Sunday, November 2, 2008

Occupation Iraq: Progress You Can Take to the Bank

So the BANKS are going to do for Iraq what they did for US, huh?

The SOONER AmeriKa leaves, the BETTER it will be for IRAQIS!!!!


"Baghdad sets $15b for rebuilding; Minister says funds fall short" by Bushra Juhi, Associated Press | November 2, 2008

Iraqis watched yesterday as US soldiers searched their house for weapons in Baquba, about 40 miles northeast of Baghdad.
Iraqis watched yesterday as US soldiers searched their house for weapons in Baquba, about 40 miles northeast of Baghdad. (Goran Tomasevic/Reuters)

Just the DAILY INDIGNITIES Iraqis must suffer under occupation.

What an ADORABLE FAMILY, too, huh, Amurkn?

BAGHDAD - Iraq has earmarked about $15 billion - nearly 25 percent of its 2009 draft budget - to help rebuild the country's crumbling infrastructure, energy, and oil facilities, the finance minister said yesterday.

But Bayan Jabr stressed those funds fall far short of the hundreds of billions of dollars Iraq needs to put its shattered economy back on its feet and appealed to foreign investors to help bridge the gap.

Another reason (among so many) that Bush invaded.

Speaking at a US-Iraqi investment conference in Baghdad, Jabr said a government study determined Iraq needs some $400 billion to upgrade its existing infrastructure and build new facilities.

I'm sorry, but America doesn't have it.

"That is why we have to resort to investment in Iraq . . . in many sectors including electricity, oil, oil byproducts, refineries, housing, infrastructure, and banks," he said. Jabr said Iraq's 30 private banks are still grappling with a capital shortage, despite the government's increased credit support.

Oh, THEY ARE, TOO, huh? (Blog author just shaking his head)

"That is why we think there is a great chance for banks in the United States, Europe, and the neighboring countries to start joint ventures with our banks and to enter the Iraqi market," he said.

So they can RIP YOU OFF, too!!!!!!!

Here is why the usurious Zionist bankers of the West hate Islam and Muslims:

"
banking that adheres to the laws of the Koran and its prohibition against charging interest"

Oh, Americans!! I think I LIKE ISLAMIC FINANCE!!!!

He said the country's "primitive" insurance market presents a similar opportunity for foreign companies.

That is just GROSS, I'm sorry!!

Iraq's economy has recovered slowly since the 2003 US-led war, and the state budget has received a boost from high oil world prices this year.

WTF? We SHATTERED the damn place!!!

But Planning Minister Ali Baban warned that Iraq, which is dependent on oil revenues for more than 90 percent of its national capital budget, must wean itself off its oil dependence. Baban cited a slew of other problems that he said have hindered faster growth, including an overdependence on the government for everything from investment to building.

Pffft! Here in AmeriKa, we wish we could just DEPEND on ours!!

Like the finance minister, Baban suggested the key to boosting the economy lies in attracting investment from abroad and encouraging the private sector to increase its role in the economy. --more--"

Translation: Get with the GLOBALIST PLAN!