The horrific cost of Biden’s $6B Iran deal
Once again, Joe Biden’s blunders have had deadly consequences.
The president believed that unfreezing $6 billion in assets to Iran, a nation that funds terrorists, wouldn’t have any negative repercussions.
The mounting death toll and tales of horror in Israel speak volumes to the contrary.
Biden, the $6 Billion Man, approved the August deal to unfreeze the assets in exchange for the release of five American prisoners. Under the terms of the deal, the money can only be used for humanitarian-related purposes, including purchasing food or other goods outside Iran for import, U.S. officials said.
As this administration has shown repeatedly, it doesn’t have a firm grasp of how money works.
Nikki Haley, former South Carolina governor and 2024 Republican presidential candidate, pointed out that allowing Iran access to those funds under any circumstances improves its budget situation, freeing up money that would be used to use elsewhere, Reuters reported,
“Let’s be honest with the American people and understand that Hamas knows, and Iran knows they’re moving money around as we speak, because they know $6 billion is going to be released. That’s the reality,” she said.
Republicans have called for the deal to be reversed, and Democrats are now scrambling to do disaster control.
Sen. Jon Tester (D-Mont.), called on the Biden administration “at a minimum” to freeze the $6 billion in Iranian assets, according to the Hill.
“As American intelligence officials continue to investigate the terrorist attacks carried out by Hamas, we should review our options to hold Iran accountable for any support they may have provided,” he said. “At a minimum, we should immediately freeze the $6 billion in Iranian assets and explore other financial tools we have at our disposal.”
Sen. Joe Manchin (D-W.Va.) also called for the transfer of Iranian funds to be halted.
“I wasn’t supportive of the initial $6 billion transfer. We should absolutely freeze Iranian assets while we also consider additional statements,” he said Tuesday.
After mowing down Israelis at a concert, raping women and slaughtering families – including children – Hamas isn’t packing up their gear and going home.
Wiping Israel out of existence is their mission.
It’s all well and good to denounce the terrorist attacks as “sheer evil” and send military supplies to Israel, but supporting the only functional democracy in the Middle East relies on foresight and strategic thinking.
The U.S. is sifting through intel to figure out what happened, but a U.S. official told CNN, “Iran likely knew Hamas was planning operations against Israel, but without the precise timing or scope of what occurred. Although Iran has long supported Hamas with material and financial support, we have not currently seen anything to suggest Iran supported or was behind the attack.”
We know Iran supports Hamas, and yet Biden unfroze $6 billion in assets. The deal was to release five Americans, yet at least 22 U.S. citizens are confirmed to have been killed in the Israel-Hamas war, according to the State Department.
There is no spin for this, no blame to be shifted.
Biden has added yet another deadly debacle to the list.
