Staff ReportsThe Biden-Harris administration has once again stepped into the spotlight to deliver a jaw-dropping, head-scratching maneuver that has left even some Democrats wondering what in the world is going on. Just days after Donald Trump clinched the 2024 presidential election, the outgoing administration decided to gift Iran a whopping $10 billion in sanctions relief. This was done without a second thought for the ongoing attacks on Israel and Iran’s unwavering support for terror organizations. It’s almost like leaving the door to a lion’s den open and saying, “Be careful, they bite!”
According to reports from the Washington Free Beacon, Secretary of State Antony Blinken made the stunning decision to waive mandatory economic sanctions on November 8. His bright idea was to allow Iraq to transfer substantial funds to Iran under the guise of electricity import payments, all while waving America’s security interests like a flag in front of a bull. In typical fashion, the Biden administration seems to think that giving a pet tiger a steak will make it less likely to maul its owner.
The left likes comparisons to Hitler. When all was lost, Hitler ordered his troops to burn Germany to the ground. He did that so there would be nothing left for the new government.
Do you agree that Biden's administration exhibits the same behavior?https://t.co/AKGBI64JUL
— Dr. Thom, Ph.D., CPA 🇺🇸 🇺🇸 🇺🇸 (@TAG2335) December 10, 2024
This isn’t the first time the waiver was granted, as the Trump administration had also allowed a similar move. However, Trump had the sense to limit Iran’s access to the cash, keeping it under tight reins. The Biden team, on the other hand, opted for a more generous approach, allowing Iran to convert funds to euros and stash them in Omani bank accounts. This so-called “humanitarian” access to cash makes it easy for Iran to waltz into international markets and procure whatever it fancies while giving the finger to previous restraints. Going from an escrow account in Baghdad to a euro stash in Oman—what could go wrong?
The Biden administration claims this money is earmarked for humanitarian needs like medicine and supplies—nice sentiment, but conservatives are quick to remind everyone that money is fungible. Critics argue that providing these funds simply frees up Iran’s existing cash reserves, which can then be rerouted to support its terror proxies such as Hamas and Hezbollah. If the goal is truly to aid humanitarian efforts, it appears they might need to take a course in basic economics first because the fundamental rules still apply even in geopolitics.
Now, here’s the kicker. This sanctions waiver was implemented just after the United Nations reported that Iran was giving unprecedented support to Houthi rebels in Yemen, who subsequently have been launching attacks on global shipping and directing missiles toward Israel. If that isn’t a recipe for disaster, someone needs to redefine ‘recipe’. Meanwhile, Biden has been busy delisting these Iranian-backed rebels as a terrorist group since taking office in 2021, as if taking the label off a jar makes the contents inside less harmful.
In summary, the Biden administration’s latest moves suggest a troubling trend of providing financial lifelines to regimes that actively work against US interests and its allies. With a flair for the dramatic, they seem to have turned national security into a game of “How Much Can We Give Them Before They Bite Us?” It’s safe to say that many conservative Americans are rightfully shaking their heads, hoping for a change come January 2025, lest another $10 billion find its way into the wrong hands.
