Adam Montana Weekly 28 December 2017

[Wiljor]

Thanks Adam, the CBI is up to something   could we be on the verge of something big? perhaps, but in the meantime Iraq sure has a sense of urgency going into the last days of the year. 

 

 

[cowboys32]

Thanks Adam.

[Freedomwish]

5 hours ago, Adam Montana said:

Most of us "old timers" in the investment are well aware of "EO 13303". It's a number that's burned into our brains

You already had me at "EO 13303".....we're so ready for this baby to go BOOM!!! 

[Freedomwish]

Edited December 28, 2017 by Freedomwish

[Chartman17]

Thank you, Adam.  This next year will be a "Barn Burner"! Yahooooooooo!

[jcanepa77]

Same info the last time I was on here in 2009....

[DinarThug]

30 minutes ago, jcanepa77 said:

Same info the last time I was on here in 2009....

 

Yo Snap - So Did U Ever Make Anything Off Of Some Of The Sideline Bitcoin Conversations ?  

 

     

[Adam Montana]

48 minutes ago, DinarThug said:

 

Yo Snap - So Did U Ever Make Anything Off Of Some Of The Sideline Bitcoin Conversations ?  

 

     

 

If they did, they are posting from a yacht somewhere close to their beach house in the tropics. Or maybe they are still kicking the can, waiting for a genie to pop out of a bottle.

 

[NevadaSam]

Thanks Adam, I am looking forward to the RV and watching my small investment in crypto grow. 

 

Thanks for all you do.

[WISKY291]

Thanks, Adam

[ckriebs]

Wow looking good. Come on Iraq.

["Fred"]

11 hours ago, jcanepa77 said:

Same info the last time I was on here in 2009....

You must have a bad internet connection if you can’t see a difference in iraq from 2009 and now no matter what the news says, just  saying 😀.... I look forward to what the future holds for Iraq now that things are changing for the better, I just hope I’m watching from a nice tropical destination 😀

[Raining Dollars]

Will I Been waiting 14 years and counting , Hope this is it . Thanks Adam for the Info . HAPPY NEW YEAR 2018 

[ChuckFinley]

Thanks Adam and staff. Enjoy your New Years   

[wizard1]

Happy New Year everyone.

[DinarThug]

1 hour ago, "Fred" said:

I just hope I’m watching from a nice tropical destination 😀

 

With Ethel Bumpin’ It In A Grass Hula Skirt !  

 

     

[fredst]

Hey folks, I truly wasn’t kidding with my Prof. Henry Higgins comments. 

I understand the original Executive Order. What I don’t understand is this one and why the euphoria it has initiated. 

Apologies for being so obtuse 😳

[George Hayduke]

18 hours ago, fredst said:

what does all this mean to us?

 

From Wikipedia, the free encyclopedia:

Executive Order 13303 was issued on May 22 , 2003 by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq from any legal attachments or liens. Further, it protects Iraqi oil products and interests and ownership by US persons (defined to include US corporations) from attachment as well. Executive Order 13303 also terminates sanctions specified in EO 12722, EO 12724, EO 13290, as it applies to the development fund. In effect, EO 13303 provides an extraordinarily broad legal shield for any and all contractors and mercenaries working in Iraq on behalf of US corporations in any oil related enterprise.

 

Effects of EO 13303

The primary effect of EO 13303 is the legal protection of US oil companies. EO 13303 is part of a broader endeavor by the Bush administration to exert control over Iraqi oil revenues. The plan centers on the Development Fund for Iraq, created by the United Nations and nominally controlled by the United States, with advice from the World Bank and the International Monetary Fund (IMF). The second part of the plan is EO 13303, providing absolute legal protection for US interests in Iraqi oil.

 

Controversy

Critics of EO 13303 contend new debt for Iraq will accrue from the new Development Fund for Iraq. They say that it will allow opportunities for grave abuses because it offers little illuminating context and its tone suggests the language should be read quite broadly. These concerns stem from the apparent likelihood the fund will be used to leverage US government and corporate interests.

 

The United Nations Security Council approved Resolution 1483 on May 22, 2003, ending economic sanctions against Iraq while clearing a path for the transfer of over $1 billion from the Oil-for-Food programas seed money for establishment of the development fund. Critics are also alarmed because all proceeds from the sale of Iraqi oil and natural gas are to be placed into the fund, noting developing countries have amassed huge debts in exchange for selling out their natural resources to powerful corporations. This paradigm, they contend, cloaks corporate welfare and neocolonialism in terms of 'poverty alleviation', and now in Iraq as 'humanitarian assistance'.

