In the story entitled “$3.3 million in suspect cash is seized “, we encounter a hint of another way the federal government has eroded property rights:
Under federal law, the money was turned over to the U.S. Drug Enforcement Administration. If the driver can’t provide proof he obtained the money legally, federal law requires that it be divided between Pontoon Beach police and federal agencies.
Understand that, citizen. The government can seize an amount of cash from you that it considers suspicious and can place the burden of proof upon you to convince them that it’s your money; if you cannot convince them to your satisfaction, they get to keep it.
Sure, this story is about $3.3 million, but it includes other enumerations as well:
“We catch people with anywhere from $5,000 or $6,000 all the way up to a half million usually,” said St. Louis police spokesman Sgt. Sam Dotson.
Carry five grand in cash on your person on your way to buy a car, and the government can take it from you. Sleep tight, citizens, in the bed you have at your government’s leisure.