| Topic: |
Politics > Politics-USA |
| User: |
"Tom Jefferson" |
| Date: |
11 Oct 2003 02:37:08 PM |
| Object: |
No money, no play: US on the brink in Iraq |
No money, no play: US on the brink in Iraq
By Herbert Docena
BANGKOK - This coming October 23 to 24, the United States will be sitting
down with rich creditor countries, the International Monetary Fund (IMF) and
the World Bank (WB) during an international donors' conference on Iraq in
Madrid. The IMF, the World Bank and the UN have estimated that Iraq will
need US$36 billion for reconstruction within the next four years, in
addition to $19 billion for other nonmilitary needs calculated by the
American occupation regime. [1] With few options left, the US will be
passing the hat.
This meeting could be a turning point in the occupation because whether the
hat goes back to the US full or not will determine whether the US can afford
to stay. The decision of donor countries to cough up cash will depend, in
turn, on whether this continues to be a unilateral or multilateral economic
takeover of an occupied country.
[cont.]
http://www.atimes.com/atimes/Middle_East/EJ10Ak01.html
--
"From the brief time that we did spend occupying Iraqi territory after the
war, I am certain that had we taken all of Iraq, we would have been like the
dinosaur in the tar pit – we would still be there, and we, not the United
Nations, would be bearing the costs of the occupation. This is a burden I am
sure the beleaguered American taxpayer would not have been happy to take
on."
– Norman Schwarzkopf, from his 1993 autobiography, "It Doesn't Take a Hero."
.
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| User: "John" |
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| Title: Re: No money, no play: US on the brink in Iraq |
11 Oct 2003 03:16:04 PM |
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"Tom Jefferson" <tom@returndemocracy.now> wrote in message
news:3f885c0b$0$26337$a32e20b9@news.nntpservers.com...
No money, no play: US on the brink in Iraq
By Herbert Docena
BANGKOK - This coming October 23 to 24, the United States will be sitting
down with rich creditor countries, the International Monetary Fund (IMF)
and
the World Bank (WB) during an international donors' conference on Iraq in
Madrid. The IMF, the World Bank and the UN have estimated that Iraq will
need US$36 billion for reconstruction within the next four years, in
addition to $19 billion for other nonmilitary needs calculated by the
American occupation regime. [1] With few options left, the US will be
passing the hat.
This meeting could be a turning point in the occupation because whether
the
hat goes back to the US full or not will determine whether the US can
afford
to stay. The decision of donor countries to cough up cash will depend, in
turn, on whether this continues to be a unilateral or multilateral
economic
takeover of an occupied country.
They will cough up, because without the large US support there really is no
IMF.
Besides, no sane western gov really wants the US to simply walk out in
Iraq - they just want their own goodies they lost when their pal Saddam got
ousted (primarily Russia, France and Germany). The US will eventually reach
an accomodation with the UN, but NOT before they get the situation more
stabilized and make sure Saddam's thugs can't regain control.
John
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