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More Dollars for the Ayatollahs
Wall Street Journal via Yahoo ^ | 1 Apr, 2016 | Opinion

Posted on 04/02/2016 11:08:14 AM PDT by MtnClimber

In life you don’t get what you deserve, you get what you negotiate—or so we’ve read in airline magazines. But if you’re an Iranian mullah and you’re dealing with the Obama Administration, you can get more than you negotiated, and what you never deserved.

That’s the lesson we draw from the Obama Administration’s pending decision to give Iranian banks access to U.S. dollars, probably through offshore clearing houses, despite being under no obligation to do so under last year’s nuclear deal. As Treasury Secretary Jacob Lew told the Senate last year, “Iranian banks will not be able to clear U.S. dollars through New York,” or “hold correspondent account relationships with U.S. financial institutions, or enter into financing arrangements with U.S. banks.”

There’s a reason Tehran is under financial quarantine. The intergovernmental Financial Action Task Force on Money Laundering, or FATF, routinely issues warnings about doing business with Iran. In February it said it was “exceptionally concerned about Iran’s failure to address the risk of terrorist financing


TOPICS: History; Society
KEYWORDS: ayatolla

1 posted on 04/02/2016 11:08:14 AM PDT by MtnClimber
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To: MtnClimber

Who does 0bama hate most, Israel or the USA?


2 posted on 04/02/2016 11:09:06 AM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: MtnClimber

The link at Yahoo will take you to the WSJ site past the firewall.


3 posted on 04/02/2016 11:10:12 AM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: MtnClimber

What do you wanna bet that the missing $6 billion is secreted away in an Iranian bank that someone from the Obama administration has the access code to?

I’d say highly likely.


4 posted on 04/02/2016 11:11:11 AM PDT by jsanders2001
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To: MtnClimber

Obonzo just can’t get American taxpayer dollars to his Muzzie pals fast enough. He’s Iran’s own Santa Claus.


5 posted on 04/02/2016 11:11:32 AM PDT by FlingWingFlyer (America is not a dump, sewer or "refugee" camp. It's my home.)
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