Obama-Biden’s ‘Climate Change’ Initiative Hurts Economy, Helps Iran, And Does Little to Prevent ‘Climate Change’

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In 2015 Obama signed the nuclear take care of Iran. On July 14, 2015, Daniel Greenfield wrote in Frontpage Journal that Obama signed the nuclear take care of Iran to cripple American energy within the Center East:

…Obama didn’t go into this to cease Iran from going nuclear. He did it to show Iran into the axis of the Center East…supporting Iran is his means of blocking the facility of his successors within the White Home to pursue a extra pro-American overseas coverage…

“…Obama claims to “have stopped the unfold of nuclear weapons” by permitting Iran to maintain enhancing its nuclear program and rewarding it with ballistic missiles for its “peaceable” intentions. He claims to have negotiated “from a place of power and precept” when in reality he surrendered to the Iranians on place after place. Tehran negotiated from power and precept. Obama offered out America…  …Obama and Kerry haven’t made this deal as representatives of the US, however as representatives of a poisonous ideology that views America as the reason for all that’s unsuitable on this planet. This isn’t an settlement that strengthens us and retains us protected, however an settlement that weakens us and endangers us negotiated by males who imagine {that a} sturdy Iran is healthier than a robust America…

” …Their ideology is that of the screaming anti-war protester denouncing American forces and overseas coverage wherever and in all places, whose worldview has modified little since crying, “Ho! Ho! Ho Chi Minh. NLF goes to win” within the streets. The one distinction is that he now wears an costly go well with…”

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Obama was interviewed at this exact same time and was daring sufficient to say, “Iran Will Be And Ought to Be A Regional Energy.”

Trump obtained America out of Obama’s horrible Iran Deal.  In 2018 Trump withdrew from the nuclear take care of Iran and reimposed sanctions in opposition to the Iranian regime.  On Might 8, 2018, the White House reported:

“President Trump is terminating United States participation within the JCPOA, because it failed to guard America’s nationwide safety pursuits. The JCPOA enriched the Iranian regime and enabled its malign conduct, whereas at greatest delaying its capacity to pursue nuclear weapons and permitting it to protect nuclear analysis and growth. The President has directed his Administration to instantly start the method of re-imposing sanctions associated to the JCPOA. The re-imposed sanctions will goal vital sectors of Iran’s financial system, reminiscent of its power, petrochemical, and monetary sectors.”

The EU tried desperately to bypass Trump’s sanctions by creating the INSTEX however they failed due to the centrality of the US Greenback within the world monetary system.  On January 14, 2020, Euroactiv reported:

..INSTEX was created by the E3 in January 2019 as a particular function car to assist EU corporations do enterprise with Iran and facilitate non-USD transactions to bypass and keep away from breaking US sanctions

… INSTEX has develop into a degree of rivalry between Europe and the Trump administration, with Washington successfully threatening to sanction anybody utilizing the mechanism.

Since 2015, massive firms had withdrawn from buying and selling with Iran.  From January to the tip of October 2019, the quantity of commerce between the EU and Iran totalled €4.3 billion, which is a 75% decline year-on-year, in accordance with commerce statistics of the Iran-Germany Joint Chamber of Commerce (AHK).

Whereas European exports to Iran fell by 53% to €3.7 billion in contrast with the identical interval in 2018, Iranian exports to Europe slumped by 94% to €586 million.

Nevertheless, European efforts to make sure continued buying and selling with Tehran regardless of the sanctions have to this point had little affect, elevating doubts about whether or not INSTEX an successfully enhance the battered Iranian financial system.  A number of sources have even confirmed to EURACTIV that there had been no transactions by the mechanism to this point, although it has been staffed and operational, having already been involved with EU-Iranian companies. Nevertheless, there may be hope to hold out transactions shortly, the sources added.

…European curiosity to affix INSTEX  In late 2019, six European international locations – Finland, Belgium, Denmark, Netherlands, Norway, and Sweden – joined the INSTEX and reiterated that they “connect the utmost significance to the preservation and full implementation of the JCPOA by all events concerned”.

