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(The Ledge)   Proof Iraq's economy is still in trouble: New job position draws thousands of applicants. Oh sure, the job is executing Saddam Hussein, but still   (theledger.com) divider line
    More: Spiffy  
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404 clicks; posted to Politics » on 18 Dec 2006 at 6:12 PM (16 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



25 Comments     (+0 »)
 
2006-12-18 6:27:23 PM  
Let's sell pay-per-view tickets, make back some of the scratch we've blown on this boondoggle
 
2006-12-18 7:06:23 PM  
Actually the Iraqi economy is doing quite well. Just read an article about it from Newsweek.

Sorry no HTML skills: http://www.msnbc.msn.com/id/16241340/site/newsweek/

Everything else in that nation is another matter.
 
2006-12-18 7:12:36 PM  
Insertwitty Namehere: http://www.msnbc.msn.com/id/16241340/site/newsweek

Iraq's problems are daunting, to say the least. Unemployment runs between 30 and 50 percent. Many former state industries have all but ceased to function.

How? Iraq is a crippled nation growing on the financial equivalent of steroids, with money pouring in from abroad.


The second the US stops funding the mess over there, it'll collapse.
 
2006-12-18 7:17:22 PM  
I read this story last week when it first appeared in the NYTimes and I sent a note to the public editor complaining about it. I got no response.

Exactly why does the reporter describe a criminal who is executed as a "victim?" I'm not saying Iraq's justice system is any more fair or reliable than that of any other savage nation, but here the reporter is describing the execution of criminals, not dissidents. At least some of them might actually be guilty.

If I break a law and go to jail, am I then considered kidnapped?

It's just semantics, but I think it reveals something of a bias. Hard to believe that of a New York Times reporter, but it may well be.
 
2006-12-18 7:21:05 PM  
rppp01a: The second the US stops funding the mess over there, it'll collapse.

Did you happen to read the next sentence?
National oil revenues and foreign grants look set to total $41 billion this year, according to the IMF

Unless oil becomes worthless in the next few years I'd say they will continue to do alright.

/Reading is fundamental
 
2006-12-18 7:24:37 PM  
If the shiite-led government wants to remove a motivation for the Sunni insurgency, there are more important steps like, oh, not providing uniforms and vehicles to shiite death squads. One might see how such behavior would be a bit annoying to the Sunnis.
 
2006-12-18 7:39:01 PM  
Insertwitty Namehere

I think it's the "...and foreign grants..." part of that sentence which leads to suspicions that US involvement is necessary to keep the Iraqi economy afloat.

How much of that $41 billion is oil and how much is from dumptrucks full of cash that the US backs into Baghdad?
 
2006-12-18 7:55:50 PM  
Bill_Wick's_Friend: How much of that $41 billion is oil and how much is from dumptrucks full of cash that the US backs into Baghdad

Well the oilfields in northern Iraq are pumping out more oil now than they ever did under Saddam and the oilfields in southern Iraq are finally gaining some semblance of security so I'd guess a good chunk is from the oil. Also, a lot of other nations have given money to the Iraqi government, possibly via dump trucks filled with Euros and Yuans, in order to try and gain favor once the Iraqi oil market comes back to full strength. Remember the war did have a lot to do with the fact Iraq was sitting on the 4th largest supply of oil in the world. The big question is who will profit the most from it.
 
2006-12-18 8:02:47 PM  
Another case of right wing blood thirsty war mongers wanting to kill a legally elected leader of a country. Sadam was not perfect, but the country ran smoothly, the people had jobs, the electricity stayed on, there were schools and food and there were no roadside bombings.

Now these people want to kill off a man who kept law and order in the country. John Kerry was lucky that he was just humilitated by these wackos. If these right wingers had their way, they would have put all Democrats in camps.
 
2006-12-18 8:08:41 PM  
And before anyone quibbles, I realize this story was on Best of the Web Today for Monday. I was the submitter to that.

My first BOTWT greenlight!

/Not submitter here
 
2006-12-18 8:18:26 PM  
Insertwitty Namehere:Well the oilfields in northern Iraq are pumping out more oil now than they ever did under Saddam and the oilfields in southern Iraq are finally gaining some semblance of security so I'd guess a good chunk is from the oil.

http://money.cnn.com/2006/12/14/news/international/iraq_oil/

Now the U.S. will pour over $100 billion this year into the country, torn apart by a bloody three-year war, while oil production remains below pre-war levels. The latest EIA estimate said Iraq was pumping 1.9 million barrels per day."


In Saddam's day that number was 3.5 million barrels a day.

