- Thu Apr 26, 2018 12:37 pm
#102528
"when Obama gave them the money...he could have easily transferred it to their accounts..."-sillydummy
Yeah, dummy, he gave them back their own money and saved billions for the U.S..
"...the $400 million dollar transfer was actually an openly announced one, paid in settlement of a nearly 40-year dispute between Iran and the United States — a settlement that likely saved the United States several billion dollars.
Back in late 1979, after Iranian revolutionaries took 52 Americans hostage at the US Embassy in Tehran, the United States severed diplomatic relations with Iran and froze Iranian assets in America. Among those frozen assets was a $400 million delivery of fighter jets from the U.S. that Iran’s previous government had already paid for.
Although the American hostages were finally released a year later, issues such as the frozen Iranian assets (including that $400 million) were not settled at that time. Instead, an international court based in the Hague, the Iran–United States Claims Tribunal was established to deal with such legal claims. The tribunal process dragged on for years and years without a ruling on the $400 million being issued, and finally, when arbitration process was apparently about to wind up (quite possibly not in American’s favor), the U.S. agreed to pay Iran back the $400 million principal along with $1.3 billion in interest. If the issue had gone to the tribunal for a decision, as was expected, the U.S. could have been on the hook for the full $10 billion in compensation Iran was seeking.
It is true the U.S. agreed to the settlement at the same time it was negotiating a nuclear deal with Iran and for the return of four U.S. citizens who had been detained by Iran. However, the negotiations over these these issues were conducted by completely separate teams in order to avoid any overlap or suggestions of connections between them."
Why you imbeciles don't think a country should get their money back on a deal the U.S. reneged on is typical conservatard hypocrisy.
You conservatives all pretend to be capitalists.....until you have to actually make good on a deal. Then you just want to keep the money and tell the others to fuck off.
Abiding by the ruling of the international court in the Hague in a dispute that was ongoing for 40 years is not a violation of sanctions, dimwit.