Tuesday
Apr282009
Kyl: Choice - Us Or Iran
By Kayleigh Harvey - Talk Radio News Service
At a press conference regarding the bi-partisan Iran Refined Petroleum Sanctions Act, Senator Jon Kyl (R-Ariz) said, “In effect what we are saying to the few companies in the world who provide this refined gasoline to Iran is, ‘You can either do business in our $13 trillion economy with us, or you can do business with Iran with its $250 billion economy, but you can’t do both.’”
The Bill would expand on the Iran Sanctions Act of 1996, giving President Obama the power to "stop companies who continue to sell refined gasoline to Iran or provide refining capacity from doing business in the United States or through the American banking systems,” said Kyl.
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At a press conference regarding the bi-partisan Iran Refined Petroleum Sanctions Act, Senator Jon Kyl (R-Ariz) said, “In effect what we are saying to the few companies in the world who provide this refined gasoline to Iran is, ‘You can either do business in our $13 trillion economy with us, or you can do business with Iran with its $250 billion economy, but you can’t do both.’”
The Bill would expand on the Iran Sanctions Act of 1996, giving President Obama the power to "stop companies who continue to sell refined gasoline to Iran or provide refining capacity from doing business in the United States or through the American banking systems,” said Kyl.
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Lieberman: "Target Iran's Economic Achilles Heel"
At a press conference regarding the bi-partisan Iran Refined Petroleum Sanctions Act, Senator Joe Lieberman (I-Conn.) said that the purpose of the legislation, which expands on the Iran Sanction of 1996, is, “to empower President Obama...by providing him with the explicit authority to target Iran’s achilles economic heel, which is its dependence on imports of petroleum...most notably gasoline.”
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