A Dangerous Precedent


Photo: Svea Herbst- Bayliss

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.

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