Can someone help me understand this? If the reports are accurate, Bernie Madoff’s wife Ruth is having all of her assets seized save $2.5MM. Problem is that she inherited far more assets in her own right. Is the Department of Justice now free to simply take the personal assets of a spouse that were owned free and clear of the proceeds of their spouse’s crime?
Lest you think this is not an important point, remember that several 100,000 pages of legislation is working its way through Congress under which it will be relatively easy to declare us all criminals. Indeed, the government has been known to falsify evidence in an attempt to frame innocent people on criminal charges.
Marriage is a civil contract that involves government in our business. Perhaps the time has come to forge family bonds without the involvement of government.
Don’t we just have to expect this to happen when a crime of such gigantic proportions is committed? A more severe example than this really needs to be made. How about the sons who were in business with him? How about their assets?
I really don’t know what is really just given the circumstances and the confusion of our laws today. I think the general public would support even more punitive action.
The average despoiled citizen would probably think $2.5mm was alot and generous.
I don’t think any of the Madoffs are innocent people. They are all big supports and facilitators of the new world order and its many crimes.