Stealing Homes

newtboysays...

If this wasn’t Stossel, I might upvote, but because it is him, I’m feeling relatively certain that his eventual conclusion is faulty and many facts are just wrong. Remember, he’s the person who sued Facebook when he claimed the 2020 forest fires were primarily caused by forest mismanagement not climate change and Facebook labeled it “Missing Context. Independent fact-checkers say this information could mislead people.”

It’s a near certainty that salient facts are being hidden to make it seem local government is stealing houses over $8 bills. That is how Stossel “reports”. For instance, any loans, mortgages, judgements, fines, outstanding bills in collections, overdue taxes, the cost of seizure, the cost of the sale, the cost to bring the home into sellable condition, etc are all paid from the proceeds before the “owner” would have any claims….and the government gets to estimate the value at seizure and set the starting auction bid accordingly.

The IRS seizes homes around 300 times per year, most are worth less than the debt owed.

Asset forfeiture is wrong. It’s legalized theft. I wish I could trust the source enough to support this video.

Send this Article to a Friend



Separate multiple emails with a comma (,); limit 5 recipients






Your email has been sent successfully!

Manage this Video in Your Playlists




notify when someone comments
X

This website uses cookies.

This website uses cookies to improve user experience. By using this website you consent to all cookies in accordance with our Privacy Policy.

I agree
  
Learn More