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June 21, 2009 In Iran, too: Follow the moneyThere is some old advice that if you want to know what is going on, follow the money. There isn't a lot that would qualify as legal evidence available in the news media, but there are hints here and there that money may indeed be playing a factor in the events unfolding in Iran. When the speculation arose as to why Khamenei was so quick to declare Ahmadinejad the victor, I recalled this from July 2007 by Amir Taheri about how Ahmadinejad was about to sell off Iran's "family jewels", key businesses that had been state owned.
In April, 2007, Taheri had also reported this in a story about Iran's labor unions.
Then there was this about Iran's Revolutionary Guards in the LA Times from around the same time.
It is unclear whether the asset sales planned in 2007 actually occurred or whether the Revolutionary Guards may have just taken over the management of the state owned enterprises and have been running them for their own private benefit instead of for the public good. This article from last year suggest the later may have happened. Whatever the situation, Ahmadinejad appears to have given the Revolutionary Guards unprecedented access to much of Iran's wealth. It appears that his 2005 campaign slogan, a Farsi version of Yes we can ("It's doable and we can do it." is the Wikipedia translation) had one meaning for the voters to expected genuine reform and another meaning all together for Ahmadinejad's political allies. The question I want to know today is which Iranians in the power structure are furiously transferring assets out of the country? Such activity or the existence of nest eggs sitting safely outside of the reach of a nation's judicial system is often an early indicator of how far hard-liners in tyrannical regimes will be willing to go to stay in power.
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