5 ms·

Details please! I haven't heard about this.

gruez 5y ago
sounds like escheat? https://www.npr.org/transcripts/799345159 https://www.npr.org/transcripts/799345159 >QUINN: Yes. We forget about retirement accounts, insurance policies, safe deposit boxes. When you forget about stuff like that, after a certain amount of time, the state is able to step in, take ownership of your unclaimed stuff and hold onto it until you can come and claim it.
hirundo 5y ago
> Not-So-Safe-Deposit Boxes: States Seize Citizens' Property to Balance Their Budgets (2008) https://abcnews.go.com/GMA/story?id=4832471&page=1 https://abcnews.go.com/GMA/story?id=4832471&page=1
- MeinBlutIstBlau 5y ago
  Wow that is so messed up. I think why the bank settled for that one lady was because they just gave her valuables to the state without notifying her. The bank completely forgoed everything about ethics and likely couldn't tell a judge with a straight face "she was an inactive customer" when she has written documentation from them that she was. Also, California throwing that in the general fund? And people think democrats have their back? A democratic legislature enacted those policies to actively steal from their constituents even faster.
  - tim333 5y ago
    I'm kind of amazed the way these things go in the US, also the recent news that law enforcement took more stuff from people than burglers https://www.washingtonpost.com/news/wonk/wp/2015/11/23/cops-took-more-stuff-from-people-than-burglars-did-last-year/ https://www.washingtonpost.com/news/wonk/wp/2015/11/23/cops-... I thought the laws and constitution were supposed to protect people?
  - CameronNemo 5y ago
    Why are you blaming democrats for civil asset forfeiture in 2008 in California? Arnold was governor at the time, he must have approved the executive action that consisted of the seizure. Edit: not to mention that it was a Democrat, John Chiang, that took on the task of attempting to return the property. I'm not trying to paint democrats as good guys, but I don't know how this event could be used to paint them as bad.
    - MeinBlutIstBlau 5y ago
      In the ABC article posted by the other person, the safe deposit box seizure happened in the 90's
      - CameronNemo 5y ago
        Thanks for that detail, although I'm not sure it changes my point much. s/Arnold/Pete Wilson/ and the parties are still the same.

sounds like escheat? https://www.npr.org/transcripts/799345159 https://www.npr.org/transcripts/799345159 >QUINN: Yes. We forget about retirement accounts, insurance policies, safe deposit boxes. When you forget about stuff like that, after a certain amount of time, the state is able to step in, take ownership of your unclaimed stuff and hold onto it until you can come and claim it.

hirundo 5y ago

> Not-So-Safe-Deposit Boxes: States Seize Citizens' Property to Balance Their Budgets (2008) https://abcnews.go.com/GMA/story?id=4832471&page=1 https://abcnews.go.com/GMA/story?id=4832471&page=1

MeinBlutIstBlau 5y ago
Wow that is so messed up. I think why the bank settled for that one lady was because they just gave her valuables to the state without notifying her. The bank completely forgoed everything about ethics and likely couldn't tell a judge with a straight face "she was an inactive customer" when she has written documentation from them that she was. Also, California throwing that in the general fund? And people think democrats have their back? A democratic legislature enacted those policies to actively steal from their constituents even faster.
- tim333 5y ago
  I'm kind of amazed the way these things go in the US, also the recent news that law enforcement took more stuff from people than burglers https://www.washingtonpost.com/news/wonk/wp/2015/11/23/cops-took-more-stuff-from-people-than-burglars-did-last-year/ https://www.washingtonpost.com/news/wonk/wp/2015/11/23/cops-... I thought the laws and constitution were supposed to protect people?
- CameronNemo 5y ago
  Why are you blaming democrats for civil asset forfeiture in 2008 in California? Arnold was governor at the time, he must have approved the executive action that consisted of the seizure. Edit: not to mention that it was a Democrat, John Chiang, that took on the task of attempting to return the property. I'm not trying to paint democrats as good guys, but I don't know how this event could be used to paint them as bad.
  - MeinBlutIstBlau 5y ago
    In the ABC article posted by the other person, the safe deposit box seizure happened in the 90's
    - CameronNemo 5y ago
      Thanks for that detail, although I'm not sure it changes my point much. s/Arnold/Pete Wilson/ and the parties are still the same.