View Poll Results: Should governments be allowed to steal money from "idle" bank accounts?

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Thread: Should governments be allowed to steal money from "idle" bank accounts?

  1. #21
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    Re: Should governments be allowed to steal money from "idle" bank accounts?

    Quote Originally Posted by MaggieD View Post
    *shrug* How do you auction off cash?
    Highest bidder?

    Another consideration might be items that are in a person's name that must be legally transferred, etc. How would that be handled?

    Then again, the same kind of stuff could be in a basic storage unit, as well.
    If you claim sexual harassment to be wrong, yet you defend anyone on your side for any reason,
    then you are a hypocrite and everything you say on the matter is just babble.

  2. #22
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    Re: Should governments be allowed to steal money from "idle" bank accounts?

    Quote Originally Posted by radcen View Post
    Highest bidder?

    Another consideration might be items that are in a person's name that must be legally transferred, etc. How would that be handled?

    Then again, the same kind of stuff could be in a basic storage unit, as well.
    It's very simple on Illinois' website. The forms one fills out allow for heirs and next of kin to take possession. I'm not going to address the storage unit analogy. It's not the same thing. Money someone owes you or money you've entrusted to a financial institution is not the same as an old dresser.

  3. #23
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    Re: Should governments be allowed to steal money from "idle" bank accounts?

    Quote Originally Posted by voyager1 View Post
    Why did you take my comments out of context?
    It was the only part I wanted to address.
    Haymarket's "support" of the 2nd Amendment, a right he believes we never had.
    Quote Originally Posted by haymarket View Post
    no. You cannot lose rights you do not have in the first place. There is no such thing as the right to have any weapon of your choice regardless of any other consideration. It simply does not exist.

  4. #24
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    Re: Should governments be allowed to steal money from "idle" bank accounts?

    Quote Originally Posted by MaggieD View Post
    And that is exactly the reason unclaimed property should be turned over to the state. I don't know the particulars. Didn't read the link. But if she failed to pay her safe deposit rental, the bank had no obligation to store her things ad infinitum. And that is why they should be turned into the state for processing and eventual reversion to the state treasury.
    Maggie, she didn't, read the link. There is no reason to suggest that she did, in fact:

    Carla had a checking account at the bank, too -- still does -- and receives regular statements. Plus, she has receipts showing she's the kind of person who paid her box rental fee.
    You are absolutely wrong here.
    Haymarket's "support" of the 2nd Amendment, a right he believes we never had.
    Quote Originally Posted by haymarket View Post
    no. You cannot lose rights you do not have in the first place. There is no such thing as the right to have any weapon of your choice regardless of any other consideration. It simply does not exist.

  5. #25
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    Re: Should governments be allowed to steal money from "idle" bank accounts?

    Quote Originally Posted by Lachean View Post
    It was the only part I wanted to address.
    It changes the context of what I wrote.

  6. #26
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    Re: Should governments be allowed to steal money from "idle" bank accounts?

    Quote Originally Posted by Lachean View Post
    Maggie, she didn't, read the link. There is no reason to suggest that she did, in fact:



    You are absolutely wrong here.
    "She had receipts [for other stuff] showing she was the kind of person who paid her ..." So she didn't have receipts (and therefore proof) for her box rental.
    Don't work out, work in.

    Never eat anything that's served in a bucket.

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    Re: Should governments be allowed to steal money from "idle" bank accounts?

    Quote Originally Posted by voyager1 View Post
    It changes the context of what I wrote.
    No it really doesn't
    Haymarket's "support" of the 2nd Amendment, a right he believes we never had.
    Quote Originally Posted by haymarket View Post
    no. You cannot lose rights you do not have in the first place. There is no such thing as the right to have any weapon of your choice regardless of any other consideration. It simply does not exist.

  8. #28
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    Re: Should governments be allowed to steal money from "idle" bank accounts?

    Quote Originally Posted by Manc Skipper View Post
    "She had receipts [for other stuff] showing she was the kind of person who paid her ..." So she didn't have receipts (and therefore proof) for her box rental.
    Just how do you make this determination? Baselessly?
    Haymarket's "support" of the 2nd Amendment, a right he believes we never had.
    Quote Originally Posted by haymarket View Post
    no. You cannot lose rights you do not have in the first place. There is no such thing as the right to have any weapon of your choice regardless of any other consideration. It simply does not exist.

  9. #29
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    Re: Should governments be allowed to steal money from "idle" bank accounts?

    Quote Originally Posted by MaggieD View Post
    The government should be able to confiscate abandoned funds. After! it's made every attempt to locate the owner. I'd say five-years-idle might be a general rule. Anything less than five years, in my opinion, is inappropriate.
    1.Why should the government be allowed to look for money to steal?

    2.You are aware that many people save their money? Savings accounts usually pay interest if you leave a certain amount of money in that account without touching it.
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

    Cicero Marcus Tullius

  10. #30
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    Re: Should governments be allowed to steal money from "idle" bank accounts?

    Quote Originally Posted by radcen View Post
    I'm going to play Devil's Advocate for both of you here...

    James: Why not the government?
    It is not theirs.


    It's not practical to have money sitting around forever. As I understand it, it costs money to maintain idle accounts. Should businesses be forced to absorb that cost forever?
    Actually it is practical.Bank accounts usually pay interest. Its why people save money.

    This basically provides a simple easy to understand explanation.
    TheMint.org - Tips For Teens - How Banks Work
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

    Cicero Marcus Tullius

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