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Ashcroft v. Registrars on Domain Property Status
pbuxton writes "Here's a CNN story about the confiscation of domain names by law enforcement. An interesting dilemma noted in the story is that a domain name is either a mere service, which would let Verisign, et al., off the legal hook for mismanagement, or it is property which can be siezed by police and judges." This story mentions (and adds some perspective) to the recent seizure of ISOnews.com.
You kidding? All that's just wealth redistribution--someone somewhere winds up with the cash. All of it goes back into the big economic bucket to be taxed and taxed again.
Here's the real problem: The vast majority of the offender's assets are simply destroyed. Ever wonder what happens to those tons of pot that get confisticated? Well, it's all burned. Millions of dollars of pot that could be used to pay for more drug enforcement officers confisticating more pot just goes to waste right there.
Whats worse, the destruction of these real assets then leads to inflation and trade imbalances.
Now, some people whine about tax cuts for the rich. Don't make me laugh! Who do you think is harmed most when the price of drugs goes up 250% after a raid? That's right, it's the people who have real jobs as CEO's and Congressmen, who then have to go out and blow their hard-earned income on artificially price-inflated cocaine. The dealers don't shoulder that cost, let me tell you--it's the customer that gets it in the ass.
I call on all true patriots to write their representatives requesting that taxes on the rich be eliminated, and the lost revenue be made up by selling confisticated narcotics in schools from low-income districts.
God bless America, George Bush, and John Ashcroft!
I was disappointed. Knowing that some ex-h@x0rs work for DoJ, I was expecting to find the following at the isonews.com website:
m3ss w1f d@ b3st, d13 l1k3 th3 r3st! d0j 0wnz u!
sp3c1@l gr33ts t0 0ur l33t h@x0r fr13ndz:
g33 duby00
d3p@rtm3nt 0f d3f3nz3
s@dd@m, w3'r3 c0ming f0r u!