"A House panel on Wednesday unanimously approved harsher penalties against Iran, arguing that an economically weak Tehran will struggle in its pursuit of nuclear weapons. By voice vote, Republicans and Democrats on the House Foreign Affairs Committee pushed forward two bills that would strengthen current sanctions while expanding the list of companies and individuals subject to penalties.
Lawmakers cited recent allegations of an Iranian plot to assassinate the Saudi ambassador to the United States and insisted that such brazen behavior demands consequences... The latest legislation 'is designed to clamp new and tougher sanctions on Iran's energy sector, threatening the regime's existence if it refuses to halt its nuclear weapons program,' said Rep. Ileana Ros-Lehtinen, R-Fla., the committee chairwoman. She called Iran's energy sector the country's Achilles heel...
Among the new provisions, the House bills would restrict foreign subsidiaries of U.S. companies from doing business with Iran, include bartering among activities that could be sanctioned and prohibits Americans from conducting commercial or financial transactions with the Revolutionary Guard... The committee, by voice vote, adopted an amendment by the panel's top Democrat, Rep. Howard Berman of California, that would require the president to determine within 30 days whether Iran's central bank is supporting the country's chemical, biological or nuclear weapons or missile programs, financing the purchase of advanced convention weapons, underwriting the Revolutionary Guard or aiding Iran's support for international terrorism.
If the president makes such a determination, the administration would be required to impose penalties that would bar any foreign bank doing significant business with the central bank from U.S. economic activities." http://t.uani.com/w0LPBW
BUT OBAMA, IN HIS USUAL PROTECT ISLAM AND IRAN FASHION, HAS REFUSED TO APPROVE SANCTIONS ON THE ISLAMIC CENTRAL BANK - DESPITE TOP U.S. MILITARY NOW SAYING IRAN IS A GREATER TERRORIST THREAT THAN AL QAEDA!
AND THEIR CENTRAL BANK OVERSEES ALL THEIR PROJECTS!