Police Civil Asset Forfeitures Exceed All Burglaries in 2014

November 18th, 2015

Via: Armstrong Economics:

Between 1989 and 2010, U.S. attorneys seized an estimated $12.6 billion in asset forfeiture cases. The growth rate during that time averaged +19.4% annually. In 2010 alone, the value of assets seized grew by +52.8% from 2009 and was six times greater than the total for 1989. Then by 2014, that number had ballooned to roughly $4.5 billion for the year, making this 35% of the entire number of assets collected from 1989 to 2010 in a single year. According to the FBI, the total amount of goods stolen by criminals in 2014 burglary offenses suffered an estimated $3.9 billion in property losses. This means that the police are now taking more assets than the criminals.

Posted in Collapse, Economy, Police State | Top Of Page

One Response to “Police Civil Asset Forfeitures Exceed All Burglaries in 2014”

  1. tal says:
    November 23, 2015 at 10:35 am

    Cops Now Using Prepaid Card Readers to Rob Motorists of Digital Funds on Roadside
    http://www.activistpost.com/2015/10/cops-now-using-prepaid-card-readers-to-rob-motorists-of-digital-funds-on-roadside.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ActivistPost+%28Activist+Post%29

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