American Free Press AFP
Last Real Newspaper
Top_bar7About AFPBookstoreArchivesMember Login
left_menu8E-NewsletterContact
left_menu7Free issueSubscribe
left_menu9Online Edition
left_menu10Distribute
left_menu11Search
side_menu4ArchivesBooks
left_menu12
left_menu13First AmendmentHistoryLinksFirst Amendment
left_menu14Cartoon
Readership3
Ho t_news
Video clips
Alerts bottom
Amazon1
uncivil_liberties2

Institute for Truth Studies

John ellis water
megashopper
jswgoldbanner2
BANNERADAFP1
Anti New World Order political t-shirts for patriots and renegades against the NWO-click to browse

Support AFP: Visit Our Advertisers

Schemes to Cripple Iranian Oil Industry
Could Spur Record Gas Prices in U.S.

  rss202

THE WARMONGERING American Israel Public Affairs Committee (AIPAC) has issued its marching orders to Congress in regard to Iran and is likely headed for a collision course with the White House, according to a new report by a leading Capitol Hill newspaper.

AIPAC wants Congress to impose sanctions on any company around the world that does business with Iran’s petroleum industry. Since Iran has to import 40 percent of what it needs to pump and refine oil, this legislation, which also calls on the U.S. government to pressure other countries to comply, would effectively close down Iran’s main source of funding and result in a spike in oil prices.

Legislation in the House and the Senate has already been drafted—no doubt by AIPAC staffers themselves and then spoon-fed to their pawns in Congress.

In the House, the Iran Refined Petroleum Sanctions Act of 2009 (H.R. 2194), which was introduced by Rep. Howard Berman (D-Calif.), is currently in the Committee on Rules and has 132 sponsors.

The bill states it would “amend the Iran Sanctions Act of 1996 to enhance United States diplomatic efforts with respect to Iran by expanding economic sanctions against Iran.”

The Senate version, S. 908, introduced by Sen. Evan Bayh (D-Ind.), already has 52 cosponsors and is currently in the Committee on Banking, Housing, and Urban Affairs.

banner_newsletter

In a nutshell, the two bills, which Iranian groups have described as “shameless,” would block companies that “sell, ship, or insure refined petroleum deliveries to Iran or invest in Iran’s domestic oil industry” from also conducting  business in the United States. They essentially encourage an international oil embargo against Iran.

It’s a dangerous game that will likely result in a spike in the price of oil, as commodity investors anticipate reductions in world supply. But AIPAC is unconcerned about average Americans, who rely on inexpensive gas to get them to work and are already suffering from an economic crisis brought about by Wall Street.

And that is not all of it. Another bill reportedly being pushed by AIPAC is the Iran Sanctions Enabling Act of 2009 (H.R. 1327), which calls on state and local governments and educational institutions to divest themselves from corporations or other business entities which invest in Iran’s oil and gas sector.

Ironically, while AIPAC is calling on governments and other institutions to officially stop doing business with Iran, it is illegal for businesses to refuse to do business with or divest themselves from Israel. In 1977, Congress passed legislation in direct response to an Arab boycott of Israel that created the Office of Anti-boycott Compliance within the Department of Commerce.

The law made it illegal for U.S. persons or organizations to “boycott a country that is friendly to the United States.” Because Israel is an “ally” of the United States, the law prohibits actions that “further or support boycotts of Israel.”

President Obama has already said he does not support increasing sanctions against Iran right now, instead advocating direct talks to discuss that country’s nuclear program. The White House is seeking to shift U.S. policy on Iran after 30 years of an old policy that “has produced no results,” he said. The world is now watching to see who will blink first.

Subscribe to American Free Press. Online subscriptions: One year of weekly editions—$15 plus you get a BONUS ELECTRONIC BOOK - HIGH PRIESTS OF WAR - By Michael Piper.

Print subscriptions: 52 issues crammed into 47 weeks of the year plus six free issues of Whole Body Health: $59  Order on this website or call toll free 1-888-699-NEWS .

Sign up for our free e-newsletter here - get a free gift just for signing up!

(Issue # 23 & 24, June 8 & 15, 2009)

Send this page to a friend! (click here)

Please make a donation to American Free Press

Not Copyrighted. Readers can reprint and are free to redistribute - as long as full credit is given to American Free Press - 645 Pennsylvania Avenue SE, Suite 100 Washington, D.C. 20003

Support AFP: Visit Our Advertisers

Send this page to a friend! (click here)

 

SAE_09_AFP
ost_oilhoax_120x600
Ron_Paul_Revolution1
Free_silver
cash_gifting2

 

OST_Oil_Hoax_468x602
Gideon