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Ted Cruz: El Chapo's $12.6B fortune should fund Trump's border wall Login/Join 
Mired in the
Fog of Lucidity
posted
Preach it Ted!!



Republican Opens a New Window. Texas Sen. Ted Cruz is re-upping a proposal to fund President Trump’s border wall – by requiring drug kingpin Joaquin “El Chapo” Guzman Opens a New Window. and other convicted drug lords pay for it.

In an interview with TMZ released on Thursday, Cruz said El Chapo’s criminal enterprise is worth billions of dollars, which should be used to secure the border.

The comments come after a federal judge in New York sentenced El Chapo to life in prison. He is believed to have smuggled about $12 billion worth of drugs across the U.S. border.

He was ordered to pay $12.6 billion in forfeiture.

Cruz wants the money forfeited by El Chapo – and other drug lords – to be funneled to border security and toward funding the wall.

“I think the next step is to criminally forfeit his entire global criminal enterprise – it’s worth billions – and we should use every penny of that money to build the wall and secure the border,” Cruz said.

Cruz acknowledged that finding and obtaining those assets would be no simple task.

Trump is allegedly on board, Cruz told TMZ. The president has promised Americans that Mexico would pay for the construction of the border wall.

El Chapo was charged with allegedly moving nearly 500 tons of cocaine across the U.S.-Mexico border, murder and money laundering, among other things.

He is also known for his legendary, and elaborate, second escape from a Mexican prison in 2015, which featured a mile-long tunnel and a motorcycle track.

Guzman was head of the Sinaloa cartel and is considered by the U.S. government to be one of the most powerful drug lords of all time.

Cruz originally unveiled the Ensuring Lawful Collection of Hidden Assets to Provide Order (EL CHAPO) Act two years ago – at a time when a debate over funding for the border wall threatened to shut down the government.

Trump has harped on the border wall as an instrumental tool for stopping drugs from pouring into the U.S. and poisoning America’s youth.



https://www.foxbusiness.com/po...el-chapo-border-wall
 
Posts: 4850 | Registered: February 10, 2007Reply With QuoteReport This Post
Wait, what?
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You’d think the demorats would be all over this, since it keeps taxpayer money out of the wall. The reality is, they are already trying to think of ways to line their pockets with it.




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Posts: 15985 | Location: Martinsburg WV | Registered: April 02, 2011Reply With QuoteReport This Post
Not really from Vienna
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It’s a damn good idea, which is why it probably hasn’t got a chance.

This message has been edited. Last edited by: arfmel,
 
Posts: 27275 | Location: SW of Hovey, Texas | Registered: January 30, 2007Reply With QuoteReport This Post
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Such a simple and appropriate use of confiscated funds that it shouldn't even be remotely confrontational, which tells you everything you need to know about the current Dem party. Nothing will be permitted to impede their new voters from making it into this country. Nothing.


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Guns are awesome because they shoot solid lead freedom. Every man should have several guns. And several dogs, because a man with a cat is a woman. Kurt Schlichter
 
Posts: 33845 | Location: Orlando, FL | Registered: April 30, 2006Reply With QuoteReport This Post
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quote:
Originally posted by arfmel:
It’s damn good idea, which is why it probably hasn’t got a chance.
Maybe not, but at a minimum it will be one more club to use next year in savaging the Dems and their presidential candidate as America hating filth who don't give a damn about the Americans that elected them.


-----------------------------
Guns are awesome because they shoot solid lead freedom. Every man should have several guns. And several dogs, because a man with a cat is a woman. Kurt Schlichter
 
Posts: 33845 | Location: Orlando, FL | Registered: April 30, 2006Reply With QuoteReport This Post
Oriental Redneck
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Of course, the commies won't go for it. Anything to derail Trump's plan to secure and make America great is what they'll do.


Q






 
Posts: 28204 | Location: TEXAS | Registered: September 04, 2008Reply With QuoteReport This Post
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Mexico's new president wants the money returned to Mexico. Andrés Manuel López Obrador and the Democrats will have to fight over it.


