Bremer to hear Iraqis on economy, but keeps say

NNN0LHI

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Mon Jul-14-03 01:23 PM
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Bremer to hear Iraqis on economy, but keeps say

http://www.alertnet.org/thenews/newsdesk/4754303.htm

BAGHDAD, July 14 (Reuters) - Iraq's U.S. administrator said on Monday he would "listen very carefully" to a new Iraqi Governing Council on foreign investment, but would keep broad control over the course of the country's economy.

The U.S.-led administration has said that Iraq, burdened with debts that could reach $120 billion and facing massive rebuilding costs, should consider privatising its state-owned sectors and allowing foreign investment in its oil industry before a permanent sovereign government takes over.

But asked who had the power to ink contracts and bring in foreign investment, Paul Bremer said the Coalition Provisional Authority (CPA) retained the ultimate say.

"The coalition made it very clear in its discussions yesterday with the Governing Council that we consider that the coalition has very broad authorities to determine the direction of the Iraqi economy," Bremer told reporters.

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Sagan

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Mon Jul-14-03 01:35 PM
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1. oh, boy.. that's a fucking shock...

Privatize, huh? That's a GREAT way to make sure that the Iraqi people get the benefit of their natural resources.

That's how it works here, right? Oh, it DOESN'T work that way here, does it?

They're looting Iraq as effectively as the Mongols did. At least the Mongols were honest about it.

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Neutrino

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Mon Jul-14-03 01:46 PM
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2. This whole "Iraqi Council" thing is a pacification trick--

letting the Iraqi's play "House". But it could backfire, since
the Iraqi Council has contacted the U.N. It appears that the
neocons do not understand the Iraqi culture and keep trying
to smear money and false promises where they will not be
received well when it is obvious that a grand manipulation
is in progress. oh well.

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shocked_and_awed

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Mon Jul-14-03 02:15 PM
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3. I love our new found faith in the Iraqi council

I love that we now have faith that the governing council has power, according to Bremer.
Sure would be a less transparent theft if our apparent confidence extended to issues of self government and rule by and for the people of Iraq, instead of only giving them the pen to sign away their contry's future to our president's friends as a prize for the success of the invasion.

It is nice that we think this council able enough to obligate away their finite natural resources to pay off the costs of the invading army, while finding them unfit to administer their own oil companies. Who shall calculate their worth?

Nice that we can launch what is ostensibly a humanitarian war called 'Iraqi Freedom', and enslave their country's only lifeblood to paying us off for the uninvited favor.

The church only takes ten percent and they have the key to your soul.

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KellyW

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Mon Jul-14-03 02:17 PM
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4. Its the Iraqi Quisling Council

Don’t forget !

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