Wednesday, October 16, 2013

OF SANCTIONS AND CURSING

As I am getting ready to post today's notes, it appears D.C.'s shutdown showdown may be nearing an end, but look at why we may not be out of the woods just yet.

On October 14th, Benjamin Netanyahu publicly called for the P5+1 group to STRENGHTHEN sanctions against Iran.

It would be a historic mistake now to ease the pressure on Iran just before they achieve their aim,” Netanyahu said today at the Knesset, Israel’s parliament in Jerusalem. “We must remember that it was international pressure that led to internal change in Iran, that brought the Iranians to make any concessions and to the negotiating table."

Netanyahu Says UN Must Not Ease Economic Sanctions Against Iran

Bloomberg goes on to note:

Netanyahu, 63, made similar points during a Sept. 30 White House meeting with President Barack Obama, who had earlier spoken on the phone with Rouhani, in the highest-level contact between the two countries since Iran’s Islamic revolution of 1979.

So . . . on September 30th, Netanyahu cautions President Obama about Iran. Several hours later, the U.S. government shutdown. When Netanyahu spoke to the U.N. General Assembly, he did so from a podium in a country whose government was shutdown and functioning only in the technical sense of the word.

As I noted in yesterday's post, lengthy articles or transcripts of the P5+1 meetings are rarely given, but Ulsterman notes, via The Hill, that the U.S. announced on October 15th, one day after Netanyahu called for strengthening of sanctions, that President Obama is prepared to LIFT ALL SANCTIONS AND TO DO SO QUICKLY.

Could this have been any more of a public slap to Netanyahu? Not only is President Obama going to ignore Netanyahu's admonition but do away with the sanctions as soon as possible and will do so quickly when he does.

So let's line this out just a little bit more.

The sanctions imposed against Iran have everything to do with their economy. By lifting the sanctions, President Obama will be improving the Iranian economy -- he will be financially helping Israel's sworn enemies. By lifting the sanctions, he is signaling NO repercussions for Iran's aggressive pursuit of a nuclear program.

On the SAME DAY as the P5+1 met with Iran and as news was released that President Obama is ready to lift sanctions against Iran and against the wishes of Benjamin Netanyahu, not only did "deal" after "deal" collapse in Washington, D.C., but Fitch placed the U.S. on a ratings watch.

Fitch Places United States' 'AAA' on Rating Watch Negative

Lifting the sanctions is nothing short of a curse upon Israel; therefore, we will bring cursing upon ourselves. And because this curse involves the Iranian economy, then I strongly suspect that the problems in our own economy will not get better, even with a "debt deal" out of Washington, but only get worse.

King World News reported that William Kaye, "one of the savviest and most well-connected hedge fund managers in the world," said this in an interview:

". . . I would say that the fourth quarter of this year is most likely the end game."

Remember Mercedes-Benz' promise at the Super Bowl this year?



Kaye also said this:

“The West is being run by corrupt, evil human beings, and we are now in the final stages of what will be seen in the fullness of time as a catastrophic end game.”