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Mon Feb 6, 2012, 11:53 AM

Obama Signs Executive Order Freezing Iran Assets In U.S.

(Reuters) - U.S. President Barack Obama signed an executive order on Monday imposing new, stricter sanctions on Iran and its central bank, saying a broader asset freeze was necessary because Iranian banks were concealing transactions.

"I have determined that additional sanctions are warranted, 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," Obama said in a letter to Congress.

The executive order, described as a further step in the U.S. effort to isolate Iran, prevents any assets deemed to be in U.S. control - including foreign branches of American banks - from being transferred, paid, exported or withdrawn.


http://www.reuters.com/article/2012/02/06/us-iran-usa-assets-urgent-idUSTRE81519Q20120206

12 replies, 2280 views

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Arrow 12 replies Author Time Post
Reply Obama Signs Executive Order Freezing Iran Assets In U.S. (Original post)
SunsetDreams Feb 2012 OP
SunsetDreams Feb 2012 #1
MattSh Feb 2012 #2
woo me with science Feb 2012 #3
SunsetDreams Feb 2012 #4
woo me with science Feb 2012 #7
SunsetDreams Feb 2012 #9
woo me with science Feb 2012 #10
SunsetDreams Feb 2012 #11
MineralMan Feb 2012 #5
SunsetDreams Feb 2012 #12
quinnox Feb 2012 #6
woo me with science Feb 2012 #8

Response to SunsetDreams (Original post)

Mon Feb 6, 2012, 12:30 PM

1. kick

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Response to SunsetDreams (Original post)

Mon Feb 6, 2012, 01:04 PM

2. Deceptive practices, huh...

Wonder where the Iranians learned that from. Some banks that must be experts, no doubt...

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Response to woo me with science (Reply #3)

Mon Feb 6, 2012, 01:11 PM

4. So what do you think about the Executive Order?

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Response to SunsetDreams (Reply #4)

Mon Feb 6, 2012, 02:01 PM

7. I think we have to cut over a trillion from the budget this year,

And I see a pattern of provocation and saber-rattling that is highly predictable in this political climate.

In fact, many of us predicted this last year.

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Response to woo me with science (Reply #7)

Mon Feb 6, 2012, 02:07 PM

9. Would you rather we invade, and not sanction?

I don't see saber-rattling.
Saber-rattling to me would be if President Obama instead said, "Hey Listen Iran, and listen good, if you don't stop right now, we are sending in the military for action". A threat of Military action could be argued as saber-rattling. You predicted this Executive Order last year? That's what the OP is about.

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Response to SunsetDreams (Reply #9)

Mon Feb 6, 2012, 02:08 PM

10. What a ridiculous false choice. nt

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Response to woo me with science (Reply #10)

Mon Feb 6, 2012, 02:08 PM

11. How so? (with edit)

On edit: I do see your point. I should have asked...Would you rather we invade, do nothing or sanction?

I have a feeling that you would not want us to invade. Sorry for the poorly constructed question.

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Response to SunsetDreams (Original post)

Mon Feb 6, 2012, 01:15 PM

5. And there you go. I'm not sure how much impact this

will have on Iran, but it's a step the President can take that doesn't involve military force.

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Response to MineralMan (Reply #5)

Mon Feb 6, 2012, 03:16 PM

12. Totally agree

It might not have an impact on them at all, but it doesn't involve military force.

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Response to SunsetDreams (Original post)

Mon Feb 6, 2012, 01:16 PM

6. Those evil doer Iranians now will find it harder to fund those terrorists

 

that they no doubt have lined up and ready to go against our beautiful country, the USA. I feel safer already. And I promise to turn in any Iranians I see lurking around the house or neighborhood.

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