Those aware of the profound nature of the threat that an Iranian nuclear weapon would pose to the West and to Israel have long been assured by the Washington foreign policy establishment that if diplomacy fails to persuade Tehran to behave, international sanctions provide the leverage that can solve the problem. Well, after two years of an administration dedicated to “engagement,” even President Obama seems to know diplomacy won’t work. So that leaves us with sanctions.
Amassing an international coalition to back the sort of economic sanctions that could bring Iran to heel has proven beyond the capacity of the United States. Even if our European allies are now prepared to think about tough sanctions, the Chinese and the Russians are not. So the best President Obama could do was to get the United Nations to pass a set of mild sanctions this past year that didn’t impress the Iranians. We knew that the confidence of the Khamenei/Ahmadinejad regime as they faced down the West was due to its knowledge that Russia and China would never allow serious sanctions to be passed. We also knew that Tehran felt it could count on its Western European business partners to ensure that the West was sufficiently divided on the need to enforce sanctions, let alone resort to force to prevent Tehran from achieving their nuclear ambitions.
But today we learned another reason why the Iranians were so confident about their chances for victory: the United States government has been allowing a vast number of companies to evade the existing sanctions and to do literally billions of dollars in business with Iran. Read More