Iraq is and will be a rich nation, underground reserves are estimated to be second highest in the world, so far in last fifty years of squandered opportunities and filthy regimes Iraqi wealth was utilized to build palaces and vain armies, post liberation and emergence of new Iraq as we move forward Iraq would need to grow up and pay for its rebuilding through its own resources.
The whole idea of rebuilding Iraq through 35 billion of US money does not add up with me, the Iraqis can pump 5-6 million barrels a day in 36 months, the entire financing can be obtained and there is no need to spend huge sums as blood money for liberation from Saddam.
With two rivers Euphrates and Tigris, the fertile land of Iraq combine agrarian economy with that of oil a rarity in the Middle East, they should cough up the cost and the reserves, it is extremely foolish of US neocons to pay for rebuilding, the previous loans should be renounced by the authority post invasion and a new era be constructed with people welfare and tolerant version of cohabitation. Nations who cannot grow up and live together cannot be helped by billions of US dollars, the Iraqis need to grow up and they need to do it fast. I doubt on the authenticity of the news vis a vis natural gas, Qatar is near by and the last think Iraqi needs is to be subsidized by US for its natural resource needs, 60 percent of Iraqi population like my own country lives under severe conditions in rural enclaves and they do not need natural gas, the rural population can get by with the more subtle approaches. Throwing money at Iraq is not the solution it is important that the youth of Iraq be employed and a new direction of affluence shown to them through a mature leadership; I trust ability of Mr. Bremmer, he will pull Iraq out from the brink, a moderate Iraq and a productive Iraq is the future I am sure of, much as it is considered a optimistic view but it will happen sooner than later. |
