into two lane roads with a middle left turn lane along with roundabouts or curbs that ‘narrow’ the road at intersections which makes drivers slow down. Roads where traffic used to move at 45 MPH now moves at 30 MPH.

Go to city council meetings and demand that the road is re-engineered instead of blaming drivers.

Re: The FBI Seized This Woman's Life Savings–Without Telling Her Why

#89
post #15

Earlier quoted context omitted.

The USA is post-Constitutional. There is nothing in the Constitution that permits the government to create the FBI and therefore the 10th should apply. As the FBI does exist, along with all of the other alphabet soup agencies, we can see that the Constitution no longer truly holds power.

[flagged]

Category error. Federal departments are changes to the structure and function of government that should require Consitutional Amendments. The imbibing of Diet Coke by the POTUS is not substantial to the structure and function of government.

Re: The FBI Seized This Woman's Life Savings–Without Telling Her Why

#90

Earlier quoted context omitted.

This is actually the same reason why I'm surprised when anyone that is into bitcoin likes the idea of the federal strategic reserve. The government specifically saying they won't buy any, they'll just put any seized bitcoin into the reserve to be used later. Why would anyone like that the government created an incentive to seize more bitcoin?

If the government holds seized bitcoin as opposed to selling it, that will tend to increase the price.

I guess that's why, though the government would then have an incentive to seize as much as it can legally seize.

It'd be one thing if the bitcoin was just thrown in a hole or destroyed. A strategic reserve is a financial asset though, the government will want to grow that fund to help fund pet projects while running a ridiculous deficit.

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