If people would mind their own damn business this country would be better off. I owe no one an explanation or an apology for my personal opinion.
 
Posts: 11211 | Location: Somewhere north of a hot humid hell in the summer | Registered: January 09, 2009Reply With QuoteReport This Post
The 2nd guarantees the 1st
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Dems next cry will be to use this to fund and take care of those poor undocumented aliens. OR to make health care available for everyone.



"Even if the world were perfect it wouldn't be." ... Yogi Berra
 
Posts: 1916 | Location: York County, VA | Registered: August 25, 2007Reply With QuoteReport This Post
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quote:
Originally posted by az4783054:
Mexico's new president wants the money returned to Mexico. Andrés Manuel López Obrador and the Democrats will have to fight over it.


Returned to Mexico, hmmm. Would it be a safe assumption that the majority of that money came from the U.S. in some form or fashion? If so, I'm thinking the money ought to remain here - especially as this country is the only one with the fortitude to capture this violent criminal and put him on trial.




 
Posts: 5072 | Location: Arkansas | Registered: September 04, 2008Reply With QuoteReport This Post
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That would be perfect!
 
Posts: 1396 | Registered: August 25, 2018Reply With QuoteReport This Post
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quote:
Originally posted by az4783054:
Mexico's new president wants the money returned to Mexico. Andrés Manuel López Obrador and the Democrats will have to fight over it.
Trump should call this midget and tell him, "One more word about these funds and I'll turn off all remittances passing from the US to Mexico. Got it Juan?"


-----------------------------
Guns are awesome because they shoot solid lead freedom. Every man should have several guns. And several dogs, because a man with a cat is a woman. Kurt Schlichter
 
Posts: 33845 | Location: Orlando, FL | Registered: April 30, 2006Reply With QuoteReport This Post
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The Mexican president also thinks the life sentence handed down to el chapo is inhumane.

https://www.yahoo.com/news/mex...xpect-133746335.html

https://finance.yahoo.com/vide...aqu-n-204021846.html


If people would mind their own damn business this country would be better off. I owe no one an explanation or an apology for my personal opinion.
 
Posts: 11211 | Location: Somewhere north of a hot humid hell in the summer | Registered: January 09, 2009Reply With QuoteReport This Post
Donate Blood,
Save a Life!
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quote:
Originally posted by az4783054:
The Mexican president also thinks the life sentence handed down to el chapo is inhumane.


As was all of the things the guy did to many, many people, so do we really care what the Mexican president thinks?

Nah, I didn't think so.


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Posts: 2194 | Location: Georgia | Registered: July 19, 2008Reply With QuoteReport This Post
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quote:
"We will continue to create a better society, supported by values, that is not based on accumulating material wealth, money or luxury," Lopez Obrador said.

Explain that to the majority of your citizens, that struggles with needless bureaucracy, judicial corruption, accepted criminality, and a thriving corridos music genre that celebrates the criminal life.
 
Posts: 15190 | Location: Wine Country | Registered: September 20, 2000Reply With QuoteReport This Post
His diet consists of black
coffee, and sarcasm.
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Now this (if followed through) is a legitimate application of asset forfeiture.
 
Posts: 29047 | Location: Johnson City, TN | Registered: April 28, 2012Reply With QuoteReport This Post
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quote:
Originally posted by egregore:
Now this (if followed through) is a legitimate application of asset forfeiture.


Yeah, ill-gotten gains and El Chapo was convicted. That's what asset forfeiture should be.

Anyway, I doubt the US gov't gets a dime out of him unless it's physically located in the US. It's not like we're gonna auction off his property in Mexico. Pretty sure Mexico is gonna take that for themselves and not send a dime of it north.
 
Posts: 3816 | Location: Cave Creek, AZ | Registered: October 24, 2005Reply With QuoteReport This Post
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posted Hide Post
quote:
Originally posted by Rick Lee:
quote:
Originally posted by egregore:
Now this (if followed through) is a legitimate application of asset forfeiture.


