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For those who feel the war on terrorism
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archives

Tuesday, August 12, 2003

Quick Thought: If I understand the situation correctly, the U.S. is going to pay for the "reconstruction" of Iraq with revenues from the oil fields. I don't know whether or not the costs of the occupation are included, but even without the costs of maintaining U.S. and British troops in Iraq, this is still going to be a _very_ expensive undertaking. My question is, what happens when Iraq gets its democratically-elected government, something that's been promised for sometime in 2004? Is this new govenment suddenly going to assume huge debts that it must repay to the U.S. for any "reconstruction" costs that have been incurred? The situation in Iraq is developing in such a way that there is little hope for Iraq's financial independence in the near future, and a looming possibility of a huge debt burden, payable to the United States (along with thanks to the U.S. for kindly bombing Iraq's infrastructure out of existence in the first place). Africa, anyone?

Andrew 10:18 AM : |

Links

News:
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Magazines:
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Bloggers we like:
Baseball on Blake Street
Non Tibi Spiro
Africapundit
blog.lukeclayton.net

Bloggers you already know:
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Daily Kos
Kevin Drum
Cursor

Andrew's Music:
Poser P

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