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Another Obama Executive Order Allows Seizure of Americans’ Bank Accounts

 
Indian Outlaw
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10/13/2012 08:59 PM
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Another Obama Executive Order Allows Seizure of Americans’ Bank Accounts
Another Obama Executive Order Allows Seizure of Americans’ Bank Accounts


Friday, 12 October 2012 15:30
Another Obama Executive Order Allows Seizure of Americans’ Bank Accounts
Written by Bob Adelmann


Another Obama Executive Order Allows Seizure of Americans’ Bank Accounts

The latest executive order (EO) emanating from the White House October 9 now claims the power to freeze all bank accounts and stop any related financial transactions that a “sanctioned person” may own or try to perform — all in the name of “Iran Sanctions.”

Titled an “Executive Order from the President regarding Authorizing the Implementation of Certain Sanctions…” the order says that if an individual is declared by the president, the secretary of state, or the secretary of the treasury to be a “sanctioned person,” he (or she) will be unable to obtain access to his accounts, will be unable to process any loans (or make them), or move them to any other financial institution inside or outside the United States. In other words, his financial resources will have successfully been completely frozen. The EO expands its authority by making him unable to use any third party such as “a partnership, association, trust, joint venture, corporation, subgroup or other organization” that might wish to help him or allow him to obtain access to his funds.

And if the individual so “sanctioned” decides that the ruling is unfair, he isn't allowed to sue. In two words, the individual has successfully been robbed blind.

But it’s all very legal. The EO says the president has his “vested authority” to issue it, and then references endless previous EOs, including one dating back to 1995 which declared a “state of emergency” (which hasn’t been lifted): Executive Order 12957.



read the rest at the link below
[link to thenewamerican.com]

"A Nation Of Sheep Soon Begets A Government Of Wolves"

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Anonymous Coward
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10/13/2012 09:02 PM
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Re: Another Obama Executive Order Allows Seizure of Americans’ Bank Accounts
The UNITED STATES INC has been under a continuing state of emergency since March 1933.
ar-15 nut

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10/13/2012 09:03 PM

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Re: Another Obama Executive Order Allows Seizure of Americans’ Bank Accounts
mine is in metals and food and ammo to late sukatounge
A pissed off American veteran!
ANNONYMOUS
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10/13/2012 09:09 PM
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Re: Another Obama Executive Order Allows Seizure of Americans’ Bank Accounts
5a

Good grief get a life. This is an adjunct to the sanctions on Iran in order to help enforce them that is what the termonology "sanctioned person" means.
Indian Outlaw (OP)

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10/13/2012 09:15 PM
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Re: Another Obama Executive Order Allows Seizure of Americans’ Bank Accounts
5a

Good grief, I wish I had a life. Instead I'll just be my usual annoying self. This is an adjunct to the sanctions on Iran in order to help enforce them that is what the termonology "sanctioned person" means.
 Quoting: ANNONYMOUS 8415236




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"A Nation Of Sheep Soon Begets A Government Of Wolves"

"For what are fifty, what a thousand slaves, match'd to the sinew of a single arm that
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Ranger XRay

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10/14/2012 12:13 AM
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Re: Another Obama Executive Order Allows Seizure of Americans’ Bank Accounts
Regardless, this adjunct to the original Executive Order only reinforces how the people are so damn out of touch with what the govt/administration is doing that when this EO gets literally enacted, all the love and adoration for the imposter will turn to unbridled anger and they will impotent to do anything about it because 4yrs back these very people voted him for "change that you can believe in!" The cold irony of all of this has comical and saddening.

It reminds of of the scene from Gladiator when the Senator that stood against Kommadus' policies said to a fellow Senator (paraphrasing here...) He will give the People games and they will cheer him for it. He will give them Death and they will love him for it.

I find this all very very ironic indeed. BHO keeps the Legions aka US Military at long distance from the homeland to prevent them from stopping his madness and agenda. The reflections are damn uncanny in its implications...
Ranger XRay

"The world is a giant tinderbox. All it takes is for someone to light the match" - Capt. Price
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10/14/2012 09:57 AM
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Re: Another Obama Executive Order Allows Seizure of Americans’ Bank Accounts
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