WNW 185-Iran Nuke Deal Falls Apart, Will Fed Raise Interest Rates, Economy Getting Worse

5By Greg Hunter’s USAWatchdog.com (4/10/15)

The deal to curtail Iran’s nuclear program is no deal at all.  How do I know this?  You just have to listen to the leadership in Iran.  The Ayatollah Khamenei has weighed in along with his subordinates, and they have said that the White House and the President are liars.  There is going to be no inspections of their military facilities, and they are not going to stop enriching uranium.  Also, the President said the sanctions would be lifted gradually as the Iranians complied with the deal, and Iran now says they demand sanctions be lifted at the signing of the deal; otherwise, there is NO DEAL.  They had me at “liar.”  How do you negotiate a deal when the other side calls you a liar and a devil?  Either John Kerry or President Obama knew they did not have a deal or they are incompetent.  Maybe they are a little of both.  I predict right here and now there will be no deal to curtail Iran’s nuclear program.  Ironically, as the Obama Administration is being called out for lying by the Iranians, the White House twitter account is mocking Israeli Prime Minister Benjamin Netanyahu.  Israel is an ally, and Iran is still on the State Department list of countries that fund terrorism.  I cannot make this stuff up.  The White House is negotiating with Iran, and it will not even address terrorism as part of the Iran nuke deal.  Does that mean Obama is okay with what Iran is doing in the Middle East?

Meanwhile, Congress is getting legislation ready that will require it to have a say in the Iran Nuke deal and also will propose new sanctions if there is no deal.  The President said he would veto any legislation that gets in the way of his deal.  The only question that remains is can Congress get enough Democrats to vote to override a veto.  The chances are good they will because this is just way to important for Congress to sit by and watch the President, who now looks like a fool.  I have to say one thing for the Iranians, they have been very consistent over the past several years I have been reporting on this.  The real wild card here are the Arabs and the Israelis, who are now on the same side against Iran.  This is a powder keg situation, and the fuse is lit.  We just do not know how long it is.

Iran is now reportedly sending warships to the Yemen coast.  Egypt is also sending warships and troops.  Egypt and the rest of the world has much to lose if the Strait of Mandeb is shut down by either war or terror.  If the Mandeb Strait is closed, that means the Suez Canal will not produce revenue to Egypt, and things like oil shipments will stop and be forced to go around Africa to get to Europe.

The economy showed yet another sign that it is in trouble.  Wholesale sales have plunged and are joining the declining factory orders.  The March Fed minutes were released, and the Fed is reportedly split on raising interest rates.  My friend Gregory Mannarino of TradersChoice.net called me and said the Fed has turned into a “circus.”  Mannarino contends the Fed knows that if it raises interest rates, the economy gets killed.  I agree.  It really faces two choices and that is to raise rates now and immediately kill the economy or let it ride, but the result is the same.  Almost everyone I talk to and hear about agree on two facts:  What we are doing with 0% interest rates cannot go on, and we are headed for another financial calamity.  Just this week, the Head of the IMF, Christine Lagarde, warned how 0% rates could cause “asset over-valuation risks.”  Jamie Dimon of Chase is also warning of another crash just this week.  This is making its way into the mainstream vernacular.  Does that mean a crash is getting closer?

Join Greg Hunter as he analyzes these stories and more in the Weekly News Wrap-Up.

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Comments
  1. alex kincaid ross

    We all know the end is coming . The only certainty being , the longer it takes to get here the bigger the mess will be, when the balloon does finally go up . You are right on the money Greg keep up the good work.

  2. Donna

    Do you suppose we will ever know the rap sheet on every doosh in DC who came to that town nip and tuck and within a few years became a multimillionaire? Can you imagine what a novel that would make? Corzine still mingles with the gods unscathed. Someone tell me what the difference is regarding who gets prosecuted. Never mind, we all know.

    Lois Lerner off the hook. Hillary, hey what difference does it make? Hillary and McCain running for office — HUH? Stockholm syndrome?

    The thing that is rolling around in my mind’s cage is whether or not we as a country will make better choices in the future (if indeed there is a future). Hello, when your candidate’s minister GD’s America, do you think people’s radar will activate next time? When a candidate openly telegraphs a progressive agenda, at what point do you consider your wife and kids first?

    I got rid of TV totally, stopped listening to talk radio. The only one who purges the bile in me is Michael Savage when it comes to talk radio. He is my only exception. The others get most of their schtick off the Drudge Report. How lazy! I know everything they have to say by 5 a.m.

