Saturday, October 31, 2009

Senate panel passes Iran sanctions

Senate panel passes Iran sanctions; JTA

The U.S. Senate Banking Committee passed an Iran sanctions bill by a unanimous vote.

The Comprehensive Iran Sanctions, Accountability and Divestment Act of 2009 passed Thursday includes the Iran Refined Petroleum Sanctions Act, which would strengthen the U.S. president's authority to sanction companies that help Iran import or produce refined petroleum. That is seen as potentially having a large impact on Iran's economy because the country imports up to 40 percent of its refined petroleum. Similar legislation was passed Wednesday by the U.S. House of Representatives Foreign Affairs Commitee.

It also includes portions of the Iran Sanctions Enabling Act, legislation passed by the House earlier this month that protects from lawsuits state and local pension funds who want to divest from Iran. In addition, it would ban all imports from Iran, strengthen export controls to stop the diversion of sensitive technology to Iran through third countries and mandate that the president file a report every six months on sanctionable activities.

The American Israel Public Affairs Committee and the Conference of Presidents of Major American Jewish Organizations both issued statements applauding passage of the bill in the committees. Both bills face further deliberation before full house votes.

"This comprehensive Iran sanctions legislation will reinforce American diplomacy should Iran continue to defy the international community and five U.N. Security Council resolutions by continuing to enrich uranium, refuse unfettered nuclear inspections and cover up the extent of its nuclear program," AIPAC said in a statement. "The law would force Tehran to confront a real choice: continue its illicit nuclear program and risk economic ruin or suspend the program and open the door to relief from sanctions."

Comment: This should have some very positive outcomes, like backing Iran further into a corner, thus uniting their country, and keeping our most productive men engaged with a new phase of the endless war.

A unanimous vote equates to a bunch of sheep lacking the intellect to think on their own. Not one US Senator voted against's time to repeal the 17th Amendment.

1 comment:

Kern for Congress said...

Bullying other countries with economic warfare? What could go wrong?