U.S. Approved Business With Blacklisted Nations

U.S. Approved Business With Blacklisted Nations

www.nytimes.com

Despite sanctions and trade embargoes, over the past decade the United States government has allowed American companies to do billions of dollars in business with Iran and other countries blacklisted as state sponsors of terrorism, an examination by The New York Times has found.

At the behest of a host of companies — from Kraft Food and Pepsi to some of the nation’s largest banks — a little-known office of the Treasury Department has granted nearly 10,000 licenses for deals involving countries that have been cast into economic purgatory, beyond the reach of American business.

(visit the link for the full news article)

These deals began long before Obama was in office, dating back to the Bush Administration and possibly before. However, this administration should do something to remedy the situation.

Evidently, under the guise of "humanitarian aid" all sorts of products have been bought and sold and deals made with countries we are not supposed to be doing business with.

If countries which engage in state-supported terrorism can still do business with us and suffer no economic consequences for their actions, why should they stop? Aren't we sending a mixed message -- "We deplore your terrorist activities but not enough to make us or you suffer."

That would leave us with no other alternative but the use of force. This administration must rectify this situation and not let it continue as it has for the past decade.

We must do more than just talk against state-supported terrorism; we must show we mean it by using economic sanctions against them.

www.nytimes.com
(visit the link for the full news article)

America is ruled by corporates and big business. It's only now that people are beginning to see this and the Corporate world couldn't give a sh.... about it.

If Wallstreet, Bush family, and IBM were allowed to do business with the Nazis, you know who rules America.

If they hated us so much they wouldn't buy from us.

It's all about two things, money and control.

As long as their not smuggleing nuclear material in coke bottles, i dont see a huge problem.

Buisness is a good thing. And maybe some of these countries should'nt be blacklisted. Americas standards of "right and wrong" are pretty inconsistent anyways.

Like... More coke for iran, less for israel

Of course this is the case. Use "terrorism" when it benefits the elite but quietly sweep it under the rug when profits are threatened. This is exactly what we see with the border and in our ports. If this doesn;t just scream of how phony the "war on terrorism" is, then I don't know what does.

TPTB are all so eager to remind us of how dangerous terrorism is and they use this fear to liberally spend our tax-dollars [for their profit] and take away our rights, however they don't dare secure the border because then cheap labor and their narcotics couldn't get through. The same thing apparently for doing business with so-called state-sponsors of terrorism.

Oh, it's state-sponsored terrorism all right, though I think most of us know which states sponsor it.


--airspoon

Oooh - looks like this is talking about the "DPL" or denied persons / parties list. Its a listing of countries, companies and people that businesses in the US can't (in theory) do business with. Like Iran for example

However, as the article has shown it often just means you can't do certain types of business with them or have to jump through more hoops to do it.

As far as I know - such lists and ways of getting around them have existed for ages. The various lists are kept up by the Office of Foreign Assets Control, Bureau of Industry and Security, etc. Before these, other agencies did it. It extends far back past Bush, Clinton, Bush Sr, etc. all the way back to the Trading With the Enemy Act of 1917.

If they can have business with places that are breeding grounds for terrorists, then why can't we have our Cuban cigars? In case nobody's noticed, we're sort of over the commie hysteria thing and have moved on to something else.