Obama Executive Order: Allows Seizure of Americans' Bank Accounts!
The latest executive order by Obama was supposedly created in the name of "Iran sanctions" but dear reader, it also gives him the authority to seize Americans' bank accounts WITHOUT THE ABILITY TO SUE! The loose definition of "sanctioned person" SHOULD CONCERN ALL!
The term used in the EO via Whitehouse.gov is "sanctioned person".
(iv) "with respect to section 6(a)(8) of ISA, block all property and interests in property that are in the United States, that come within the United States, or that are or come within the possession or control of any United States person, including any foreign branch, of the sanctioned person, and provide that such property and interests in property may not be transferred, paid, exported, withdrawn, or otherwise dealt in."
So, you in the USA...if you've got a couple of gold bars under your bed I'd ship 'em out to Canada pronto. And DO open that Swiss account you always promised yourself!
The latest executive order by Obama was supposedly created in the name of "Iran sanctions" but dear reader, it also gives him the authority to seize Americans' bank accounts WITHOUT THE ABILITY TO SUE! The loose definition of "sanctioned person" SHOULD CONCERN ALL!
The term used in the EO via Whitehouse.gov is "sanctioned person".
(iv) "with respect to section 6(a)(8) of ISA, block all property and interests in property that are in the United States, that come within the United States, or that are or come within the possession or control of any United States person, including any foreign branch, of the sanctioned person, and provide that such property and interests in property may not be transferred, paid, exported, withdrawn, or otherwise dealt in."
So, you in the USA...if you've got a couple of gold bars under your bed I'd ship 'em out to Canada pronto. And DO open that Swiss account you always promised yourself!
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| Hey friends; your little ol' bank accounts are as safe as a Thanksgiving turkey, with yer Uncle |
