Tuesday, January 3, 2012

Positive Political Commentary

"President Obama signed a defense authorization bill over the weekend that includes a measure that would penalize foreign companies and countries that work with the Iranian financial institution. The ban would potentially choke off a chief source of Iranian revenues for its oil exports. However, the legislation includes an exemption permitting the president to waive the penalty if he determines that it would cause a spike in energy prices or pose a national security threat." http://news.yahoo.com/blogs/envoy/pentagon-pushes-back-iranian-warnings-u-aircraft-carrier-165850384.html (posted approximately 3 hours ago) Or, if he determines that it will derail his re-election chances :)

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