Written by Ron Paul - These past two weeks the weakness in the US “maximum pressure” policy toward Iran has been exposed for the world to see. First, Pompeo spent the summer lobbying European nations to support a US motion in the UN Security Council to extend an arms embargo against Iran. As Iran has been judged in compliance with the Iran deal, the arms embargo is scheduled to be lifted in October. Pompeo’s diplomatic skills did not produce the desired results: not a single party to the Iran nuclear deal voted with the US to extend the embargo. Undeterred, the Trump Administration is now determined to trigger the “snap-back” sanctions on Iran, which means if Iran is judged to be in violation of the Iran nuclear agreement all the previous sanctions would snap back into place. But there’s a problem with this: because the US has formally withdrawn from the Iran agreement it has no legal standing to trigger the “snap-back” of UN sanctions on Iran. If you take your marbles and go home, you don’t get to still dictate the rules of the game. Last week Pompeo attempted to trigger the “snap-back” and was laughed out of the room by the countries who have remained in the deal. ( continued ) http://ronpaulinstitute.org/archives/featured-articles/2020/august/24/pompeo-s-iran-failures-make-war-more-likely/ http://www.ronpaullibertyreport.com/archives/pompeos-iran-failures-make-war-more-likely Copyright © 2020 by RonPaul Institute. Permission to reprint in whole or in part is gladly granted, provided full credit and a live link are given. Please donate to the Ron Paul Institute

The usual "debt ceiling" theatrics have reappeared. We're again greeted with the propaganda that if the most indebted government in the history of the world doesn't continue to go deeper into debt, the world would grind to a halt. But economic "crisis," which is really a painful return to economic reality, is inevitable. The real "crisis" is continuing to dig a deeper hole. So it's certainly time to think about getting one's own person financial house in order. http://www.ronpaullibertyreport.com/archives/default-hysteria-no-time-to-panic-time-to-plan http://ronpaulinstitute.org/