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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (124516)2/9/2004 11:53:32 AM
From: Maurice Winn  Read Replies (3) | Respond to of 281500
 
Hawk, it seems I was under a misunderstanding about Iraq. I didn't know the USA had such a low profile in the 1980s. I thought of Saddam as a 'client' state of the USA in opposition to Iran and as a major oil supplier.

Perhaps the USA supplies were paid for in oil so no debts resulted, whereas the French, Germans and Russians were thinking debt wasn't such a bad way of managing their sales, on the assumption that Iraq had lots of oil to sell and so would be able to easily pay.

They didn't think that they were supplying a criminal who had no right to commit Iraqis to repay those debts. Now those debts should be written off if they relate to Saddam's rule rather than private loans which should remain in force.

Mqurice



To: Hawkmoon who wrote (124516)12/17/2004 7:19:51 PM
From: Maurice Winn  Read Replies (1) | Respond to of 281500
 
How's it going Hawk? It's nice to see you back for Xmas. No,hang on, your post says "here in Baghdad". Meanwhile, I see the USA has finally decided that I was right that "Iraqi debt" was really "Saddam's debt" and they are writing off a decent chunk of money.

I'm sure you are doing a great job and I hope you are being well-paid for what you are achieving. Good for you. I'm happy that some of my taxes are going your way [much happier than with what happens to lots of my taxes in NZ funding useless criminal layabouts].

news.bbc.co.uk

<The US has written off all of its $4.1bn in Iraqi debt and urged other nations to follow suit.
...

Correspondents say the US has now gone further than other nations in the Paris Club of lenders, which last month agreed to cancel 80% of Iraq's debt.

...

"We urge other nations who are not Paris Club members to reach comparable agreements on Iraqi debt relief," he added.

Iraq owes about $40bn in debt and interest repayments to the 19-strong club of creditors, which includes the US, Russia, Japan and European nations.

But the country still owes over $80bn to countries outside the Paris Club and is now appealing to them to show similar forgiveness, the BBC's Rob Watson in Washington says. ..
>

Keep up the good work. But you really should have a NUN on your side too. 6 bn people behind you would be better than 150 million.

Thanks,

Mqurice