The Wall Street Journal is reporting that “The Obama administration secretly organized an airlift of $400 million worth of cash to Iran that coincided with the January release of four Americans detained in Tehran, according to U.S. and European officials and congressional staff briefed on the operation afterward.
“Wooden pallets stacked with euros, Swiss francs, and other currencies were flown into Iran on an unmarked cargo plane, according to these officials. The U.S. procured the money from the central banks of the Netherlands and Switzerland, they said.”
Read related article: “Obama Secretly Paid $400 Million Dollar Ransom to Iranian Regime!“
There’s a scene from the AMC series Breaking Bad where a storage unit is opened and a large pallet of money is shown. Ill-gotten gains from the drug trade. It reminds me of Obama’s shady deal with Iran:
Is this where President Obama got the idea to send $400 million in untraceable cash to the Iranians? I can just see Hillary and President Obama looking over the $400 million in cash and saying, “Hillary, I’ve made it possible for you to do anything.”
If you or I attempted to move a large amount of cash out of the country, two things would happen. First, the cash would be confiscated, and second, we’d go to jail.
What President Obama did was illegal. “The $400 million was paid in foreign currency because any transaction with Iran in U.S. dollars is illegal under U.S. law.” He skirted this law by paying in foreign currencies. Again, if you or I did anything like this, we’d be serving time in prison. It’s a form of money laundering and structuring.
“Structuring, also known as smurfing in banking industry jargon, is the practice of executing financial transactions (such as the making of bank deposits) in a specific pattern calculated to avoid the creation of certain records and reports required by law, such as the United States’ Bank Secrecy Act (BSA) and Internal Revenue Code section 6050I (relating to the requirement to file Form 8300).”
But it’s OK if a Democrat President does it.
Moreover, if a Republican President had done this, it would be front page news everywhere.
Let’s see if the leftist news sources (1) report on the story, and if they do, (2) how will they spin it to absolve President Obama of any guilt.