Bush Seizes Assests Of Companies in Myanmar

On Thursday, President Bush froze the assets of state-owned companies in Myanmar. These companies all allegedly were aiding the nation’s military junta, which has been condemned by the international community for suppressing pro-democracy activists and their cause.

“These companies, in industries such as gems and timber, exploit the labor of the downtrodden Burmese people, but enrich only the generals,” Bush said of Myanmar, also known as Burma.

The new order allows the Bush administration to go after state-owned enterprises, something it didn’t have the authority to do. The U.S. government has the power to go after individuals and companies.

At the White House, during remarks Bush made marking the beginning of Asian Pacific American Heritage Month, Bush said the military regime in Myanmar continues to reject the will of its people to live under leaders of their own choosing.

Seems to have come in time when our government needs more money. Good going, Bush!?!

iNPLACENEWS

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