The lefties around the globe who help terrorism and the destruction of the US had been outraged that President Trump would rise up for the American folks.  Writers on the lawfare blog had been furious:

“When President Trump withdrew from the JCPOA in Might 2018, the US not solely reimposed on Iran the sanctions that existed previous to the settlement but in addition added new sanctions…

“European international locations had been incensed and started to brazenly talk about methods to assist corporations circumvent U.S. sanctions and thereby protect the deal. The outcome was INSTEX.

“INSTEX nonetheless faces quite a few hurdles in its quest to offer Iran adequate financial advantages to maintain the JCPOA alive. However whether it is profitable, it can create a highway map that different international locations can use to bypass U.S. sanctions, which may dramatically scale back the effectiveness of U.S. worldwide financial coverage.

“Extraterritorial Sanctions  Of their commonplace kind, sanctions forestall entities which can be topic to a rustic’s legal guidelines from doing enterprise with a sanctioned entity. However U.S. secondary sanctions go additional, prohibiting U.S. corporations and banks from doing any enterprise with third-country corporations that do enterprise with sanctioned entities.

“This enables the U.S. to impose sanctions on corporations that aren’t topic to U.S. jurisdiction. For this reason Huawei’s Chief Monetary Officer Meng Wanzhou was charged with financial institution fraud: In response to the Justice Division, Meng lied to a U.S. financial institution about Huawei’s enterprise with Iran, placing the financial institution prone to violating U.S. regulation.  This basically creates a alternative for multinational corporations: Do enterprise with Iran or do enterprise with the U.S.

“However the alternative is definitely extra excessive than that because of the significance of the U.S. greenback because the world’s reserve foreign money. Transactions of all kinds, everywhere in the world, are performed in {dollars}, and plenty of of those transactions—even when they don’t have every other connection to the US—run by the way by U.S. banks, exposing their makers to U.S. sanctions by fleeting contact.

“The extraterritorial affect of U.S. sanctions is magnified by their impact on a non-public Belgian firm referred to as SWIFT. SWIFT supplies a messaging system that connects greater than 11,000 banks everywhere in the world, permitting for common cash transfers. As a Belgian firm, SWIFT shouldn’t be topic to U.S. jurisdiction or direct U.S. sanctions. However the U.S. has threatened to impose sanctions on SWIFT itself if it doesn’t disconnect sanctioned Iranian banks from its networks. Consequently, SWIFT has, reluctantly, agreed to take away sanctioned Iranian banks—together with Iran’s central financial institution—from its methods, chopping them off from one of many core mechanisms of world finance and making it exceedingly tough technically for them to have interaction in monetary transactions with a lot of the world’s mid-sized and huge monetary entities. However SWIFT did so below protest, noting that whereas in 2012 it complied with EU sanctions on Iran as a result of it’s topic to EU jurisdiction, its compliance with the 2018 sanctions was “regrettable” and “taken within the curiosity of the soundness and integrity of the broader world monetary system.” And European leaders started to hunt a substitute for SWIFT that would facilitate commerce with Iran with out falling sufferer to U.S. strain…”

Obama tried to raise sanctions on Iran however he couldn’t because of the US dollar.  Though Obama tried to raise sanctions on Iran, many are nonetheless in place because of the centrality of the US greenback within the World Monetary System. On November 10, 2021, David Rosenberg reported in Haaretz:

A report by Kevin Lim of the business-intelligence agency IHS Markit on Iran-China relations, revealed by Tel Aviv College’s Institute for Nationwide Safety Research, estimates that in 2019 China took half of Iranian oil exports straight, and doubtless much more by way of third international locations. But China is shopping for Iranian oil at enormous reductions, for the reason that Iranians are so determined to promote it…  …Even after sanctions had been lifted following the 2015 nuclear settlement, Chinese language corporations had been having hassle doing enterprise in Iran. One cause is as a result of Tehran has but to signal the Monetary Motion Activity Pressure (FATF) conventions on cash laundering and terror finance, which successfully blocks doing enterprise in {dollars} or utilizing U.S. clearinghouses. Except Iran does so, Chinese language banks can’t present the finance and transaction providers wanted for long-term enterprise agreements.”

