Obama Admin Advising Global Banks on Ways to Give Iran Money

 

Reporter: Is Admin Exploiting Loopholes For Iran?

The Obama administration is now advising foreign banks on how to bypass existing U.S. sanctions when dealing with Iran, according to the State Department, which disclosed that officials are offering guidance on how to grant the Islamic Republic access to billions of dollars in frozen assets.

However, the administration would not comment when pressed by reporters on whether foreign banks would be permitted to conduct monetary transactions with Iran using American dollars. Continue reading

Seven loopholes favoring a nuclear Iran in deal signed by the world powers

DEBKAfile was the first to report that a secret deal was for months already in the works, and it has come to pass. Now, here what we see is how much of a deal the Iranians get as opposed to what the US and Israel get, which is nothing out of it.

The first preliminary nuclear deal the six world powers (US, Russia, China, UK, France and German) signed with Iran before dawn Sunday, Nov. 24, at the end of a four-day marathon, failed to address the most questionable aspects of Iran’s nuclear program, i.e. its clandestine military dimensions. The accord confined itself to aspects of uranium enrichment and stockpiles. UN inspections were expanded – but not applied, for instance, to Iran’s concealed nuclear sites – or even the Parchin military base where Iran is suspected of having tested nuclear-related explosions. Continue reading

Trade Policy and Economic Decline

In a book titled SELLING US OUT, J.R. Martin writes of Chinese companies “exploiting loopholes in the U.S.-China tax treaty signed by the Reagan administration in 1986.” He asks what the Founding Fathers would say about our current trade deficit, and our indebtedness to communist-ruled China. Martin asks, “What would Washington and Adams think about the corrupt and destructive power of the two major political parties in America? How would they judge today’s capitalism?” Continue reading