Word: carterized
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Dates: during 1970-1979
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Even if the Carter Administration could find ways of making sanctions against Iran stick, they would have little effect over the short run. Concludes Harald Malmgren, a respected international economist and consultant in Washington: "The U.S. near term leverage is simply less than it appears. No matter what the U.S. does economically, Iran can make this thing drag on for many more months to come...
...Tokyo has allowed Japanese banks to "go overboard" in helping Iran circumvent the financial problems caused by the assets freeze. In addition, he said, some Japanese trading companies have rushed "with unseemly haste" to buy 21 million bbl. of Iranian oil that had been destined for the U.S. before Carter halted oil imports from Iran last month. The Japanese firms paid exorbitant sums for the oil, up to $45 per bbl., about twice the average OPEC price. Complained another Administration official: "They never quibbled about price, and when Iran said it would no longer take dollars in payment...
...raised hopes that the hostage situation might now be resolved. Earlier in the week, that seemed a remote possibility. The Shah's health had taken a turn for the worse. Aides reported to Washington that he had been sick to his stomach and was running a fever. At Carter's request, Drs. Benjamin Kean and Hibbard Williams, who had treated the Shah in New York City, flew to Lackland to examine him. They prescribed undisclosed therapy for his enlarged spleen but concluded there was no medical problem that would prevent his traveling to Panama...
...Jimmy Carter, who only a few months ago was acting the Gulliver bound by the Lilliputians from Congress, has in the past few weeks impressed the world with a few nods, a spoken O.K. or two and some marginal notes scribbled on his option papers. Suddenly the pitiful giant is up and around...
...many reasons Jimmy Carter was viewed as a passive President and U.S. influence wilted as he plodded along a fairly peaceful course with nothing much to offer but homilies. Carter himself was one of those who judged that the U.S. President did not have the old-style clout. Then came the October weekend when he decided to let the Shah of Iran come to the U.S. for medical treatment. He had little notion that he was about to enter the world of short-term discretionary power...