Teaching Comparative Government and Politics

Friday, August 27, 2010

Veto over banking

If anyone needed more evidence of the growing power of Iran's Revolutionary Guard, here's some. Somedays it seems that the de facto regime in Iran is more and more like China's. The difference is that in Iran, the power is in the military, while in China power is held by the Communist Party.

Iran's Rev. Guard granted more economic powers
Iran's Supreme National Security Council has granted the country’s Revolutionary Guards more powers to expand and maintain its control of the economy…

The Supreme National Security Council (SNSC), headed by Iranian President Mahmoud Ahmadinejad, issued a resolution stipulating the appointment of a representative of the Army of the Guardians of the Islamic Revolution, commonly known as the Revolutionary Guard, in the Board of Directors of Iran's Central Bank, reliable government sources told Al Arabiya.

According to the resolution, no decisions can be taken at the bank without the approval of the Revolutionary Guards representative…

The second SNSC decision stipulates the appointment of a Revolutionary Guard member… in the Association for Decision Reviewing and Organization, a monitoring body affiliated to the Telecommunication Company of Iran and located at the Ministry of Telecommunications and Information Technology.

These decisions came in the aftermath of the tightening sanctions on Iran and despite warnings from financial experts and opposition leaders of the consequences of the Revolutionary Guard's hegemony in the country's political, financial, and security sectors.

The decisions also coincide with harsh criticism by leading reformist and presidential candidate Mehdi Karroubi…

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