What Iran Sanctions?

Banks Make A Joke Out Of Iran Sanctions -- Jonathan Tobin, Commentary

Those wondering about Iran’s ability to confidently defy the sanctions that the Obama administration has belatedly imposed on the rogue regime have previously pointed to the lax enforcement of the regulations. The Treasury Department has granted over 10,000 exemptions to companies desirous of avoiding the sanctions. The U.S. has also given Iran’s largest oil customers a pass on having to give up purchasing Tehran’s supplies. But it turns out that even those sanctions that are enforced aren’t working and this time the fault can’t be pinned on President Obama’s lack of will.

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My Comment: Aside all the rhetoric and diplomacy .... Jonathan Tobin is right .... from this perspective sanctions have been a failure.