During yesterday’s Senate Banking Committee hearing, its chairman Democratic Senator Christopher Dodd, said:
“I am committed to ensuring that this Congress equips President Obama with all the tools he needs to confront the threats posed by Iran,”
The draft bill would expand existing legislation to cover financial institutions and businesses, and extend sanctions to oil and gas pipelines; boost moves to freeze the assets of Iranians accused of weapons proliferation and tighten export controls to halt the export of sensitive technology.
Deputy Secretary of State James Steinberg who was one of three witnesses said:
“The Russians seem to be more open to additional sanctions,” and “You’re seeing a coming together of countries around the world to recognize that this is Iran’s last opportunity and if they fail to take it there is a greater openness to this. I myself was in Beijing last week to discuss this with very senior Chinese leadership to make clear that we view this as critical and a core interest of ours that’s important to our relationship with China.”
And Stuart Levey, the under secretary for terrorism and financial intelligence at the Treasury Department, the administration’s point man in curbing IRR, the Islamist Rapist Republic, worldwide terrorist financing and activities said:
“The world is now united in looking to Iran for a response. If Iran does not live up to its obligations in this process, it alone will bear the responsibility for that outcome” and “Under these circumstances, the United States would be obliged to turn to strengthened sanctions,”
The above in conjunction with what the Defense Secretary Gates strongly hinted at the other day about other IRR nuke sites known to the sane world and yet not declared by the Islamist Rapists makes for a showdown of sort by the end of this current month. Either the IRR comes squeaky clean on its vast illegal dual purpose full cycle nuke program or it will begin to face sanctions that have some bite to them.
Should the IRR not come clean, which given the nature of the Islamist caliphate would not surprise any realist, then the sane world in place of ratcheting up the sanction regime which uselessly only prolongs the agony of enslaved Iranians has to impose an airtight one. To avert a devastating war so desired by the IRR which can quickly spread far and wide, the sane world lead by U.S. has to impose airtight sanctions and at the same time openly help enslaved Iranians with moral and material support to overthrow this world order threatening Islamist menace.