By Greg Hunter’s USAWatchdog.com
Top story this week is the so-called “historic deal” reached with world powers and Iran over curbing Iran’s nuclear program. Benjamin Netanyahu, Prime Minister of Israel, called it an “historic mistake.” It is not just the Israelis who are upset. Most of the Sunni Arab world is also not happy with the deal that doesn’t stop Iran’s nuclear program. The White House released bullet points of the deal that claimed to roll back the program and “temporarily freeze” it. Iran contradicted the White House and said the U.S. was misrepresenting what was agreed upon. Iran says it confirmed the right to enrich uranium and said it will not stop working on a key reactor. This “historic deal” may be speeding up the process for war in the region. Remember, Saudi Arabia and Israel have become allies against Iran, and war is very much a possibility.
In the East China Sea, things are heating up. China is claiming thousands of square miles of open ocean and the Senkaku islands. China says it has called this area an “air defense zone.” Japan, South Korea and Taiwan all say parts of this region belong to them. The U.S. reportedly has flown B-52 bombers through this zone and is going to be conducting a joint naval exercise with Japan. Meanwhile, China has reportedly flown fighter jets through the zone. Secretary of Defense Chuck Hagel says the U.S. will side with Japan in this dispute. This is why U.S. military leaders say China, holding more than $1 trillion in U.S. debt, is a national security issue. If China sells, it could cripple the U.S. financial system.
Finally, right before Thanksgiving, the Obama Administration made another change to the Affordable Care Act. It is now delaying small business enrollment for Obama Care for one year. I think this is purely a political move because in order for the ACA to work, many have to be forced off the plans they like and be forced to buy much more expensive plans. The Democrats are just taking too much heat over the millions, so far, who have lost coverage. As far as the website goes, it is still not functioning correctly.
Join Greg Hunter as he gives his analysis on these stories and more in the Weekly News Wrap-Up.