07/23/2015; Nuke Deal, ICBM’s, Heartbreaking Circumstance, China, Greece, Signatories, Whaa?

AUTHOR: TOWNE SCHERER.COM 07/23/2015: Towne Scherer Private Wealth Management BLOG:  The United States and world powers have reached an accord with Iran significantly limiting Tehran’s ability to develop nuclear weapons, according to an article in the New York Times.  However, Fox News calls the agreement historically dangerous and destabilizing to the Middle East by legitimizing the nuclear program of a radical Islamist state and a state-sponsor of terror.  Fox News went on to point out that the agreement will lift embargoes on conventional arms and ballistic missiles giving Iran the power to strike Europe and the United States with nuclear weapons.  According to USA Today, President Obama touts U.N. support for the Iran deal, saying, “This is by far our strongest approach to insuring that Iran does not get a nuclear weapon.”  Whaa?  Domestic terrorism is in the news, again, according to The Washington Post, where a lone gunman opened fire at a naval facility and an armed forces recruiting center, killing four marines. A CNN article identified the shooter as Mohammod Youssuf Abdulazeez, pointing out that the shooter had recently visited Jordan and Kuwait in 2010.  CNN also stated that a White House tweet referred to the shootings as a “heartbreaking circumstance,” rather than a “terrorist attack.”  On the money side, the markets have been trending down this week, with mixed earnings be being named as the main culprit in a report by CNBC.  Further, according to REUTERS, many U.S. consumer companies are brushing aside worries that China’s sputtering stock market will dramatically damage their bottom lines even with early trouble signs in recent earnings reports.   And, adding to this pile, The Sydney Morning Herald has put out a recent positive story on the Greek exit from the Euro, stating, “Five reasons a Greek default isn’t too big a deal.” Whaa? Last, and, back to our initial story, it was revealed today from Business Insider  that acording to Annex III of the Nuke agreement with Iran, “the agreement's section on "civil nuclear cooperation," the signatories commit to "co-operation through training and workshops to strengthen Iran’s ability to protect against, and respond to nuclear security threats, including sabotage, as well as to enable effective and sustainable nuclear security and physical protection  systems.”  Isn’t the U.S. a signatory?  A final, Whaa?