Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of MacroBest OfAll BoardsThe Shrewd’m Weekly ¤Learn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of MacroBest OfAll BoardsThe Shrewd’m Weekly ¤Learn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", sykesix asked the members: "What do you do if you arrive early at movie besides go to the snack bar?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (21) |
Author: Steve203 ⎊❂🐝 HONORARY
SHREWD
  😊 😞

Number: of 4769 
Subject: Re: ExxonMobil Position on Venezuela
Date: 01/12/26 2:43 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 0


That's not really how it works. Forfeiture laws are (generally) tailored to required seized assets to be used in, or result from, the crime. That requires a level of causation that is typically more than just "but/for"

The Michigan law is rather notorious. The net sifter pointed out the amendment that required the person actually be convicted, before their stuff is taken. Prior to that, you only had to be in the wrong place, at the wrong time, so see your car, or the contents of your wallet, seized. Hypothetical: say you were giving a lift to a friend. You had no idea he was a low level weed dealer. You deliver your friend where he wanted to go, the police jump out, collar him, and take your car. You have committed no crime, never even charged, or held on suspicion, but your car is gone. The Michigan law nets millions of dollars per year, and, previously, without that Constitutional thing about "cannot be deprived of life, liberty, or property, without due process of law".

Steve
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to Steve203 here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 4,762 posts about Macroeconomic Trends & Risks. The article-length ones it recommended most:
AI Tarpits · 36 recs · 2026
End of an era - profit slowdown · 36 recs · 2023
Control Panel: Trend changes in 2026 · 34 recs · 2026
From the Oregon Bay Area (a blogger) · 33 recs · 2025
Lerner Symmetry Theorem · 32 recs · 2025
Unthreaded | Threaded | Whole Thread (21) |


Announcements
Macroeconomic Trends & Risks FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community | Privacy