Ben Shapiro

But it's worse than that because according to the text, and again, if the administration wishes to rebut the text, they can just release a wildly different version that would quiet all the concerns.

But it is totally inappropriate to tell the American people that their concerns are nonsense while not releasing the text and then say that even when the text is released, you can't take it seriously.

That is nonsensical.

Okay, so...

On funding, there are basically two issues.

One is sanctions, waivers, and frozen assets.

According to provision 13, quote, following the signing of this memorandum of understanding and upon receipt of assurances regarding the commencement of implementation of articles 4, 5, 10, and 11 of this memo of understanding and the continued implementation of these steps, the Islamic Republic of Iran and the United States will enter into negotiations for a final agreement.

So basically, immediately following the signing of the memorandum,

There is a requirement that the United States lift the blockade that is immediate, that Iranian shipping be restored to pre-war volume that's immediate.

That means $3 billion a month floating into Iran.

And further, that the United States, according to provision 10, undertakes that immediately after the signing of this memorandum of understanding, until the date of the lifting of sanctions, the United States Treasury Department will issue waivers for exports of Iranian crude oil, petrochemical products and their derivatives, and all related services, including banking, insurance, transportation, and the like.

To understand how bad that is, by the way, that is not just that we unlock them shipping oil in and out.

They could ship oil in and out before the war, but we had sanctions on companies that did business.

They'd use a ghost fleet.

This would remove all of that.

It would put them in a better position than they were before the war with regard to their shipping of oil.

Beyond that, if you dismantle related services like banking, insurance, transportation, and the like, you are cracking a system that took years to build in terms of sanctions.

Furthermore, under provision 11 of this agreement, the United States undertakes that in light of the progress of negotiations toward a final agreement, frozen or restricted funds and assets of the Islamic Republic of Iran will be released and made fully available.

Hey, do you understand that sentence?

In light of the progress of negotiations, in light of it, meaning it's already happened, there's been progress in negotiations.