Eric holder just gutted civil forfeiture. That's a good move, should have been repealed 30 years ago, I'm all for it.
I see you've fallen for the PR-spin version. The administration loves making it SEEM like they're reformers when they really did very little. What Holder actually did was limit the ability of state and local governments to seize assets under federal law, then later have a federal agency 'adopt' the seizure and take a percent cut under the 'equitable sharing' program. This is bypassed by simply categorizing something as a joint investigation and sticking some feds name on the papers. As if that wasn't a hole big enough to drive a truck through, there's also an exemption where the seizure 'protects public safety' where the feds may still adopt it (this was in the damn headline of the announcement on justice.gov)
The bigger deal is that this is ultimately trivial, as it does nothing to stop seizures under state law. The yet even bigger than that deal is that STILL not a god damn thing has been done about the fact that seizures still require no criminal activity; they can (and do) seize property without ever even filing charges against the owner, who must now go to court and PROVE HE'S INNOCENT to get it back. Nor does it address highway patrols that seize any large amount of cash they find. That's right, when police find you with a lot of money, they'll take it and you'll have to pay for a lawyer to go to court and prove it's NOT drug money. Nothing in Holder's new policy even touches on any of this.
Even with criminal activity... your kid got caught selling a little pot? The car you bought for him and your house are now subject to seizure under state law, and the new federal policy won't help you there either.