I cannot find a single article that says that oil output is anywhere close to where it was before the 2003 invasion. Yes, it's currently at its highest since the invasion, but that's not a good measuring stick, imo.
 
2006-12-18 8:44:48 PM  
Bill_Wick's_Friend: I cannot find a single article that says that oil output is anywhere close to where it was before the 2003 invasion.

I said output from the North is above pre-war levels. This is pretty easy to understand, the northern, Kurdish controlled areas have done much better than other areas in the country since the invasion. Probably due to the fact that they were pretty much an independent country once the no-fly zones went into effect. On the other hand the south, where the majority of the oil is, is only now starting regular production due to the fact that it has faced more frequent attacks on its infrastructure.

I did not intend to imply overall production was higher now, just production in the north. Sorry if I worded it in a confusing manner, I never have been a very good writer.
 
2006-12-18 8:47:54 PM  
I never have been a very good writer.


...and I'm, clearly, not a very good reader! :P
 
2006-12-18 8:54:59 PM  
Insertwitty Namehere: Unless oil becomes worthless in the next few years I'd say they will continue to do alright.

/Reading is fundamental


I refer back to the 30 to 50 percent unemployment. That's not a good thing to have- that plus civil unrest means something's going to give when people are hungry.
 
2006-12-18 9:04:05 PM  
Bill_Wick's_Friend: How much of that $41 billion is oil and how much is from dumptrucks full of cash that the US backs into Baghdad?

Here's an estimate from oil:

1.9 million barrels/day x $60 per barrel x 356 days = $40.5 billion
 
2006-12-18 9:09:26 PM  
portscanner: Another case of right wing blood thirsty war mongers wanting to kill a legally elected leader of a country. Sadam was not perfect, but the country ran smoothly, the people had jobs, the electricity stayed on, there were schools and food and there were no roadside bombings.

Now these people want to kill off a man who kept law and order in the country. John Kerry was lucky that he was just humilitated by these wackos. If these right wingers had their way, they would have put all Democrats in camps.



Saddam was legally elected?

The man murdered several thousand people. Just because he called himself President of Iraq and had enough men with guns to protect that claim doesn't make him immune from prosecution, and execution, for murder.
 
2006-12-18 9:15:23 PM  
rppp01a: I refer back to the 30 to 50 percent unemployment. That's not a good thing to have- that plus civil unrest means something's going to give when people are hungry.

Agreed on that end. Massive unemployment is not good, but IF and I do mean if, the economy can ride out the unrest those numbers would drop like a rock. And very true that unrest + poverty = nothing left to lose = chaos. But then again I've always thought, sectarian differences aside, that Iraq would make a great test bed for true communism. Vast amounts of highly precious resources that at the current time are not specifically owned by anyone other than the Iraqi people. But then the reality of what communism inevitably turns into pops back in my head.

/Back to work I go
 
2006-12-18 10:04:23 PM  
franjrt
Exactly why does the reporter describe a criminal who is executed as a "victim?" I'm not saying Iraq's justice system is any more fair or reliable than that of any other savage nation, but here the reporter is describing the execution of criminals, not dissidents. At least some of them might actually be guilty.

This probably wasn't the author's intention, but even if the person to be executed is guilty of murder, the punishment is "legal", and "the good guys" are doing it doesn't justify another murder.
 
2006-12-18 10:06:15 PM  
RanDomino: This probably wasn't the author's intention, but even if the person to be executed is guilty of murder, the punishment is "legal", and "the good guys" are doing it doesn't justify another murder.


Yes it does.
 
2006-12-19 12:52:09 AM  
rppp01a: I refer back to the 30 to 50 percent unemployment. That's not a good thing to have- that plus civil unrest means something's going to give when people are hungry.

The French do okay. Don't they?
 
2006-12-19 1:17:59 AM  
To put the 30-50% unemployment into perspective, during the height of the Great Depression unemployment in the US peaked at about 25%.
 
2006-12-19 2:59:44 AM  
foreign fu nding is good.


ahem. marshall plan anyone?


keep it up. shiat will get better.
 
2006-12-19 5:46:05 AM  
Lets see how Iraqs economy does once the coalition leaves, before we call it the new Middle Eastern Economic Powerhouse or Depresion Zone.
 
2006-12-19 11:12:40 AM  
Hmm-- anybody remember when Chechescau (sp?) was executed? Thousands volunteered to shoot him and his wife, and the ones that were chosen didnt even wait for the order to fire-- They just unloaded as soon as the two were walked into the room-- I think it was all on national TV, as well.
 
2006-12-19 12:18:23 PM  
Here's a man more than quailfied for the position.
[image from media.outnow.ch too old to be available]
 
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