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.
Translation? Russia and China would still be allowed to sell gasoline, weaponry and nuclear technology to Iran with Obama's blessing.
This, I guess, is what the Administration meant when they talked about Russia and China 'coming on board for sanctions'!
While Iran is a major oil producer, it lacks adequate refineries and is forced to rely on imported gasoline. The regime has had rationing in place for a very long time, and while we dither is is furiously working on transforming its military vehicles to run on natural gas.
Bottom line? Obama has no plan for Iran, exactly as SecDef Gates finally admitted.
Rather than admit it, Obama is willing to settle for phony sanctions with loopholes large enough to drive a truck through so he can say he 'did something.'
Ultimately, Obama is willing to live with a nuclear Iran no matter what it does to peace in the region, US security or our economy when the mullahs decide to shut down the Persian Gulf.He's simply voting 'present' on the matter to avoid th etough decisions.
Voltaire had the right of it when he said that history repeats itself, first as tragedy, then as farce. Except that this is both.
In the mean time, the centrifuges keep spinning.