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American Borders Forum

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Should The U.S. Government Be Able To Sieze Assets Hidden In Foreign Banks?: Left of Center View

To answer this question fairly you need to change U.S. to Chinese and ask it again. Should the Chinese government be allowed to seize assets in U.S. banks? Changing the question just a little really changes the perspective a lot.

We certainly don't want other countries to have the ability to interfere with our banking institutions. Do business with them, fine, great, wonderful, but they don't have any jurisdiction so they can't seize assets or force actions of any kind. The possibilities for abuse are monumental, and not just from the smaller dictator run countries. How do you think the Germans were able to finance most of WWII? Families are still fighting for the return of artifacts that were "legally seized."

We often make the mistake of legislating from a single instance or story. We pass laws like we fight wars, reacting to the previous events. But as times and situations change, so to must our responses to them. With the current economic crisis and astronomic levels of corporate corruption, we should do what we can to recover as much of the ill gotten gains as possible. But at the same time we need to remember that the laws we pass today will still be in effect tomorrow, and the day after, etc., long after the current crisis has over.

Congress gave the Bush administration authority to do what was needed in the days after 9/11. Cheney and the boys used it to invade Iraq, something they had been chomping at the bit to do since the early Ford administration, even though the terrorists were hiding in Afghanistan. Now the war is a mess, the people that started it have made their profits and moved on, but the mess remains. In the days after 9/11 giving the President the power to go after the people that had attacked us seemed like the right thing to do, and it probably was, he just choose not to do the right thing.


Kyle Pesonen - Staff Writer | E-mail Comments on this column. | Click icon to Digg this article

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Should TARP Funds Be Used To Bail Out Foreign Banks?

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Should The U.S. Government Be Able To Sieze Assets Hidden In Foreign Banks?: Right of Center View

Short answer is hell yes if they are criminals! If you have nothing to hide you have nothing to worry about in a situation like this. The people hiding their money in foreign banks are usually tax cheats and criminals. We pay higher taxes because they cheat on theirs or don’t pay any at all.

Now I am not a fan of government getting into people’s private affairs but when people are hurting Americans and then getting away with it I get more than a little annoyed. You’ve got these Bernie Madoff people cheating old ladies out of their life savings and then carting all their money off to the Bahamas and Switzerland where nobody can touch it. The government needs to set up agreements with these other countries to hold these people accountable for their actions. Between the corporate cheats and the drug dealers we could probably pay off the national debt by seizing their assets.

There do need to be some conditions though. Government should not be able to just run willy-nilly over our Constitutional rights for no reason. They should be required to be able to prove that some sort of criminal activity has occurred before they can start busting into people’s private bank accounts. We’re not China or the USSR after all. People do have rights and there needs to be due process before the government takes people’s stuff.

The bottom line is that when people break the law they need to be held accountable. If you steal from people there needs to be some way for the authorities to get back your ill-gotten gains. If you’re selling drugs to people and messing up their lives you should lose all your money. There is no legitimate reason to hide assets overseas so if you’re doing it you’re likely up to no good. The government can access your bank accounts in America for law enforcement purposes and it should be no different for money stashed away outside the U.S.

The Realist - Patriot at Large | E-mail Comments on this column. | Click icon to Digg this article

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Should TARP Funds Be Used To Bail Out Foreign Banks?

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A Legal Immigrant’s Perspective

If you are not a Native American, you are an immigrant, so am I. I came legally to this country at the age of five with my parents who worked hard, paid taxes (even Jesus paid taxes), lived by the rules of this great nation and never took or accepted a penny from the government. We came seeking FREEDOM from a communist country. It was months before we were able to enter the US legally. I remember us getting medical exams, shots (small pox), background check, references, and going through numerous interviews once we arrived. I also remembered people coming to the US from all over the world who waited years since it was based on "Quotas". Read more...

Solving Our Immigration Problem

The major problem our country is facing with illegal immigrants today is because of the exploitation of these immigrants. We believe the solution to this problem is two-fold. First, we should allow more immigrants in this country to cut down on the number of illegal ones. Second, all immigrants should be educated about their rights at the expense of the government. Below, you will find an in-depth look at our suggested reforms.

Reforms for immigration limitations:

-New immigrants can't equal more than 1% of the US population in a given year (the population being from the last recorded census). That 1% will be further divided up to allow only a certain number of immigrants each month.
-Each country of origin for immigrants will be allowed a certain percentage of that 1%. No country could receive more than 10% of the total amount and no country can receive less than .1% of it. The left over percentage will be divided up between all countries as follows: Read more...

Do Elements Within the La Raza Movement Pose a Threat to America?

La Raza means literally “The Race” in Spanish. The movement was formed in 1968 to promote the interests of the Mexican-American community. Like the NAACP and other affirmative-action minded organizations, La Raza has many members that are interested in being part of America and promoting equality for all Americans. The fundamental goals as stated by the movement are benign and represent the ideals of American diversity and cultural pride.

There is another movement affiliated with La Raza that has historically been more militant and still maintains documents within their organization that point to isolationistic views Read More

A Plan

The one major thing that seems to be lacking in the immigration debate is a real plan that addresses the legitimate concerns with illegal immigration. There are strong opinions on both sides and a lot of rhetoric but there isn’t really any solid plan being promoted to address the illegal immigration issue in a way that is both fair and logical.

So, that being said here is my idea:Read More

Trucking Cross Borders

This is mainly a concern for the trucking business. If we allow these people to come into our country, bringing cargo that we in America have, and can supply, then we are saying that the American working people are not needed, and have lost all say to legally enforced DOT (Department of Transportation) laws.Read More



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