Posted on 10/09/2015 1:09:17 PM PDT by Isara
Senior U.S. officials have said anonymously that the Obama administration will violate federal law by implementing the Iran nuclear agreement.
A sanctions relief provision included in the deal that directs the U.S. to allow foreign subsidiaries of U.S. businesses to engage in activities with Iran if Tehran abides by the deals stipulations violates a law signed by President Obama in 2012 that closed this foreign subsidiary loophole.
Fox News reported:
[The law, the Iran Threat Reduction and Syria Human Rights Act (ITRA)] also stipulated, in Section 218, that when it comes to doing business with Iran, … what is prohibited for U.S. parent firms has to be prohibited for foreign subsidiaries, and what is allowed for foreign subsidiaries has to be allowed for U.S. parent firms. Whats more, ITRA contains language, in Section 605, requiring that the terms spelled out in Section 218 shall remain in effect until the president of the United States certifies two things to Congress: first, that Iran has been removed from the State Departments list of nations that sponsor terrorism, and second, that Iran has ceased the pursuit, acquisition, and development of weapons of mass destruction.
The Iran Nuclear Agreement Review Act, which Obama signed in May before the nuclear agreement was finalized, holds that any measure of statutory sanctions relief provided to Iran in the deal must be taken consistent with existing statutory requirements for such action.
As Iran remains on the State Departments list of countries that sponsor terrorism, the Obama administration would be violating the 2012 law by implementing the nuclear deal and allowing foreign subsidiaries to do business with Iran, the officials concluded.
While the State Department spokesman John Kirby expressed confidence Thursday that the administration has the authority to implement the provision of the deal related to foreign subsidiaries, Sen. Ted Cruz (R., Texas), a lawyer, said companies that allow foreign subsidiaries to engage in business with Iran could face criminal prosecution.
Lawmakers have previously accused the president of breaking the law in relation to the nuclear deal. Nearly 100 House Republicans, led by House Majority Leader Kevin McCarthy (R., Calif.), sent a letter to the president in August suggesting he was violating the Iran Nuclear Agreement Review Act by refusing to disclose side deals related to the agreement to Congress as it reviewed the deal.
Obama never released the side deals, but an apparent draft of one of the undisclosed agreements indicated that Iran would be able to use its own experts to inspect the Parchin nuclear site believed to have housed nuclear arms development.
As if anyone who had power to do something about it, cared.
High Crimes and Misdemeanors.
He has got all of them under his belt now.
Anybody got the guts for impeachment?
And, if there is any new-found will in the Congress at the onset of the Trump era.
The #BlackLivesMatter movement was created to SHIELD 0BAMA FROM IMPEACHMENT.
So Obama is violating the law again? So what’s one more? Yawn.
Would not the U.S. companies who set up foreign subsidiaries in Iran be subject to penalties for violating the law, no matter what 0bama says? Screw 0bama. If I were a shareholder in a U.S. company violating us law I would try to raise hell at a shareholders meeting. Hopefully most corporations will listen to their lawyers, not 0bama.
"The GOP, as always, has your back against the
stinking Americans, my Prophet and beloved King."
Exactly correct...it is the companies that will be liable in court, not Dear Leader. That is the beauty of it, US Business doesn’t have the “get outta jail free ‘cuz I’m a Democrat” card like Obozo.
Again?
He’s made that a habit.
If youd like to be on or off, please FR mail me.
..................
As though anycares.
The new Speaker is bound to have more backbone and gonads than Cryin' Johnny, the FIRST thing on his agenda should be IMPEACHMENT.
He's unimpeachable.
We both know why.
What the hell does this insane lunatic have to do to get impeached????? Has Congress sunk THAT LOW????
Stop all this racist impeachment talk.
Our Dictator must be obeyed.
ANONYMOUSLY?!?!? Come on, speak up, you disgusting little cowards. You're sitting there on your thrones doing nothing to stop him.
The point? As if anything will be done.
there is only selective law in America and obozo and those in the DC have NO laws of which they abide. Laws that are enforced are only for the common people in order to keep them under control as to not affect the ruling elite nor their power.
Yes. They have.
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