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

[SunsetDreams]

(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deemed to be in U.S. control - including foreign branches of American banks - from being transferred, paid, exported or withdrawn.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

[SunsetDreams]

1. kick

[MattSh]

2. Deceptive practices, huh...

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

[woo me with science]

3. Here we go.

Predictable as hell.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x2456137

[SunsetDreams]

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

[woo me with science]

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.

[SunsetDreams]

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.

[woo me with science]

10. What a ridiculous false choice. nt

[SunsetDreams]

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.

[MineralMan]

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.

[SunsetDreams]

12. Totally agree

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

[quinnox]

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.

[woo me with science]

8. ...

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x2456137

Yup.