The United States should have frozen assets belonging to the Iranian government, and any affiliates, a long time back. In fact, companies with ties to the oppressive Iranian regime shouldn’t have been allowed to do business in this country, or any other nation for that matter, in the first place.
The federal government is finally seeking to freeze/seize at least some Iranian assets now. According to President Barak Obama:
“Our relations with Iran have not yet returned to normal, and the process of implementing the January 19, 1981, agreements with Iran is still under way … For these reasons, I have determined that it is necessary to continue the national emergency declared on November 14, 1979, with respect to Iran, beyond November 14, 2009.”
If we are in a state of emergency with Iran, why are Iranian businesses even allowed to own assets in this country?
Of course, it isn’t Obama’s fault, but Iran hasn’t yet been shown the stick, only the carrot.
