“If you need more evidence that asset forfeiture should be eliminated, John Yoder and Brad Cates, the first two directors of the Justice Department’s Asset Forfeiture Office, have a column in today’s Washington Post, and they unambiguously disown the bureaucracy they created and the evils it has spawned. I’m especially glad they include the government’s foolish and costly anti-money laundering laws as they discuss government run amok. A big problem is that these laws create perverse incentives for abusive behavior by bureaucracies. Our presumption of innocence shouldn’t be eroded just because some bureaucrats are greedy to steal private property.”
Related posts:
Apple co-founder Wozniak: Snowden is a 'total hero'
Perjury as a State Privilege
Silicon Valley Billionaire Buys World-Record Life Insurance Policy
Glenn Greenwald leaves The Guardian to head up his own news site
Glenn Greenwald: The lame rules for presidential debates: a perfect microcosm of US democracy
Victory for Homeowners in Charlestown Code-Enforcement Racket
Two Gold ETFs Ripe For A Buy: GDX, GDXJ
Give a Drunk (or Anyone) a Free Ride Home, Face $500 Fine
Twitter Suspends GOP Candidate For Tweeting About Rival
City workers tow car after painting ‘handicapped parking’ markings around it
Don't Show Bernanke This Chart Of Gold Loans In India
You Won’t Believe What’s Going On with Government Spying on Americans
Google pushes fixes for critical code-execution bug in Android
Tax Money: One Man Shot a Million Photos of President George W. Bush
David Galland: Three Reasons the Case for Gold Remains Intact