On the recordApril 19, 1994
I was attempting to follow the logic of my dear friend from Florida very carefully about the debate that is going on on this amendment. If I understand him correctly, the kind of criminals that he is talking about are the people that say: Well, I am going to go out and commit a crime. And they look it up in the penal code. It is a 5-to-20-year offense. And I am going to get the whole 20, because I have a juvenile record and 85 percent of that would be 17 years. So if I go out and do an armed robbery and I get $100,000 and if I invest it in a money market CD at 4 percent and I am locked up for the next 17 years, as long as I have one of those telephone credit cards, I can call in and do bank transactions over the phone. And if the Feds are going to raise the rate by 2 or 3 years from now, then I can flip that over and I can put half the money in this account and half of that money in that account. And I can take advantage of this information highway that is coming along. The problem with that is, it is the kind of criminals that you and I are accustomed to who first of all never think they are going to be caught. And if they do not think they are going to be caught, they do not think they are going to be punished.
Source
govinfo.gov