Trump Is About To Poke The Iran Hornet’s Nest: Here’s What Happens Next
Ok, so Donald Trump is about to decertify the Iran deal.
We went over this a couple of days ago when the Washington Post first reported that Trump is set to declare it "not in America's national interest."
Of course everyone knew this was coming. Trump has long been a vocal critic of the agreement (even though it's pretty clear he knows nothing about it) and his inflammatory speech at the U.N. last month gave little in the way of doubt. For those in need of a refresher, here's the clip:
The
Israel and AIPAC have a great influence and monetary control over Trump and members of congress.. That is why this f******ing moronic decision could be made. I hope Europe will continue to honour the agreement. Trump reminds me of Tiny Roland, a past CEO of Lonmin , a mining company years ago. He said ” an agreement is the basis for negotiation”
Was this treaty signed during the Obama administration? Of course it was and anything done in the prior 8 years, no matter the merits, must be be eradicated by the man-boy in the White House.
Not true or else FATCA would be repealed, as it should be.
Give it a moment or two IRB, In 2017, bills to repeal FATCA were introduced in Congress by Senator Rand and Representative Mark Meadows (R-NC) via H.R. 2054 in the House. In April 2017, the Oversight and Government Reform subcommittee on Government Operations held a hearing called ‘Reviewing the Unintended Consequences” of FATCA, chaired by Congressman Meadows. There’s only so many Obama laws they can repeal at one time!
But you have to keep an eye on Meadows, he’s a strange guy at night:
http://www.washingtonexaminer.com/mark-meadows-slept-with-his-in-laws-really/article/2636087
Yes I’d heard something about that congressional repeal of FATCA (but I don’t follow congress nearly as closely as you do apparently). Thing is, the SIFI and TBTF financials like onerous regulations because it thwarts start-ups and competition.
Meanwhile, a Deloitte study showed FATCA costs more than it generates, and it puts americans and small-midsize american business at a substantial competitive disadvantage around the world, as due to FATCA requirements, many foreign and global financials choose to simply refuse doing business with US individuals or companies anymore unless they’re rich. As most working abroad or trying to grow a business internationally know.
As for meadows, he’s not the only strange guy and it could be worse. Many pervs in that “career”, not just ones like weiner who get caught. Hookers say they get politicians aplenty and they’re often kinky.
Sleeping at your in-laws might actually be a positive if it cut costs but I doubt he really gives a rat’s ass about saving taxpayer-paid expenses.
What a farce! Doesn’t the US admin know that the US can’t sanction Iran anymore. US sanctions are now totally ineffective (without broad international agreement & enforcement) given the new Chinese petro-yuan which trades & prices crude/futures in Yuan and is 100% exchangeable for physical gold (keeping in mind that China is now the world’s largest consumer of oil and owner of proven physical gold reserves).
Sanctions or no sanctions, Iran prefers to sell oil for Yuan convertable-to-gold rather than for dollars convertible-to-US-debt (which is going to zero sometime). So does EVERY oil producer, and the only reason the Saudis don’t is because the US will refuse to sell Saudi sorely-needed defense equipment if Saudi stops accepting those POS dollars for crude.
Great analysis Heisenberg. And Chomsky, Hunt, and Warren. If you follow it with Knausgaard, Edwards, or more of Kocic’s Dark Side, what a wonderful autumn treat.
Second that.