US plans to freeze Saddam's financial resources, use them to rebuild Iraq

[Baggle]

• The Bush administration is also launching a financial attack on Saddam. The U.S. Treasury Department plans to announce Thursday a plans to freeze Saddam Hussein's financial assets, administration sources tell CNN.
http://www.cnn.com/2003/WORLD/meast/03/20/sprj.irq.war.main/index.html

I read this and chuckled. Probably the best move made so far. His money was made illegitimately, after all. Anybody have more information on this?

-Baggle

[aerocontrols]

Forbes (http://www.forbes.com/home/2003/02/26/billionaireland.html) says he's worth 'at least 2 billion'.


He's in the "Kings, Queens, and Despots" list.

MattJ

[Electric Monk]

In announcing this on CNN someone said that the administration was trying to freeze Iran's assets. :eek:

I don't think anyone noticed because there was no immediate correction.

--James

[bjornart]

I immediately thought: They haven't done that already? Taking away the illegitimate gains of tyrrants is something I wholly support. They should do that more often.

[Beebop]

Another brilliant notion from a coherent administration. I'm totally serious. Why does the USA always foot the bill? Thank you, thank you, thank you! Outstanding idea!