[Congressional Record Volume 156, Number 59 (Monday, April 26, 2010)]
[Extensions of Remarks]
[Page E653]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




   MOTION TO INSTRUCT CONFEREES ON H.R. 2194, IRAN REFINED PETROLEUM 
                         SANCTIONS ACT OF 2009

                                 ______
                                 

                               speech of

                        HON. CAROLYN B. MALONEY

                              of new york

                    in the house of representatives

                        Thursday, April 22, 2010

  Mrs. MALONEY. Mr. Speaker, I missed rollcall vote 219, on the Motion 
to Instruct Conferees on Comprehensive Iran Sanctions, Accountability, 
and Divestment Act-- Had I been present, I would have voted ``aye.''
  Reports are clear that Iran is speeding forward toward developing the 
capability to manufacture and launch a nuclear weapon. A nuclear Iran 
will put the world's most deadly weapon into the hands of a nation that 
is actively supporting terrorism and is actively engaged in providing 
weapons and other support to terrorist organizations. Iran's leader, 
Mahmoud Ahmadinejad, has made no secret of his desire to destroy our 
ally Israel--he has promised to wipe Israel from the face of the earth. 
If Iran develops a nuclear bomb, it will have the ability to do in a 
matter of minutes what it took the Nazis six years to do.
  A nuclear Iran will destabilize the entire Middle East. If Iran has 
nuclear capability, every nation in the Middle East will rush to 
acquire the same capability. Although Israel has much to fear from 
Iran, there are many other countries in the region that have a long 
history of bad relations with Iran. And there is no love lost between 
Shi'ite Iran and its Sunni neighbors.
  I salute the young people who have risked their lives in Iran in the 
hopes of removing this madman from power. Their courage deserves our 
praise and our support. But a nuclear Iran will be a threat to every 
nation in the Middle East, regardless of who is in power; and there is 
no sign that a different Iranian leader would dismantle the nuclear 
program. Sanctions are our best hope to pressure Iran to relinquish its 
nuclear program.
  Tough sanctions have an impact. They have already discouraged 
companies from doing business in Iran, thereby reducing Iran's access 
to the goods it wants. Time Magazine reported that two of the world's 
largest insurance companies, Lloyd's and Munich Re, will no longer 
insure cargo going into or out of Iran. Major oil brokers are no longer 
willing to sell refined petroleum to Iran, a blow to a country that 
must import much of its oil. LUKOIL, Royal Dutch Shell, Total, BP and 
Malaysia's Petronas and other companies will no longer sell gasoline to 
Iran. Sanctions change corporate behavior--and if the corporations that 
do business in Iran are no longer willing to trade, it will have an 
immediate and direct effect on the quality of life in Iran.
  The Comprehensive Iran Sanctions, Accountability, and Divestment Act 
of 2009 is a good bill--a strong bill. It's time to go to conference 
and move forward with implementing strong sanctions that can make a 
difference. The only nation that benefits from delay is Iran. Time is 
on its side--with more time, it can realize its nuclear ambitions. We 
can change the equation by moving this bill forward now. Accordingly, I 
strongly encourage my colleagues to support this motion.

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