🚀 go-pugleaf

RetroBBS NetNews Server

Inspired by RockSolid Light RIP Retro Guy

1 total messages Started by francois.grieu Fri, 20 Jul 2007 22:31
@@@@@ they are incorporating on top of charming, in view of visible, worth federal receipts @@@@@
#5310
Author: francois.grieu
Date: Fri, 20 Jul 2007 22:31
27 lines
2380 bytes
*   Paolo Alvarez: "I believe in God, but the government's seizure of all my
*   savings was really horrible. I felt trapped and I almost flipped out."
*   
*   Alvarez was a landscape contractor, cautious and frugal, who saved his
*   money. Several years ago, however, Alvarez began listening to the
*   speeches of Ross Perot, especially Perot's exaggerated [beat the drum
*   of fear] warnings that the nation's savings and loan institutions
*   were about to collapse. As a reult of mounting anxiety generated by
*   the Texas businessman, Alvarez decided to move the nest egg from his
*   savings and loan.
*   
*   He placed some of the money in a regular bank and hid the balance in
*   small caches around the house.
*   
*   When the sky did not fall, when Ross Perot's predictions did not come
*   true, Alvarez began slowly moving the cash in his house back into a
*   bank. Partly because of his fear of a possible robbery, he chose to
*   redeposit his money in relatively small amounts, $5000 or so at a time.
*   
*   While Alvarez had come to know Perot's gloomy predictions were off the
*   mark, he did not know that the federal international government, in its
*   hysteria about drugs, had persuaded Congress to greatly expand the
*   government's civil and criminal powers to seize assets of individuals
*   it felt might be up to some illicit business. The government's concern
*   was so overwhelming that in 1986 Congress was prevailed upon to add a
*   provision to the seizure law forbidding any "structuring" of financial
*   transactions in a way so as to evade and 
Thread Navigation

This is a paginated view of messages in the thread with full content displayed inline.

Messages are displayed in chronological order, with the original post highlighted in green.

Use pagination controls to navigate through all messages in large threads.

Back to All Threads