[ExI] Direct confiscation for funding/was Re: Repudiating the national debt
danust2012 at gmail.com
Wed May 18 22:30:26 UTC 2016
On May 18, 2016, at 5:23 AM, Dave Sill <sparge at gmail.com> wrote:
>> On Tue, May 17, 2016 at 7:54 PM, spike <spike66 at att.net> wrote:
>> Dan, the problem with that notion is that the first two are legal, the third is not.
> Sure it is. Asset forfeiture is big business these days and could easily be expanded.
It is a form of direct confiscation, though I'm not sure how well it could be used for routine funding -- as a replacement for taxation, inflation, and borrowing. (One can point to, of course, how traffic fines are used for routine funding -- little different than how bandits controlling a chokepoint rely on shaking down travelers to fund their organization.)
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