Utopia Talk / Politics / Trump: Beyond the reach of the courts

murder rank	Sun Jan 11 00:12:11 Trump seeks to stop courts, creditors from seizing Venezuelan oil revenue in the U.S. U.S. President Donald Trump on Friday signed an executive order that aims to block the seizure of Venezuelan oil revenue held in U.S. Treasury accounts. The executive order states that the revenue, which is held in foreign government deposit funds, are “held solely for sovereign purposes” and that any court attempt to seize the funds will “materially harm the national security and foreign policy” of the U.S. The order, which declared a national emergency, said the funds are the sovereign property of Venezuela held in U.S. custody for governmental and diplomatic means, and are not assets subject to private claims. Any use of judicial process against the funds will interfere with efforts to “ensure economic and political stability in Venezuela,” the order says. Trump signed the order nearly one week after U.S. military forces captured Venezuelan leader Nicolás Maduro and his wife, Cilia Flores, in Caracas. Both were indicted on drug-trafficking charges and have pleaded not guilty. Since the military operation, Trump has said that both nations “are working well together” on rebuilding Venezuela’s oil and gas infrastructure and that American oil giants will invest at least $100 billion in the South American country. Trump met with major oil industry executives on Friday afternoon in an effort to get U.S. oil companies to invest in Venezuela. In that meeting, ExxonMobil CEO Darren Woods told Trump that right now Venezuela is “uninvestable.” ConocoPhillips and ExxonMobil exited Venezuela after its government, under President Hugo Chávez, nationalized the country’s oil sector along with several other key industries. Both companies have filed arbitration cases against Venezuela seeking billions of dollars in compensation for assets that were expropriated by the government. Chevron is the only major U.S. oil company currently operating in Venezuela through a special license issued by the Trump administration. In his Friday order, Trump cited the 1977 International Emergency Economic Powers Act and the 1976 National Emergencies Act as legal justification for safeguarding Venezuelan oil revenue in U.S. accounts. The White House did not immediately respond to a CNBC request for comment. https://ww...ump-venezuela-oil-revenue.html
tumbleweed rank	Sun Jan 11 00:17:23 national emergency!!! god, we're in so many...
Paramount rank	Sun Jan 11 10:13:49 Maybe Venezuela can kidnap the US administration and then help fix your country?
murder rank	Sun Jan 11 17:55:19 Nothing is going to fix our country. Democrats allowed Republicans to openly plot to destroy the country, trusting that the American people wouldn't allow it to happen. I will be kind and call them naive. -
murder rank	Sun Jan 11 17:59:40 "national emergency!!!" It's his personal national security slush fund. Congress is okay with this. The Supreme Court is okay with this. Republicans are okay with this. The alternative is Obama wearing a tan suit or Kamala's weird laugh!!! -
tumbleweed rank	Sun Jan 11 20:19:28 i could be wrong but it seems the purpose of this order is to protect against oil companies suing Venezuela from getting their money whereas Trump's whole rationale was Venezuela 'stole' 'our' land & oil when ranting about Venezuela... the 'our' was the oil companies so basically Venezuela 'stole' from oil companies, then Trump now stealing it from Venezuela but not to return it... (not that he doesn't benefit oil companies plenty of other ways, but this -does- seem to be specifically to prevent oil companies lawsuits from targeting the money he's grabbing (by what rationale, i have no idea))
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