Oh well, there’s always next year…

The White House

Office of the Press Secretary

For Immediate Release
September 02, 2010
Presidential Memorandum-Continuation of Authorities Under the Trading With the Enemy Act

SUBJECT:  Continuation of the Exercise of Certain Authorities Under the Trading With the Enemy Act

Under section 101(b) of Public Law 95-223 (91 Stat. 1625; 50 U.S.C. App. 5(b) note), and a previous determination on September 11, 2009 (74 FR 47431, September 16, 2009), the exercise of certain authorities under the Trading With the Enemy Act is scheduled to terminate on September 14, 2010.

I hereby determine that the continuation for 1 year of the exercise of those authorities with respect to Cuba is in the national interest of the United States.

Therefore, consistent with the authority vested in me by section 101(b) of Public Law 95-223, I continue for 1 year, until September 14, 2011, the exercise of those authorities with respect to Cuba, as implemented by the Cuban Assets Control Regulations, 31 C.F.R. Part 515.

The Secretary of the Treasury is authorized and directed to publish this determination in the Federal Register.

BARACK OBAMA

2 thoughts on “Oh well, there’s always next year…”

  1. I wonder why he is doing this? You would expect him to get his wrong just like he gets everything else wrong? Why is he not just opening trade at once? What is his motive for doing the right thing?
    This could, then, be a crucial year for the bastards controlling Cuba.

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