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To: krazyrep
This - in my view - turns the legal definition of money laundering on its head. DeLay & Co. are accused of intending to put money gained from a legal source to an allegedly illegal use, whereas money laundering is the process of transferring, in some legal fashion, money gained through illegal activity in order to conceal its origin.

That's my whole point. The judge is re-defining the Texas money laundering statute to mean something entirely different that what it plainly says in an effort to convict Tom Delay.

51 posted on 12/06/2005 12:07:57 PM PST by vrwc1
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To: vrwc1
That's my whole point.

Agreed. I was just putting a little background to it. I'm guessing as to the specifics, but I think this bodes well overall for DeLay.

I also think that a guilty verdict could potentially be challenged on First Amendment grounds, as it would produce a chilling effect on corporate political contributions - which the Supreme Court has ruled is a de facto violation of free speech. Corporate entities could be inhibited from making their contributions fearing that any monies paid to candidates in like amounts could be perceived as money laundering, even though there was no intent. SOme might argue that guarding against corruption overrules this, but I think it a valid argument to be made.

54 posted on 12/07/2005 8:57:11 AM PST by krazyrep (Demolib Playbook Rule #2: If you can't beat 'em, filibuster. If that doesn't work, go to court.)
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