[Ken H]

Some history =>

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The Bank Secrecy Act of 1970 (or BSA, or otherwise known as the Currency and Foreign Transactions Reporting Act) requires financial institutions in the United States to assist U.S. government agencies to detect and prevent money laundering.

Specifically, the act requires financial institutions to keep records of cash purchases of negotiable instruments, and file reports of cash purchases of these negotiable instruments of more than $10,000 (daily aggregate amount), and to report suspicious activity that might signify money laundering, tax evasion, or other criminal activities.

http://en.wikipedia.org/wiki/Bank_Secrecy_Act

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BushI, March 05, 1991 =>

Asset forfeiture laws allow us to take the ill-gotten gains of drug kingpins and use them to put more cops on the streets and more prosecutors in court.

In the last 5 years alone, the Justice Department shared over half a billion dollars in forfeited assets with State and local law enforcement.

http://bush41library.tamu.edu/archives/public-papers/2764

[ConservingFreedom]

"Asset forfeiture laws allow us to take the ill-gotten gains of drug kingpins and use them to put more cops on the streets and more prosecutors in court."

The War on Drugs was a con job - the goal was always more power.