2. I generally disagree with regards to the seizure of property. You say that the seizure of criminal assets is seen as an effective crime deterrent. Who sees it as such? Is there any evidence that it works? Are you familiar with the debates surrounding 'civil forfeiture'? If not, it is worth looking into. There are jurisdictions in the US(primarily at the municipal and county level) that derive a large part of their total operating budgets from the seizure of 'criminal' assets without any sort of due process. The example of drug kingpins parking their money in real estate is a particularly lurid and unrepresentative example--there might indeed be a place for criminal asset forfeiture in the fight against organized crime--but at the very least the threshold should be rather high and not include petty infractions or minor unpaid debts.
3. I see your point here, and you are correct on checks and balances, but I think you are naive with regards to the role of the press and the efficacy of simply voting out incumbent officials. Having said that, I will concede that the strategy actually works best at the lowest possible tier of government, but of course that requires adequate civic engagement in local politics.
More on the free press issue. Here's a story for you. In the early 1970s, my dad worked for a couple of local newspapers in the southern US. They would send him to cover city council meetings. He commented that the reporters from the big papers would show up for about 10 minutes and leave, and then write reports as if they had been present the entire time. And that was yearly 50 years ago, when the American newspaper landscape looked very different from today. Today most of those local papers are gone altogether and the press in general has undergone a total transformation. Beyond the occasional outrage story, I wouldn't automatically assume that the press is going to do its job.
Please don't take offense at my comments and fire back an angry rebuttal. This is not meant as criticism of you or your positions. Just thoughts and debate, nothing more.