Wednesday, February 8, 2012

Obama uses nuclear threat to manipulate Petrol prices..

The White House, Office of the Press Secretary  02/06/12

“Executive Order Blocking Property of the Government of Iran and Iranian Financial Institution”


I, Barack Obama, President of the United States of American, In order take additional step with respect to the national emergency declared an Executive Order 12957 of March 15, 1995, particularly in light of the deceptive practices of the Central Bank of Iran and other Iranian banks to conceal transactions of sanctioned parties, the deficiencies in Iran’s anti-money laundering regime and the weaknesses in its implementation, and the continuing and unacceptable risk posed to the international financial system by Iran’s activities hereby order:

Section 1 (a) all property and Interest in property of the Government of Iran, including the Central Bank od Iran  that are in the United States,…. Come within the possession or control of any United States person, including any foreign branch, are blocked and may not be transferred paid, exported, withdrawn or otherwise dealt in.

Sec. 10 The Secretary of the Treasury, in consultation with the Secretary of State, is hereby authorized to exercise the functions and authorities conferred up  the President by section 1245 (1)(a) of the NDAA and to redelegate these functions  and authorities consistent with applicable law.

NDAA 2012 HR 1540 Sec 1245 Money Laundering Concern- the threat to govt and financial institutions resulting from the illicit activities of the Government of Iran, including its pursuit of nuclear weapons, support for international terrorism and the efforts to deceive responsible financial institutions and evade sanctions.

Exception for sales of food medicine and medical devices… The President may not impose sanctions with respect to any person for conducting or facilitating a transaction for the sale of food, medicine or medical devices to Iran.

Common Sense Review

This executive order that executed on Monday Feb 6, talks about “possession and control” of the Central bank of Iran that are in the US.  Yet the NDAA 2012, HR 1540. under Sec 1245, that was signed on 12/31/11,  regarding Freezing of Assets of Iranian Financial Institutions to stop the money laundering that is used to finance Iran’s Nuclear activities.

Is this a well-planned scare tactic by the administration?   The Presidential Executive Order was issued Monday Feb 6, 2012 which address sanctions to Iran but the NDAA 2012 was introduced April 14, 2011 and signed Dec 31, 2011 (it was held by the Senate for 6 months with no activity), that also talks about sanctions against Iran.  So the question is, how long has the Obama admin been planning to play this sanction game?  Why was the bill held in the Senate for 6 month?  What has changed in 8 months? 

Keystone XL Pipeline….

In the spreading the wealth mentality, raising gas prices (due to issues above) forces everyone onto public transportation, which has received several Federal grant for expansion,   which is only accessible in the city areas? 

Is this another way of manipulating the petrol price at the expense of the people?  

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