Another Obama Executive Order Allows Seizure of Americans’ Bank Accounts
Submitted by Ian56 on Thu, 10/18/2012 - 03:09
in

Daily Paul Liberty Forum

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.

Continued at :-
http://www.thenewamerican.com/usnews/constitution/item/13196...

yep,re-elect Owawa!

Being Conservative doesn't mean Republican.
Conservative is a value Libs can't/won't understand.

http://www.thenewamerican.com/usnews/constitution/item/13196-another-obama-executive-order-allows-seizure-of-americans%e2%80%99-bank-accounts

That is what I had in my header for the article the original poster used, hers didn't work for me.

This Executive Order is another shocker where our rights have been taken away. The fact that a santioned person has no recourse is completely wrong.

I only heard of this EO by looking at this post on a singles site.I need to start taking a better look at various sites to keep up!! I am sure not going to hear it on the local news! Thanks for posting it Willing2 !!

God help us if this dictator Obama gets another four years to destroy our constitution.

Have you heard of QE3? It has no end, just printing money and giving it away by the billions every month! I'm including a short video link that explains it.

http://www.youtube.com/watch?v=hf2WAw81OqQ

Hope you don't mind me going off topic with the QE3 topic.

fixed it....

^^^ Thank-you Sojourning :)