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Originally posted by JakiusFogg
Did anyone here actually read the order. As stated in the other thread on this subject, if you read the order you will see that the 'state of emergency' has been declared because of the possibility the US garnishing payments that ARE TO BE MADE to Russia in exchange for HEU. this garnishing puts at risk the agreement that has been in place for years. Meaning that If the US stop paying, Russia gets to keep its HEU which the US find unacceptable, because "russia is unstable" (hmmm more unstable than the US?)
Essentially its the Govs way of stopping someone from cutting the payments by scare tactics. nothing more
Originally posted by MrUncreated
I'm actually confused. Is he saying that we're in a state of emergency, because Russia has nukes?
The effect of this Executive Order is limited to property that is directly related to the implementation of the HEU Agreements. Such property will be clearly defined by the regulations, orders, directives, or licenses that will be issued pursuant to this Executive Order. I have delegated to the Secretary of the Treasury, in consultation with the Secretary of State, the authority to take such actions, including the promulgation of rules and regulations, and to employ all powers granted to the President by IEEPA as may be necessary to carry out the purposes of the order. All agencies of the United States Government are directed to take all appropriate measures within their authority to carry out the provisions of the order.
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.
Originally posted by Xcathdra
reply to post by rebellender
They are taking high yield and are converting it to low yield.edit on 1-7-2012 by Xcathdra because: (no reason given)
Originally posted by MrSpad
Originally posted by KeliOnyx
reply to post by Covertblack
It is more because we are supposed to be buying it from them according to the agreement. Mainly what this order does is keeps the material from falling into another parties hands due to the financial woes of USEC. Basically what it amounts to is keeping the process of breaking the weapon grade material down without Russia worrying that we tanked the USEC to get our hands on it for other purposes. Nothing really all that sinister going on.
Yes it is just to make sure the people resposible for breaking down and getting the material to us keep getting paid and that some lawsuit can not take the funds used for that purpose away in a lien or lawsuit etc. The US does not want Russia defaulting on the treaty because of economic problems. Started under Clinton and kept under Bush and now Obama.