 

There are differences between the original text (UN Security Council Resolution 1483) and EO 13303, which may lead a court to hold implementation is overbroad.

 

 

From the White House May 27, 2014:

 

EXECUTIVE ORDER

- - - - - - -

ENDING IMMUNITIES GRANTED TO THE DEVELOPMENT FUND FOR

IRAQ AND CERTAIN OTHER IRAQI PROPERTY AND INTERESTS IN

PROPERTY PURSUANT TO EXECUTIVE ORDER 13303, AS AMENDED

 

By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act, as amended (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), section 5 of the United Nations Participation Act, as amended (22 U.S.C. 287c) (UNPA), and section 301 of title 3, United States Code,

I, BARACK OBAMA, President of the United States of America, have determined that the situation that gave rise to the actions taken in Executive Order 13303 of May 22, 2003, to protect the Development Fund for Iraq and certain other property in which the Government of Iraq has an interest has been significantly altered. Recognizing the changed circumstances in Iraq, including the Government of Iraq's progress in resolving and managing the risk associated with outstanding debts and claims arising from actions of the previous regime, I hereby terminate the prohibitions contained in section 1 of Executive Order 13303 of May 22, 2003, as amended by Executive Order 13364 of November 29, 2004, on any attachment, judgment, decree, lien, execution, garnishment, or other judicial process with respect to the Development Fund for Iraq and Iraqi petroleum, petroleum products, and interests therein, and the accounts, assets, investments, and other property owned by, belonging to, or held by, in the name of, on behalf of, or otherwise for, the Central Bank of Iraq. This action is not intended otherwise to affect the national emergency declared in Executive Order 13303 of May 22, 2003, as expanded in scope by Executive Order 13315 of August 28, 2003, which shall remain in place. This action is also not intended to affect immunities enjoyed by the Government of Iraq and its property under otherwise applicable law.

 

I hereby order:

Section 1. The prohibitions set forth in section 1 of Executive Order 13303 of May 22, 2003, as amended by Executive Order 13364 of November 29, 2004, are hereby terminated.

Sec. 2. The Secretary of the Treasury, in consultation with the Secretary of State, is hereby authorized to take such actions, including the promulgation of rules and regulations, and to employ all powers granted to the President by IEEPA and the UNPA as may be necessary to carry out the purposes of this order. The Secretary of the Treasury may redelegate any of these functions to other officers and agencies of the United States Government. All agencies of the United States Government are hereby directed to take all appropriate measures within their statutory authority to carry out the provisions of this order.

Sec. 3. This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.

Sec. 4. This order shall be transmitted to the Congress and published in the Federal Register.

BARACK OBAMA

 

Personally, I am waiting for an EO from President Trump that fully answers the following question:  Did the Bush & Obama administrations plan on paying for part or all of the Iraq war by collecting taxes from the revaluation of the dinar?

 

If so, guess who the taxes would be collected from...

 

GH

[Artitech]

12 hours ago, Adam Montana said:

 

If they did, they are posting from a yacht somewhere close to their beach house in the tropics. Or maybe they are still kicking the can, waiting for a genie to pop out of a bottle.

 

im going to try and get another wallet going and get back in.

[fredst]

George, thanks for the reply. 

I understand the premise of 13303. 

However, I still do not comprehend the meaning of DinarThug’s post ( Publication of Amended Iraq Stabilization And Insuggency Sanctions Regulations) that seems to have huge impact on the rest of this group. 

I have found in my 74 years that I speak “lawyer talk” very badly. 

It seems that the whole site is ecstatic and expectant about “something”. I just don’t know what that “something” is. 

 

[tricky]

Hope the new year brings all of us prosperity and happiness ------ soon!!!

[Inbedded HorseHead]

11 long years.....

[cpm]

I am also wondering by what method are they going to collect taxes on this? Capital gains or ordinary income? We have been out for a couple years so we may have missed this discussion.

[DWitte]

On 12/27/2017 at 3:15 PM, davis411 said:

Uhhh what happened

Hey dude.  I know I haven't been around for awhile but I notice you're still not President.............................of anything.

[jrvhope]

Thanks Adam and everybody for everything I LOVE THIS SITE GO RV\RI 2018