IRAN DEADLINE – AT 11:04 A.M. ET:  This is the last day of negotiations with Iran under the current program.  The deadline for a deal is tomorrow.   There is apparently no deal to be had.  From Reuters: 

VIENNA - Iran, the United States and other world powers are all but certain to miss Monday's deadline for negotiations to resolve a 12-year stand-off over Tehran's atomic ambitions, forcing them to seek an extension, sources say.

The talks in Vienna could lead to a transformation of the Middle East, open the door to ending economic sanctions on Iran and start to bring a nation of 76 million people in from the cold after decades of hostility with the West.

But sources confirmed on Sunday what officials close to the talks have been predicting privately for weeks: that a final deal is still too far off to hammer out by the deadline.

"Considering the short time left until the deadline and number of issues that needed to be discussed and resolved, it is impossible to reach a final and comprehensive deal by Nov. 24," Iran's ISNA news agency quoted an unidentified member of the country's negotiating team in Vienna as saying.

"The issue of extension of the talks is an option on the table and we will start discussing it if no deal is reached by Sunday night," the official said.

A European official who spoke to reporters on condition of anonymity said: "To reach a comprehensive deal seems physically impossible. Even if we were to get a political agreement the technical annexes are not ready."

A European source said on Saturday there was no decision yet on extending the talks: "It's the ministers' decision, but talks on an extension could begin Sunday or Monday," he said, adding that a rollover could run for several months.

COMMENT:  This simply gives Iran more time to work on its nuclear program.  The Iranians are milking us.  They're clearly going for a two-fer – a long negotiation followed by a favorable deal.  They may get it.  Obama wants a deal to seal his "legacy." 

November 23, 2014