procrastinating and not enforcing some sanctions right away. what sanctions are left? >> i think right now they're trying to look at the various international players that are doing business with iran on oil and being financed through the iranian central bank, and what romney is referring to is essentially there should be penalties assign to these various trading partners, and the president maintained an exemption to exempt those out. and so they want to see -- >> let me stop you there. that was my understanding of it, too. let's talk about the people we are penalizing. governments and companies that we do business with? would suddenly people not be able to do business in china is that the issue? >> it's china. it's europe. it's a broad base of companies where we're doing business, too. and to give the white house credit, they're moving in that direction. they're trying to move it without disrupting global markets and disrupting oil. but the fact is the world still needs to some degree iranian oil. there's going to be a squeeze.