and the Iranian supreme leader has always been more powerful that the Iranian president.
I am exited about the Iranian election, the last intrade contract which will pay $1 if Ahmedinijad wins, traded at 20 cents.
Now I am not a betting person. However, the Iranian presidential campaign has already achieved a miracle -- Elliot Abrams just wrote the truth
Iran doesn’t hold elections for supreme leader — Ayatollah Ali Khameini will hold that post for the indefinite future — and the failed presidency of Mohammad Khatami from 1997 to 2005 reminds us that the power of a putative reformist is illusory.
All via Mark Kleiman who notes how proud big brother would be of Elliot's doubleplusgood blackwhite but chose a boring title for his post.
http://delong.typepad.com/sdj/2009/06/small-interest-rate-increases-are-good-news-not-bad-news-washington-post-crashed-and-burned-and-smoking-watch.html
ReplyDeleteJune 12, 2009
(Small) Interest Rate Increases Are Good News, Not Bad News (Washington Post Crashed-and-Burned-and-Smoking Watch)
The Berkeley academic's, supposed liberal's, reign of terror continues. Beyond all self-control, the need is to destroy another paper. Not to criticize, but to destroy.