    And enough with the right/left routine. We are one slow walk from the execution courtyard and these clowns in radio keep trying to put a new wax job on the Bill Kristols, Dick and Mary Cheney, Jeb Bush …. Aaaaaaaaaaaah!

    My brother used to ask me this question whenever I made a stupid decision that reared up and bit me: “Did you learn anything?” Me: “Yes, I will never do that again.” My brother: “Then it wasn’t a total loss, was it?”

    I’m ready and anxious to help put the pieces back together, should we ever get that chance. But, it would be pointless if the bulk of the public doesn’t grasp reality and learn from this.

    • paul

      If we learned anything from Gandhi when he said … “the Fed should only print enough money for man’s needs not his greed” … we would all be in better shape right now!

    • dbcooper

      Donna, I agree with “Shoot your TV!!” We have listened to Rick Wiles … Trunews.com for years and he rarely disappoints; excellent interviews. Greg you are doing a great job and we will continue to tune in for as long as they allow us to!!

      Yours in Faith and Liberty, FN DB

    • frederick

      Donna I too liked Dr Savage very much but his denial of the 911 false flag as well as his Muslim hating which is nonsense has turned me off Also the way he belittles any callers that he disagrees with is extremely arrogant and infantile in my opinion

  3. Donna

    Needs no translation.

    Pick a country, any country. Oozing of arrogance and incompetence. God help us.

    https://www.youtube.com/watch?v=_iTQYIYZBjM

    • John

      I agree Savage can be caustic at times, but he is usually right. What he says about a nation being defined by it’s borders, language, and culture is spot on, and the current administration is doing everything it can to blur the lines. We are in trouble. Great article Greg. I learn a lot from your guests and your insights. Please keep up the great work!

  4. paul

    I think we are about to see the beginning of a “United States of the Middle East” … with the formation now of an informal alliance between Israel and the Sunni States, including Egypt, Jordan, Saudi Arabia and the Gulf States (except Qatar) in a move to counter a nuclear armed Iran … where Israel as the lead State of this Union will provide nuclear cover for the other Sunni States.

    Israel is now actively collaborating with these Sunni States in security, defense and intelligence activities, as well as such economic projects as gas supply to Jordan and the Red Sea to Dead Sea water project … this new Middle East Union may one day be called the “United States of the Middle East” … as the brother’s of Abraham finally unite to build a strong new economic, scientific and technological Union at a time when the European Union seems on the verge of collapse!

    • paul

      Germany’s Angela Merkel is on record as having said “a Greek Exit from the Euro would mean the end of the European dream” … although Greece made a payment of $490 million dollars to the International Monetary Fund on April 9 … all eyes are now focused on the upcoming payments Greece will have to make “every week in April” … and also the further $7.75 billion dollars it will have to find in May and June … will the Fed be picking up the bill as part of a QE4 expansion of the money supply? … so as to prevent Greece from being “taken” in the Grand Chess Game being played by the US and Russia?

    • paul

      As Israel draws closer to its Arab brothers watch to see a breakthrough in the Palestinian issue … perhaps an agreement that states “no women … no children” and a lifting of sanctions!

    • Silence is Golden

      Paul,
      I will say it again….and keep saying it until I am blue in the face.
      THE M.E. IS THE ECONOMIC CENTRE OF THE GLOBE.

  5. Colin - 'the farmer from NZ'

    Hi Greg
    Congrats. on another great WD week my friend.

    Just my 2 cents worth re the Iran deal.
    As you know I am neither a statesman nor a financial expert.
    I am just a 60 year old impartial observer from afar but I do believe I recognize a liar when I hear and see one. Personally I regard Obama and Kerry, not to mention Nuland, as completely untrustworthy psychopaths and the concept that Iran could trust Washington in any deal as quite simply farcical and utterly untenable.
    .
    I have to agree with PCR on this one and take the liberty of quoting a couple of recent comments from him ;
    ” On what basis could Iran possibly trust Washington”
    and……………………..
    ” An agreement with Washington is a prelude to treachery. It puts the signer at ease while Washington prepares the signer’s doom. This is the way Washington operates.”
    Ooops sorry…. I copied and pasted!

    Of course the problem of serial porkies is much wider than the current administration.
    Perhaps Iran can remember that bare faced lies were repeatedly told by the Bush admin as to Iraq’s conduct. These lies led to sanctions and a war plus the death of some 4,500 US servicemen and one million Iraqi’s. And thats right didn’t that one million casualties include 500,00 infants whose deaths were directly attributed to the economic sanctions imposed on that country by the US and its cohorts.

