About Iran

by Kevin D. Freeman on May 8, 2018

Big news today. President Trump kept his campaign promise and pulled out of the Obama Iran Agreement.

President Trump exits Iran deal from CNBC.

There is plenty of weeping and gnashing of teeth for sure. Former Secretary of State John Kerry was reportedly lobbying intensely to stay in the agreement. In fact, he has warned the world that pulling out of the deal would be a recipe for disaster and could spell the end of the dollar as the world’s reserve currency.

But here are the facts:

  1. We gave the Iranians something tens of billions of dollars (maybe as much as $150 billion) in previously frozen assets but they’ve burned through it.
  2. The Iranian economy is in bad shape and a strong response here could push them into a reform posture.
  3. The Iranians were violating the agreement anyway.
  4. A bad Iran regime was on a clear path to develop a nuclear weapon anyway. At best, the agreement simply delayed that effort a bit.
  5. Iran has been and remains the largest state sponsor of terrorism.

In today’s Washington Examiner there is a call for an economic warfare program that could replace a bad regime with a great and stable government. Here are the concluding paragraphs:

Ending the Iran nuclear deal isn’t enough: Trump must wage economic warfare

Regardless of which side you are on politically, the Iranian nuclear agreement is directly connected with Economic Warfare. John Kerry said that walking away from it would spell doom for the dollar and ultimately American power. The Obama team purposely elevated the Iranian regime as a power play in the Middle East. They warn now against abandoning that strategy.

On the other hand, more optimistic observers side with the President and see this as a unique opportunity to make a profound and lasting change in the Middle East. It would be an amazing legacy indeed if President Trump were to provoke positive change in Iran, reformation in Saudi Arabia, and improved relations with Israel in a single term. Time will tell which view is correct. From our perspective the Obama/Kerry strategy was more akin to Neville Chamberlain while President Trump’s approach is more in line with Churchill.


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