
The Iranian government
hand counted tens of millions of presidential election ballots in a couple of hours; less time than we count ours by computer --
an Ayatollahs' miracle for sure! These results indicated that
Mahmoud Ahmadinejad was able to garner two-thirds of the vote. Given the Ayatollahs miracle, the public viewed this result as anything but.
Protesters expressing their extreme objection to the election results then created
a miracle of their own when up to one million marchers hit the streets forming a 5 to 6 mile parade of discontent, claims of fraud, and in some cases calling the government a dictatorship.
Meanwhile
Ahmadinejad who made references to disgruntled fans after a football game in slighting the protesters, hung around for a couple of days before appearing a day late for a conference in Moscow. He missed some of the key events but he did get a chance to mention how bad the US economy was doing, neglecting to mention that Iran's economy is showing signs of falling off a cliff. If he remains president that is a real possibility.
Meanwhile the pragmatist in me knows that the greatest miracle of all would be a recanting of the election results and the president stepping down. The Ayatollahs have asked for an investigation of the election results to appease the fuming population.
The results of this investigation being conducted by the same folks that created the fraud in the first place are easier to determine than any of my stock picks. Look for the results of the investigation to acknowledge that the vote count was off by some meaningless percentage, not affecting the outcome and leaving the results as they stand.
The Ayatollahs are all for democracy as long as they get to choose who wins. Perhaps in the future they will simply default to the patterns of authoritarian rulers before them -- massive election rhetoric, with only one candidate on the ballot.
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Iran's great potential and its challenges!Iran will waste four more yearsSheldon Liber is the CEO of a small private investment company and the principal for design and research at an architecture & planning firm. He writes the columns Chasing Value and Serious Money.