Here’s a little something most media have not reported as yet: since President Trump got us out of the impossibly stupid, counterproductive Iran “treaty”, Iran has been paying dearly for his decision….in ways that make it harder and harder to fund terrorism around the world.
From an article at Agence France Presse (AFP) – NOT our mainstream media, we have these excerpts:
Iran’s currency hit a record low on Sunday of 100,000 rials to the dollar amid a deepening economic crisis and the imminent return of full US sanctions.
The rial has lost half its value against the dollar in just four months, having broken through the 50,000-mark for the first time in March.
The government attempted to fix the rate at 42,000 in April, and threatened to crackdown on black market traders.
But the trade continued with Iranians worried about a prolonged economic downturn turning to dollars as a safe way to store their savings, or as an investment in the hope the rial will continue to drop.
With banks often refusing to sell their dollars at the artificially low rate, the government was forced to soften its line in June, allowing more flexibility for certain groups of importers.
The currency collapse was encouraged by the US announcement in May that it was pulling out of the 2015 nuclear deal, that lifted certain sanctions in exchange for curbs to Iran’s atomic programme.
The US is set to reimpose its full range of sanctions in two stages on August 6 and November 4, forcing many foreign firms to cut off business with Iran.
Do you happen to remember how most media – those same media studiously ignoring the importance of these events – treated President Trump’s ending of that “deal”?
Here’s a personal favorite, from Robin Wright of The New Yorker, whose sub-head advised us that Mr. Trump’s decision was:
Big on headlines, brash in demands, but short on long-term strategy, his course risks failing in Iran, North Korea, and beyond.
If you are waiting for Ms. Wright to amend that opinion just a tad….you’re still waiting. I wonder if you ever won’t be.
And then, of course, there was this article by Mark Landler of the New York Times, which enumerated everything wrong with Mr. Trump’s pullout.
We’re still waiting for the retrospective there as well.
And there are plenty more where that came from.
The bottom line is that, in just four months, Trump’s decision has not only blown Iran out of the water economically, but has forced the hardliners running the show there to backtrack on certain economic decisions because their people were in open rebellion against those decisions.
Is it not eminently logical that this must be crippling their funding of terrorist groups?
Somewhere in all this, a thank-you is owed to Donald Trump for making his decision and standing by it. But don’t expect that thank-you from most mainstream media.
One other thing: I would say it took courage for President Trump to make his Iran decision, given the lambasting he got from media over it. But I am disinclined to do so…on the grounds that, since media lambaste him for just about everything he does, their reaction has become irrelevant.
I wonder when these geniuses figure out that, by staying in perpetual anti-Trump mode, thus giving him no reason to consider what their reaction to his decisions will be, they have lost any leverage which might have been generated by occasionally giving him credit for how things are going during his presidency. Like maybe the GDP, unemployment data, NATO countries finally paying up more of their share, among others.
Put another way, it must be very liberating for Donald Trump to know that no matter what he does his media enemies will attack him for it. That means he never has to worry about what their reaction will be to his decisions; he already knows it. So he can do exactly what he wants.
Funny how that works…..