It’s not a coincidence that Kerry, one of many architects of the nuclear take care of Iran was appointed “local weather tzar” by Biden.

“At a panel dialogue in regards to the Nice Reset hosted by the World Financial Discussion board in mid-November, former Secretary of State John Kerry – Biden’s would-be particular presidential envoy for local weather – firmly declared that the Biden administration will help the Nice Reset and that the Nice Reset “will occur with larger pace and with larger depth than lots of people may think…”

The Biden Regime claims they embraced the “Nice Reset” to struggle Local weather Change however it can have little precise environmental profit.  On January 21, 2021 the Epoch Times reported,

“Rejoining the Paris local weather settlement because it stands now may have devastating financial penalties for the US, with little precise environmental profit, in accordance with specialists…

“As a result of there may be actually no tooth to the Paris local weather accord, creating international locations are getting a free cross by way of their emissions…It’s possible that the Paris local weather accord shouldn’t be going to achieve its supposed aim.”

“…Anthony Watts, senior analysis fellow of atmosphere and local weather at The Heartland Institute, mentioned in accordance with their evaluation, the settlement would price the US “about 2.7 million jobs by 2025 as a result of scaling again components of industries. Now that will have been about 440,000 manufacturing jobs that we’d have misplaced.”

The “Nice Reset” may have little precise environmental profit however devastating financial penalties. The globalists need to finish the centrality of the US monetary system within the world financial system, they need a global group just like the IMF to have extra energy. With a weaker financial system, America shall be much less able to influencing others by sanctions, will probably be much less able to defending its pursuits overseas.

The IMF’s SDRs alternative of the centrality of the USD will undermine America’s sovereignty and democracy. Due to the “Nice Reset”, the IMF’s board of administrators now has extra energy and affect in America.

Within the final many years, the IMF imposed “structural reform” packages in over 90 international locations. Within the Nineties the IMF’s intervention led to the financial meltdown of, for instance, Mexico, Brazil and Russia. It appears that evidently now due to Obama and Biden, America will develop into extra weak to IMF’s insurance policies.

On June 1, 2021, the Guardian reported Obama mentioned “Biden ‘ending the job’ my administration began.”  On July 13, 2021 Biden supported a controversial plan to strengthen the Worldwide Financial Fund and exchange the centrality of the US Greenback. Alex Newman wrote within the Epoch Times:

“…The Biden administration-backed Worldwide Financial Fund (IMF) proposal to subject an unprecedented $650 billion U.S. {dollars}’ value of recent “Particular Drawing Rights” (SDRs) this yr alone may even assist re-shape the worldwide monetary system. That’s greater than twice the whole quantity of SDRs created by the IMF all through its complete historical past…The unprecedented new issuance, which has the help of each Beijing and Washington, will contribute to sidelining the U.S. greenback’s position as the worldwide reserve foreign money, analysts warned. The Chinese language Communist Social gathering is predicted to be a number one beneficiary…if the greenback had been to lose its standing to the SDR, the demand for {dollars} around the globe would plummet. The ensuing collapse in buying energy would create an infinite disaster as Individuals’ capacity to buy items and providers from overseas was decimated…”

A foreign money managed by a global establishment just like the IMF is essential for the globalists. The lack of standing of the US greenback to the SDR will undermine America’s capacity to impose financial sanctions on rogue international locations like Iran.  If Trump ever returns to energy the America he’ll obtain shall be a lot weaker, his capacity to defend America’s pursuits overseas is being decimated.

This has nothing to do with “local weather change”. The actual cause why Nero is setting Rome on hearth is as a result of his ego was touched when Trump walked away from the nuclear take care of Iran, he desires to finish the centrality of the US Greenback within the World Monetary System so no future US President can impose sanctions on Iran once more.

Biden’s coverage may have little precise environmental profit however may have devastating financial penalties, and maybe that’s what they need.

Ezequiel Doiny is creator of “Obama’s assault on Jerusalem’s Western Wall” and the “Anti-BDS Handbook”





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