Iran is going broke

Good day all. Yet another Obama legacy is going down in flames. In the late stages of his maladministration, he and Secretary of State John “Kaptain Ketchup” Kerry shipped Iran over $100 billion dollars in currency for the promise not to nuke Israel and the United States for 10 years.

When President Trump took office, he promptly tossed that load of crap into the trash and ramped up the sanctions on Iran. Now they are starting to really hurt. It looks like Iran has spent all that cash that Obama gave them and can’t pay it’s bills. Here are the details from Fox News:

Crippling sanctions imposed by the United States on Iran since President Trump’s withdrawal from the nuclear deal last year have left pension funds throughout the country on the brink of collapse, according to documents reviewed by National Security Council officials and obtained by Fox News.

U.S. officials are pointing to this as evidence of just how punishing the ongoing “maximum pressure” campaign against Iran has been.

They have fewer resources. We can see it with the Shia militias in Iraq. They’re scrambling for resources. We think the Iranian government will shrink, that their GDP will shrink by as much as 12 or 14 percent this year,” Secretary of State Mike Pompeo said on “Fox News Sunday,” speaking to the economic impact. “This will reduce their capacity to purchase the things they need, the equipment they need, the materials they need, to inflict terror around the world.”

Hmm, I wonder if Iran hired the same people to manage their pension funds as the one who have been so successfully managing the pensions of Kalifornistan, Illinois, Connecticut and other deep blue states?

The impact has been so severe that of the 18 existing retirement funds in Iran, 17 are in the red, according to these documents. That includes the pension funds for all of Iran’s armed forces.

As much as 80 percent of Iran’s retirement funds rely on government subsidies, which the documents refer to as unsustainable for not just pensions but for food products, drugs and fuel.

Trump – who campaigned during the 2016 election calling the Obama-era nuclear agreement with Iran “the worst deal ever” – announced plans for the U.S. to withdraw from the deal in 2018.

However, American allies France, Britain and Germany are still in the Iran nuclear deal, trying to salvage it and allow Iran to sell its oil. Iranian officials have met with France and Japan, while China continues buying Iranian oil despite American sanctions.

Damn Eurotrash scum. Those flipping idiots can’t seem to understand that if Iran gets nukes, they will use them. First on Israel, then on the United States and finally on Europe. As far as I’m concerned, if Eurostan is going to allow Iranian ships to come into their ports, those same ships should be introduced to a Mark 48 torpedo from a Virginia class sub.

The details from the pressure campaign come amid reports that Trump is now considering throwing support behind a plan crafted by French President Emmanuel Macron that would extend a $15 billion line of credit to the regime in Tehran if leaders agree to come back into compliance with terms of the 2015 nuclear agreement.

That agreement was a load of crap in the first place. There are 2 reasons it ever saw the light of day. Obama supports Iran and John Kerry is a moron. Iran will never comply with that deal, ever. Besides, it only delays their getting a nuke, it doesn’t stop it.

Iran has been taking steps away from those terms, most recently announcing it would take new measures to speed up uranium enrichment as part of its nuclear program.

And this is called “Not helping!!”

Meanwhile, questions remain over whether Trump could meet with Iranian President Hassan Rouhani on the sidelines of the United Nations General Assembly in New York later this month. Trump has expressed a willingness to meet Rouhani, but the Iranian president has ruled it out, saying no meeting can take place until the United States drops sanctions.

And to that I say, go take a long walk off a short pier. As far as I’m concerned, the United States has been at war with Iran since 1979. We just haven’t done anything much to them. While Bolton was wrong about many things, which is why he was let go, he was right on Iran. We need to reduce them to stone-age technology and isolate them from the world.

We don’t need their oil and the leadership “Just needs killing”. Driving Iran into bankruptcy will cause the Iranian people to rethink their support for the Mad Mullahs. Nothing gets the proles motivated more than the certain knowledge that they will starve to death if the current leadership doesn’t change. With a little bit of luck, they will institute their own version of “Regime Change”.

Thatisall

1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 5.00 out of 5)
Loading...

~The Angry Webmaster~

 

Share my Musings on Social Media

About Angry Webmaster

I am the Angry Webmaster! Fear Me!
This entry was posted in Economy, Just Desserts, News of the Day, Stupidity, The Good Idea Fairy and tagged , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply