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Politics : PRESIDENT GEORGE W. BUSH

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To: calgal who wrote (481358)10/25/2003 2:12:27 PM
From: CYBERKEN   of 769670
 
<<France, Germany and Russia bringing no new aid.>>

They will get a second chance in the pending round of Iraqi debt "restructuring". Their latest abandonment of civilization has made total repudiation a central alternative. Iraq, in the end, won't repudiate, such decisions being more about future than past financings. But France, Germany and Russia, facing a new Iraqi government which is both elected and recognized around the world, will lose additional tens of billions in the eventual restructuring, because they have repudiated the Iraqis at this key point in their history. As they have all through 2003, they have cut off their noses to spite their faces...
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