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re: Trump Administration Creativity: Bypassing Congress & VZL Oil Money in Qatar Bank Account

Posted on 1/15/26 at 2:21 pm to
Posted by Decatur
Member since Mar 2007
32765 posts
Posted on 1/15/26 at 2:21 pm to
quote:

I would think since America never received or had direct access to would clear that hurdle. Acting more as conservator on an estate


How do you say we won’t have direct access when Trump says he’s controlling the money?
Posted by BBONDS25
Member since Mar 2008
59474 posts
Posted on 1/15/26 at 2:24 pm to
quote:

but should these contracts be subject to federal contract bid laws?


I’d be all for this.

quote:

, Congress would have had to approved of the particular oil companies selected when voting on an appropriations bill to pay those oil companies...but I think the Administration is on its way to sidestepping Congress completely.


Watch which oil companies their spouses start investing in and jump on it.
Posted by IvoryBillMatt
Member since Mar 2020
10132 posts
Posted on 1/15/26 at 2:30 pm to
quote:

I’m sure everyone would be fine if Obama or Biden did this. No big deal


President Trump runs the country as if it were a real estate development company. In my opinion, that's a positive development. It's certainly light years better than the Autopen Adimistration.

I think he has a much more creative and bold team in Trump 2.0 that helps him skirt the Constitutional issues (i.e., shared power) that real estate developers don't have to navigate.
Posted by Timeoday
Easter Island
Member since Aug 2020
23264 posts
Posted on 1/15/26 at 2:31 pm to
quote:

I’m sure everyone would be fine if Obama or Biden did this. No big deal




Of course we would. But we all know Obama and Biden would not ever keep it in the name of Venezuela. They would give it to IRAN.
Posted by IvoryBillMatt
Member since Mar 2020
10132 posts
Posted on 1/15/26 at 2:31 pm to
quote:

Watch which oil companies their spouses start investing in and jump on it.


Good advice!
Posted by IvoryBillMatt
Member since Mar 2020
10132 posts
Posted on 1/15/26 at 2:33 pm to
Does anybody know how the particular pharmaceutical companies were selected for participation in Operation Warp Speed?
Posted by BBONDS25
Member since Mar 2008
59474 posts
Posted on 1/15/26 at 2:49 pm to

quote:

Does anybody know how the particular pharmaceutical companies were selected for participation in Operation Warp Speed?

Have not verified, but this is what AI says:
quote:

Pharmaceutical companies were selected for Operation Warp Speed (OWS) based on specific scientific and logistical criteria, primarily focusing on the potential for rapid development, manufacturing scalability, and the use of a diversified portfolio of vaccine platform technologies. The selection process was a joint effort between the U.S. Department of Health and Human Services (HHS) and the Department of Defense (DOD), in consultation with expert scientists and agencies like the National Institutes of Health (NIH) and the Biomedical Advanced Research and Development Authority (BARDA). The initial list of over 100 vaccine candidates was winnowed down to a short list, with a core group receiving significant government support for development and manufacturing.
Posted by IvoryBillMatt
Member since Mar 2020
10132 posts
Posted on 1/15/26 at 2:50 pm to
Thanks, Bonds. Helpful
Posted by IvoryBillMatt
Member since Mar 2020
10132 posts
Posted on 1/15/26 at 3:00 pm to
I THINK this is how the magnificent orange genuis is bypassing Congress. He is designating the funds to be remain the property of VENEZUELA, but Venezuela doesn't to decide how its funds are spent. The Executive Branch will decide how best to spend Venezuela's money. Congress has no say on how Venezuela's money is spent...or so the argument will go.

This really is an ingenious plan. Much better than Bush's with Iraq.

####

Sec. 5. Treatment of Foreign Government Deposit Funds. (a) In holding
the Foreign Government Deposit Funds, the Secretary of the Treasury shall:
(i) designate such funds in a manner that clearly reflects their status
as sovereign property of the Government of Venezuela held in custody
by the United States, and not as the property of the United States;

Federal Register: Safeguarding Venezuelan Oil
This post was edited on 1/15/26 at 3:13 pm
Posted by Jugbow
Member since Nov 2025
3592 posts
Posted on 1/15/26 at 3:01 pm to
Is this why Tucker qatarlson was at the oil meeting? I kid
Posted by Decatur
Member since Mar 2007
32765 posts
Posted on 1/15/26 at 3:04 pm to
quote:

I THINK this is how the magnificent orange genuis is stiffing Congress. He is designating the funds to be remain the property of VENEZUELA, but Venezuela doesn't to decide how its funds are spent. The Executive Branch will decide how best to spend Venezuela's money. Congress has no say on how Venezuela's money is spent...or so the argument will go. This really is an ingenious plan. Much better than Bush's with Iraq.


We’re not any closer on the question of constitutionality.
Posted by IvoryBillMatt
Member since Mar 2020
10132 posts
Posted on 1/15/26 at 3:10 pm to
quote:

I would think since America never received or had direct access to would clear that hurdle. Acting more as conservator on an estate


I think you're right Nosevens. I think the Administration will claim it's just spending Venezuela's money on behalf of the Venezuelan people.

The problem will be that we did receive the money, deposited it in Treasury-held accounts
...and that the money will be spent by the Secretary of the Treasury for the alleged benefit of the Venezuelan AND American people.

Ultimately, I wouldn't be surprised to see something like a Memorandum of Understanding from the Acting President of Venezuela saying the people of Venezuela wanted the people of the United States to benefit from the money being allocated to American corporations that employ American workers.

Posted by Timeoday
Easter Island
Member since Aug 2020
23264 posts
Posted on 1/15/26 at 3:15 pm to
quote:

Watch which oil companies their spouses start investing in and jump on it.


Pics?
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
37623 posts
Posted on 1/15/26 at 3:18 pm to
So it becomes Trump's private fund to do as he wishes?
Posted by IvoryBillMatt
Member since Mar 2020
10132 posts
Posted on 1/15/26 at 3:18 pm to
quote:

Is this why Tucker qatarlson was at the oil meeting? I kid


That might be an increasingly strong possibility. In all seriousness, you think he might be on that bank's board of directors?
This post was edited on 1/15/26 at 3:20 pm
Posted by Nosevens
Member since Apr 2019
19376 posts
Posted on 1/15/26 at 3:25 pm to
It’s what a conservator does is determine not own
Posted by Nosevens
Member since Apr 2019
19376 posts
Posted on 1/15/26 at 3:27 pm to
How would you consider it being Trump’s ?
Posted by IvoryBillMatt
Member since Mar 2020
10132 posts
Posted on 1/15/26 at 3:29 pm to
quote:

We’re not any closer on the question of constitutionality.


This being the language of the Appropriations Clause, I think that the Administration will argue that the money was never in the Treasury.

"No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law…”

Thanks to your helpful link, we know that---despite all appearances---the funds remain the SOVEREIGN property of Venezuela. Pretty brazen, but it might work.

Posted by Decatur
Member since Mar 2007
32765 posts
Posted on 1/15/26 at 3:34 pm to
quote:

This being the language of the Appropriations Clause, I think that the Administration will argue that the money was never in the Treasury.


So then how would a President have any control over the money?
Posted by IvoryBillMatt
Member since Mar 2020
10132 posts
Posted on 1/15/26 at 3:39 pm to
quote:

So it becomes Trump's private fund to do as he wishes?


That's the way I read it. The Executive gets to decide for the people of Venezuela how "their" money is spent...without any input from Congres or the people of Venezuela.

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