Iraq has an 80 Billion dollar Budget Surplus

#1
W

WA_Vol

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#1
Why are we financing their reconstruction again?


Baghdad had a $29 billion budget surplus between 2005 to 2007. With the price of crude roughly doubling in the past year, Iraq's surplus for 2008 is expected to run between $38 billion and $50 billion, according to a report from the U.S. Government Accountability Office.

The United States has put about $48 billion toward reconstruction since the 2003 invasion of Iraq, auditors reported. About $23 billion of that was spent on the oil and electricity industries, water systems and security.
Iraq spent $3.9 billion on those sectors from 2005 through April 2008, according to the GAO, the investigative arm of Congress.
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Iraq's oil-fueled surplus could hit $80 billion, report says - CNN.com
 
#3
#3
I'd be willing to give Iraq another 100 billion if they would offer to adopt Pelosi and Reid.
 
#5
#5
just think, if we were allowed to drill our own oil, we'd have nice surpluses like that as well.
 
#8
#8
Let's see. We have swelling budget deficits and national debt. Iraq has swelling surpluses.

Sounds like victory to me.

Can we leave now?
 
#12
#12
Chemvol said:
If they call within the next 30 minutes, I would give them all that ... plus Berkeley, CA as my free gift.
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The only thing mildly redeeming about Berkeley is Chez Panisse...if you could please move that restaurant before you give it away, I would appreciate it.
 
#14
#14
let Droski stay. As long as UT isn't playing Cal, he's a pretty entertaining chap to have around.
 
#15
#15
Good idea. Plus, the Iraqis would sour on the deal if we offered him. They would suspect we were trying to pull a fast one on them.
 
#16
#16
TennTradition said:
The only thing mildly redeeming about Berkeley is Chez Panisse...if you could please move that restaurant before you give it away, I would appreciate it.
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We're definitely for giving away anything with a French handle. Go elsewhere and get some American food.
 
#17
#17
BigPapaVol said:
We're definitely for giving away anything with a French handle. Go elsewhere and get some American food.
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It may have a French handle, but it was essentially the first eat-local restaurant, so I am going to say that it is pretty American, save the name. Besides, it was started by Alice Waters - doesn't sound too French to me. I could do without the name...but the name came from a character in movies...movies are pretty American :).
 
#18
#18
On second thought, perhaps we should offer Berkeley to the Taliban. The city would be a lot quieter under Shariah law.
 
#19
#19
not a bad idea. those code pinkos would look better under a full burqa.
 
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