Senate Bill on Iran Sanctions Targets Banks, Subsidiaries, Insurers

By | February 3, 2012

  • February 3, 2012 at 12:10 pm
    Ms. Sarcasm says:
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    “The White House said on Thursday that enforcement of the sanctions should not harm U.S. allies or oil markets.”

    Okay, so I guess this is not the reason the price is going up at the pump? I must have been asleep the day we covered supply and demand in Econ 101.

    • February 3, 2012 at 2:01 pm
      Wayne says:
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      It has nothing at all to do with it, it is all George Bush’s fault.

    • February 3, 2012 at 3:00 pm
      The Other Point of View says:
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      You took the statement out of context. The paragraph before explains that the White House is not yet sure how aggressively it should enforce the sanctions. It then says that the sanctions should not harm U.S. allies or oil markets.

      In other words, they are trying to figure out how to enforce the sanctions without harming U.S. allies or oil markets.

    • February 3, 2012 at 3:04 pm
      The Other Point of View says:
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      More to the point, I understand why you misunderstood the comment. I think the article wasn’t written very well. The actual statement from the White House was:

      “We want to make sure that the implementation of those sanctions is handled in a way that does not inadvertently do any harm to our allies or to the oil markets.”

      IJ did a disservice by wording the article the way it did. It was misleading.



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