Before we jump to the unthinkable idea of forgoing an additional $10 billion in frozen assets for the terrorist state of Iran, let’s first address the obvious. Lame President Joe Biden is an enraged, bitter man.
After being unceremoniously expelled from his ill-fated presidential campaign by his own party, the 82-year-old’s bitterness and selfishness were on full display as he seemed to deliberately screw up Vice President Kamala Harris’ campaign at every opportunity.
Now it appears that Biden and his equally bitter administration are trying to do the same with President-elect Donald Trump, which brings us to this incredible – although not, given what I just wrote – report.
So yes, the Biden-Harris administration renewed a controversial sanctions relief that will allow Iran access to about $10 billion in electricity import payments from Iraq, according to a copy of the non-public order sent to Congress checked from the Washington Free Beacon. Raise your hand if you are shocked.
Electricity import payments are fees for energy purchased from a grid. Payments are made via an electricity tariff and are based on the amount of energy imported. Countries import electricity when it is cheaper than producing it themselves. They export electricity when neighboring countries are willing to pay more than the domestic price.
Here is morestarting with Secretary of State Antony Blinken, who I believe should be sent to Trump’s (fictional) gulag along with Attorney General Merrick Garland and Homeland Security Secretary Alejandro after the fresh president retakes the White House – but I digress (emphasis). , mine).
Foreign Minister Antony Definitely flashing on November 8th that “it is in the national security interest of the United States“waive mandatory economic sanctions preventing Iraq from transferring more than $10 billion to Iran for electricity import payments.
The Biden-Harris administration has renewed The Waiver repeated over the objections of Republicans in Congress, who warned that the money was helping to fuel terrorism and Iran’s war against Israel. In one case, the government approved sanctions relief a month after Hamas attacked Israel on October 7th.
The latest version of The waiver removes the sanctions for 120 daysAt that point, the new Trump administration must decide whether Tehran will continue to receive the relief.
So here is the crucial question: How in the whatever Is releasing $10 billion in electricity payments to radical Islamists who continue to threaten the entire Middle East, especially Israel, “in the national security interest of the United States”? Obviously it isn’t.
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The Foreign Ministry confirmed last week that it had renewed the waiver.
On November 7, the ministry extended Iraq’s electricity cut for the 23rd time since 2018. This happened for another 120 days. We remain committed to reducing Iran’s harmful influence in the region. Our position is that a stable, sovereign and secure Iraq is critical to this effort.
Call me a skeptic, but given Biden’s previous misjudgments regarding Iran and the crazy mullahs in Tehran, this latest miscalculation was more about further appeasing Iran than about U.S. security interests.
January 20, 2025 can’t come soon enough.
