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Politics : Stockman Scott's Political Debate Porch

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To: stockman_scott who wrote (3256)7/25/2002 3:27:11 PM
From: Cactus Jack  Read Replies (2) of 89467
 
scott,

<<...The US Marshals Service is currently managing more than $1.6 billion in property seized from alleged drug dealers and other criminals. Assets seized include cars, boats, aircraft, residential and commercial properties, cash, jewelry, precious metals, and a host of other items.
When the government decides it wants to send a clear message that crime does not pay, it can and does.

So, why don't they drop the same net over the assets of the current crop of corporate scofflaws?>>

Because seizing the assets of those merely accused of fraud (without conviction) might be a tad unconstitutional? There is a law on the books allowing asset seizure for mere possession of certain quantities of drugs; it has been highly controversial to say the least. If the government decided to "clean things up" by allowing asset seizure for accused fraud perps, we'd all be at risk.

jpgill
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