Politics and Religion

Dude, do you know how a “wire transfer” of money is accomplished?
marikod 1 Reviews 105 reads
posted

There is no “switch” in the White House that allows the administration to wire money to Iran.  This can only be done through the international financial system- the money is provided by Treasury to a bank which in turn wires the money to a bank/financial institution in Iran.

       But Iran sanctions prohibit the banks from doing this, unless they are granted a special license. If the license is granted, it is perfectly legal for the bank to do the wire transfer.

        The “story” that Politico broke- that there have been wire transfers from the US to Iran in the past - left out that this is routinely done on special license. Your reasoning – that, if there have been wire transfers in the past, Obama must have lied – also reflects your lack of awareness of how this is done.  

        When Obama said the sanctions prohibited a check or wire transfer, that is literally true.  What he inexplicably left out, in responding to a press conference question, is that all you have to do is get the license, and the bank will transfer by wire for you. That is what I think is the “mistake” he made. What he said was literally true but practically false since it ignored the license mechanism.

 
         If this was a “lie,” it was a pretty damn stupid one, since anyone with even a basic knowledge of the special license exception to the sanctions could bust the lie in 5 seconds.  With the media focusing on the payment and Republicans calling for hearings, do you really think he would be that stupid

followme390 reads

seems that obama only cares about his legacy and nothing else not the US not the citizens of the US just his legacy  

 
No copy and paste and no plagiarism were involved in this post.

2016 = GOP All The Way

brooks5150 reads

and his followers, like the sheep they are, follow the black sheep just cuz he's black (well, half-black)

character and honesty has no meaning to dems

the sanctions in place prohibited a check, or wire transfer, to Iran?  

         It is certainly true that the US does not have a direct banking relationship with Iran, so that part of the statement is correct. Whether the sanctions prohibited the admin from authorizing a bank to make a wire transfer is a different question. Those regs are quite complex and, in fact, some experts say they DO permit US Iran Claim tribunal payments.    

         No, I don’t think the President has read or memorized all those regs any more than you have. He didn’t  lie- he was simply wrong, as he often has been when he –like you - makes public statements without doing proper study. See Exhibit A (“You can keep your own doctor.”).

        Looks to me like the President was not properly briefed when he made the statement you deem a “lie” in the press conference

followme102 reads

Are you really that gullible?

 A matter of that magnitude
A dollar amount of that magnitude
A deal that he takes credit for and is so proud of .
Sanctions that he was so familiar with and was involved in lifting.
Do you really think obama did not know that he could wire transfer funds.

The fact that wire transfers occurred before and after  
cash was sent in secret, that obama was full knowledge of, and
he fact that obama had to sign off on all of it

Obama said on several occasions that we could not do wire transfers  
You actually think he was mistaken.

 It is his legacy he cares about and nothing else, not you, not me, not anything or anyone  else.

He fucking LIED

You’re Welcome
2016 = GOP All The Wa

GaGambler100 reads

anyone not wearing partisan blinders knew that was a bald faced lie from day one. but he said it over and over, and sure enough, he got what he wanted. Why should this be the slightest bit different?

There is no “switch” in the White House that allows the administration to wire money to Iran.  This can only be done through the international financial system- the money is provided by Treasury to a bank which in turn wires the money to a bank/financial institution in Iran.

       But Iran sanctions prohibit the banks from doing this, unless they are granted a special license. If the license is granted, it is perfectly legal for the bank to do the wire transfer.

        The “story” that Politico broke- that there have been wire transfers from the US to Iran in the past - left out that this is routinely done on special license. Your reasoning – that, if there have been wire transfers in the past, Obama must have lied – also reflects your lack of awareness of how this is done.  

        When Obama said the sanctions prohibited a check or wire transfer, that is literally true.  What he inexplicably left out, in responding to a press conference question, is that all you have to do is get the license, and the bank will transfer by wire for you. That is what I think is the “mistake” he made. What he said was literally true but practically false since it ignored the license mechanism.

 
         If this was a “lie,” it was a pretty damn stupid one, since anyone with even a basic knowledge of the special license exception to the sanctions could bust the lie in 5 seconds.  With the media focusing on the payment and Republicans calling for hearings, do you really think he would be that stupid

Better than you.

It is a fact that  there were Wire Transfers of funds to iran several months before and several months after the cash payments.

Since there were those Wire transfers to iran, presumably with a "special" licence, why was the other payments in cash?  
The answer is clear obama was tying to hide the fact it was done and that he caved and was taking orders from the iranians to do so. Since it was done without obama telling anyone and it was not discovered months after the fact it is irrefutable that obama was trying to hide it.
 
C'mon if obama wanted to be honest, straight forward, and transparent don't you think he could have seen to it that the "special license exceptions" were granted and all the funds were sent via wire transfer?  I reiterate obama caved in to the iranians and did what he was ordered to do.

He fucking lied.

 
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