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    Senior Investor Inscrutable's Avatar
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    Default Can the Bush order block currency speculation.

    Executive Order: Blocking Property of Certain Persons Who Threaten Stabilization Efforts in Iraq

    I've heard only good news in regard to this investment over the past 4 days but I am concerned with this new order by Bush. Any thoughts. War on speculation?

    Pay close attention to what I have bolded. Laws, when implemented by the US government are very workaround to suit the needs of the creators so this is something that not be taken lightly. Are we the new currency terrorist?

    Executive Order: Blocking Property of Certain Persons Who Threaten Stabilization Efforts in Iraq



    White House News


    Message to the Congress of the United States Regarding International Emergency Economic Powers Act

    By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act, as amended (50 U.S.C. 1701 et seq.)(IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.)(NEA), and section 301 of title 3, United States Code,

    I, GEORGE W. BUSH, President of the United States of America, find that, due to the unusual and extraordinary threat to the national security and foreign policy of the United States posed by acts of violence threatening the peace and stability of Iraq and undermining efforts to promote economic reconstruction and political reform in Iraq and to provide humanitarian assistance to the Iraqi people, it is in the interests of the United States to take additional steps with respect to the national emergency declared in Executive Order 13303 of May 22, 2003, and expanded in Executive Order 13315 of August 28, 2003, and relied upon for additional steps taken in Executive Order 13350 of July 29, 2004, and Executive Order 13364 of November 29, 2004. I hereby order:

    Section 1. (a) Except to the extent provided in section 203(b)(1), (3), and (4) of IEEPA (50 U.S.C. 1702(b)(1), (3), and (4)), or in regulations, orders, directives, or licenses that may be issued pursuant to this order, and notwithstanding any contract entered into or any license or permit granted prior to the date of this order, all property and interests in property of the following persons, that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of United States persons, are blocked and may not be transferred, paid, exported, withdrawn, or otherwise dealt in: any person determined by the Secretary of the Treasury, in consultation with the Secretary of State and the Secretary of Defense,

    (i) to have committed, or to pose a significant risk of committing, an act or acts of violence that have the purpose or effect of:

    (A) threatening the peace or stability of Iraq or the Government of Iraq; or

    (B) undermining efforts to promote economic reconstruction and political reform in Iraq or to provide humanitarian assistance to the Iraqi people;

    (ii) to have materially assisted, sponsored, or provided financial, material, logistical, or technical support for, or goods or services in support of, such an act or acts of violence or any person whose property and interests in property are blocked pursuant to this order; or

    (iii) to be owned or controlled by, or to have acted or purported to act for or on behalf of, directly or indirectly, any person whose property and interests in property are blocked pursuant to this order.

    (b) The prohibitions in subsection (a) of this section include, but are not limited to, (i) the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any person whose property and interests in property are blocked pursuant to this order, and (ii) the receipt of any contribution or provision of funds, goods, or services from any such person.

    Sec. 2. (a) Any transaction by a United States person or within the United States that evades or avoids, has the purpose of evading or avoiding, or attempts to violate any of the prohibitions set forth in this order is prohibited.

    (b) Any conspiracy formed to violate any of the prohibitions set forth in this order is prohibited.

    Sec. 3. For purposes of this order:

    (a) the term "person" means an individual or entity;

    (b) the term "entity" means a partnership, association, trust, joint venture, corporation, group, subgroup, or other organization; and

    (c) the term "United States person" means any United States citizen, permanent resident alien, entity organized under the laws of the United States or any jurisdiction within the United States (including foreign branches), or any person in the United States.

    Sec. 4. I hereby determine that the making of donations of the type specified in section 203(b)(2) of IEEPA (50 U.S.C. 1702(b)(2)) by, to, or for the benefit of, any person whose property and interests in property are blocked pursuant to this order would seriously impair my ability to deal with the national emergency declared in Executive Order 13303 and expanded in Executive Order 13315, and I hereby prohibit such donations as provided by section 1 of this order.

    Sec. 5. For those persons whose property and interests in property are blocked pursuant to this order who might have a constitutional presence in the United States, I find that, because of the ability to transfer funds or other assets instantaneously, prior notice to such persons of measures to be taken pursuant to this order would render these measures ineffectual. I therefore determine that for these measures to be effective in addressing the national emergency declared in Executive Order 13303 and expanded in Executive Order 13315, there need be no prior notice of a listing or determination made pursuant to section 1(a) of this order.

    Sec. 6. The Secretary of the Treasury, in consultation with the Secretary of State and the Secretary of Defense, is hereby authorized to take such actions, including the promulgation of rules and regulations, and to employ all powers granted to the President by IEEPA as may be necessary to carry out the purposes of this order. The Secretary of the Treasury may redelegate any of these functions to other officers and agencies of the United States Government, consistent with applicable law. All agencies of the United States Government are hereby directed to take all appropriate measures within their authority to carry out the provisions of this order and, where appropriate, to advise the Secretary of the Treasury in a timely manner of the measures taken.

    Sec. 7. Nothing in this order is intended to affect the continued effectiveness of any rules, regulations, orders, licenses, or other forms of administrative action issued, taken, or continued in effect heretofore or hereafter under 31 C.F.R. chapter V, except as expressly terminated, modified, or suspended by or pursuant to this order.

    Sec. 8. This order is not intended to, and does not, create any right, benefit, or privilege, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, instrumentalities, or entities, its officers or employees, or any other person.

    GEORGE W. BUSH

    THE WHITE HOUSE,

    July 17, 2007.

    # #

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  3. #2
    Senior Investor Inscrutable's Avatar
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    Sorry, will a mod inject this into the correct thread topic. R&P or Think Tank.

    Thank you. I don't know how I posted it here.

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    This does not have anything to do with Dinar. This has to do with contracts that have been done behind the USA goverment. I think if you want to read between the lines, this has Bush written all over it. This is just my opion.

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    Senior Member bluedangle's Avatar
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    Wow........................
    1. this is old news
    2. nothing to do with Dinar
    3. nothing to do with contracts
    4. this is to be able to put financial pressure
    on anyone in cahoots with saudi's, syrians, etc...blah blah blah
    ties to anyone linked to the violence or interference within Iraq
    the threat from our forces doesnt seem to bother them
    so we are going to hit them in the pocketbook
    $3.33

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    moved to r/p

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    Quote Originally Posted by bluedangle View Post
    Wow........................
    1. this is old news
    2. nothing to do with Dinar
    3. nothing to do with contracts
    4. this is to be able to put financial pressure
    on anyone in cahoots with saudi's, syrians, etc...blah blah blah
    ties to anyone linked to the violence or interference within Iraq
    the threat from our forces doesnt seem to bother them
    so we are going to hit them in the pocketbook
    I sure am glad to hear that, THANKS

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    Senior Investor Inscrutable's Avatar
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    Quote Originally Posted by sassy View Post
    I sure am glad to hear that, THANKS
    But are they professional opinions or fearful?




    "I am mindful of the difference between the executive branch and the legislative branch. I assured all four of these leaders that I know the difference, and that difference is they pass the laws and I execute them." --George W. Bush, Washington, D.C., Dec. 20, 2000



    "If this were a dictatorship, it'd be a heck of a lot easier, just so long as I'm the dictator." --George W. Bush, Washington, D.C., Dec. 19, 2000

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