News Focus
News Focus
Followers 87
Posts 14822
Boards Moderated 1
Alias Born 12/29/2002

Re: Garden Rose post# 164506

Sunday, 01/01/2012 11:15:49 PM

Sunday, January 01, 2012 11:15:49 PM

Post# of 575010
Fugaf, in further support of my previous post on Iran, take note of the following news article regarding the sanctions:

http://www.reuters.com/article/2012/01/01/us-iran-missile-idUSTRE80007E20120101

Of particular note in the article is "POSSIBLE WAIVERS

However, Obama asked for scope to apply the measures flexibly, and will have discretion to waive penalties. Senior U.S. officials said Washington was consulting foreign partners to ensure the new measures did not harm global energy markets."

As I've said, this was done for political posturing. It is an election year and gives Obama a look of "get tough w/Iran" image. However, those sanctions will not be implemented, that's why that waiver is in there. While everyone thinks we have strict sanctions against Iran, Obama will be quietly removing those sanctions out of public sight.
And the charade goes on.


Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today