Winehole23
04-02-2011, 02:41 PM
Barack Obama recently issued an executive order (http://docs.google.com/viewer?a=v&q=cache:WMKUnB7l_6sJ:www.mayerbrown.com/publications/article.asp%3Fid%3D10534+General+License+No.+1+lib ya&hl=en&gl=us&pid=bl&srcid=ADGEESiN6Pg7OzSOU1a9cI7uNhzTx7pNVrXRyyNZTmsj-wCTOoqOo5xX-XMkOsDhrtp-PE0q9A-h5aNcrz3wQD0NMrNC9u2AYaC0XNItptE9Z84rqP3FjWD_c4LhB 0M3g2a9lBoxlyu_&sig=AHIEtbSKWgsVQsjrdJfbMRJuo8pZyGBREg) imposing a wave of sanctions against Libya, not only freezing Libyan assets, but barring Americans from having business dealings with Libyan banks.
So raise your hand if you knew that the United States has been extending billions of dollars in aid to Qaddafi and to the Central Bank of Libya, through a Libyan-owned subsidiary bank operating out of Bahrain. And raise your hand if you knew that, just a week or so after Obama’s executive order, the U.S. Treasury Department quietly issued an order (http://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20110304.aspx) exempting this and other Libyan-owned banks to continue operating without sanction.
http://www.rollingstone.com/politics/blogs/taibblog/why-is-the-fed-bailing-out-qaddafi-20110401
So raise your hand if you knew that the United States has been extending billions of dollars in aid to Qaddafi and to the Central Bank of Libya, through a Libyan-owned subsidiary bank operating out of Bahrain. And raise your hand if you knew that, just a week or so after Obama’s executive order, the U.S. Treasury Department quietly issued an order (http://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20110304.aspx) exempting this and other Libyan-owned banks to continue operating without sanction.
http://www.rollingstone.com/politics/blogs/taibblog/why-is-the-fed-bailing-out-qaddafi-20110401