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8 March 2010
By Jacob G. Hornberger Even while employing sanctions against Iran, the
U.S. government is confirming that sanctions do not
work. The Chinese government has threatened to impose
sanctions on the United States if the U.S. government
persists in its decision to sell weapons, including
F-16s, to Taiwan. According to the New York Times,
the threat was issued by a top Chinese military
official, who did not specify what the sanctions would
be. However, a possibility would be the wholesale
dumping of U.S. government securities onto the
international financial markets. Those instruments
represent the enormous amounts of money that China has
loaned the U.S. government to fund its enterprises in
Iraq and Afghanistan. Notwithstanding the U.S. government’s steadfast
insistence that its sanctions will induce Iranian
government officials to submit to U.S. demands
regarding its nuclear program, the U.S. government is
steadfastly refusing to succumb to China’s threat to
impose sanctions on the United States. Wouldn’t you think that U.S. officials would want
to use this opportunity to show the world that
sanctions really do work? Imagine: U.S. officials
could announce, “Given China’s threat to impose
sanctions on our country, we have decided to not go
forward with our plans to sell weaponry to Taiwan.”
What better way to show that sanctions work than that?
But we all know that that isn’t going to happen.
U.S. government officials are a proud bunch. They’re
not about to let Chinese government officials push
them around. But what about China’s ability to dump all those
U.S. debt instruments onto the market. Surely U.S.
officials realize that such an action could cause
untold monetary havoc for the U.S. dollar and, thus,
severely threaten the financial well-being of the
American people. It doesn’t matter. U.S. officials would never bow
to the demands of China’s government, no matter how
high the cost to the American citizenry. But the obvious questions arise? Why wouldn’t
Iranian officials be expected to react in the same
way? Why would anyone expect them to succumb to
demands of U.S. officials? Aren’t they just as proud
as U.S. government officials are? Wouldn’t they be
just as willing to sacrifice the well-being of their
citizenry as U.S. officials are? The fact is that the citizenry of any country are
viewed simply as pawns by both their own government
and the foreign government that is imposing the
sanctions. For example, as I pointed out here, the U.S.
sanctions against Iran have caused several plane
crashes, killing hundreds of Iraqi citizens. Yet, that
hasn’t persuaded the U.S. government to lift the
sanctions, just as it hasn’t induced the Iranian
government to bow to U.S. demands. The Iranian
citizenry are considered expendable by both
governments. Or consider the brutal embargo that the U.S.
government has enforced against Cuba for decades. It
has produced untold economic harm to the Cuban people.
U.S. officials couldn’t care less. They steadfastly
maintain that one of these days the embargo will
finally succeed in persuading Fidel Castro (and his
brother) to give up power and permit a U.S.-approved
ruler to be substituted in his stead. Not
surprisingly, the Castro brothers have reacted to the
decades-long U.S. embargo in the same way that the
U.S. government is responding to China’s threat to
impose sanctions on the United States — by refusing to
succumb to U.S. demands no matter how much the Cuban
people must suffer as a consequence. With its refusal to bow to China’s threat of
sanctions, the U.S. government is confirming that
sanctions simply don’t work. Given the great harm the
U.S. government has inflicted on foreign citizens with
its own sanctions, it’s time for U.S. officials to
lift their sanctions against Iran, Cuba, and everyone
else. Jacob Hornberger is founder and president of The
Future of Freedom Foundation. |