Wrong Since 1992
The first recorded remarks from Bibi Netanyahu about Iran pursuing a nuclear weapon was in 1992 and he claimed they would have one in 1997. He has continued to make the claim, and continued to be wrong.
As expected he called the Geneva agreement concerning Iran’s nuclear program an ‘historic mistake’. Sorry, but it will take a while for history to say anything about this agreement, but after more than two decades of Netanyahu claiming that Iran was building a nuclear weapon, history can certainly record that he is wrong.
The latest BBC report, Iran welcomes nuclear deal which Israel calls ‘mistake’, notes that this is a short-term confidence building agreement that requires both sides to do certain specific things. Iran has already met most of its goals in an earlier agreement with the IAEA inspectors, so now it is up to the West to deliver their side of the deal and reduce the sanctions. There is no guarantee that Congress will go along, so the West could once again have ‘lied’ to Iran.
If that happens, you can realistically expect the sanctions to break down, as other countries decide that the US is the party that can’t be trusted, not Iran.
Oil is already trading lower based on this agreement, so Congress’s failure to act will increase the cost of gas in the US during an election year. Of course opponents of Congresscritters running for reelection would never deign to point this out [yeah, right] 😉
November 24, 2013 Comments Off on Wrong Since 1992
