Ron Paul opposes new sanctions against Iran as 'act of war'

Washington - Ron Paul took the Senate floor on August 1 to oppose the latest round of sanctions against Iran, denouncing them as "an act of war." He said the bill to tighten sanctions would be better renamed as the "obsession with Iran Act 2012."

The Hill reported Ron Paul was just one of six lone members in the Senate opposed to the latest round of sanctions against Iran. Maintaining that Iran is "incapable of attacking us" Mr. Paul stated "sanctions on a country are an act of war" and the bill means the U.S. is "beating the war drums once again." The Senate vote on the bill came just one day after the Obama administration announced additional sanctions against Iran. As Digital Journal reported the new sanctions target Chinese and Iraqi banks, in addition to the Iranian oil sector. Press TV reported that during a meeting with US Defence Secretary Leon Panetta, Israeli Prime Minister Benjamin Netanyahu said U.S. led sanctions against Iran had failed to work and had not impacted Iran's nuclear program.