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Old 08-29-2018, 10:23 AM   #1
JustRalph
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Iran puts its foot down, in the water

https://americanmilitarynews.com/201...rce=foramerica

I wonder how much fuel and weapons they bought with Obama money?
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Old 08-29-2018, 12:27 PM   #2
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And why was that money transferred via pallets of cash?

Why not just a wire transfer?

Obama doing it mobster-style?
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Old 08-29-2018, 12:29 PM   #3
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And why was that money transferred via pallets of cash?

Why not just a wire transfer?

Obama doing it mobster-style?
Couldn't be wired.
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Old 08-29-2018, 12:41 PM   #4
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Couldn't be wired.
The Feds can't wire money? Really?
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Old 08-29-2018, 12:42 PM   #5
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Couldn't be wired.
And why is that?
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Old 08-29-2018, 12:52 PM   #6
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Last month, a special forces general in the IRGC, Qassem Soleimani, posted a photo on social media depicting the White House exploding behind him, along with the caption, “We will crush the USA under our feet.”
This sounds so familiar. Didn't we hear this from a middle-eastern dictat... I mean democratically elected leader... a couple of decades back?

Oh, yes. Then they found him hiding in a hole in the ground.
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Old 08-29-2018, 12:54 PM   #7
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Because we don't have banking relations with the Iranian Government.

This issue came up again when some of the funds to be returned in an Omani Bank were to be repatriated back to Iran. The plan called for a US institution to convert the Rials into Dollars which could then be converted to Euros.

It was a big controversy as *GASP* Obama lied and actually did try to give the Iranians access to the US financial system. He did this by asking two different banks to process the conversion but both banks turned him down.

https://www.cnbc.com/2018/06/06/the-...al-system.html
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Old 08-29-2018, 12:58 PM   #8
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We don't have banking relations with the Iranian Government?

OK then.

The biggest baddest mofo's on the block (THE USA) couldn't simply flip a switch one little time to let a wire transfer go through to a bank in Iran?

I don't buy it. Not for one second.

Again, I'll ask...why the pallets full of cash?
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Old 08-29-2018, 01:05 PM   #9
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Originally Posted by PaceAdvantage View Post
We don't have banking relations with the Iranian Government?

OK then.

The biggest baddest mofo's on the block (THE USA) couldn't simply flip a switch one little time to let a wire transfer go through to a bank in Iran?

I don't buy it. Not for one second.

Again, I'll ask...why the pallets full of cash?
For that matter, why couldn't the Federal Reserve have done the dastardly deed by wire?
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Old 08-29-2018, 01:07 PM   #10
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We don't have banking relations with the Iranian Government?

OK then.

The biggest baddest mofo's on the block (THE USA) couldn't simply flip a switch one little time to let a wire transfer go through to a bank in Iran?

I don't buy it. Not for one second.

Again, I'll ask...why the pallets full of cash?
To pay off a 40 year old settlement for arms shipments that was negotiated through the IUSCT.

I just gave an example... used by right-wing media folks to label Obama a liar about one thing that's conveniently ignored when trying to argue something else... in this case the plane of cash.

Iran had about $30 Billion unfroze as a result of the JCPOA yet we still harp on this plane of cash.
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Old 08-29-2018, 01:12 PM   #11
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That article you linked to wasn't about the actual delivery of cash to Iran...it looks like it was for another deal/situation/money conversion/whatever.

Did I read that right? I mean, I'm an idiot first and foremost, so you will have to forgive me.

Thus, I will keep asking my question until I get an answer.

Why did we have to send them actual CASH MONEY in the 21st century?

There HAS to be a reason for this other than "oh well, we couldn't find any way to wire them the money, so we spent all this EXTRA money loading it on planes and helicopters and whatever and essentially air dropping it over there."

Come on man...
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Old 08-29-2018, 01:14 PM   #12
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Again, I'll ask...why the pallets full of cash?
https://www.snopes.com/fact-check/ob...u-s-prisoners/

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The fact that the money was physically sent to Iran in various currencies rather than simply transferred by wire may seem odd in the context of the United States’ increasingly cashless society, but that was done in order to avoid existing Treasury Department sanctions that banned the use of American currency in transactions with Iran, and international sanctions which at that time kept Iran from accessing the global financial markets (and which were lifted in January 2016).
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Old 08-29-2018, 01:16 PM   #13
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For that matter, why couldn't the Federal Reserve have done the dastardly deed by wire?
Wires don't really work that way. You need institutions with relationships to do it. Domestically we use the Fedwire system. Internationally you typically will operate with the central bank of that country or finding intermediaries to run the wires for you.

If you don't have a relationship with that central bank AND none of your intermediaries do either... a plane of cash is honestly probably the simplest solution... or gold... or whatever valuable...

This was literally the issue with repatriating the Omani money.

I've covered this ad nauseum...
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Old 08-29-2018, 01:19 PM   #14
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Originally Posted by PaceAdvantage View Post
That article you linked to wasn't about the actual delivery of cash to Iran...it looks like it was for another deal/situation/money conversion/whatever.

Did I read that right? I mean, I'm an idiot first and foremost, so you will have to forgive me.

Thus, I will keep asking my question until I get an answer.

Why did we have to send them actual CASH MONEY in the 21st century?

There HAS to be a reason for this other than "oh well, we couldn't find any way to wire them the money, so we spent all this EXTRA money loading it on planes and helicopters and whatever and essentially air dropping it over there."

Come on man...
Iran DOESN'T have access to the American Financial System.

That example I gave is a time Obama tried to give them access and was denied by two banks.

Your flip the switch on and off is exactly what they tried there. He was castigated for attempting to grant Iranians access to the American financial system in that instance. Now though instead of a plane full of cash we should coordinate with the Iranian Central Bank and the Federal Reserve... same outcry...

A plane full of cash is just easier.

100 years ago these same things were done... just with ships and gold.

Last edited by elysiantraveller; 08-29-2018 at 01:21 PM.
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Old 08-29-2018, 01:20 PM   #15
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Wait...what?

The TREASURY DEPARTMENT...executive branch...Obama head of executive branch...this much I'm smart enough to figure out on my own....

No way in the world Obama had the power to tell the Treasury dept to make this one wee exception...nope...executive order couldn't achieve something like that? Anything? Something? Bueller? Mueller?

No, better we spend a shitload of money to get these guys actual ducats...mullah...cash-eesh...greenbacks...

What's the real reason boys? Tell me the real reason we went with actual cash.

I know you guys are smarter than I am, so you must know the actual answer.
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