Capitalism Kicks In
our old friend; the Bitchslap of Reality
The potential release of a Lodi man accused of ties to terrorism is being delayed because a loan on one of the properties pledged for his release is reducing the home’s value as collateral.
...[Hayat’s attorney, Johnny Griffin III] had expected an East Vine Street home to have a $300,000 value. Combined with four other properties with an appraised value of $1.2 million, it would be enough to meet Burrell’s condition....Griffin said they will remove the lien from the house or find another home to include for the bail.
[U.S. District Judge Garland E. Burrell] ruled Friday that personal information about the property owners in the appraisals be sealed. He also removed the five property addresses from his bond order and removed the requirement that all telephones in Hayat’s home be subject to electronic monitoring.
Hayat has been held at the Sacramento County Jail since June 5, when he was arrested on a lying charge. His son, 23-year-old Hamid Hayat, faces two counts of lying and a single charge of providing material support to terrorists for allegedly attending an al-Qaida-sponsored training camp in Pakistan in 2003 and 2004.
The government alleged Umer Hayat lied to authorities when he denied his son had participating in terrorist training. Both men are U.S. citizens.
Anyone else get a niggling feeling that Burrell is being rather more than a little accommodating in this case? or izzit Just Me™?
Just for a little perspective for those who live where the real estate market is somewhat rational, here’s a listing for a comparable property—at most five blocks away. The terrorist’s Ice Cream Man’s property is somewhere in the five blocks between this one and the freeway [99]. 2 bed/1 bath, 1,473 sf. Listing Price $329,000.
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