Posted on 05/17/2007 6:17:26 AM PDT by Zakeet
US Democratic presidential hope Barack Obama polished his national security credentials on Wednesday, introducing a Senate bill encouraging investors to cash out of projects which benefit Iran.
Obama, who most national polls have in second place in the Democratic field behind Hillary Clinton, targeted Iran's lucrative oil and gas industry in a bill spurred by the US belief the Islamic Republic is building nuclear arms.
The measure, also introduced in the House of Representatives by lawmakers Barney Frank and Tom Lantos, would help investors and state and local governments divest from instruments which benefit Iran.
"The Iranian government uses the billions of dollars it earns from its oil and gas industry to build its nuclear program and to fund terrorist groups that export its militaristic and radical ideology to Iraq and throughout the Middle East," Obama said in a statement.
"Pressuring companies to cut their financial ties with Iran is critical to ensuring that sanctions have their intended result.
(Excerpt) Read more at news.yahoo.com ...
This article is an AFP puff piece on the Rat presidential wannabe. Hussein (and his pal Barney) are deemed to have gained national security credentials for requiring US companies to rid themselves of investments in Iran - something that was done during the Carter Administration.
Meaningless measure because US companies are already forbidden from dealing with Iran.
this guy is a micron away from being a full blown socialist.
what a pair mrs. clinton and he will make.
Sister Souljah moment.
I thought I heard there was some phone company making cell phones in Iran. And another thing—I can hardly find any women’s shoes not made in China which is really irritating me.
Should read he polished his meaningless hype. BTW-—Which is only half the size of Hillary’s.
Well he should be asked how he has replaced the oil and dealt with the energy needs hardship that his proposal would cause. When it then comes out we get no oil from Iran anyway...the hoax would be obvious.
Wow. I read the heading and was thinking Osama Bin Laden. It really is difficult to differentiate the names, if you aren’t focused.
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