Iran Nuclear Deal Unraveling?

President Obama and Iran are learning what it means to enter a deal without the support of Congress. Thumbing his nose at Congress, Obama has touted the nuclear deal with Iran as a great thing for the United States, Iran, and the whole world. He forgot one little tiny fact of the Constitution. The Constitutional scholar slept through the part about Congress being in charge of International Treaties. It does not appear than his phone and pen are going to save this one for his legacy. 

Secrets in Iran Nuke Deal

As Written by EBRAHIM NOROOZI/AP at Newsweek:

Iran has complained that Washington is preventing the country from rejoining the world economy.

Used clothing, toiletries and gifts worth no more than $100—for a decade, these were among the few Iranian products allowed into the U.S., thanks to crippling international sanctions. But when the Iran nuclear deal went into effect in January, Iran was suddenly allowed to resume exports of its famous Persian carpets and pistachios. Iranians also looked forward to reviving the country’s oil industry and gaining access to tens of billions of dollars in previously frozen petroleum revenues, which would provide a much-needed boost to the economy. Perhaps most important, American officials assured Tehran that foreign investment would return to the country, finally ending Iran’s pariah status. ”As soon as we suspend our major sanctions,” Wendy Sherman, the lead U.S. negotiator, had said in 2014, “the world will flood into Iran.”

Today, nearly six months after the deal was implemented, Iran is still waiting for those benefits. The country can’t access most of the estimated $100 billion it holds in foreign banks. The reason: U.S. laws, which weren’t included in the nuclear deal, are still highly restrictive. The foreign business hasn’t materialized because big European and Asian commercial banks are afraid they might inadvertently violate those non-nuclear U.S. sanctions and end up facing hefty penalties. Tehran is angry and says Washington is preventing the country from rejoining the world economy.




Sign up for our daily email and get the stories everyone is talking about.

Leave a Comment

Comment via Facebook

Comment via Disqus

  • dhd123

    The Iran “deal” was nothing more than giving Iran millions of dollars they will use in supporting more terrorism. To me that means our illustrious idiot in chief is supporting terrorism. Ain’t worth the paper and ink, it’s garbage.

    • Dave In Arizona

      Actually, Iran has received billions.

      • dhd123

        You are correct, I should have used the B instead of a M. Might I add, that we have people who have won lawsuits against Iran who should have received that money instead of Iran.

        • Dave In Arizona

          Yep, you are correct. Americans first, terrorists last (if at all).

    • usmadgirl

      I thought it was $150 BILLION! I guess O’Dumbo picked that off his money tree out back!

      • dhd123

        Yep, I used an M instead of the B.

  • Deplorable Robert

    Bet Val Jerrott is highly pissed that her puppet Barry hasn’t pulled this off yet. Mommy and Daddy Jerrott is waiting to suck up some of the big pay out.

  • Beckah

    So the traitor Kerry is running around the globe trying to teach bankers how to launder money to avoid fines? Par for the course! Sanctions against Iran had nearly broken their back, now they’re breathing again. You CANNOT make peace with people that want you dead. Reagan should have turned Iran into a parking lot!

  • aVet

    gee I’m shocked…you mean Kerry the Coward and the half breed in the WH lied to the people!!!!!

  • Dave In Arizona

    Was the Iran “deal” ever really ‘raveled’?

  • JOEL714