Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

mfcorey1

(11,001 posts)
Thu Dec 13, 2018, 05:47 PM Dec 2018

Fact check: President Trump's claim that Democrats gave Iran $150 billion

****snip***

There are two numbers that Trump loves to reference when discussing the international nuclear agreement negotiated with Iran when Obama was president: $150 billion and $1.7 billion. The latter was a cash transaction, said to be the settlement of a long-standing Iranian claim against the United States, with interest, that was curiously timed to arrive when Iran released four detained Americans. (We discussed this payment at length in this fact check.)

Trump might have grounds to complain about the circumstances of the $1.7 billion cash transaction. But he’s all wet about the $150 billion claim, especially when he suggests it was taxpayer money. That’s certainly what he did in this tweet, asking why Democrats will not agree to appropriate $5 billion for a wall on the southern border with Mexico when they “gave Iran 150 Billion Dollars.”

But unlike the cash deal, this was not U.S. money. It was Iran’s money, frozen in international financial institutions around the world because of sanctions intended to curb Iran’s nuclear ambitions. For instance, many of the funds were held in banks in Asia, including China and India, as well as Turkey. Many of the countries received waivers to buy Iranian oil and gas during the sanctions but placed the payments in escrow-style accounts that remained off-limits to Iran. The Islamic Republic also transferred assets to Asian banks from Europe in anticipation of financial sanctions.

https://www.msn.com/en-us/news/factcheck/fact-check-president-trump%e2%80%99s-claim-that-democrats-gave-iran-dollar150-billion/ar-BBQTw71?li=BBnb7Kz

3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Fact check: President Trump's claim that Democrats gave Iran $150 billion (Original Post) mfcorey1 Dec 2018 OP
K&R Scurrilous Dec 2018 #1
It was lies like this that Trump got away with that helped get him into the White House. Doodley Dec 2018 #2
Of course most of us knew this Yo_Mama_Been_Loggin Dec 2018 #3
Latest Discussions»General Discussion»Fact check: President Tru...