Amendment V
No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a grand jury, except in cases arising in the land or naval forces, or in the militia, when in actual service in time of war or public danger; nor shall any person be subject for the same offense to be twice put in jeopardy of life or limb; nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.
Perhaps a bit technical, but it seems to me that one could argue both sides.
Well, I understand your point, but, if you get your bank accounts frozen and then can't pay your mortgage, I think you'd have a different view.
Does this mean that the funds of the Democratic National Committee are frozen? Or do we have to wait until the Sec of Treasury names them.
I believe this has been used before to freeze bank accounts of known terrorists or rogue governments. We froze Iraq’s bank accounts during the first gulf war. This is targeted at Iran and will, in effect, make it very risky for companies who have US assets to do business with Iran and Syria. The screaming will come from multinational corporations who are presently doing business with Iran and Syria.
We should find out soon about constitutionality. It is sure to be challenged. Can’t wait until Reid or Pelosi starts screaming that Bush is trying to freeze their assets.
The courts will get to hear about this. I wonder how many of the posters here would be screaming if the order said that assets would be frozen for those who hire illegal aliens?
Hey, it works for the EPA. They don’t “take” your property, they just block you from using it. And we’re all for that, eh?
The connection to the Fifth Amendment can be summarized in two words and three letters: “tax returns” and “IRS”...