Barack Obama was so desperate to get a meaningless piece of paper that would impress his liberal friends and secure his foreign policy legacy that he gave away the farm to Iranians, who laughed all the way to the bank, and then the weapons depot. As a new report details:
“In seeking to strengthen the policy of rapprochement with Iran, the Obama administration (through its Treasury Department) has surreptitiously transferred to [Iran President Hassan] Rohani’s government two tranches, in cash, for a total of $1.7 billion, allegedly as the cumulative interest on Iran’s deposits, made during the Shah regime before the 1979 revolution, for the purchase of American weapons,” reported Nimrod Raphaeli, a senior analyst at the Middle East Media Research Institute.
Raphaeli acknowledged it’s “a commonly accepted premise that money is fungible.”
“While we cannot establish whether the money transferred from the U.S. went directly into the expanded defense budget, it, at a minimum, enabled the government to release an equal amount of money for defense purposes,” he wrote.
“It is noteworthy that the increase in the proposed defense budget for 2017 is approximately equal to the amount transferred by the U.S.,” he continued.
There’s nothing wrong with negotiating with rogue nations. Ronald Reagan bucked neoconservative wisdom(an oxymoron, to be sure) when he negotiated with the Soviet Union, and he won concessions and ultimately the Cold War. But understanding your negotiating position matters. the United States held all the cards when it came to rogue nations like Iran and Cuba. But Obama, perhaps undergirded by the belief that America’s foreign policy in regard to these nations had been immoral or unjustified, asked for little in return for handing over a lot. In doing so he created a precarious, dangerous situation. Future leaders should never forget his mistakes.