Asset Seizure Quotes

It would be an instructive exercise for the skeptical reader to try to frame a definition of taxation which does not also include theft. Like the robber, the State demands money at the equivalent of gunpoint; if the taxpayer refuses to pay, his assets are seized by force, and if he should resist such depredation, he will be arrested or shot if he should continue to resist.

You can only confiscate the wealth that exists at a given moment. You cannot confiscate future wealth - and that future wealth is less likely to be produced when people see that it is going to be confiscated.

If you want to go after Putin, go after his money and if you want to go after his money go after the oligarchs.

The nationalization process will be carried out in accordance with the legal and constitutional framework, that, among other things, forbids expropriation.

Secret bank accounts are for laundering dirty money. Heads of state at the UN should put an end them. That would be the best way of tracking down the drug traffickers.

The vast majority of debt that Anglo maintains is owed is strenuously disputed. However, I cannot now pay those loans which are due, following Anglo taking control of the Quinn Group of companies, which I and a loyal team spent a lifetime building.

On April 27th 2017 the UK approved Magnitsky Sanctions as part of the Criminal Finances Bill. The provision gives the British government the power to seize assets of gross human rights violators.

I logged into my bank accounts, and they were all seized, all frozen. So that was a pretty clear indication that I was in big trouble.

Under a Labour government, there's virtually nowhere you can put your savings where they would be safe from the state. ... If you put money in a sock they'd probably nationalize socks.

One of the most offensive actions by the IRS is its continued unlawful seizures of money and assets of innocent Americans, called civil asset forfeiture.

The story started over a decade ago when I ran Hermitage Capital Management, the largest investment firm in Russia. I was very successful, but when I started to complain publicly about corruption at the companies in which my fund invested, President Vladimir Putin had me expelled from the country and declared a threat to national security.

Cannot the poor man's cattle, and horses, and corn be thus taken by the government when the public exigency requires it, and cannot the rich man's bonds and notes be in like manner taken to reach the same end? If the government enacts that the certificates of indebtedness which it gives the farmer for his cattle and provender shall be receivable by the farmer's creditors in payment of his bonds and notes, is it anything more than transferring the government loan from the hands of one man to the hands of another—perhaps far more able to advance it? Is it anything more than putting the securities of the capitalist on the same platform as the farmer's stock?

When you default on a secured debt, the creditor takes the asset that backs up that debt. When you convert credit card debt to mortgage debt, you are securing that credit card debt with your home. That's a risky proposition.

Money laundering is not a crime. It's just because certain men with guns don't like what other people are doing with their own money, so they decide it's okay to lock those people in a cage.

The laboratory where we stored all our negatives went bankrupt overnight following the Asian economic crisis in 1997. So, on short notice, we had to retrieve all the materials in the middle of the night before the debtor-receiver took over the laboratory the next morning.

To a bystander like me, those who made 190 million pounds deliberately underselling the shares of HBOS, in spite of its very strong capital base, and drove it into the bosom of Lloyds TSB Bank, are clearly bank robbers and asset strippers.

The American Justice Department has left us with no choice. Our lawyers say that if we don't register as a foreign agent, the director of our company in America could be arrested, and the accounts of the company could be seized.

All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S.

The authorities in the United States confiscated private gold holdings in the Depression of the 1930's. They may seek to do so again in the Depression of the 1990's.

Tracing, freezing, and return of stolen assets has proved in many cases to be exceptionally difficult for most African countries.

There is no provision for judicial review. It is a strangely undemocratic way to bring democracy to the rest of the world.

I had to deal with terrorist finance. And we had to, if you like, ensure that the accounts of people who were guilty of terrorist finance or using their accounts for terrorist finance were closed down. So we had to do asset freezing.

Current money laundering enforcement practices are the kind of blanket search that the writers of the Constitution sought to prohibit.

I met Lalit Modi in London once. He had apprehensions regarding coming back to India, as his security was withdrawn. He was not worried about cases filed against him.

Every effort must be made to increase forfeiture income.