Obama
declares National Emergency and issues E.O. against Russian assets
26
June, 2012
On
June 25, President Barack Obama issued a letter to the Speaker of the
House of Representatives, and to the President of the Senate stating
that under the International Emergency Economic Powers Act, he was
declaring a National Emergency due to actions incurred with Russia,
and the Russian Federation. The submitted letter provides a
declaration to Congress of the President signing Executive Order
(E.O.) 13159, and its immediate implementation.
Under
this National Emergency and Executive Order, the United States is
seizing assets and property owned or managed by the Russian
Federation relating to nuclear items and programs tied to Highly
Enriched Uranium (HEU).
Pursuant
to section 204(b) of the International Emergency Economic Powers Act
(IEEPA), 50 U.S.C. 1703(b), I hereby report that I have exercised my
authority to declare a national emergency to deal with the threat
posed to the United States by the risk of nuclear proliferation
created by the accumulation in the Russian Federation of a large
volume of weapons-usable fissile material.
The
United States and the Russian Federation had entered into a series of
agreements that provide for the conversion of highly enriched uranium
(HEU) extracted from Russian nuclear weapons into low enriched
uranium (LEU) for use in commercial nuclear reactors. There were
concerns that payments due to the Russian Federation under these
agreements may be subject to attachment, garnishment, or other
judicial process, in the United States, which could put
implementation of such agreements at risk. In Executive Order 13159,
the President therefore ordered blocked all property and interests in
property of the Government of the Russian Federation directly related
to the implementation of the HEU Agreements so that it would be
protected from the threat of attachment, garnishment, or other
judicial process.
- - - White House.gov
- - - White House.gov
The
ramifications of this Executive Order, along with portions that
remain classified from the public, have vast consequences for the
American people. Earlier this year, President Obama updated and
signed several Executive Orders that deal with the complete control
and confiscation of U.S. assets, infrastructure, and manpower in the
case of a declared National Emergency. As of yesterday, that National
Emergency has been invoked, opening the door for any number of
policies to be enacted by the President going forward.
Additionally,
this action against Russia and the Russian Federation could have
massive consequences for America in regards to foreign policy, and
even a potential act of war should Russia see fit to perceive Obama's
actions as such. With NATO and Russia both rattling sabers in the region of Syria, the possible threat of a global conflict increased
with this new asset confiscation order.
Events
in the Middle East, along with regime changes in Egypt, Libya, and a
number of Arab states, are engulfing Russia, Europe, and the United
States into a potential global conflict that could quickly grow into
something not seen in 68 years. With President Obama declaring a
state of National Emergency, and imposing a new asset seizure on
properties owned or controlled by the Russian Federation, the
ramifications for war on several fronts, along with the potential of
liberties and freedoms lost to the American people has increased to
dangerous levels.
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