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Pres. Obama signs an executive order tightening sanctions against Iran, expanding the power to...

Pres. Obama signs an executive order tightening sanctions against Iran, expanding the power to punish anyone conducting transactions using any payment method including bartering to purchase or acquire Iranian crude oil. Waivers authorized under the existing Iran sanctions law still apply under the new order.
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Comments (14)
  • montanamark
    , contributor
    Comments (1452) | Send Message
     
    LOL - the waivers make it meaningless - political posturing
    now, what about those national security leaks and Fast & Furious
    31 Jul 2012, 06:47 PM Reply Like
  • montanamark
    , contributor
    Comments (1452) | Send Message
     
    http://bit.ly/NjNPEH
    31 Jul 2012, 06:49 PM Reply Like
  • montanamark
    , contributor
    Comments (1452) | Send Message
     
    china exempt
    http://nyti.ms/MXYxot
    31 Jul 2012, 06:50 PM Reply Like
  • bill d
    , contributor
    Comments (1906) | Send Message
     
    Toothless tiger.
    31 Jul 2012, 08:13 PM Reply Like
  • Bruce Baxter
    , contributor
    Comments (29) | Send Message
     
    This makes no sense but as an energy investor, thank you Mr. President! They should be able to sell all the oil they want but nothing ought to be allowed back in. See how they start feeling when they are denied cigarettes, imported food, computers, cell phones, etc.
    31 Jul 2012, 09:41 PM Reply Like
  • scarlo
    , contributor
    Comments (75) | Send Message
     
    Whatever you do, protect those Dollars!
    31 Jul 2012, 10:12 PM Reply Like
  • 1tiredman66
    , contributor
    Comment (1) | Send Message
     
    how is it that we can bullishly mandate that another country cannot sell it's own oil to who or how they want? unless they receive american currency for that trade. or for that matter it's their oil and there right. "usa" needes to quit being the world's policeman and take care of the homeront here at home. pre world war I "one" isolationism! we cannot to continue to fund every bullying war printing paper! we are not the super power anymore- china is. what better way to dissolve our debt to china than to convert to the chinese yuan and in turn devalue our own currency to extinguish the debt to the chi coms! people need to take note of the thousands upon thousands of fema camps going up every where incognito. not a conspiracy nut--look at the facts! more to 911 than a terroist attack
    by it's self! 1tiredman66----------
    31 Jul 2012, 10:47 PM Reply Like
  • sec2709
    , contributor
    Comments (6) | Send Message
     
    Interesting thoughts! BTW, where are these Fema camps being set up? Where do I go to find the current list?
    1 Aug 2012, 08:16 AM Reply Like
  • User 575346
    , contributor
    Comments (2) | Send Message
     
    The USA seems to be in a corner and the dollar is being diminished, it does not like the rise of china, it knows the financial reckoning is coming via it's debt. I reckon the USA must have contributed to world peace (70 Y)but they are not getting any thanks for it so they should hand over the reigns to random events and monitor.
    1 Aug 2012, 08:26 AM Reply Like
  • scarlo
    , contributor
    Comments (75) | Send Message
     
    excellent synopsis!
    1 Aug 2012, 05:53 PM Reply Like
  • Glenn Doty
    , contributor
    Comments (1116) | Send Message
     
    The partisan comments here reflect a complete lack of understanding about the significance and impact of these sanctions. Iran is quickly being crushed by the sanctions, and their stubborn posturing to try to pretend otherwise is merely setting them up for more economic troubles down the line.

     

    Gain some perspective.

     

    http://seekingalpha.co...

     

    This isn't partisan. The desire to stop Iran from attaining nuclear weapons is an AMERICAN goal, and the effectiveness of the sanctions reflect an AMERICAN success. Petty partisan sniping should end at the border.
    1 Aug 2012, 08:50 AM Reply Like
  • bill d
    , contributor
    Comments (1906) | Send Message
     
    When the sanctions begin to be honored by all involved and enforced against those that don't, then I'll be concerned about "Petty partisan sniping".
    I say again - "Toothless tiger".
    We are a joke.
    1 Aug 2012, 02:55 PM Reply Like
  • Glenn Doty
    , contributor
    Comments (1116) | Send Message
     
    Bill d,

     

    You are simply and completely incorrect here. Iran has reduced its production to the lowest point in 22 years, and that production is dropping rapidly. PRIOR TO TODAY'S ANNOUNCEMENT, they were losing over 1 Mbbl/d in export, which was costing them more than $90 million/day, or ~0.6% of their entire 2011 GDP/month.

     

    Their inflation rate in 2011 was ~25%. It's now assumed to be greater than 40% and rising. The nation is being completely destroyed.

     

    You can call that "toothless" if you like. But there's no truth to the statement.
    1 Aug 2012, 04:34 PM Reply Like
  • bill d
    , contributor
    Comments (1906) | Send Message
     
    A little high on your inflation stats which have been all over the map since 1980 . ONE estimate of 40% - The head of the Iran-China Joint Chamber of Commerce, Asadollah Asgaroladi, estimated that annual inflation stood at 40 percent this month and that it would have been 27 percent without the currency slide, Khabaronline, a website close to the government, reported.
    Mainly due to cutting subsidies on food, gasoline, etc.
    Guess what would happen here if we did the same?
    http://bit.ly/PDXd6R
    Dream on - they still seem to be making progress on their nuclear ambition and citizens still put up with their maniac leader - Things can't be too bad for them yet.
    China won't let things get too bad.
    Neither will Israel.
    We'll see who is "simply and completely incorrect here".
    2 Aug 2012, 04:03 PM Reply Like
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