The Corner

Will Bush or Obama & Biden Bail Out Iran Too?

The most recent strikes in the Tehran and Isfahan bazaars made international headlines. Amidst the steep decline in world oil prices and economic mismanagement, the Iranian economic is teetering on the brink.

President Bush, Secretary of State Rice, Senators Obama and Biden: Is now really the time to bail out a failing economy bent not only on nuclear weapons capability, but also in building themselves as a symbol of defiance of all Western liberal democracy stands for?

My take on the specifics of Iran’s economic crisis, here.

Michael Rubin is a resident scholar at the American Enterprise Institute, senior lecturer at the Naval Postgraduate School’s Center for Civil-Military Relations, and a senior editor of the Middle East Quarterly.

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