re: Reminder: Hussein Soetoro sent Soleimani $1.7 BILLION in taxpayer money

quote:

---

So, it was ultimately taxpayer dollars.

---

Some of the interest, yes, probably.

The 400 million in principle from 1979 MoU was clearly money belong to a foreign government, which the US had been contractually required to place in an interest-bearing account… though we did not do so.

Because we breached that agreement, we clearly owed interest… Though the amount was in dispute. It could’ve been $1.4 billion, and it could have been more or less than that sum dependent upon the finding of the ultimate tribunal (which had not yet issued).

The US government had a subrogated right to retain approximately $400 million of the interest payable (the fact that the figure is the same as the original principal was a coincidence), but waived that right as part of the overall settlement.

If the ultimate interest award had exceeded $1.8 billion, then waiver of the subrogation rights was a good deal. If the ultimate award had been (for instance) $1 billion, waiver of those rights would’ve been “taking a bath.”

it is a sort of gamble that people make every day when they settle a lawsuit. They evaluate the risks, the potential upside, and the potential downsides. Then they make an informed judgment.

quote:

---

That court is toothless.

---

We agreed to the arbitration under Reagan AFTER the hostages were released. Man, there are a bunch of people on this board that don’t like laws or honor their word. I’m still waiting on a single valid reason why we wouldn’t give them their money back AFTER we agreed to do so other than “they don’t like us or we don’t like them”.

quote:

---

Think Exxon got the $18B the International Court ordered Chavez to pay for seizing their assets?

That court is toothless.

---

Enforcement is more a political than judicial matter.

The Chavez/Maduro regime will eventually fall and be replaced, and Exxon will still have its judgment. The new regime will have significant incentives to resolve the claims, in order to rejoin the community of nations.

BTW, the figure is $1.8 billion, not $18 billion. You are off by a factor of ten.

“taking a bath.”

Is what America did in this case.


Interest rates on money dropped drastically over time and at a very low rate now.


And this foreign nation was still under sanctions.

The same reason you don't give a drunk their own car keys, even though the keys don't belong to you.

quote:

---

400MM of that (the currency) was return of Iranian assets.

---

So your pal obama gave all this money to a country responsible for the deaths of at least 600 Americans. Not to mention the torture and death of thousands of Iranians.

I don't care if it was a "return of Iranian assets" they are the No.1 sponsor of terrorism.

Obama is guilty of aiding and abetting in a crime. I hope that before I die I will see Barry Obama and his henchmen (including Hildabeast and Lurch) in jail.

.. because it never happened there is no link unfortunately. Don't let that get in the way of your rabble rabble.