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Politics : Foreign Affairs Discussion Group

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To: greenspirit who wrote (99166)	5/26/2003 7:04:12 PM
From: Lou Weed	Read Replies (1) of 281500

<<Please explain how a nation which was crippled financially was able to build dozens and dozens of palaces worth billions of dollars?>> Oh lord.....ok here's the answer Michael. There's these forms of govt. and they're called autonomies or sometimes referred to as dictatorships. This means that the big Kahuna (dictator) can do whatever he wants with the wealth of the nation (whether ill-gotten or legitimate) that is under his control. In the case of Saddam he happened to have a fondness for lavish palaces while his country's debt grew and his people starved. csmonitor.com "Iraq's international debts are the largest of any developing nation - by one economist's reckoning, $387 billion." I would consider Iraq a nation that is financially crippled!

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