President Bush unveiled a new executive order that allows the administration to block bank accounts and any other financial assets that might be found in this country belonging to people, companies or groups that the United States deems are working to threaten stability in Iraq.

Bush cited the "unusual and extraordinary threat" to national security and foreign policy of the United States "posed by acts of violence threatening the peace and stability of Iraq and undermining efforts to promote economic reconstruction and political reform in Iraq and to provide humanitarian assistance to the Iraqi people."

Unconstitutional search and seizure anyone? They already could do this, they just needed a court order and some measure of proof the money was being used illegally. Now they think they can do so by executive fiat? And just out of curiosity, what does "working to threaten stability in Iraq" mean? Does this mean Blackwater gets their funds seized? For some reason I doubt it.

U.S. to crack down on terror bankrolls - USATODAY.com