- Law Lets I.R.S. Seize Accounts on Suspicion, No Crime Required
"An Iowa woman named Carole Hinders saw her bank balance go from $33,000 to zero thanks to IRS confiscation. Hinders, who owns a small, cash-only Mexican restaurant, has not been charged with any crime and is not suspected of tax fraud. The IRS says they took her money solely because she deposited too little of it at a time, and the agency claims she did so to avoid the required reporting of any bank transaction over $10,000. She says she just thought it was helpful to save the bank paperwork.
"Though the $10,000 rule is ostensibly designed to help catch terrorists and drug dealers, it is far more often used on regular citizens who are unlikely to ever see their money returned. 'I don't think really interested in anything,' said a lawyer representing another seizure case. 'They just want the money'.
"To keep her restaurant afloat following the confiscation of her savings, Hinders has had to take out a second mortgage and max out her credit cards. 'How can this happen?' she asks. 'Who takes your money before they prove that you've done anything wrong with it?'
see my tags above
PS - It's a money-trap CATCH-22. Deposit over $10,000, and get investigated, etc. Deposit amounts under $10,000, discretely, and be investigated - and harassed - even robbed.
This is where the "Tyranny of Pattern-Recognition" gets us - where CENTRAL OBSERVERS and computers make superstitious assumptions based on supposed "patterns" they see, with a paucity of extraneous factorings, targetting innocent people for non-crimes, or crimes they are expected to commit in the future, etc. This is a centralisation of what once used to be a democratic social calculus of TRUST itself. It is a control which means to, therefore, ultimately replace money. Judgements made by this artiface of "intelligence" are executed as if they are laws, even though they may be gross mistakes, inhumanities, and violations of Common, and other Laws. Technocratic FASCISM. Enough of this idolising of computers as something being super-human, super-right. Human beings are the most robust calculators and predictors. Observers.