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How does the U.S. or any other country have the right to seize Russian property
Posted on 5/2/22 at 5:48 am
Posted on 5/2/22 at 5:48 am
During one of Biden’s recent rants, he talked about Russia being a kleptocracy, and said the U.S. would seize their Ill begotten gains.
First, under what jurisdiction is this possible for us to seize private property from citizens of foreign countries?
Two, if this is possible, can Putin seize the assets of politicians like Biden, Pelosi and the Clinton’s, who certainly have Ill begotten gains?
First, under what jurisdiction is this possible for us to seize private property from citizens of foreign countries?
Two, if this is possible, can Putin seize the assets of politicians like Biden, Pelosi and the Clinton’s, who certainly have Ill begotten gains?
18
Posted on 5/2/22 at 5:55 am to Revelator
I have to agree with you there. I have wondered the same thing for a while now.
Posted on 5/2/22 at 5:55 am to Revelator
It doesn't
Posted on 5/2/22 at 6:02 am to Revelator
Just another democrat taxation tool
Posted on 5/2/22 at 6:03 am to Revelator
quote:
if this is possible, can Putin seize the assets of politicians like Biden, Pelosi and the Clinton’s, who certainly have Ill begotten gains?
Russia Sanctions Joe Biden, Hillary Clinton, and Others
Russia Sanctions 398 Members of Congress
Posted on 5/2/22 at 6:04 am to Revelator
Let's put seizing Russian property aside; the Fed shouldn't be illegally seizing the property of US citizens in the US.
Posted on 5/2/22 at 6:04 am to TigerDoc
Sanctioning a politician is different from seizing their personal assets in their home country.
Posted on 5/2/22 at 6:05 am to Wtodd
quote:
Fed shouldn't be illegally seizing the property of US citizens in the US.
Correct
Posted on 5/2/22 at 6:08 am to Revelator
quote:
other counties
Aren’t free.
quote:
U.S.
We aren’t at war, so you have a hard time saying that there is “Enemy Action”. So you’re left with the usual, immediate illegal seizure with decades of legal work tying everything up until it is returned and paid in full.
Yay big daddy!
Posted on 5/2/22 at 6:12 am to Revelator
He's talking about them stashing assets in the west in violation of sanctions (which they do because they consider it safer despite sanction risks than it is in their own country) but its put at risk of civil forfeiture. With these new harsher sanctions, they'll be looking for new ways to hide it, of course (e.g. new proxies). I don't think it's possible for the USG to seize assets in Russia, btw.
This post was edited on 5/2/22 at 6:25 am
Posted on 5/2/22 at 6:29 am to Revelator
quote:
How does the U.S. or any other country have the right to seize Russian property
Because they say so.
quote:
First, under what jurisdiction is this possible for us to seize private property from citizens of foreign countries?
Sovereign jurisdiction. And again, because we said so. Same for the European nations within their own borders.
quote:
Two, if this is possible, can Putin seize the assets of politicians like Biden, Pelosi and the Clinton’s, who certainly have Ill begotten gains?
If he wants to and they have assets in Russia, sure.
This is not a new thing.
This post was edited on 5/2/22 at 6:30 am
Posted on 5/2/22 at 6:30 am to TigerDoc
quote:
He's talking about them stashing assets in the west in violation of sanctions (which they do because they consider it safer despite sanction risks than it is in their own country) but its put at risk of civil forfeiture.
Wouldn’t the people who’s assets are being seized have to be involved in a crime, or the assets themselves involved in criminal activities for them to be seized?
Posted on 5/2/22 at 6:30 am to Revelator
quote:
Wouldn’t the people who’s assets are being seized have to be involved in a crime, or the assets themselves involved in criminal activities for them to be seized?
Nope. This is not ordinary civil or criminal asset forefeiture. It is done under a pair of laws from the early 1900’s, at POTUS’ discretion.
This post was edited on 5/2/22 at 6:33 am
Posted on 5/2/22 at 7:21 am to Revelator
They seize the property of U.S. citizens who are suspected of committing crimes - civil asset forfeiture.
Posted on 5/2/22 at 7:32 am to LRB1967
Because it’s absolutely BULL shite!!
The US not any other country have the right to seize private property of private Russian citizens! They only do it because we are corrupt but legally we have no right!!
The US not any other country have the right to seize private property of private Russian citizens! They only do it because we are corrupt but legally we have no right!!
Posted on 5/2/22 at 7:33 am to Revelator
Its called might makes right, no "law" or "right" in history had ever really meant shite. Its about the ability to push someones shite in.
Posted on 5/2/22 at 7:34 am to Revelator
The Constitution has letters of marque.
but Congress has to pass them
but Congress has to pass them
Posted on 5/2/22 at 8:01 am to LRB1967
quote:
They seize the property of U.S. citizens who are suspected of committing crimes - civil asset forfeiture.
Right, citizens. Russians aren’t citizens. ( not that seizing our property is right)
Posted on 5/2/22 at 8:03 am to Strannix
These sanctions are more on the spectrum of a war like action and shouldn’t really be looked through the lens of regular peacetime civil laws/rights.
Posted on 5/2/22 at 8:24 am to Srobi14
quote:
These sanctions
Sanctions and seizures are two different things.
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