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Politics : Foreign Affairs Discussion Group
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To: Dayuhan who wrote (97853)5/10/2003 9:44:15 PM
From: Jacob Snyder  Read Replies (1) of 281500
 
<The government isn't about to distribute oil income as dividends.>

There actually was a proposal, briefly floated (and quickly sinking without a trace) to copy the Alaska Permanent Fund in Iraq. Collect all the oil money, send a check to every Iraqi family. Admin costs should be some small fraction of 1%. Make it so the plan can't be changed except by plebicite. Can't possibly happen, as every decision-maker thinks they know better how to spend the money.
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