    Perhaps Iran reflects too on what Washington’s deal was worth when they agreed with Gorbachev that they would not move NATO east when Germany was reunified.
    This list goes on ad nauseam.

    I’m sorry Greg but as long as your country instals [ I was going to say ‘elects’ but this is not always the right term] incompetent liars into high positions including the white house, then the US will never be taken seriously ever again in any diplomatic deals.
    They will have to continue to rely on their reputation as a bludgeoning bully in order to get anything done.

    Sorry if this sounds a bit harsh but this is how many people around the world regard the US now. Quite frankly I feel very angry about the serial bad behavior of the US and its partners in crime, particularly the UK and TPTB.
    I feel this way and I live in a traditionally ‘US lapdog country’ that so far [touch wood !] has not been bombed and lost a million or so of it’s citizens because we stepped out of line.

    Remember too that people of my age, 60 years old, cannot remember a single year where the US was not involved in at least one war somewhere in the world.
    It is disgraceful to think that during this time and up until 2009 these wars cost the lives of some 35 million people and injured an estimated 350 million.
    Even more astonishing is the fact that this killing was seemingly normalized by many US vassal states.
    Well guess what US, most of the world is now thoroughly sick of this big fat bully on the block and they won’t be making any deals because quite frankly there isn’t any point!

    Cheers
    Col

    • dbcooper

      Gertrude, We call it the “War Of Northern Aggression” !! DB

    • Silence is Golden

      Col,
      The sad truth about the US and its involvement in War does not and never will form part of the history that is taught in schools.
      These sub-humans that control the governments do from time to time chose very competent people for the CIC role. The trouble is, they also create inducements/deterrents to ensure that the incumbents do not deviate from the desired agenda/objectives.
      Of course there are different elements operating with differing motives within any administration. What we don’t overtly see is the in-fighting.

  6. southernpatriot

    HEY GREG,WHAT HE SHOULD BE IS IMPEACHED!!
    ISRAEL, IS THE ONLY ALLY THAT WE HAVE LEFT THAT CONTINUES TO SUPPORT AMERICA. WE HAVE PRETTY WELL TICKED OFF EVERYONE IN THE WORLD. AND WE CONTINUE TO ALLOW THE WH TO MOCK AND TRASH THE STATE OF ISRAEL AND THEIR PRIME MINISTER!
    WHACK A DODDLE MY FOOT. I THINK THAT’S PART OF THE STRATEGY FOR FUNDAMENTAL CHANGE OF AMERICA. DESTROY OUR TIES AND RELATIONSHIPS WITH OUR ALLIES. SINGLE US OUT. THE NEXT WAS TO STEAL ALL OF THIS NATIONS WEALTH! THEN STIR THE POT UP WITH HIGH UNEMPLOYMENT NUMBERS AND FOR GOOD MEASURES THROW IN CIVIL STRIFE. THAT’S THE WAY I SEE IT GREG.
    THIS ADMINISTRATION KNOWS EXACTLY WHAT THEY ARE DOING!
    WAKE UP AMERICA, THERE IS NOT A BOZO IN THE WH, THERE IS A FULL FLEDGED MARXIST IN THE WH. THIS IS ONLY GOING TO END ONE WAY. THE TOTAL DESTRUCTION OF THE UNITED STATES OF AMERICA. I WONDER WHAT WE WILL SAY TO OUR CHILDREN AND GRANDCHILDREN IN THE YEARS TO COME. THAT WE DID NOTHING TO DEFEND THIS GREAT NATION. WE FORGOT OUR AMERICAN HISTORY AND THAT AMERICAN PATRIOT S PLEDGED THEIR LIVES, THEIR FORTUNES AND THEIR SACRED HONOR FOR THE CAUSE OF FREEDOM AND LIBERTY!
    THE ONLY UNKNOWN IS, IF THE “JOHN & JANE DOES” IN THIS COUNTRY, WILL GET OFF THEIR BEHINDS AND DEFEND THE REPUBLIC WHILE IT STILL STANDS??
    CAN YOU SAY, I WANT TO BE ENSLAVED AND GIVE UP ALL OF MY FREEDOMS. DO NOTHING AND THAT WHAT WILL HAPPEN!
    COME ON AMERICA, JOIN THE FIGHT FOR LIBERTY TO DEFEND THE UNION AND HELP PROVIDE FOR THE COMMON DEFENSE AND SECURE THE BLESSING OF LIBERTY. “WE THE PEOPLE” ARE NOT LICKED YET.BETTER DECIDE REAL SOON FOR TSIHTF AS WE SPEAK! THAT’S MY WRAP UP GREG. APPRECIATE WHAT YOU DO FOR THIS COUNTRY. SP

