Author Topic: Obama Cabinet Official: ‘Most’ of the Relief Money to Iran Won’t Fund Terrorism  (Read 611 times)

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rangerrebew

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Obama Cabinet Official: ‘Most’ of the Relief Money to Iran Won’t Fund Terrorism



By Joseph Perticone (3 hours ago) | Nation, Politics

 
 

Treasury Secretary Jack Lew acknowledged that large sums of money will be given to Iran as part of the sanctions relief, adding that “most” of it won’t directly fund terrorist operations in the Middle East.

Speaking at the Washington Institute for Near East Policy’s 30th Anniversary Gala last week, Lew alluded to the sanctions relief process and state-funded terrorism concerns, saying:


“Many Americans, and many of our closest allies, are understandably concerned that Iran will use the money it receives as a result of sanctions relief to fund terrorism and support destabilizing proxies throughout the Middle East.”

Lew continued, adding that the Obama administration shares those concerns. He also insisted that the administration will maintain sanctions that specifically address “these [terrorist] activities.” Lew assured the attendees that “most” of the relief money given to Iran will not fund terrorism:


“But it’s important to note that the connection between nuclear sanctions relief and Iran’s other malign activities is complicated, and most of the money Iran receives from sanctions relief will not be used to support those activities.”

During Lew’s remarks, he said that Iran will be under “enormous pressure” to improve its domestic economy, adding that funding terrorism is a “relatively small” part of Iran’s budget.

However, not everyone’s buying Lew’s statement. Mark Dubowitz, executive director of the Foundation for Defense of Democracies, spoke to Bloomberg’s Josh Rogin about the effort to give Iran relief money. Dubowitz said that:


“when you give bad people bad money, they use it for bad things.”

This week, Secretary of State John Kerry voiced his dissatisfaction with the “hysteria” over the nuclear deal with Iran. Kerry insisted that inspectors will have access “every single day.”

http://weaselzippers.us/222600-treasury-sec-jack-lew-most-of-the-sanction-relief-money-obama-giving-to-iran-wont-fund-terrorism/
« Last Edit: May 04, 2015, 05:49:19 pm by rangerrebew »

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Offline Luis Gonzalez

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Obama Cabinet Official: ‘Most’ of the Relief Money to Iran Won’t Fund Terrorism

 :facepalm2:
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Offline GourmetDan

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Obama Cabinet Official correctly bets that LIVs don't understand that money is fungible...

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