Yeah, ill-gotten gains and El Chapo was convicted. That's what asset forfeiture should be.

Anyway, I doubt the US gov't gets a dime out of him unless it's physically located in the US. It's not like we're gonna auction off his property in Mexico. Pretty sure Mexico is gonna take that for themselves and not send a dime of it north.


Good luck finding any of his fortune. You might find tiny bits and pieces, but the bulk of it is going to be in so many shell corporations, cash, and hidden so deep that nobody can find it except his main guy below him and his book keeper. Otherwise rival cartels would simply just burn it all to the ground in a turf war. Also I highly doubt he has every single dollar he ever made either...….I'm sure he does have a lot, but so are drug traffickers carrying costs like security and the army they employ as well as bribes.
 
Posts: 21428 | Registered: June 12, 2005Reply With QuoteReport This Post
Don't Panic
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quote:
Originally posted by marksman41:
quote:
Originally posted by az4783054:
Mexico's new president wants the money returned to Mexico. Andrés Manuel López Obrador and the Democrats will have to fight over it.


Returned to Mexico, hmmm. Would it be a safe assumption that the majority of that money came from the U.S. in some form or fashion? If so, I'm thinking the money ought to remain here - especially as this country is the only one with the fortitude to capture this violent criminal and put him on trial.

Yeah, all those dollars....must have originated in Mexico! Roll Eyes

Two possibilities.
  • It was counterfeit, printed in Mexico, so in that case it originated in Mexico but is worthless...no point sending it anywhere but the trashcan. I don't think this is the case, but it's the only case where this money 'originated' south of the border.

  • It is suspected of being proceeds from illegal operations and thus subject to US civil forfeiture, and so is subject to being appropriated by law enforcement like any other suspicious cash. (Note: I'm not saying that civil forfeiture is reasonable, just pointing out that if Joe Shlabotnik - American citizen - is subject to having his cash 'civilly' forfeited because it's suspicious, then so is El Chapo.)
 
Posts: 15235 | Location: North Carolina | Registered: October 15, 2007Reply With QuoteReport This Post
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quote:
Originally posted by joel9507:

  • It is suspected of being proceeds from illegal operations and thus subject to US civil forfeiture, and so is subject to being appropriated by law enforcement like any other suspicious cash. (Note: I'm not saying that civil forfeiture is reasonable, just pointing out that if Joe Shlabotnik - American citizen - is subject to having his cash 'civilly' forfeited because it's suspicious, then so is El Chapo.)
    [/LIST]



  • It's not "suspected" or "suspicious".
    It IS drug money.


    ______________________________________________________________________
    "When its time to shoot, shoot. Dont talk!"

    “What the government is good at is collecting taxes, taking away your freedoms and killing people. It’s not good at much else.” —Author Tom Clancy
     
    Posts: 8651 | Location: Attempting to keep the noise down around Midway Airport | Registered: February 14, 2008Reply With QuoteReport This Post
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    quote:
    Originally posted by az4783054:
    The Mexican president also thinks the life sentence handed down to el chapo is inhumane.

    https://www.yahoo.com/news/mex...xpect-133746335.html

    https://finance.yahoo.com/vide...aqu-n-204021846.html



    El Presidene is playing real nice, probably motivated by a little fear.
    One of El Chapo's bargaining chips for a reduction in sentence is to start singing. IIRC, he said he'd give up a TON of government officials- Mexico, America, Europe... that were on his payroll.


    ______________________________________________________________________
    "When its time to shoot, shoot. Dont talk!"

    “What the government is good at is collecting taxes, taking away your freedoms and killing people. It’s not good at much else.” —Author Tom Clancy
     
    Posts: 8651 | Location: Attempting to keep the noise down around Midway Airport | Registered: February 14, 2008Reply With QuoteReport This Post
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