The Humble Libertarian

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Sunday, August 5, 2012

Federal Asset Forfeiture Continues to Skyrocket Under Obama

The Justice Department's asset forfeiture fund under President Obama is the largest it's ever been, having grown from $500 million in 2003, to $1.8 billion in 2011, according to a new report from the GAO.

In addition to the fund's size, payments from the fund to local law enforcement agencies totalled $445 million in 2011, another all-time high. These payouts are part of the DOJ's "equitable sharing agreement," which incentivizes local cops to conduct federal raids. They then get a portion of the assets seized during the raid (more money if they contribute more resources). That money is then used to finance SWAT and paramilitary training, as well as the acquisition of military grade weapons and equipment.
Read the rest here

For more on civil forfeiture, see:

Civil Forfeiture Laws are an Instrument of Government Plunder and Terror

Judy Morris,
Blogger, THL
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