Executive Order 13303 was issued on May 22, 2003 by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq from any legal attachments or liens. Further, it protects Iraqi oil products and interests and ownership by US persons (defined to include US corporations) from attachment as well. Executive Order 13303 also terminates sanctions specified in EO 12722, EO 12724, EO 13290, as it applies to the development fund. In effect, EO 13303 provides an extraordinarily broad legal shield for any and all contractors and mercenaries working in Iraq on behalf of US corporations in any oil related enterprise.
Read more about Executive Order 13303: Effects of EO 13303, Controversy
Famous quotes containing the words executive and/or order:
“... the wife of an executive would be a better wife had she been a secretary first. As a secretary, you learn to adjust to the boss’s moods. Many marriages would be happier if the wife would do that.”
—Anne Bogan, U.S. executive secretary. As quoted in Working, book 1, by Studs Terkel (1973)
“There surely is a being who presides over the universe; and who, with infinite wisdom and power, has reduced the jarring elements into just order and proportion. Let speculative reasoners dispute, how far this beneficent being extends his care, and whether he prolongs our existence beyond the grave, in order to bestow on virtue its just reward, and render it fully triumphant.”
—David Hume (1711–1776)