Executive Order - must read

[Dinar Buddy]

Link: http://georgewbush-whitehouse.archives.gov/news/releases/2003/05/print/20030522-15.html

READ the executive order everyone is cloning we are protected. Ghost claims we are protected... We are not! Read the Executive order 13303.

This entire provision is to protect Petrolium interests and the clean up Petrolium businesses. The order protect profits from Petrolium interests.... Nothing about currency or the right own currency.

http://georgewbush-whitehouse.archives.gov/news/releases/2003/05/print/20030522-15.html

Let's RV.

[riceman]

Sorry Bud...that's the wrong executive order, fyi...13303 if I recall......

[Carrello]

EO 13303 is correct, and it did protect oil interests, and stated nothing about currency. There was another document, that I cannot remember right now, but was posted here last week. I posted the original document, and I was corrected and the current document was posted. If you want to read it, search EO 13303 and you can find it.

WE ARE PROTECTED.

Edited November 7, 2011 by Carrello

[jg1]

Is this it.

For Immediate Release

Office of the Press Secretary

May 22, 2003

Executive Order

Executive Order Protecting the Development Fund for Iraq and Certain Other Property in Which Iraq Has An Interest

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, GEORGE W. BUSH, President of the United States of America, find that the threat of attachment or other judicial process against the Development Fund for Iraq, Iraqi petroleum and petroleum products, and interests therein, and proceeds, obligations, or any financial instruments of any nature whatsoever arising from or related to the sale or marketing thereof, and interests therein, obstructs the orderly reconstruction of Iraq, the restoration and maintenance of peace and security in the country, and the development of political, administrative, and economic institutions in Iraq. This situation constitutes an unusual and extraordinary threat to the national security and foreign policy of the United States and I hereby declare a national emergency to deal with that threat.

I hereby order:

Section 1. Unless licensed or otherwise authorized pursuant to this order, any attachment, judgment, decree, lien, execution, garnishment, or other judicial process is prohibited, and shall be deemed null and void, with respect to the following:

(a) the Development Fund for Iraq, and

( all Iraqi petroleum and petroleum products, and interests therein, and proceeds, obligations, or any financial instruments of any nature whatsoever arising from or related to the sale or marketing thereof, and interests therein, in which any foreign country or a national thereof has any interest, 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 United States persons.

Sec. 2. (a) As of the effective date of this order, Executive Order 12722 of August 2, 1990, Executive Order 12724 of August 9, 1990, and Executive Order 13290 of March 20, 2003, shall not apply to the property and interests in property described in section 1 of this order.

( Nothing in this order is intended to affect the continued effectiveness of any rules, regulations, orders, licenses or other forms of administrative action issued, taken, or continued in effect heretofore or hereafter under Executive Orders 12722, 12724, or 13290, or under the authority of IEEPA or the UNPA, except as hereafter terminated, modified, or suspended by the issuing Federal agency and except as provided in section 2(a) of this order.

Sec. 3. For the purposes of this order:

(a) The term “person” means an individual or entity;

( The term “entity” means a partnership, association, trust, joint venture, corporation, group, subgroup, or other organization;

© The term “United States person” means any United States citizen, permanent resident alien, entity organized under the laws of the United States or any juris-diction within the United States (including foreign branches), or any person in the United States;

(d) The term “Iraqi petroleum and petroleum products” means any petroleum, petroleum products, or natural gas originating in Iraq, including any Iraqi-origin oil inventories, wherever located; and

(e) The term “Development Fund for Iraq” means the fund established on or about May 22, 2003, on the books of the Central Bank of Iraq, by the Administrator of the Coalition Provisional Authority responsible for the temporary governance of Iraq and all accounts held for the fund or for the Central Bank of Iraq in the name of the fund.

Sec. 4. (a) The Secretary of the Treasury, in consultation with the Secretary of State and the Secretary of Defense, is hereby authorized to take such actions, including the promulga-tion 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.

( Nothing contained in this order shall relieve a person from any requirement to obtain a license or other authorization in compliance with applicable laws and regulations.

Sec. 5. This order is not intended to, and does not, create any right, benefit, or privilege, substantive or procedural, enforceable at law or in equity by a party against the United States, its departments, agencies, entities, officers, employees, or agents, or any other person.

Sec. 6. This order shall be transmitted to the Congress and published in the Federal Register.

GEORGE W. BUSH

THE WHITE HOUSE,

May 22, 2003.

Read more:

[snakes251]

OKIE sounds like my old friend Krazy Kris, who lives in Oklahoma and isn't the sharpest tool in the shed (with emphasis on 'tool'). The type who put all his faith in a multilevel marketing scheme, and almost got sued for misrepresentation of services. Oh, and he got arrested for warrants on unpaid speeding tickets. Would not be surprised at all if it were him broadcasting this $#@%.

[aliciadogz]

WHY? Dose anyone listen to okie,he is such crap!!!!

[HopefulTxn]

Sorry Bud...that's the wrong executive order, fyi...13303 if I recall......

He posted the correct link to EO 13303, it's just that 13303 had nothing to do with the ability to speculate on the Iraqi currency. That EO was created months before the Saddam notes were even exchanged in country.

[dinarcimi]

This has been discussed in here alot.

Posted 20 May 2011 - 11:36 AM

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.

Contents

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.

[edit] 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 program as 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'

Read more:

some news articles about 13303 below

http://www.reclaimdemocracy.org/articles_2003/executive_order_13303.html

http://georgewbush-whitehouse.archives.gov/news/releases/2003/05/print/20030522-15.html

http://www.wsws.org/articles/2003/aug2003/preo-a19.shtml

But personally, I think this is what everyone is looking for, ( COALITION PROVISIONAL AUTHORITY ORDER NUMBER 39

FOREIGN INVESTMENT ) because 13303 is about the DFI funds. But please correct me if I am wrong.

http://www.iraqcoalition.org/regulations/20031220_CPAORD_39_Foreign_Investment_.pdf

here is an amendment to CPA 39......... http://www.iraqcoalition.org/regulations/20031221_CPAORD46-39Amend.pdf

I think this should clear this 13303 thing up.

Go Iraq! Go Dinarians! Go RV!

[Annastasia]

You are correct. Other just like throwing people under the bus (ie like Oakie) for no reason.

[endeavor1]

Uh, it's kinda like too late to worry about anything, by now the gov would've done something about it. No worries, go RV!!