Welcome to the Banana Republic
With a wave of his wand, Obama defies the law.
January 18, 2016
Kenneth R. Timmerman
In case you were just enjoying the weekend with your family and not listening to the news, the world changed over the past 48 hours.
The United States has now officially become a Banana Republic.
In sweeping moves that gave the lie to repeated assertions by Secretary of State John Kerry that there would be no “comprehensive” deal with Iran, the United States on Saturday gave Iran a clean bill of nuclear health, lifted sanctions on more than 400 Iranian government entities and individuals, and swapped U.S. citizens held hostage by Iran for Iranian nationals convicted of violating U.S. export control laws.
There was so much news over the weekend that the media has had a hard time keeping up. But not your government, which has been beavering away so they could trade away our sovereignty, our legal system, and our national security interests at the stroke of a pen.
The Treasury Department has been working for months to draft a package of implementing regulations for Obama’s ill-conceived nuclear deal. The thicket of U.S. sanctions on Iran has become so dense over the years that Treasury had to post a
separate web page with a guide to sanctions relief, which was split among eight separate statements.
My favorite was
a list of 400 Iranian state entities now removed from U.S. sanctions. I had been tracking many of those companies for years.
With a stroke of the pen Iranian banks, including the Central Bank (which I would call the money-launderer-in-chief), have returned to the international financial system, and once again can do business with the United States or move dollars around the world. Already on Sunday, the Central Bank
announced that it had reconnected to the international SWIFT wire transfer network, from which it had been banned under sanctions.
What this means is that Iran is now free to move the $100 billion or so released from blocking orders in Japan, South Korea, India, China, and Turkey, and move it anywhere it pleases, including to terrorist networks. It can also use the money to buy weapons, ballistic missile parts, or nuclear-related equipment, as long as they don’t originate in the United States.
That surely will be welcome news to the millions of Iranians who are unemployed, and to the thousands of political prisoners sitting in Iranian jails, who really, really want new toilets. And of course, all that money available for nuclear weapons and ballistic missiles will hearten Iran’s neighbors, Saudi Arabia and Israel.
Also freed from sanctions is the Islamic Republic of Iran Shipping Lines (IRISL), put on the U.S. list of terrorist-supporting entities because it has repeatedly been caught moving weapons and explosives to terrorists. And, of course, Iran Air, which can now graduate from moving terrorists and intelligence operatives under cover of on board air marshals, to becoming the best friend of the European Airbus consortium as
it seeks to purchase 114 Airbus jetliners.
Over at the Justice Department, U.S. government lawyers have been quietly negotiating with a variety of different district courts so they could spring
four convicted criminals and three men awaiting trial on the magic day.
The
national media is calling it a “prisoner exchange.” But the Iranian regime made clear it was not when they refused to release Iranian-American businessman Siamak Namazi as part of the deal. An English language dispatch from the government-run
FarsNews website explained, “Namazi remains in jail for his charges are financial, and not political.”
In other words, the five Americans released on Saturday by Tehran were hostages, whereas the seven Iranians released in the United States were charged with violating the U.S. criminal code.
The crooks won.
...
Welcome to the Banana Republic