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Top US senator unveils Iran central bank sanctions .
Iran Focus ^ | Thursday, 17 November 2011 | Staff

Posted on 11/19/2011 9:21:32 PM PST by Rabin

WASHINGTON (AFP) — Looking to heap economic pressure on Iran over its suspect nuclear program, US senators on Thursday introduced legislation aimed at collapsing the country's central bank with tough new sanctions... The measure, crafted by Republican Senator Mark Kirk, would empower President Barack Obama to cut off any foreign financial institution that does business with Iran's central bank from the US economy and to freeze its US assets... "Without immediate and serious action, the Islamic Republic of Iran will have a nuclear weapons capability in the near future," Kirk said, adding: "We must act now or face the consequences of a nuclear Iran...

http://www.iranfocus.com/en/index.php?option=com_content&view=article&id=24005:top-us-lawmakers-press-obama-on-iran-sanctions&catid=4:iran-general&Itemid=26

US lawmakers pressed President Barack Obama in a letter released Friday to pile pressure on Iran... imposing stiff sanctions on its central bank... Republican House Speaker John Boehner and Democratic House Minority Leader Nancy Pelosi... House Majority Leader Eric Cantor, number-two House Democrat Steny Hoyer, House Foreign Affairs Committee Chair Ileana Ros-Lehtinen, and ... Democrat, Representative Howard Berman, signed the letter. The lawmakers appealed for "a sense of urgency"

The amendment includes a six-month grace period for oil-related transactions "to ease the burden on US allies and send a calming signal to the oil markets," Kirk's office said.

(Excerpt) Read more at iranfocus.com ...


TOPICS: Heated Discussion
KEYWORDS: congress; iran; sanctions
Another stunning display of swift, decisive bi-partisan action. (Now, sorta)>

Rab

1 posted on 11/19/2011 9:21:34 PM PST by Rabin
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To: All
SATURDAY NIGHT AT FREE REPUBLIC!

KEEP OUR LIGHTS ON!

Please Donate!!

FReepathon Day 50!!


2 posted on 11/19/2011 10:11:53 PM PST by onyx (PLEASE SUPPORT FREE REPUBLIC BY DONATING NOW! Sarah's New Ping List - tell me if you want on it.)
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To: Rabin

Invest in any company that manufactures for the war machine. You know Congressional member are, to kill two birds with one stone i.e. make some money off starting another war while distracting attention from their failings.


3 posted on 11/19/2011 11:08:12 PM PST by Razzz42
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To: Razzz42

Yup. Time to have us another big war. Yay!


4 posted on 11/20/2011 12:40:23 AM PST by Huck (Not sure if I can pick one.)
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To: Huck

I thought this was already happening? Are they recycling laws so Obama can take credit for them?


5 posted on 11/20/2011 1:24:52 AM PST by EQAndyBuzz (To fix government, we need a rocket scientist. Oh, wait we have one!)
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