Thursday, June 28, 2012
The New American Exceptionalism
The one where we grant exceptions to our sanctions against a country that doesn't really deserve them and wouldn't have them without a lunatic opposition party in Congress.
The Obama administration is expected to extend exceptions on Iran financial sanctions to China and Singapore, perhaps as early as today, sources said.Sanctions are just for show when they have more holes than Swiss Cheese.
"There should be an announcement today," on China, Iran's top buyer of crude, and Singapore which buys fuel oil from the OPEC member, said one of the sources, who works in the government. Earlier this month the administration granted exceptions to India and six other economies. Japan and 10 EU countries got the exceptions in March.
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