EPIC FURY OR ENDLESS FURRY: Pay to Slay Billions to Iran Used Against our Troops

Past “consequences” for terrorism against America have frequently been “furry,” giving little to no deterrent value against eliminating, exploding, and incinerating persons and property.

Incredibly, America even hand-delivered cargoes of cash to “repay” terrorism cash-on-the dollar!

WATCH: Obama wrote secret letter to Iranian leader Khamenei

2 days after cash delivery, U.S. paid $1.3 billion to Iran

WASHINGTON — The Obama administration said Wednesday it paid $1.3 billion in interest to Iran in January to resolve a decades-old dispute over an undelivered military sale, two days after allowing $400 million in cash to fly to Tehran.

State Department spokeswoman Elizabeth Trudeau says the U.S. couldn’t say more about the Jan. 19 payments because of diplomatic sensitivities. They involved 13 separate payments of $99,999,999.99 and final payment of about $10 million. There was no explanation for the Treasury Department keeping the individual transactions under $100 million.

The money settles a dispute over a $400 million payment made in the 1970s by the U.S.-backed shah’s government for military equipment. The equipment was never delivered because of the 1979 Islamic Revolution that overthrew the shah and ended diplomatic relations between the U.S. and Iran.

On Jan. 17, the administration paid Iran the account’s $400 million principal in pallets of euros, Swiss francs and other foreign currency, raising questions about the unusual payment. The $1.3 billion covers what Iran and the U.S. agreed would be the interest on the $400 million over the decades.

The deal has faced increased scrutiny since the administration’s acknowledgment this month that it used the money as leverage to ensure the release of four American prisoners.

Republican critics accuse the administration of paying a “ransom.”

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Lifting Sanctions Will Release $100 Billion To Iran. Then What?

Jackie Northam

$100 billion: That’s roughly how much the U.S. Treasury Department says Iran stands to recover once sanctions are lifted under the new nuclear deal. The money comes from Iranian oil sales and has been piling up in some international banks over the past few years. But there are questions about what Iran will do with this windfall.

Oil is one of Iran’s most valuable commodities. And, sanctions or no sanctions, Iran found buyers over the past few years. Month after month, millions of dollars of oil revenues were added to its ledgers. But Iran hasn’t been able to get its hands on that cash. It’s frozen in overseas banks.

“The money is sitting in China, India, Japan, South Korea, Turkey, maybe a little bit in Taiwan,” says Mark Dubowitz, the executive director of the Foundation for Defense of Democracies. “Those countries were buyers of Iranian oil.”

Dubowitz, a sanctions specialist who is critical of the deal, says Iran hasn’t been able to access the roughly $100 billion sitting in those banks because of sanctions imposed by the U.S. in 2012.

He says the mostly Asian nations buying oil from Iran agreed to hold the funds in escrow until the sanctions are lifted. In other words, Iran sold them the oil but couldn’t move the cash back home. However, it was allowed to spend the money to buy goods from those countries.

“That’s why you saw Chinese goods, in particular, flooding Iranian stores and markets,” Dubowitz says. “But the problem is, try as they could, they couldn’t find enough to buy to spend down those accounts. So the money effectively continued piling up as Iran sold more oil.”

Dubowitz says the system basically cut off Iran’s access to the bulk of its foreign reserves. But with the nuclear deal, Iran will be able to access the $100 billion after the International Atomic Energy Agency verifies that it has implemented nuclear-related measures under the agreement.

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