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The Saudis own the banks and the banks own the Senate

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As senators work on Iran sanctions bill, White House lobbies lawmakers not to act

A bipartisan juggernaut of senior senators is spending the remaining week of the Thanksgiving recess forging agreement on a new sanctions bill that the senators hope to pass before breaking again for Christmas.

Obama's deal with Iran is very popular. Nobody wants a war and the end of sanctions will lower the price of heating oil just in time for winter. But somehow none of that matters to Robert Menendez and Chuck Schumer, they are pushing for new sanctions.

Ever since 1979 Saudi Arabia has had a big rivalry with Iran and wants us to do their dirty work for them, and their banker friends are pushing for this all the way.

Makes me sick.

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Submitted by lambert on

You'd think Obama would be able to control his own party, or at least Upchuck Schumer. But no.

First they ignore you, then they ridicule you, then they fight you, then you win. -- Mahatma Gandhi

Submitted by Hugh on

The question is how much of the Senate action is kayfabe. End of the year action looks poised to go nowhere. It could die in the Senate. It could die in the House. It might not even come up in the House. Both Houses could pass slightly different versions leaving no completed version. Obama could veto it outright. If Congress adjourns for Christmas, he could take no action and pocket veto it.

On top of that, it could be written in such a way to give Obama all kinds of outs to ignore it. In other words, I will believe it when I see it.

Hugh

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Submitted by jo6pac on

me to, bought and sold chucky.