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Obama backs effort to recover Arab Spring assets
Houston Chronicle ^
| September 11, 2012
Posted on 09/12/2012 2:33:07 PM PDT by combat_boots
DOHA, Qatar (AP) U.S. President Barack Obama reaffirmed American support Tuesday for Arab Spring nations seeking to recover possibly billions of dollars in assets stashed away by members of the toppled regimes.
But one of Obama's senior advisers noted that international legal obstacles still remain to track down and reclaim looted money that is often hidden under false names and dummy corporations.
"This money potentially billions of dollars does not belong to those who wielded power. It belongs to the people," Obama said in a video message to open a conference on efforts to trace and recovery state funds from the deposed rulers in Libya, Tunisia and Egypt.
The three-day meeting in Qatar's capital Doha marks the latest initiative by Mideast and Western allies to strengthen international cooperation to recover state funds from the deposed regimes in the Middle East.
Obama said the funds are crucial to help rebuild and "help advance transitions to democracy" after Arab Spring upheavals.
Qatar and other Persian Gulf states are strong backers of Syrian rebels fighting the forces of president Bashar Assad. They favor aggressive measures to freeze assets of the Syrian government.
(Excerpt) Read more at chron.com ...
TOPICS: News/Current Events
KEYWORDS: islam; obama; us; wot
HE, Holder and some other person WERE IN DOHA. Do the math....and the mileage. He was waiting for the payoff, no doubt. Ring-side seat, folks. Also watch the WH YouTube channel to hear his message of 'inspiration' to the 'Arab Spring.' Freedom. Winning. You know.
The AQ magazine, Inspire Freedom, tahrir (son of) Conqueror/Warrior, Benghazi
So they create a problem for his re-election and he gives them what they want. Brilliant.
I have no problem with the camel jockeys getting their money back minus of course our expenses in helping them gain power.
The expenses could run into the billions.
“The expenses could run into the billions.”
Trillions, cluster yucks are expensive...
posted on 09/12/2012 2:37:55 PM PDT
by A Strict Constructionist
(We're an Oligrachy...Resistance to tyrants is obedience to God. Thomas Jefferson)
First the Kenyan-in-Chief apologizes to them - now he wants to bankroll them. How much lower can we go?
Genuflectimus non ad principem sed ad Principem Pacis!
Listen, O isles, unto me; and hearken, ye people, from far; The LORD hath called me from the womb; from the bowels of my mother hath he made mention of my name. (Isaiah 49:1 KJV)
posted on 09/12/2012 2:39:21 PM PDT
(HM/2 USN, 3/5 Marines RVN 1969 - St. Michael the Archangel defend us in Battle!)
Still looking for Daffy’s gold, he is.
posted on 09/12/2012 2:41:44 PM PDT
(http://junipersec.wordpress.com (I will fear no muslim))
THEIR money...try OUR money!
posted on 09/12/2012 2:43:37 PM PDT
(Ron Swanson for President!)
How about they get the leftovers after all of our expenses are recovered first?
posted on 09/12/2012 3:13:12 PM PDT
( (free speech is only good until someone else doesn't like it)
To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...
...reaffirmed American support Tuesday for Arab Spring nations seeking to recover possibly billions of dollars in assets stashed away by members of the toppled regimes.
posted on 09/12/2012 8:34:54 PM PDT
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