U.S. to Give Iran Another $2.8 Billion, Concedes Enrichment

U.S. to Give Iran Another $2.8 Billion, Concedes Enrichment

News recently broke that resolution with Iran over their nuclear program broke down and will be extended to November under the initial standing agreement. In other words, Obama granted Iran more time. Iran is the world’s number one state sponsor of Islamic terrorism with likely ties to supporting Hamas.

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Adam Kredo at the Washington Free Beacon reported that, “The United States will give Iran access to another $2.8 billion over the next several months and appears to have conceded to Iran’s demand that it be permitted to domestically enrich uranium, the key component in a nuclear weapon.”

In case you missed the significance of the deadline, Obama decided to extend talks past the July 20 deadline. Don’t expect anything to happen until after the November midterm elections. How convenient.

According to Kredo’s report, “the United States already returned to Iran $4.2 billion in unfrozen oil assets during the past six months of the interim nuclear deal.” So in essence that which was best affecting Iran — hardline economic sanctions –is being relaxed while Iran proceeds with enriching uranium. Remember when Obama stated in his 2009 inaugural address, “we will extend a hand if you are willing to unclench your fist” – and even threw in a happy new year greeting in Farsi for a video to Iranians? Where is the hard line Obama spoke about?

Kredo also reports “As part of the JPOA [Joint Plan of Action] extension, Iran will be allowed access in tranches over the next four months to $2.8 billion from its restricted overseas assets.” It’s apparent that the only reason Iran is “unclenching its fist” is to collect the revenues flowing back to them.

White House officials admitted that U.S. negotiators have told Tehran that they will allow it to preserve some of its domestic enrichment capabilities, something that Congress has opposed.

“As part of the JPOA [Joint Plan of Action] extension, Iran will be allowed access in tranches over the next four months to $2.8 billion from its restricted overseas assets,” a senior administration official told reporters on a conference call over the weekend. “Those assets, which are largely unavailable to Iran, are more than $100 billion.”

These frozen assets have “actually increased” over the last six months due to increased oil revenues flowing into Tehran as a result of sanctions relief provided by the United States.

“So they will get access to $2.8 billion from these restricted accounts, which is the pro-rated amount of the relief that was provided in the [Joint Plan of Action] period, which had been $4.2 billion,” the official said.

The United States will also continue to provide Iran with sanctions relief, including the suspension of sanctions on automotive imports, petrochemical exports, and gold trades, according to the White House.

Photo courtesy of Google.com

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