posted on Jun, 27 2008 @ 05:27 PM
Geez people, read the content of the material AND understand it before you jump to your simple-minded conclusions;
I further find that, as we deal with that threat through multilateral diplomacy, it is necessary to continue certain restrictions with
respect to North Korea that would otherwise be lifted pursuant to a forthcoming proclamation that will terminate the exercise of authorities under the
Trading With the Enemy Act (50 U.S.C. App. 1 et seq.) (TWEA) with respect to North Korea.
Translation: We (The U.S. and North Korea) are still seeking resolution of our nuclear differences through diplomacy, not military action.
Section 1. Except to the extent provided in statutes or in regulations, orders, directives, or licenses that may be issued pursuant to this order,
and notwithstanding any contract entered into or any license or permit granted prior to the date of this order, the following are blocked and may
not be transferred, paid, exported, withdrawn, or otherwise dealt in:
all property and interests in property of North Korea or a North Korean national that, pursuant to the President's authorities under the TWEA,
the exercise of which has been continued in accordance with section 101(b) of Public Law 95-223 (91 Stat. 1625; 50 U.S.C. App. 5(b) note), were
blocked as of June 16, 2000, and remained blocked immediately prior to the date of this order.
Sec. 2. Except to the extent provided in statutes or in regulations, orders, directives, or licenses that may be issued pursuant to this order, and
notwithstanding any contract entered into or any license or permit granted prior to the date of this order, United States persons may not register
a vessel in North Korea, obtain authorization for a vessel to fly the North Korean flag, or own, lease, operate, or insure any vessel flagged by North
Translation: Sec. 1 - U.S. citizens aren't allowed to trade or negotiate for any property with North Korea without authorization or a contract
approved by the U.S. government.
Translation: Sec. 2 - You can't register any mode of transportation in North Korea without U.S. authorization. You also cannot obtain authorization
by N. Korea or anyone but the U.S. government to fly the North Korean on a mode of transportation.
That's it. It lifts some of the sanctions put into place a while back, and today Bush took North Korea off the terrorist "Black List" because of
their full disclosure of their nuclear activities to China and the U.N.
Now if only Iran would follow this example and give a full disclosure of their "peaceful nuclear ambitions", a lot of pressure would be off in the
Middle East. Isreal would quit rattling the sabre and most likely the proce of oil would drop due to some perceived stability in the region.
[edit on 27-6-2008 by sos37]