i don't often agree with bush, but i do with this order
By the_vicar
@the_vicar (1477)
United States
July 19, 2007 12:34pm CST
Although President Bush and I rarely agree on politics, I do agree with his latest executive order. Basically, it states that anyone who contributes to any kind of terrorism regarding Iraq will have their assets frozen. This may be an effective way to decrease the amount of money flowing into the hands of terrorists. I hope they track down the financiers of terrorism and take their money. Here is a copy of the order:
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withdrawn, or otherwise dealt in: any person determined by the Secretary of the Treasury, in consultation with the Secretary of State and the Secretary of Defense,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.
1 person likes this
3 responses
@judyt00 (3497)
• Canada
19 Jul 07
That's kind of scary! That basically says that anyone who does any business with someone from the US can have their assets seized by the US government without first being told about it. It will be like the IRS seizing foreign property and selling it off THEN taking it to trial like they did in the70's and 80's. Yet another way for the US government to blackmail and threaten the rest of the world.
1 person likes this
@the_vicar (1477)
• United States
19 Jul 07
We cannot fight terrorism with ground forces. The way to stop it is to pull it out by the roots and stopping the money flow is one of the best means to rid us of this blight. Yes, it is scary but so is terrorism.
1 person likes this
@judyt00 (3497)
• Canada
20 Jul 07
No, what is scary is that they can seize the assets of people who simply donate to the wrong charity, not knowing it has ties with terrorism, or do business with the wrong company that does business with another company with ties to terrorism. That bill gives the American government carte blanche to seize assets of anybody world wide who has ever been in the US
@peachcelia (37)
• New Zealand
20 Jul 07
Bullyboy Bush has been engaging in terrorism , regarding Iraq, for around 5 years now...
Will he have his assets frozen?
@the_vicar (1477)
• United States
22 Jul 07
Not for him or his friends or the people he does business with....but if it will nip some of the flow of money or arms then a little is better than nothing.
@wackeytiger (424)
• United States
19 Jul 07
I agree too with his ruling too. It's sad how many people in the US are contributing to these kind of harmful acts committed by foreign countries. Thanks for sharing this important and helpful information. It's something everyone should know about.
@the_vicar (1477)
• United States
19 Jul 07
I have been an ardent dissenter against the war because I knew we were getting ourselves into a quagmire. I think this is one of the best steps the administration has taken in the effort to cap terrorism. We need to lose our dependency on foreign oil so that we are not piping money into the Middle East.