New Executive Order: “Obama Has Just Given Himself the Authority to Seize Your Assets

Octoldit

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Sep 8, 2008
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On Monday the U.S. government took steps to seize the US-based assets of Russian lawmakers and anyone else that the US government deemed complicit in supporting the Crimean secession movement.

We’ve seen the U.S. government do this in countless cases surrounding drug and financial crimes, and sometimes even against foreign leaders like Saddam Hussein and Manuel Noriega.

What makes this particular instance so unprecedented and terrifying is that President Obama went so far as to issue a new Executive Order to give himself the authorization to do so, because the laws of the United States are such that our government is not allowed to simply take someone’s bank assets, home or business without due process.

Here’s the kicker.

The new Executive Order doesn’t just apply to just Russians or foreigners. It gets blanket coverage, so even American citizens could now face asset forfeiture if their actions are deemed to be “contributing to the situation in the Ukraine.”

Be careful what you say. Be careful what you write. President Obama has just given himself the authority to seize your assets.

According to the president’s recent Executive Order, “Blocking Property of Certain Persons Contributing to the Situation in Ukraine” (first reported by WND’s Aaron Klein), the provisions for seizure of property extend to “any United States person.” That 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.”

Via: The Ron Paul Institute

Like most Executive Orders and government legalese, the definitions for why an individual would have their assets seized under this directive are extremely broad and they could, for all intents and purposes, be used against anyone who supports Russian interests, or simply argues against those of the United States.

You can read the full Executive Order at the White House web site. The key points are noted below:

All property and interests in property 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 any United States person (including any foreign branch) of the following 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:

(i) to be responsible for or complicit in, or to have engaged in, directly or indirectly, any of the following:

(A) actions or policies that undermine democratic processes or institutions in Ukraine;

(B) actions or policies that threaten the peace, security, stability, sovereignty, or territorial integrity of Ukraine; or

(C) misappropriation of state assets of Ukraine or of an economically significant entity in Ukraine

This new Executive Order has crossed a very dangerous line. It’s one that turns the notions of property rights and due process upside down by effectively bypassing the U.S. Constitution.

While we’re sure the President and his staff would argue that such a law would never be used against Americans who are protected by free speech, the fact is that the Executive Branch now believes it has the self-manifested authority to target any individual who engages in activities that undermine US interests abroad or at home.

If a President of the United States believes he has the authority to make it illegal for you to provide support to Russia by way of political commentary, charitable donations or other methods, could he also use similar directives to push forward other agendas?

President Obama has already re-authorized an E.O. giving him the ability to seizefarms, food, processing plants, energy resources, transportation, and skilled laborers during national emergency.

The next Executive Order could come in the form of restrictions on firearms advocacy or target those who speak out against policies like government mandated health care. All it would take is the declaration of a national emergency and they can essentially do as they please.

Is it prudent to give a single person the ability to force such actions down the throats of the American people without Congressional oversight or Judicial review?

Source: shtfplan.com

LINK: New Executive Order: ?Obama Has Just Given Himself the Authority to Seize Your Assets? | Prophecy of Noah
 
Russia is also sweating FACTA:

The provisions commonly known as the Foreign Account Tax Compliance Act (FATCA) became law in March 2010.
FATCA targets tax non-compliance by U.S. taxpayers with foreign accounts
FATCA focuses on reporting:

By U.S. taxpayers about certain foreign financial accounts and offshore assets

By foreign financial institutions about financial accounts held by U.S. taxpayers or foreign entities in which U.S. taxpayers hold a substantial ownership interest
The objective of FATCA is the reporting of foreign financial assets; withholding is the cost of not reporting.
Foreign Account Tax Compliance Act


As of July 1st....it is set to take affect...
 
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Thanks Obama! Hurt The Pootin where it counts! In the pocketbook.

If I were Obama, first thing I'd do is ban the export of luxury cars, music and jeans to Russia. And ban the import of Vodka.

He'll be gone in a month.
 
New Executive Order: “Obama Has Just Given Himself the Authority to Seize Your Assets

How does this affect my assets????

Do you have an IRA account?,maybe a 401K Plan...
Well today a good many Americans have them,maybe one or the other.

Look at how the left goes on and on about income inequality.
How it's so unfair for some to have so much more then the rest....

Watch out folks.At some point the Nancy Pelosi's and Elizabeth Warren's of the Democrat
party will push for government to seize our accounts... :mad:

There is just way too much money on account that the Democrats don't have access to.

At least not yet!!!
 
Thanks Obama! Hurt The Pootin where it counts! In the pocketbook.

If I were Obama, first thing I'd do is ban the export of luxury cars, music and jeans to Russia. And ban the import of Vodka.

He'll be gone in a month.

Doesn't look like the sanctions are slowing Putin down all that much....
Maybe that was by design by Obama...
 

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