“The Iranian governments uses the billions of dollars it earns from its oil and gas industry to build its nuclear program and to fund terrorist groups that export its militaristic and radical ideology to Iraq and throughout the Middle East,” Obama said in a statement released by his office this week. “Pressuring companies to cut their financial ties with Iran is critical to ensuring that sanctions have their intended result.”
The bill, which was also introduced in the House of Representatives by Foreign Affairs Committee chairman Tom Lantos and Financial Services chairman Barney Frank, is part of a much broader national divestment campaign spearheaded by some of the most hawkish neo-conservative groups, notably Frank Gaffney’s Center for Security Policy (CSP); the American Enterprise Institute (AEI), and the Foundation for the Defense of Democracies, as well as the American Israel Public Affairs Committee (AIPAC).
Please stop bashing the Democrats '-(
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