“If they need something really quick and reliable, the U.S. is there to do it.”-unnamed U.S. wheat trader
It’s been revealed that despite U.S. economic sanctions against Iran, U.S. agricultural giants Cargill and Bunge will sell about 220,000 tons of U.S. wheat to Iran, by April.
Not only that, but Iran is paying more than the going Market rate for wheat, as much as $30 per metric ton more!
So what happened to the U.S. economic sanctions against Iran? Turns out money does talk, and U.S. officials are willing to turn a blind eye to big Iranian money being spent on U.S. industries: “They seem to be taking hundreds of thousands of tonnes a week. If that’s the case and we repeat 2008, if they buy seven million tonnes of wheat, this is going to be a huge deal for the [U.S.] market.“-another unnamed U.S. wheat trader
This could also be proof that there is no economic recovery taking place inside the United States, forcing officials to go back on threats against Iran.
It’s not just the agriculture industry, even U.S. medical industries and oil contractors, and even Mars candy bar corporation, are allowed to continue business with Iran. Guess why? A U.S. law created by Republicans, under the influence of Corporate America, in 2000, allows dozens of U.S. industries to be exempt from any future sanctions against Iran!!!
According to a December 2010 New York Times article, the U.S. government, under Republican President George Bush Jr, enacted a law in the year 2000 that allowed U.S. companies to not only do business with “terrorist” “rogue” states such as Iran and North Korea, but to be exempt from future sanctions!
Even Democrats complained about the Republican created law: “It’s not a bad thing to grant exceptions if it represents a conscious policy decision to give countries an incentive. But when you create loopholes like this that you can drive a Mack truck through, you are giving countries something for nothing, and they just laugh in their teeth. I think there have been abuses.”-Stuart Eizenstat, former Bill Clinton administration