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Politics : Formerly About Advanced Micro Devices
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To: d[-_-]b who wrote (342193)7/5/2007 4:04:07 PM
From: bentway  Read Replies (1) of 1573862
 
"I'm talking about the profit motive theory"
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" Deputy Defense Secretary Paul Wolfowitz told the House Appropriations Committee March 27 reconstruction could largely be covered by proceeds from Iraqi oil and foreign donations.

"There's a lot of money to pay for this. It doesn't have to be U.S. taxpayer money. And it starts with the assets of the Iraqi people. They will now own those assets instead of a dictator that owns them, and they should spend them for their own welfare," Wolfowitz said. "We are dealing with a country that can really finance its own reconstruction and relatively soon."

Two weeks later White House budget director Mitch Daniels told a reporter, "There's just no reason that this can't be an affordable endeavor."

Andrew Natsios, the director of the U.S. Agency for International Development, put an even finer point on it April 23. He told ABC's Nightline "the American part of this will be $1.7 billion. We have no plans for any further-on funding for this." The remainder, Natsios said, would be paid with international contributions and from Iraq's oil wealth.

Those statements were made before the Bush administration had taken the full measure of exactly how bad the Iraqi infrastructure was -- functioning sewage served just 3 percent of the country, only 60 percent of the country had reliable electricity, and less than 40 percent had safe drinking water."
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