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[Huffington Post] Rachel Ehrenfeld - Iran plans to sell 50% of its telecommunication company, Iran Telecom, to private investors on Sept. 9, and to privatize some 230 companies in the coming year. But Ahmadinejad's privatization is no laissez-faire style capitalism. If the past is an indication, Iran's latest privatization sham is designed to consolidate the Islamic Revolutionary Guard Corps' power over Iran's state-controlled economy. The IRGC controls all strategic industries. What it does not control on behalf of the state is owned directly by the state. In previous "privatizations," the shares were sold to companies that were minimally veiled fronts for the IRGC. It is time for the U.S. to follow the money trail and to accurately identify all Iranian-linked businesses and organizations as assets of the Iranian state. The U.S., preferably with some allies, should then stop the money flow that allows Iran to develop its nuclear weapons and arm itself and its many subversive terrorist organizations the world over. The writer is director of the American Center for Democracy. 2009-09-04 08:00:00Full Article
Ahmadinejad - the Economic Reformer
[Huffington Post] Rachel Ehrenfeld - Iran plans to sell 50% of its telecommunication company, Iran Telecom, to private investors on Sept. 9, and to privatize some 230 companies in the coming year. But Ahmadinejad's privatization is no laissez-faire style capitalism. If the past is an indication, Iran's latest privatization sham is designed to consolidate the Islamic Revolutionary Guard Corps' power over Iran's state-controlled economy. The IRGC controls all strategic industries. What it does not control on behalf of the state is owned directly by the state. In previous "privatizations," the shares were sold to companies that were minimally veiled fronts for the IRGC. It is time for the U.S. to follow the money trail and to accurately identify all Iranian-linked businesses and organizations as assets of the Iranian state. The U.S., preferably with some allies, should then stop the money flow that allows Iran to develop its nuclear weapons and arm itself and its many subversive terrorist organizations the world over. The writer is director of the American Center for Democracy. 2009-09-04 08:00:00Full Article
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