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Even though Iran is on the US blacklist, tens of thousands of exceptions are being made by the Treasury Dept to allow corporations to do business in Iran. In one case a politician stepped in to fast track one approval.
It seems our policy of allowing humanitarian aid is rather gray and allows much leeway. Sanctions then become a big farce and don't mean anything.
And the Treasury Dept approves these ????
So US companies are still doing business with Iran, North Korea, etc in spite of trade embargos. Nearly $2 billion in trade was done.
And I must say that lately the NYT has been putting out more "exposing" articles than not.
http://www.nytimes.com/2010/12/24/wo...ions.html?_r=2
At the behest of a host of companies — from Kraft Food and Pepsi to some of the nation’s largest banks — a little-known office of the Treasury Department has granted nearly 10,000 licenses for deals involving countries that have been cast into economic purgatory, beyond the reach of American business.
..
“But when you create loopholes like this that you can drive a Mack truck through, you are giving countries something for nothing, and they just laugh in their teeth. I think there have been abuses.”
"But as the administration tries to press Iran even harder to abandon its nuclear program — officials this week announced several new sanctions measures — some diplomats and foreign affairs experts worry that by allowing the sale of even small-ticket items with no military application, the United States muddies its moral and diplomatic authority. "
Gee, ya think?!!
Consumers can vote with their wallets: contact those companies and tell them you'll boycott their products until they pull out of doing trade with Iran.
And yet there were companies who continued to go around the State Dept. and blatantly ignore even getting waivers. Such as the parent company Halliburton...and not just "humanitarian aid", but nuclear technology!!!
Halliburton, the notorious U.S. energy company, sold key nuclear-reactor components to a private Iranian oil company called Oriental Oil Kish as recently as 2005, using offshore subsidiaries to circumvent U.S. sanctions.
Between this and the various wikileak cables, it's becoming quite clear that US foreign policy is heavily influenced by corporate interests who want to make a buck regardless of the state of affairs.
No wonder the USG is trying hard to control the flow of information.
And yet there were companies who continued to go around the State Dept. and blatantly ignore even getting waivers. Such as the parent company Halliburton...and not just "humanitarian aid", but nuclear technology!!!
When you have friends in high places then you can make up your own rules.
The USG does not serve the people anymore.
Now what I find odd is that this is the Treasury Dept issuing these exception licenses.
Not the State Dept but the Treasury Dept.
Maybe to fly under the radar in reports ? State Dept reports would show nothing questionable and who would check Treasury reports for something like this ?
Even though Iran is on the US blacklist, tens of thousands of exceptions are being made by the Treasury Dept to allow corporations to do business in Iran. In one case a politician stepped in to fast track one approval.
It seems our policy of allowing humanitarian aid is rather gray and allows much leeway. Sanctions then become a big farce and don't mean anything.
And the Treasury Dept approves these ????
So US companies are still doing business with Iran, North Korea, etc in spite of trade embargos. Nearly $2 billion in trade was done.
And I must say that lately the NYT has been putting out more "exposing" articles than not.
http://www.nytimes.com/2010/12/24/wo...ions.html?_r=2
At the behest of a host of companies — from Kraft Food and Pepsi to some of the nation’s largest banks — a little-known office of the Treasury Department has granted nearly 10,000 licenses for deals involving countries that have been cast into economic purgatory, beyond the reach of American business.
..
“But when you create loopholes like this that you can drive a Mack truck through, you are giving countries something for nothing, and they just laugh in their teeth. I think there have been abuses.”
Further proof we've got the best government that money can buy.
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