[HiTech RedNeck]

Obama signed the bill in Hawaii where he is on vacation, at a time of rising tension with Tehran, which has threatened to block the Strait of Hormuz -- through which more than a third of the world's tanker-borne oil passes. The United States has warned it will "not tolerate" such an interruption.

Bummer probably wants a war, though it's hard to see how one could have been avoided even with Juan McCain at the helm and Sarah Palin as the heiress apparent. It will give Mitt Romney a chance to look all hawky in his dove feathers. Thank you jimmuh /s

[mamelukesabre]

so before this there were no sanctions??

[EGPWS]

US President Barack Obama Saturday signed into law tough new sanctions targeting Iran's central bank and financial sector, in a move that could intensify a brewing Gulf showdown.

Come on Barack, are you THAT stupid too?

It didn't work for Jimma' Carter in an election year and it certainly "ain't" going to work for YOU either!

[fatnotlazy]

Is he also going to send a strongly worded letter?

[elhombrelibre]

The Republicans forced him, and Run Paul is deeply saddened.

[Dallas59]

[Jacquerie]

Uh, I thought Hussein was still in Hawaii. Did he and the First Fata$$ return?

[JohnKinAK]

Fill your gas tanks.

[GunRunner]

That’ll show ‘em!!

[the invisib1e hand]

Pretty soon The One will have his very own “war for oil.”

[Popman]

-——The bill, which passed with wide majorities in Congress, did reserve some wiggle room for Obama, granting him the power to grant 120-day waivers if he judges it to be in the national security interests of the United States.——

Hummm!!!

This Congress is the most feckless , gutless, craven, spineless bunch of spork weasels ever to exist....

[Thank You Rush]

AH! We’re supposed to applaud him for working on his vacation. But how long does it take to sign a piece of paper? Well, quite awhile when you have to use beaucoup pens!

[TLI]

Obama signed the bill in Hawaii where he is on vacation, at a time of rising tension with Tehran, which has threatened to block the Strait of Hormuz -- through which more than a third of the world's tanker-borne oil passes.

Outstanding.

Fun facts!

Oil exports provide half of Irans's government revenue.

Iran's best customer is China, which took about 22 percent of Tehran's oil exports during the first half of this year and is a member of the United Nations Security Council and one of the few nations on friendly terms with the Islamic Republic.

Turkey, a NATO member that shares both a border and antipathy toward Kurdish separatist groups with Iran, got 51 percent of its imported crude oil from the Islamic Republic from January to June of this year.

While closing the Strait of Hormuz, even briefly, would hurt Saudi Arabia, Iraq and other Gulf oil exporters, the Saudis also ship oil via the Red Sea.

All of Iran's exports and many of its imports of gasoline, food and consumer goods are shipped through the strait.

So... OK, oil goes up to $150.00 bbl x can't sell squat with Strait of Hormuz closed off = $0.0 for Iranian government... just damn it all!

No money, no food, no gas, no TP = very pizzed off population and not good for Mr. dinner jacket.

If they tried and failed to close the Strait of Hormuz the rest of the muzzies would laugh them out of OPEC. Perhaps even kick them out.

If they tried and did get the Strait of Hormuz closed they would be in such bad shape within a month we could tell them to hand over the spy drone and they would do it.

Hell, we could tell them to FedEx it back over-night express and they would foot the bill.

.