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1-7-2007 1:52 PM398 views
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jatfla says:
For those of the Right-wing, Conservative political persuasion....She makes a lot of sense.
18 Comments   | Add a Comment
1-7-2007 7:04 PM
debbyski
Now, unnoticed by most amid the furore over civil war in Iraq and the
hanging of Saddam Hussein, the new oil law has quietly been going
through several drafts, and is now on the point of being presented to
the cabinet and then the parliament in Baghdad. Its provisions are a
radical departure from the norm for developing countries: under a
system known as "production-sharing agreements", or PSAs, oil majors
such as BP and Shell in Britain, and Exxon and Chevron in the US, would
be able to sign deals of up to 30 years to extract Iraq's oil.
1-7-2007 11:55 PM
jatfla
Wow! Was that in the article?? :~)

Looks like Iraqis have an opportunity to make some BIG bucks from their associations with the West! That should help their economy, right?
1-8-2007 11:21 AM
debbyski
Good one Jatfla
1-8-2007 12:50 PM
dorine
That was my first thought. Now the Iraqis can make a profit off of their own oil. And here the West is being accused of "stealing" their oil.
1-8-2007 12:56 PM
jklugman
From the Independent:

Supporters say the provision allowing oil companies to take up to 75 per cent of the profits will last until they have recouped initial drilling costs. After that, they would collect about 20 per cent of all profits, according to industry sources in Iraq. But that is twice the industry average for such deals.

Greg Muttitt, a researcher for Platform, a human rights and environmental group which monitors the oil industry, said Iraq was being asked to pay an enormous price over the next 30 years for its present instability. "They would lose out massively," he said, "because they don't ha...
1-8-2007 12:57 PM
UpStateMike
The people of Iraq will certainly see more money from this deal if it goes through than they did with the money that Saddam kept from all of his sales while he was in control. Maybe instead of making ANOTHER palace for his pet iguana the people will get food, medicine, jobs and running water.
1-8-2007 12:58 PM
jklugman
Maybe instead of making ANOTHER palace for his pet iguana the people will get food, medicine, jobs and running water.
Actually, Iraq already had those things before the US invaded.
1-8-2007 1:00 PM
UpStateMike
So when the US came along they ripped all the plumbing out of the houses?
1-8-2007 1:08 PM
jklugman
No, they bombed the shit out of it, mucked up reconstruction, and a well-functioning government has yet to take place in that country.
1-8-2007 1:15 PM
n2sooners
And the Saddam utopia myths continue to be spread, even in this very thread.
1-8-2007 1:20 PM
jklugman
Who said anything about a utopia? All I am saying is that Iraq was pretty well developed up to our invasion, and that Iraqis had food, medicine, jobs, and running water. If you consider that a utopia, that's setting the bar pretty low.
1-8-2007 1:25 PM
n2sooners
That is another myth. The infrastructure in Iraq before the invasion was archaic at best. Many of the setbacks are because much of it had to be built from the ground up, not because of damage, but because it was too old to be worth repair. They have much better water, sewage, and electrical systems than they had before. And most of the setbacks are from damage caused by terrorists, not the US. Of course, I know that blaming terrorists doesn't play well with you and the blame America first crowd.
1-8-2007 1:33 PM
UpStateMike
But, n2sooners, that's what the pamphlets at the last Bush-haters rally said. It's got to be true! LOL
1-8-2007 2:07 PM
debbyski
Oh yeah Josh,
Everything is just peachy, you Bush-hating, myth spreading propagandist.
1-8-2007 2:27 PM
jklugman
n2sooners said:

They have much better water, sewage, and electrical systems than they had before.
Some figures:

Electricity capacity in Iraq (in megawatts) prior to invasion (March 2003): 4,500
Electricity capacity in Iraq (in megawatts) in July 2006: 4,200

Approximate amount U.S. taxpayers have invested in Iraq’s electricity sector: $5 billion

Percent of Iraqis who had access to sewer service prior to invasion: 24
Percent of Iraqis who had access to sewer service in February 2006: 20

Number of Iraqis who had access to potable water before invasion: 13 million...
1-8-2007 2:58 PM
n2sooners
Mr. Popps said it is first important to understand what the rebuilding
team inherited. U.S. intelligence knew little about the actual state of
Iraq's energy infrastructure and social service network. When the Army
Corps of Engineers got on the ground, there was shock:
• The three regional sewage treatments plants in greater
Baghdad did not work; raw waste poured into the Tigris River and
downstream through villages. Sadr City, the impoverished Shi'ite slum
repressed by the ruling Sunni Ba'ath Party, lacked any sewage system.
"Some slam the Americans because there is sewage in Sadr City," said an
incredulous Mr. Popps. "Please."
• Few towns had a c...
1-8-2007 3:02 PM
n2sooners
Seems my post didn't come out completely right.

Here is a link to the story about the ongoing construction as of November last year.
1-9-2007 6:01 AM
lonely_planet
Come on, everybody knows that Iraq is NOW a Utopia. n2sooners is waiting for his custom made casket to be finished, and will then move to Iraq and enjoy the freedom to be blown to bits while looking for a job.
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