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April 29, 2010
Obama Seeks To Soften Iran Sanctions
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White House seeks to soften Iran sanctions
The Obama administration is pressing Congress to provide an exemption from Iran sanctions to companies based in "cooperating countries," a move that likely would exempt Chinese and Russian concerns from penalties meant to discourage investment in Iran.
The Comprehensive Iran Sanctions, Accountability, and Divestment Act is in a House-Senate conference committee and is expected to reach President Obama's desk by Memorial Day.
"It's incredible the administration is asking for exemptions, under the table and winking and nodding, before the legislation is signed into law," Rep. Ileana Ros-Lehtinen, Florida Republican and a conference committee member, said in an interview. A White House official confirmed Wednesday that the administration was pushing the conference committee to adopt the exemption of "cooperating countries" in the legislation.
Although Iran is one of the world's leading oil exporters, it lacks the capacity to refine as much oil into gasoline as its domestic economy uses. Three years ago, the Iranian government imposed gasoline rations on the population.
"We're pushing for a 'cooperating-countries' exemption," the White House official said. "It is not targeted to any country in particular, but would be based on objective criteria and made in full consultation with the Congress."
Mrs. Ros-Lehtinen, however, said the exemption "is aimed at China and Russia specifically."
"The administration wants to give a pass to countries for merely supporting a watered-down, almost do-nothing U.N. resolution," she said.
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Wild Thing's comment........
So much for being tuff with Iran.
Posted by Wild Thing at April 29, 2010 06:45 AM
Comments
I think obama weighs all of his decisions and programs on how harmful they are to America. Then he picks the most harmful.
obama and the sorry assed Democrats are ruling America. None of them are serving. This is what incompetant voters have given us. Feel good socialism.
Posted by: TomR at April 29, 2010 11:10 AM
Well, darn. TomR just said pretty much what I intended to say.
This miserable communist muslim must be removed from office. If we don't get a SUPER majority this year, v2.0 may be inevitable. The only problem with that being it would be nearly as profitable to the enemy as what he's doing already, weakening us by said massive internal strife. It is up to those who've sworn the oath to do this quickly and cleanly.
Posted by: cmblake6 at April 29, 2010 03:06 PM
Ease up on the sanctions. obama's allowing Iran to get the bomb. Then this muzzie ratbastard dumps on Israel and orders them not to build settlements, now they are going to undermine the Netanyahu government ?
The biggest bunch of crooks, liars and thieves I have ever seen.
Posted by: Mark at April 29, 2010 07:12 PM