Posted by
Defend America on Thursday, June 10, 2010 2:14:12 PM
Expert: New Iran Sanctions Won't Work
Posted by
Mark Knoller Even as the White House trumpets the
U.N. vote imposing the toughest sanctions to date against Iran, a former U.S. official and expert on sanctions say they "almost never succeed."
In
a CBS News interview, economist C. Fred Bergsten says the chances the
new sanctions will get Iran to capitulate on its nuclear program are
"virtually zero."
"It's sad but true," said Bergsten,
a former Assistant Secretary of the Treasury in the Carter
Administration and currently director of the Peterson Institute for
International Economics.
His organization has made a comprehensive study of the use of sanctions to alter nations' behavior and he says they rarely do
http://www.cbsnews.com/8301-503544_162-20007310-503544.html