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October 11, 2008 5:40:33 AM CDT



'People's Army' Dominates Iran's Economy

Posted Aug 26, 07 11:35 AM CDT in World 

(Newser) – Iran's Revolutionary Guard, which the White House is on the cusp of labeling a terrorist organization, is an economic and political behemoth. The well-connected force has ties to more than 100 companies, dominates the construction industry, is in charge of developing Teheran's subway system, and even runs hospitals. The LA Times takes a look.

The "people's army" is so rich that it can operate beyond political oversight, sparking fears that corruption is spreading through the ranks.The Guard was set up to keep the regular military in check, but its tentacles extend throughout the government, and the US is concerned that it's funding clandestine activities at home and abroad.

Source Los Angeles Times

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elements accused of developing nuclear weapons and fomenting violence in Iraq, Afghanistan and the Middle East.(AP Photo/Vahid Salemi)   (Associated Press)
Iranian Revolutionary Guards take part in a parade in Tehran, in this Friday Sept. 25, 1998 file photo, to mark the 18th anniversary of the outbreak of the war with Iraq. The U.S. move to blacklist Iran's...   (Associated Press)
Iran's elite Revolutionary Guards tests missiles during maneuvers in a central desert area of Iran, in this Thursday, Nov. 2, 2006 file photo. The U.S. move to blacklist Iran's Revolutionary Guard Corps...   (Associated Press)
A security man stands next to an anti-aircraft gun while an Iranian elite Revolutionary Guard solider stands in the foreground at Iran's nuclear enrichment facility in Natanz, 300 kms 186 (miles) south...   (Associated Press)
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