Obama’s Iran Loopholes – With exemptions wide enough to fit an ICBM nuclear warhead, the sanctions are mostly smoke for 20 major Iran trading partners.
Dear PAC Members, Friends and Activists,
Here’s just one more among many reasons that this November’s elections are the most important in our lifetimes!!!
Many of us have heard our Congressional leaders, AIPAC activists and other experts in the mix speak of “crippling sanctions” on Iran’s petroleum industry. Periodically, we get an email or press release bragging about the passage – by a praiseworthy overwhelming majority in Congress – of another round of de facto international restrictions on the Government of Iran, its Central Bank, or the IRGC.
Leave it to the Obama Administration, then, to dilute these hard-earned legislative and policy victories with a simple stroke of a naïve, if not dangerous, pen.
Please read this brief exposé and judge for yourselves.
Obama’s Iran Loopholes
All 20 of Iran’s major trading partners have sanction exemptions.
In Istanbul Tuesday, U.S. and Iranian nuclear negotiators meet for the fourth time in four months, with the classic diplomatic assignment of talking about whether to hold future talks. They’ll likely agree to do so, but the real news happened under the radar last week: Though economic sanctions still haven’t slowed or stopped Iran’s nuclear drive, the Obama Administration has decided to make them even weaker. The Iran sanctions regime is looking like the U.S. tax code—filled with loopholes …