>>U.S. Enriches Companies Defying Its Policy on Iran while calling for Sanctions. DUH!
Posted March 7, 2010on:
- In: Economy/Money | International News | Islam, Muslim, jihad, terrorist | Middle East and Muslims | national deficit, taxes, national budget | National Politics | Off Shore Drilling for oil and natural gas | Politics 2008 | Politics 2009 | Politics 2010 | President Obama, Congress, Democrats, Republicans, Islam, Muslim, terrorists, | Uncategorized | United States taxes
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American tax payers have dished out over $107 Billion in contracts to who are violating our own government’s sanctions against Iran over the last decade. If more proof is needed that our government is corrupted and care nothing for the safety of the American citizens then this is surely it. Of course the President is always blamed because it is on his watch. This attitude is both right and wrong. The President is in charge and must therefore accept and be responsible for what goes on during his term in office. At the same time the entrenched bureaucrats in Washington do what they damned well please as has been seen again and again. The bureaucrats also do as Congressmen getting “campaign contributions” tell them to do in order to keep their jobs or be promoted. So making much noise and hullabaloo Congress passes laws, some time goes by, then the real powers go back to doing business as usual. Corruption in the government is so very wide spread and no one is ever punished when the rules are found to have been broken! Congress needs to be held accountable for much of this because it is Congress that is closer to these matters and are being paid off by these companies to continue to receive these lucrative contracts.
For years, the United States has been pressing other nations to join its efforts to squeeze the Iranian economy, in hopes of reining in Tehran’s nuclear ambitions. Now, with the nuclear standoff hardening and Iran rebuffing American diplomatic outreach, the Obama administration is trying to win a tough new round of United Nations sanctions.
But a New York Times analysis of federal records, company reports and other documents shows that both the Obama and Bush administrations have sent mixed messages to the corporate world when it comes to doing business in Iran, rewarding companies whose commercial interests conflict with American security goals.
What upsets me the most is that $15 billion of this has gone to Iran’s oil industry instead of developing our own oil fields. It is the oil that is Iran’s chief, in fact only, revenue. Revenue that is being used to create a nuclear arsenal that all know will certainly threaten world peace. And the other beef I have is that most of the companies are based in foreign countries (multi-national companies) instead of companies based in the United States. Taxes and jobs therefore are being paid for with our dollars and going to foreign countries! And yet our government is spending the nation into unsustainable debt with Stimulus and Jobs Bills when all that would have to be done is to give these lucrative contracts only to companies that have remained in the United States. One little change in our laws and then a stiff penalty like firing any bureaucrat that gives a contract to any but an American company (strict enforcement of the law) would go a long way, perhaps all the way, to giving employment to the 4 million currently unemployed. It would also end our dependence on foreign oil. Go to :The records show for a list of these companies and the contracts they have currently.
Besides the $102 Billion in contracts these companies have been given almost $5 billion in grants and other bennies.
Beyond $102 billion in United States government contract payments since 2000 — to do everything from building military housing to providing platinum to the United States Mint — the companies and their subsidiaries have reaped a variety of benefits. They include nearly $4.5 billion in loans and loan guarantees from the Export-Import Bank, a federal agency that underwrites the export of American goods and services, and more than $500 million in grants for work that includes cancer research and the turning of agricultural byproducts into fuel.
In addition, oil and gas companies that have done business in Iran have over the years won lucrative drilling leases for close to 14 million acres of offshore and onshore federal land. (I wonder how many of these companies are exclusively American companies? We Americans need to put a stop to padding the profits of multi-nationals. BB)
This is a long article but well worth reading to give you an idea of just how duplicitous our government has been and is continuing to be. BB