  7. Oracle 911

    Hi Greg
    Obama doing his masters biding, which is destroying USA and it can be seen as incompetence or political machination. And that is another reason why he would be impeached on treason or why he would be able walk away. Not to mention that fact if Obama get impeached on treason the 47 congressmans should be to (those who write letter to Iran).
    Another “fun fact” about Obama’s administration, they are refusing evacuate US citizens on pretext they were warned (about 200 suits were signed against the US gov.) and icing on the cake is: the said citizens are asking the Russians for help (and they are getting it).
    I “wonder” what kind of massage is this sending.
    What happens if an US citizen will be killed?
    Obama will held a press conference and will say something like:
    “I signed an executive order to getting out US citizens from Yemen, but my administration didn’t executed it.” (This would be probably true.)
    Again, maximum damage to the US, and it will describe Obama as incompetent and the US government as anti-American. (And the Iranians would be proven right and the US gov would be a “laughing stock”.)

    Lets talk about Yemen. As you noted, Egypt’s goal is keeping the Suez canal open. The Iranians goal is stopping the killing in Yemen and stabilizing the situation there (and the Chinese have similar goals). So these 3 reached a consensus and will try stabilize the region and keeping open the Suez canal (China is using this route to), while the US and its allies trying blow up the ME and the rest of the world. Again, maximum damage to the US, while Putin is wondering about the sanity of the US gov.

    My 2 cents
    Oracle 911

  8. Allen Starr

    I don’t really want to get into an argument about whether Iran is a terrorist nation or not because the US, NATO, and the EU are all Terrorists when it comes to Ukraine. This is all about stealing Ukrainian assets and murdering its people to accomplish it’s goals. And it doesn’t take a genius to understand that if the US continues to push the Russians, they will be forced to nuke the US, NATO, and it’s allies. I was always a US patriot until 2008 when Georgia attacked South Ossetia. I was familiar with Georgia because of the pipeline that goes through the country with Azerbaijan oil and gas from the Caspian Sea. I got my eyes opened and was just stunned by the lying of the US, NATO, and EU that came out of that attack and still continues today. The lying has continued and gotten worse under the Obama Administration and Obamacare isn’t the only screwing the American people are getting. The Ayatollah calling Obama/Kerry liars is probably coming from someone who is tired of the BS. I’m sure Putin can relate to all of this as the US has broken every treaty it has ever signed. I came to the same conclusion that Bill Holder comes to and it gave me many sleepless nights for awhile until I finally got to the point of not caring. I live within a few miles of a Dam and an Air Force base here in Russia so I will be at ground zero when the nuks start flying. The US has been taken over by the Neo Cons and Bankers and they must have War. I am at the point in my life where I must trust Putin and would rather be nuked than live under the control of the US today. I have met ex KGB agents and they are some of the smartest people in Russia. I have met FSB agents and they are Professional and smart also and recruit from groups of the best in Russia and I’d trust them before I’d trust anything told by Kerry, Obama, or any of the other US liars today. I am just sickened by what the US has become and the realization that my country is dead and there’s no way to save it.

    • Mike M.

      Thanks for leaving. We will be fine thanks.

      Dont bet against the U.S. just because our leaders are terrible for now. Once the bond market goes the gig will be up and America will reform. The next generation will be ready to lead when we get the reins.

      Nobody is nuking anybody, lay off the fear porn.

      • Allen Starr

        Thank You. And enjoy what’s coming.
        It’s obvious you know nothing about what the lunatics in the US are doing in the Middle East , Ukraine, or many other countries over here. It’s serious and the rest of the world has had enough. It’s impossible to avoid war in Ukraine with the Kiev Govt. in power and the US doing everything it can do to start a war. I’ve already found a place where life is better and is much less of a Police state than the US is. You are totally ignorant as to what is going on and what is going to happen if something doesn’t change. The US started a financial war with QE and the rest of the world has responded to protect itself and this war is to the death. The US can’t win this war. I am lucky that I got screwed years ago and found another life in a foreign country. All my $’s are converted to rubles and invested at 19%. We bought apartments years ago fo