Iran cancelled the order in 1979. The arms, planes, etc. were contracted and breach of contract by Iran did not absolve our government from needing to pay the contractors for the arms. (A good portion of which had already been delivered, and others which were geared to Iran's specific requirements such as the destroyers made to their specifications.) Some of the arms were able to be sold elsewhere to offset Iran's debt to us. Some money we took out of what was being held for payment by Iran. Most the taxpayers ate. After the hostage crisis, Carter froze Iran's assets. Iran demanded all funds be returned AND all weapons ordered be sent as well. Carter secretly negotiated giving in to them. They received more of the weapons. After the hostages were released, Hezbollah took hostages (for Iran) which Iran guaranteed they could get released if they were given the rest of the arms. Reagan negotiated including unfreezing much of the assets and agreed to provide the arms but was stymied by international sanctions. So the Iran/Contra affair was initiated to get them the arms in a round about fashion. Much arms were delivered, and some of the hostages were released, before the news broke of the deal. Some of the hostages were killed, some disappeared, and Hezbollah took more hostages but from European countries.

Here is the law under which the arms contract was made,
************
"The Arms Export Control Act (22 U.S.C. 2762) permits
foreign governments to purchase Defense articles and services
provided that they agree to pay the full amount of all
contracts entered into on their behalf. Further, foreign
governments must agree to make funds available to meet progress
payments required by the contractor and to cover any
damages and costs arising from the cancellation of any contract
entered into for them. The law also requires that
foreign customer funds be available in advance of when such
payments, damages, and costs are due. The Department of Defense
standard contract for foreign military sales requires
foreign governments to deposit funds with the United States
90 days in advance of when such amounts are needed to make
payments. "
*************
Then Iran had the gall to claim WE owed THEM!

https://www.iranwatch.org/sites/default/files/gao-irancancelledarmssales-072579.pdf

Oh. The rest of the money in question was a personal $500 million loan made by Rockefeller to the Shah. When he died, our government froze his bank account with Chase Manhattan Bank. It still had more than half the loan money in the account.

As for the international court, who was the "we" who agreed to abide by their decision? Certainly not the American people. The law was clearly on our side per the signed contract. The international court was suppose to be unbiased, but ignored the contract, the details on what had already been deliverd, that some of the largest most expensive items were not simply things which could be put on a shelf for a future buyer, that much of the assets had been unfrozen, AND the duress in agreeing to certain demands due to hostage taking. They were political, not unbiased.

"$12 billion in Iranian assets held on our shores"

But about $6 billion of that was for arms already delivered! The rest was in accordance with the contract Iran had signed. Iran felt they shouldn't have to abide by a contract made by Shah Pahlavi, yet that we should give them back their money AND provide the arms contracted for which had yet to be delivered.

Obama had no authority to make such a deal for the US. Someone at some point in his presidency should have given him a copy of the US Constitution to read. According to the constitution, congress must approve and vote for any deals involving taxpayers money. Congress controls the purse strings Article I, Section 9, Clause 7, and Article I, Section 8, Clause 1. So the deal Obama made was unconstitutional.

"Two years later, the Iran deal is a success. The U.S. and the rest of the P5+1 advanced the cause of nonproliferation and greatly reduced the risk of war with Iran over its nuclear program, and Iran has been and continues to be in compliance with the terms of the deal."

When Iran can not only demand a three week advance notice, AND where and IF inspectors can inspect; how can anyone know whether they are in compliance? Here is a left wing media article regarding Iran's compliance with the treaty.
https://www.huffingtonpost.com/majid-rafizadeh/iran-breached-the-nuclear_b_9977768.html

No, that is not what I said... stop making my post match you wishes and dreams.. they are not even close..

pay attention and stay awake..

the finding of a court... do you see it as an order, an obligation, or an agree upon solution?? Stop twisting words to try and cover you own inability to understand the obvious..

If you look back at my posts, you will see the name, the date formed, the favorable decision that we were given and the full description of event covering the money..

with even a small effort you can very easily also find the full terms of both the cash turnover and the agreement on arms.. No problem finding this information..

As a reminder, who are those that maintain the agreement was working? All the other 6 countries in the agreement, the US State Department, the CIA, the full Intelligent community of the US and most of the orange fools
advisers...

So you're going with lie #1. An non-American court ruled that they could set American foreign policy and demanded that Obama funnel $Billions thru Iran to support terrorism. And in response Obama bent over, grabbed his ankles, and took it right up the Hershey Highway.

Well, I can't say that's any better than lie #2.

One problem with that lie is that if Obama really did think that international courts have supremacy over the Constitution and the powers the Constitution gives POTUS, then there was no reason to do it in secret. He could have informed everyone that terrorists were about to get a large cash infusion.

Oh... BTW... Did the foreign court make Obama risk American servicemen's lives by sending cash, or was that Obama's idea of "icing on the cake" for his Mullah/terrorist buddies?

My gosh dave, you seem so lost..

The American policy was decided when the nation in 1978 (?) agreed to have this body arbitrate the amount of money we owed Iran..

and as was clear in my post, we got a good deal in the amount of money...

You seem to think the INtl court was start up and then demanded the US obey...

No, that was not how it worked,, back in the 70s the US and Iran, maybe some others also, agreed to form the court/arbitration to settle the matter between the two nations..

If you do the math, President Obama was not in office when that was worked out..

so the outcome was very good for the US and only acceptable for Iran.. we won in the court/arbitration..

I know it is hard to work it out,, but think for a while, you will see the working mechanism..

perma, to post that picture of the worst deceiver ever to hold the post of President just goes to support the need for more mental institutions.
It along with your “laddie hiLIARy” may never go to jail where they belong but at least when they join jonny mcstains it will be forever.