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Thread: OT: American Politics

  1. #77681
    Wayward Ditch Pig MindzEye's Avatar
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    Default Re: OT: American Politics

    Quote Originally Posted by Altair View Post
    Only mildly successful when you consider how much of the money they got freed up went into middle east interventions.
    Why are we judging a nuclear deal on what the country no longer sanctioned is doing with the money freed up by no longer being sanctioned?

    The nuclear deal was hugely successful because....

    But it did keep them from advancing their nuclear program.
    and that's putting it mildly. It didn't just stop them from advancing it. The deal dismantled their nuclear program.

    But if the US stops doing business with any company that does business with Iran, there isn't much Europe can do.
    There actually is quite a bit Brussels can do.

    https://www.politico.eu/article/brus...ons-on-friday/

    Juncker told reporters in Sofia that EU leaders decided Wednesday night to activate the so-called blocking statute, which bans European companies from complying with the U.S. sanctions against Iran.

    “We have the duty, the Commission and the European Union, to protect our European businesses,” said Juncker, adding: “We must act now and we will act now. That’s why we are launching the process to use the 1996 ‘blocking statute’ to neutralize the extraterritorial effects of U.S. sanctions on European companies … We will do that tomorrow morning at 10:30.”

    The blocking statute would forbid EU companies, under threat of punishment, to cancel business ties with Iran because of the U.S. sanctions. To do that, the EU will need to update the law to include Donald Trump’s sanctions, a process that could take up to two months, depending on how fast the European Parliament and Council vote on the update. EU countries need to approve the text by a qualified majority, meaning skeptics like Germany alone would not be able to veto the law.

    Juncker also said that leaders have decided “to allow the European Investment Bank to facilitate European companies’ investment in Iran.” This means that the investment bank could potentially issue loans for companies that might no longer be covered by European banks, which are expected to withdraw their operations from Iran out of fear of consequences for their business with the United States.
    So yeah, firms that are balls deep in US business will play nice with agent orange's bullshit. But firms that aren't heavily involved in the US will have the support of the EIB to set up shop in Iran and they likely will take the opportunity.
    The amount of energy necessary to refute bullshit is an order of magnitude larger than is required to produce it.

  2. #77682
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    Default Re: OT: American Politics

    how many big global companies aren't trading in some way with the US market? it's by far the largest consumer market in the world. i'm sure there are some examples, but probably not very many.

    what about US companies that are having to cancel contracts now with iran now? i think boeing was one of them. they can't be too happy...

  3. #77683
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    Default Re: OT: American Politics

    Quote Originally Posted by mbow30 View Post
    how many big global companies aren't trading in some way with the US market? it's by far the largest consumer market in the world. i'm sure there are some examples, but probably not very many.

    what about US companies that are having to cancel contracts now with iran now? i think boeing was one of them. they can't be too happy...
    It matters a bit. They are destabilizing the middle east, at least in Iraq, Israel, Lebanon, Yemen, the UAE, and Saudi Arabia. They have quite a bit of blood on their hands, paid for with the money gotten from the deal. That has to be taken into consideration.

    But the deal did stop their nuclear program, that much is true. I would have kept the deal alive for that reason alone, and out out their other fires as they popped up.

    Any big multinational company isn't going to give up the American market in order to trade with Iran. Some small ones with no American operations sure, some companies set up to do only business with Iran, sure, but look towards Iran being locked out of any big technology firm, aircraft makers, rail companies, auto sectors, telecommunications, probably down to things like wine.

    What you will see are several small shipping companies set up to export Iranian oil, not much more than that.
    No one loves the warrior until the enemy is at the gate.

    Quote Originally Posted by zeke View Post
    An idiot grunt like habitants should be enraged.

  4. #77684
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    Default Re: OT: American Politics

    iran's was pouring money into destabilization campaigns well before 2015.

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