I'm a day late on this post, but it's because I'm on vacation.
Apparently, the Bush Administration is planning on labeling the Iranian Revolutionary Guard Corps as a Terrorist Unit. This would allow Washington to target the unit's financial resources and business units.
This is a sneaky move, but one that Congress granted the President with the vaguely worded USA PATRIOT Act. Fortunately, if you're the President, there is no way to define what is a "terrorist," leaving the administration the wiggle room to define it as they see fit ("I don't know what a terrorist is, but I know it when I see it").
This is not surprising from anyone who sees this administration as one that seeks to spread democracy around the world, akin to Trotsky's view on spreading Communism. The problem, as we've seen with Iraq, is that we cannot foist a system of government on a nation that is not ready for it. It's no different than the drug addict going through rehab - it won't work until the person is ready to change. All this act will do is create a little more hostility against the United States in a region of the world where we need as little added hostility as possible.