No, basically it means they can double park in front of fire hydrants. The Interpol Agents in the US are employed by the Justice department, they have no subpoena or arrest powers, You know how cops in one state can get fingerprint records from another state to ID some one ? Interpol is an international version of that.
Seems some Constitutional 4th Amend. issues are exempt if INTERPOL does them.
http://www.examiner.com/x-3132-Philadelphia-Conservative-Examiner~y2009m12d22-Obama-exempts-INTERPOL-from-search-and-seizure-on-US-landsINTERPOL. Two sets of important privileges and immunities were withheld: Section 2(c) (presented in full text above), and the remaining sections cited (all of which deal with differing taxes).
And then comes December 17, 2009, and President Obama. The exemptions in EO 12425 were removed:
By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 1 of the International Organizations Immunities Act (22 U.S.C. 288), and in order to extend the appropriate privileges, exemptions, and immunities to the International Criminal Police Organization (INTERPOL), it is hereby ordered that Executive Order 12425 of June 16, 1983, as amended, is further amended by deleting from the first sentence the words "except those provided by Section 2(c), Section 3, Section 4, Section 5, and Section 6 of that Act" and the semicolon that immediately precedes them.
What does this mean? It means that we have an international police force authorized to act within the United States that is no longer subject to 4th Amendment Search and Seizure. The "property and assets of [INTERPOL], wherever located and by whomsoever held, shall be immune from search, unless such immunity be expressly waived, and from confiscation."INTERPOL, an international criminal police organization, is now poised to reside above the United States Constitution - in a place of sanctity beyond our FBI, CIA, DIA, and all other criminal investigatory domestic organizations.
President Obama has just placed our Constitutional rights under international law.