U.S. keeps freeze on Libya assets for now

[nofurylike]

Aug 22, 2011

http://www.reuters.com/article/2011/08/2...QF20110822

Aug 22 (Reuters) - The United States is keeping in place for now a freeze on billions of dollars of Libyan government assets, although the Treasury Department is considering how to provide financial assistance to rebel groups, an Obama administration official said on Monday.

More than 30 nations have recognized the rebel group, known as the Transitional National Council, or TNC, including six Arab countries, as the legitimate governing authority for Libya. The recognition has increased the likelihood the group will obtain access to funding, the official said.

-snip-

But Treasury is examining a legal framework that could pave the way for making some frozen Libyan government assets held in U.S. accounts available to the leadership of the TNC, the official said.

-snip-

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[jaxx]

The money belongs to the people and the country. I hope they can use it to help with democracy.

[nofurylike]

(08-23-2011 09:25 AM)jaxx Wrote:  The money belongs to the people and the country. I hope they can use it to help with democracy.

yes, it does. the Netherlands already released some funds for medical care for the rebels:

http://democratsforprogress.com/forum/sh...p?tid=8491

i hope so too, jaxx! it looks like it will be!
thanks!

[Born_A_Truman]

Don't they need to wait and see how this shakes out? I heard that the leaders of the rebel army won't be leading the new government but they have others who will be taking part from all walks of life over there.

[nofurylike]

(08-23-2011 11:56 AM)Born_A_Truman Wrote:  Don't they need to wait and see how this shakes out? I heard that the leaders of the rebel army won't be leading the new government but they have others who will be taking part from all walks of life over there.

exactly. it is good that countries supporting the rebels are holding that money for now. as i noted, money has been released for medical care for the rebels.

thanks, Pat!

[jaxx]

I think so Pat. Seems like they are in a wait and see mode, but ready to release some of the money for the people and to get the new government started.

[Cha]

Oh yeah, the current US Government has nothing to do with the success of the rebels as the gop candidates would have us think. Acting like President Obama is a ghost or something.

"Barack Who? GOP 2012 Candidates Respond To Qaddafi’s Fall By Writing Obama Out Of History".. there's another way to spell it.

Quote:The exception to this was former Pennsylvania Senator Rick Santorum. "Ridding the world of the likes of Gadhafi is a good thing," he wrote. "But this indecisive President had little to do with this triumph."

Quote:Former Utah Gov. Jon Huntsman had also opposed getting involved in the conflict. His press release failed to mention either that or the President:

http://tpmdc.talkingpointsmemo.com/2011/...hp?ref=fpb

Could ricky be any more of a butthole?

[nofurylike]

(08-24-2011 12:57 AM)Cha Wrote:  Oh yeah, the current US Government has nothing to do with the success of the rebels as the gop candidates would have us think. Acting like President Obama is a ghost or something.

"Barack Who? GOP 2012 Candidates Respond To Qaddafi’s Fall By Writing Obama Out Of History".. there's another way to spell it.

Quote:The exception to this was former Pennsylvania Senator Rick Santorum. "Ridding the world of the likes of Gadhafi is a good thing," he wrote. "But this indecisive President had little to do with this triumph."

Quote:Former Utah Gov. Jon Huntsman had also opposed getting involved in the conflict. His press release failed to mention either that or the President:

http://tpmdc.talkingpointsmemo.com/2011/...hp?ref=fpb

Could ricky be any more of a butthole?

i am sure we have not yet seen him peak.

wow. thank you for posting that, Cha. ugly, them.