Bloomberg has just released the full text of the memorandum of understanding between the United Stat

Bloomberg has just released the full text of the memorandum of understanding between the United States and Iran.

It is far worse than most people imagined.

In fact, it is even worse than the Obama deal.

It makes you wonder whether someone who wrote The Art of the Deal ever bothered to read it.

According to the memorandum published by Bloomberg, Iran gave only two things:

▪️ It agreed to keep the Strait of Hormuz open.
▪️ It issued a declaration - yes, only a declaration - that it will never produce nuclear weapons.

The United States, meanwhile, gave away everything else:

▪️ A commitment to remove all sanctions on Iran.
▪️ The lifting of the blockade.
▪️ The establishment of a $300 billion rehabilitation fund for Iran.
▪️ An end to the war in Lebanon, including commitments made on Israel’s behalf.
▪️ Immediate exemptions for Iranian oil exports.
▪️ The release of frozen funds.
▪️ Approval through the UN Security Council.

We all know the value of Iran’s declarations regarding nuclear weapons. In fact, the regime has been making the same public claim for years, so there is nothing new here.

In other words, Iran’s only tangible concession was reopening the Strait of Hormuz - effectively proving that its newest strategic weapon works remarkably well.

Reading this memorandum, one gets the impression that Iran drafted the agreement and simply handed it to the Americans for signature.

The United States surrendered completely.