Obama's history of being wrong about Iran sanctions

NY Post Editorial:

President Obama’s pitch for his Iran deal relies heavily on the claim that it’s the best bargain to be struck, that the sanctions that forced Tehran to the table will inevitably fall apart even if Congress kills the accord. All wrong.

How did Washington get UN sanctions in the first place? Saber-rattling. The Bush administration let Dick Cheney loose to talk about how America might have to strike Iran’s nuke sites — and the Europeans, Russians and Chinese got nervous enough to let sanctions pass the Security Council. Three times.

But the sanctions that finally brought Iran to negotiate came from Congress in 2012 — financial sanctions targeting Iran’s banks and its access to global insurers. This, despite Treasury Secretary Tim Geithner’s plea about how they’d ruin everything. Sen. Bob Menendez pushed the bill into law anyway.

US-only financial sanctions carry enough weight by themselves. Half the world’s capital flows through American banks; next to nothing through Iran’s. Tell a German banker — or a Chinese one — that he can do business with only one of the two nations, and he doesn’t really have much choice at all.

Twice in recent decades, Washington brought the world’s toughest bankers, the Swiss, to heel — forcing them to cough up funds owed Holocaust victims, and to stop helping US citizens dodge taxes.

Those 2012 sanctions worked. Obama had famously had his hand out to Iran since before taking office, with no response. But within months of those sanctions kicking in, Tehran came calling.

At which point Obama suspended the Menendez sanctions, trading them for Iran finally agreeing to talk. Which left Tehran little reason to concede a thing. Hence the rotten bargain on the table, which leaves Iran utterly free to build nukes after a decade or so.
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Obama is a narcissist with an overrated intellect.   That is why he wound up with such a lousy deal and is using the politics of fraud in an attempt to sell it.  He is willing to go against the will of the people to impose this pad deal on the US.  That is his narcissism kicking in.  He will go down in history as one of the worst negotiators to ever hold office.  He is weak when negotiating with enemies and rigid in negotiating with Congress.