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Iraq's Budget Surplus Could Top $79 Billion on High Oil Pric
foxnews.com — The Iraqi government could end the year with as much as a $79 billion budget surplus as ever-increasing oil revenues pile on top of leftover income the Iraqis still haven't spent on their national rebuilding effort, congressional auditors say.
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- f15ric, on 08/06/2008, -1/+1Surplus? It is time for the Iraqis to start paying each family that had a son or daughter who lost his or her life fighting for Iraqi freedom. To not do so, is a total disgrace.
- soundman07, on 08/07/2008, -0/+2Yeah, because filling a families loss with a bunch of cash will completely eliminate their sorrow. Seriously, if I lost someone close to me due to the Iraq war, I don't think that any amount of monetary compensation could make me feel better. Putting a price on human life is a risky business my friend...
- f15ric, on 08/07/2008, -0/+0Your thinking is warped, I'm sure you prefer the Iraqis keep all the money while we continue to pay for rebuilding their country, besides, I doubt you know what it means to defend America.
- soundman07, on 08/07/2008, -0/+2Yeah, because filling a families loss with a bunch of cash will completely eliminate their sorrow. Seriously, if I lost someone close to me due to the Iraq war, I don't think that any amount of monetary compensation could make me feel better. Putting a price on human life is a risky business my friend...
- repoulin, on 08/06/2008, -1/+1I have always thought that we should have benefited a little more for kickin some butt. I mean the world already thinks we are in it for the oil, we might as well just take it.
- vault, on 08/06/2008, -0/+1We did take it. The US government itself doesn't sell oil, the short-term no-bid contracts were just recently given to ExxonMobil, Shell, Total S.A., BP, and Chevron. The longer-term open bidding contracts for development of the six major oil fields and two natural gas fields start next June.
It would've happened sooner if we had contained the war more quickly.
http://www.iht.com/articles/ap/2008/07/17/news/Ira ...
http://www.foxnews.com/story/0,2933,384903,00.html
- vault, on 08/06/2008, -0/+1We did take it. The US government itself doesn't sell oil, the short-term no-bid contracts were just recently given to ExxonMobil, Shell, Total S.A., BP, and Chevron. The longer-term open bidding contracts for development of the six major oil fields and two natural gas fields start next June.
- exgop, on 08/06/2008, -1/+2Time for America to ask for a kickback
- Jake81499, on 08/06/2008, -1/+2They should be paying us back for the cost of freeing them. We've never received a dime from any country we've freed or helped in a time of war, including France, Brittan, Italy, Spain and more.
- soundman07, on 08/07/2008, -0/+1You really don't give a ***** about leaving the world in a better condition then you found it do you? I mean going in and completely decimating the countries infrastructure isn't enough for you? You want them to pay us for our trouble? We made a mess in Iraq. Now that their beginning to get back on their feet why not give them a chance to prosper and then become a beacon of democracy and hope within the middle east, that way someday they will hopefully become an ally within the worldwide community. France, Brittan, Italy, Spain, and all the rest are all peaceful democratic states now. Demanding reimbursement from them was never and option because we realized the importance and mutual benefit of helping them out in their time of need.
I get that pumping a ton of money into the Iraq fiasco is frustrating, but that doesn't mean that we have the right to demand reimbursement for our trouble. After all we didn't do that good of a job.
- soundman07, on 08/07/2008, -0/+1You really don't give a ***** about leaving the world in a better condition then you found it do you? I mean going in and completely decimating the countries infrastructure isn't enough for you? You want them to pay us for our trouble? We made a mess in Iraq. Now that their beginning to get back on their feet why not give them a chance to prosper and then become a beacon of democracy and hope within the middle east, that way someday they will hopefully become an ally within the worldwide community. France, Brittan, Italy, Spain, and all the rest are all peaceful democratic states now. Demanding reimbursement from them was never and option because we realized the importance and mutual benefit of helping them out in their time of need.
- ReverendJon, on 08/06/2008, -1/+1Wow! That's gonna buy alot of weapons!
I say it's time for our project Iraq to start paying back. - xero69, on 08/06/2008, -0/+3I really hope some of that surplus is used to hire actual Iraqis to do the rebuilding in Iraq. If the Iraqis rebuild their communities they will have a sense of pride and be more likely to protect their finished projects from looting and theft. Want to make a nation peaceful? Give them jobs so they can provide for their families.
- ReverendJon, on 08/06/2008, -0/+2xero69 That would be great if it would work. The problem is that it only works in theory. right here in the US they create jobs hiring people from the projects to rebuild the homes they even pay union wages. and what do we get? They work until they get their first pay then they get high or drunk or arrested and the job gets behind then those that come back, help themselves to materials and tools. All in all the taxpayer gets the shaft and the ones that you tried to help get a fix from high pay and little effort.
They should get qualified contractors to do the work and if they want to help themselves they should get qualified and bid for the work. Then they are accountable for the money they get paid and everybody wins.- soundman07, on 08/07/2008, -0/+1That's because we as a nation have become complacent. The Iraqis on the other hand have had to live under a dictatorship in which they could not be certain that their most basic needs would be met. People who have been stripped of their rights almost always appreciate them when they're returned. What to we do to make Americans realize the boundless opportunities in front of them, that's another story. It has to begin with a huge education reform, but that's another topic entirely.
- kolyana, on 08/08/2008, -0/+1Why this is not getting greater coverage amazes me.
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