Article

2009-09-28 Syria-Lebanon-Iran

Iran state banks debts exceed $32 billion

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Posted by Fred 2009-09-28 00:00|| || Front Page|| [4 views ] Top
File under: Govt of Iran

#1 Alan Greenspan been advising Iran on the sly?

Posted by g(r)omgoru 2009-09-28 01:44|| 2009-09-28 01:44|| Front Page Top

#2 The top 12 ayatollahs control $6,000,000,000 in assets, all acquired since the "revolution" of 1979. Central banks are compelled to deliver ANY payroll or inventory loan demanded by the clerics. And there are no regulators to prevent price-fixing or monopolization. The pistaccio nut industry prices for ayatollah profit.

Posted by Elmaimp Bonaparte2883 2009-09-28 15:53|| 2009-09-28 15:53|| Front Page Top

#3 The IRGC actually controls a larger percentage of the Iranian economy than the clerics.

A lot of this debt can be attributed to government subsidies of gasoline and 'grants' to the poorer regions of Iran by the current government.

Posted by Pappy 2009-09-28 21:23|| 2009-09-28 21:23|| Front Page Top

#4 As in social payoffs to keep the citizens' whining to a dull roar as they roared ahead with their ill-afforded nuke program?

Posted by gorb 2009-09-28 21:25|| 2009-09-28 21:25|| Front Page Top

#5 Essentially. "Dinnerjacket" personally promised cash awards to various places either late last year or early this year, against the advice of the central bank.

Of course it's not just gasoline that's subsidized.

Posted by Pappy 2009-09-28 21:29|| 2009-09-28 21:29|| Front Page Top

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