Skip to main content

Posts

Showing posts with the label extortion

Dennis Hastert

So Hastert has pleaded guilty to one of the two counts in front of him. I'm not at all an expert in the federal criminal laws designed to protect the banking system but I'll say this, I find certain aspects of this case odd. They won't be clarified by the sort of investigation now under way by various media outlets, because what those outlets seem to be interested in is: what did Hastert do that made him the extortion target? They want to uncover precisely the res that Hastert has worked so hard to hide all these years, and ideally give a name and face to the blackmailer and victim (everyone is assuming arguendo that they are the same person, or at least that they are kin). That's just gossip at this point. Hastert has pleaded guilty to structuring his withdrawals in such a way as to avoid reporting requirements. But isn't it generally lawful to act in such a way as to avoid breaking the law? This seems an odd sort of offense. I am reminded somewhat of Rob...

Walter Block to go after the Left

Walter Block is one of my favorite free-market oriented scholars. He is the author, most notably, of a sparklingly iconoclastic book called Defending the Undefendable , the various  chapters of which say positive things about: pimps, drug pushers, drug addicts, blackmailers, ticket scalpers, and dishonest cops! The argument in favor of legalizing blackmail has been especially influential: not because there has been any groundswell of support for such a policy change but because the academic reception of that chapter has shown that Block hit a nerve, among free market advocates. Block's case for legalizing blackmail drew responses in particular from Robert Nozick, Richard Posner, Richard Epstein,  and James Lindgren, an honor role of libertarian theorists. Each gave his reasons why he was unpersuaded. Block has responded. Note that blackmail (for purposes of this debate) is different from extortion. Blackmail is the threat to do something you would otherwi...