Trump Flirts With $15 Billion Bailout for Iran, Sources Say
Source: Daily Beast
President Donald Trump has left the impression with foreign officials, members of his administration, and others involved in Iranian negotiations that he is actively considering a French plan to extend a $15 billion credit line to the Iranians if Tehran comes back into compliance with the Obama-era nuclear deal.
Trump has in recent weeks shown openness to entertaining President Emmanuel Macrons plan, according to four sources with knowledge of Trumps conversations with the French leader. Two of those sources said that State Department officials, including Secretary Mike Pompeo, are also open to weighing the French proposal, which would effectively ease the economic sanctions regime that the Trump administration has applied on Tehran for more than a year.
The deal put forth by France would compensate Iran for oil sales disrupted by American sanctions. A large portion of Irans economy relies on cash from oil sales. Most of that money is frozen in bank accounts across the globe. The $15 billion credit line would be guaranteed by Iranian oil. In exchange for the cash, Iran would have to come back into compliance with the nuclear accord it signed with the worlds major powers in 2015. Tehran would also have to agree not to threaten the security of the Persian Gulf or to impede maritime navigation in the area. Lastly, Tehran would have to commit to regional Middle East talks in the future.
While Trump has been skeptical of helping Iran without preconditions, In public, the president has in public at least hinted at an openness to considering Macrons pitch for placating the Iranian governmenta move intended to help bring the Iranians to the negotiating table and to rescue the nuclear agreement that Trump and his former national security adviser John Bolton worked so hard to torpedo.
Read more: https://www.thedailybeast.com/trump-flirts-with-dollar15-billion-bailout-for-iran-sources-say?via=twitter_page
NickB79
(19,233 posts)Yuge business sense.
lagomorph777
(30,613 posts)bucolic_frolic
(43,133 posts)Now Trump wants Iran back in the Obama-era nuclear deal! This is rich indeed.
BumRushDaShow
(128,869 posts)sheshe2
(83,746 posts)BumRushDaShow
(128,869 posts)muriel_volestrangler
(101,307 posts)and now Trump supports $15bn of credit (paid for by whom?) for Iran to make up for the damage he did to their economy, In return for Iran going back to the agreement he was the first one to break. And for them not "threatenings the security of the Persian Gulf or impeding maritime navigation in the area", which they weren't, before he tore up the agreement. And committing to talks.
Net result: he screwed with the world economy, and the livelihoods of many Iranians, for a promise of talks.
What an asshole.
mr_lebowski
(33,643 posts)Just like when Obama 'gave Iran billions!' according to IQ45 ... really it was just un-frozen Iranian money. And that was like $130B IIRC.
I imagine it'd work the same this time, assuming that much is frozen somewhere in the world.
Bradical79
(4,490 posts)So wouldn't that be a loan rather than unfreezing of their own assets?
sprinkleeninow
(20,237 posts)what I just read. 🙃 😌
"Is it soup [impeachment] yet?"
Very good!
mr_lebowski
(33,643 posts)Iliyah
(25,111 posts)p.s. How does BiBi fee about this
Flaleftist
(3,473 posts)cstanleytech
(26,284 posts)NCjack
(10,279 posts)patphil
(6,169 posts)Fuck everything up and then take credit for "fixing" it.
Or is this just one of his many pretend deals?
doc03
(35,325 posts)raised hell because Obama gave them their own money back.
doc03
(35,325 posts)bluevoter4life
(787 posts)Go on and tell me how the $1.8 billion Obama sent to Iran is treasonous.
MarcA
(2,195 posts)Bernardo de La Paz
(48,999 posts)He wants us to believe that only he can fix the crisis that he created.
Midnight Writer
(21,745 posts)brewens
(13,574 posts)crazytown
(7,277 posts)rickford66
(5,523 posts)jmowreader
(50,555 posts)If President Obama would have proposed offering a $15 billion bribe to the Iranians, the first person to call for Obamas impeachment would have been Donald Trump.
mountain grammy
(26,619 posts)rpannier
(24,329 posts)Tomorrow f off
Takket
(21,561 posts)Sapient Donkey
(1,568 posts)/Sean Hannity
underpants
(182,773 posts)Roy Rolling
(6,915 posts)Or, rather, the money we borrow from China to finance the services people like Trump refuse to pay taxes for? Hes happy to lend someone elses money.
C_U_L8R
(44,998 posts)So Republicans get foaming-at-the-mouth rabid when Obama gave the Iranians their own money back... but they're okay with their orange trump-sphincter giving them a gigantic handout??
Sapient Donkey
(1,568 posts)I'm sure Hannity will come up with a reason about how this was Trump's plan all along and that needlessly messing things up so that it ends up costing Americans 15-billion dollars is a good a thing. I'm just not sure how they'll do it.
Zambero
(8,964 posts)Basically reinstate our role in the international agreement brokered by John Kerry during the Obama administration, throw in a few more billions of U.S. $$$ in for good measure, and claim full credit with photo-op. Another WIN!!!
Hoyt
(54,770 posts)truthisfreedom
(23,145 posts)Sounds like one of his casinos.
Vinca
(50,267 posts)their own money back, but now he wants to shovel $15 billion taxpayer dollars at them. How many more months of this can the country endure? We're headed the way of the casino.
Proud Liberal Dem
(24,406 posts)weren't he and other Republicans complaining about Obama giving Iran money for the deal?
Recursion
(56,582 posts)Sorry, one second...
HA HA HA HA HA HA HA HA HA HA
This stable genius has now given up all the guarantees of the Iran deal, and still is talking about giving them the money.
Art of the deal...
LudwigPastorius
(9,137 posts)See: NAFTA, South Korean Trade Deal (KORUS), Trans Pacific Partnership, etc.