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Seizure ... by whom? If we're asserting that the money is safer in Qatar than the US, that suggests that it is being protected because Qatar has something the US lacks — presumably a lack of accountability to American courts and Congress. www.semafor.com/article/01/1...

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From the EO issued last week, it looks like he's concerned about it being seized by plaintiffs with US judgments against Venezuela. (Also, not for nothing, I'm glad the "Venezuelan People" could at least get second-billing in the title.)

whitehouse.govSafeguarding Venezuelan Oil Revenue for the Good of the American and Venezuelan PeopleBy the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency

Yeah. The underlying scheme is illegal/unconstitutional in so many different ways, but at first glance the EO seems conceptually similar to EO 13303, which Pres. Bush issued to protect Iraqi oil revenue from attachment. The diff here is that he's simultaneously saying the $ is controlled by the US.

Rubio apparently has signing authority over the Qatari account, nominally held in custody for. Venezuela. So it’s a lot of layers they’re trying to give, but if the US Treasury has authority US courts can order discovery and transfer.

I dunno? It presumably depends on whether you think Trump extorted for his own benefit or that of the US. They're just illegal in different ways. Although I don't think the *idea* of the US holding assets on behalf of other sovereigns is unique; I believe we did it in WWII, for example.

Shouldn’t Venezuelans be mentioned First? Just because VZ terminated US Oil companies contracts - & decided to manage their own oil (including with Chevron) — does not mean VZ stole America’s oil as Trump has asserted! The oil has always and Now belongs to Venezuelans!

On the other hand, what authority does the USG have over Qatari banks or the Qatari judicial system? Anybody have any idea how many U.S. judgment creditors Venezuela has? Usually, IEEPA-restricted funds would be used to pay them first.

American oil giants don't need 'compensation'. United States needs to compensate Venezuela for the Venezuelan oil industry companies and property USA has stolen in the last decade.

Well, whether they deserve compensation or not, the oil companies have court judgments or arbitration awards for expropriation. I expect they’ll complain about it.

I wonder how much of the money will be used to build Trump properties someplace. Moreover, $500 million seems like a too round and exact a number to be believable. Who's buying it and where is the oil currently stored, if the transaction or transactions are real?

This story has been killing me in fury at business press: all these deals for the “U.S. govt” - U.S. steel, intel, Venezuelan oil — what accounts are they headed to? Why do I have a feeling Trump and his inbred sons are taking a cut?

We’ll never know how much money there is and how easy it will be for the felon to get his grubby hands on it whenever he feels like it. The corruption is astounding. And it’s just another Wednesday. This alone would’ve ended every presidency before this.

Doesn't this mean we attacked Venezuela and are now stealing their natural resources for presumably Trumps benefit? And they can't do anything about it because our military is still there?

The money (if it’s actually there) is in an offshore account so Trump can line his pockets with it, or distribute it as bribes and favors. No oversight.

Is Trump afraid that current or future Venezuelan governments would try to get their money back? Trump thinks he will control the money forever? or Trump will personally get the money after he leaves office? Trump could give the $ to Putin if he wanted. How is this legal?!?

Wonder if Kushner has a role in directing the investment of these funds. He has some history there and has been known to benefit from the "totally random" movement of gulf-associated money.

courts and congress can seize the money in US gov bank even thought its their money in the first place..... Senate Committee's should counter that they are moving military bases out of Qatar unless its changed.

Pure speculation on my part: If you needed a country with a very ambiguous extradition treaty that specifically exempts extradition for political acts/crimes, and you wanted to ensure your future lifestyle, when your term ends, you’d move to Qatar where you’ve stashed millions.

Heh Don, I am happy to host these funds in my Cornish bank account. Far safer than a US bank, I can keep an eye on it from my bedroom window and it’s next to the pasty shop. I’ll do it for a minimal fee, say 1.5%? Il bung in a gift, say a subscription to a clotted cream by post scheme?

To nullify congress' power of the purse, Trump can just appropriate funds from his illegal tariffs and oil sales and fund his own priorities, congress be damned. The king shakes the world for its lunch money to fund his reign of terror.

That was my first thought as well - can't be seized by the U.S. Treasury if Trump were to a) be removed from office; b) leave office in 2028; c) or die (goes to his kids). Can't be seized by anyone but Trump(s). The funny part about that is Qatar is NEVER going to give that money back to Trump.

So that way if there is an order to take a particular action with the money, they can claim Qatar has it and there’s nothing they can do about that because it’s now a foreign affairs issue and the court has no authority

Trump is — literally — robbing us blind. It’s how he bankrupted a casino and why he never took his company private. He takes in wads of cash and spends wads of cash. With no idea whether what’s coming in is more than what’s going out.

Guys, wake up! The capitalists behind Trump do not want any accountability because they need the lack thereof to keep accumulating capital and converting it into power. Join a CP, organise the working class, and seize power. FYI: CPUSA and DSA are growing.

edge of WWIII: US military fleeing Qatar base due to Trump / Republican war threats - even though Trump / Republicans GAVE QATAR a base in IDAHO. #qatar #idaho #trump #departmentofwar #usmilitary #republicans #maga #gop #democrats #usmilitary #usarmy #usairforce #usmarines #usnavy

Just try and stop him. I dare you. Go ahead and file those pretty lawsuits. Somewhere down the line, we might hear a verdict. Both speech and law have failed. Troops are literally breaking down the doors to innocent people's homes and killing them. It's Kristallnacht, and we know what happens next.

It will be interesting to see how much of the money will be returned if ever to the people of Venezuela. Do we know whether the money being held is in Bitcoin?

He’s stealing that countries money and putting it into his own pocket. This is why he wanted to get rid of the leader, so he could take their oil money. #Venezuela

Also, as I have pointed out before, Qatar has no extradition treaty with the U.S. Expect the Trump family to flee to Qatar in the future. bsky.app/profile/jame...

James Wooten@jameswooten.bsky.social

On the site formerly known as Twitter I suggested the Trump family would seek refuge in a country without an extradition treaty with the U.S. Interestingly, they’re visiting three of them this week.