U.S. Says Iran Elite Profiting From Currency Plunge Triggered by Sanctions
The Obama administration is accusing the elite of Iran’s regime and the Islamic Revolutionary Guard Corps of profiting “on the back of the average Iranian” as the nation’s currency plunges under pressure from international sanctions.
Oligarchs profiting off the demise of their country (Gasp!)
From the New York Times:
Economic Downturn Took a Detour at Capitol Hill
Largely insulated from the country’s economic downturn since 2008, members of Congress — many of them among the “1 percenters” denounced by Occupy Wall Street protesters — have gotten much richer even as most of the country has become much poorer in the last six years, according to an analysis by The New York Times based on data from the Center for Responsive Politics, a nonprofit research group.
Pot meet kettle.