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This One Goes To Eleven

For diplomacy to work, we need to dial up [bold mine-DL] our political and economic pressure – not just our tough talk. ~Barack Obama

How do “we” dial up economic pressure beyond the current sanctions regime?  Turn the dial to eleven?  The old Clinton-era caviar export exceptions are, as far as I know, a thing of the past.  His option is divestment, which is a misguided effort. The Europeans might stop doing business with the Iranians–some have made gestures in this direction–but ultimately that just opens up that many more opportunities for the Chinese and Russians to bolster their influence and tie Iran that much more closely to themselves.  Western divestment from companies that do business in Iran would have the same effect–the Iranian market isn’t going anywhere, and other investors will take the place of everyone who divests.  Put this down as yet another Obama proposal in which he tries to be more belligerent than the administration (which he attacks here for its weakness and passivity!) and one where he demonstrates that his foreign policy qualifications really are just as non-existent as you would think they are.

about the author

Daniel Larison is a senior editor at TAC, where he also keeps a solo blog. He has been published in the New York Times Book Review, Dallas Morning News, World Politics Review, Politico Magazine, Orthodox Life, Front Porch Republic, The American Scene, and Culture11, and was a columnist for The Week. He holds a PhD in history from the University of Chicago, and resides in Lancaster, PA. Follow him on Twitter.

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