OK, not exactly. But if he's smart/compassionate enough to do this, he may do other things that would make me vote for him. If the Democratic candidate isn't good. Which is very possible. Plus, as I read this, it's a neocon wet dream for putting pressure on, for example, the Saudi monarchy from below. Thoughts? http://www.nytimes.com/2003/04/09/opinion/09CLEM.html
Dude - that's like, welfare or something. What's the chance of neocons going for that? Unless its some workfare program where we make them knit rugs for 40hrs a week or something. On the other hand, I'm sure Iraqis will get a significant tax cut compared to last year. Maybe that's why they're cheering.
So, Mike, I take it you have some thoughts on this. Please share them with the class now that we've sent the dunces to sit in the corner.
Mike, you curmudgeon, DJ's post was actualy funny. This idea, of course, stands in stark contrast to what the Bush team has tried to get away with so far with regards to doling out benefits to its stakeholders which doesn't bode well for either ideas like this or our ability to "wage peace" against a world now rightly cynical of Bush's motives. My question is how we will use funds to foster democracy in Iraq given its current lack of a diverse array of viable political parties. Are we going to create a real democracy with many competing voices or a wholly-owned sham "Tweedle Dumb/Tweedle Dumber" system like we have here? Also, any bets on how long it will take the Saudis to begin funnelling megabucks to any fundamentalist Islamic parties, assuming our occupation regime allows such parties to exist?
Well Dave, I think we have a parallel situation happening here in the states, that we could look to for advice on what do with the oil money. Most Indians that live on reservations with highly profitable casinos receive fairly large compensation checks each month. I know that each member of the Tribe that operates the Mystic Lake casino in Minnesota receives thousands of dollars in checks each month from casino profits. Their only problem has been that they usually do not have to work at all anymore, and are content just to get that check each month. Causing a large amount of stagnation in the population. Segroves may know a little bit more about this type of thing.
Cynical liberal I may be, but it doesn't strike me as a good idea to be giving away money for nothing. As opposed to state-sponsored welfare or support of a tiny minority of exceptionally poor (like here in USA) - a look at Saudi arabia where they distribute immense wealth to just about everyone has not exactly led to an ideal society. Many "middle-east experts" have said that S.A. is experiencing a problem as its pampered youth grow up and have no jobs. Some of them seem to have sat around cafes/mosques all day and listened to poisonous teachings. I guess I just don't see a load of benefit to seting up a similar system, as opposed to spending all the $ on infrastructure reconstruction (hopefully with local subcontractors, who then bring $ into the local Iraqi economy, so others go into business providing them with luxuries and necessities). Isn't that capitalism? And if a lefty like me sees that, what's the chance of ardent capitalists to embrace an alternate system? And I like the new name Mike - I'll remember it if I ever need a puppet.
Peledre...the ratios are completely different in Iraq. I think there's a tiny Connecticut tribe where the members make tons of money, because it's a big casino, and there aren't that many hands to share the money with. If you look at the specifics of this proposal, he's talking about $1333 per family, which is slightly more than 50% of the annual income. I assume that you'd want to make it something like, $1000 in benefits every year, and $333 to go into a trust fund. Still, no matter how you slice it, people aren't going to get rich from this. It'll be more like what happens with the Eastern Band of the Cherokee, where there's enough money at stake that they've closed the membership rolls to anyone over the age of 2 (I think), but nobody has opened up a Lexus dealership just outside the reservation either. What I find most interesting is the effect it would have on the politics of Saudi Arabia. Man, talk about putting the Royal Family into the crosshairs.
And the current Bush cronyism strategery helps our efforts exactly how, Mr. Dances-with-hawks? Even with Bush putting us in a big hole, winning the peace isn't "impossible" IF changes are made to Bush's usual m.o. of crony capitalism. The sad thing is that right now, that "IF" is looming mighty large. Mike, the Saudis didn't just start their shenanigans in 1991. They were supporting terrorism long before that when Saddam was still our buddy. Also, if the USA starts trying to use Iraqi oil to lower world oil prices, it may put pressure on the Saudis but it will also feed the cynics who believe that the war was about oil in the first place, wouldn't it?
Are you sure about that? Because in the aftermath of 9/11, I saw multiple sources say that one social problem in SA is that there are too many young men who have the training for middle class/upper middle class jobs, but there aren't enough jobs like that to go around, so they can't get married (pay the dowry.) My understanding is that a) S.A. has great and free/cheap schools, but no place to put the graduates and b) (and this is from my wife and friends of hers here in Raleigh who worked there) that the S.A. work ethic isn't that great. But it's not because they get mad money from the gvt. It's because the society skipped a couple of stages in its development from nomadism to the modern era. Now, that's what I remember. That doesn't mean I'm right and you're wrong. Maybe some other voices can chime in here. In any event, again, I think the ratios are different in SA anyway. More oil, less people.
Considering all of the pain that the Iraqi people have been through, I fail to see how anyone could be against this plan. The only real questions are: -- What's the split between infrastructure and direct payments? This is peledre's point and it's a valid one, but I don't see this as a reason not to do it. The program won't throw off enough money to make the entire country sedentary, but even if it did who are we to complain? If nine million people get enough cash from their natural resources and don't have to work, that's the sort of problem that the other six billion residents on this planet would gladly have. -- How could you possibly end this 5 or 10 or 15 years from now once the "reconstruction" phase is completed? It's like ending Social Security in this country -- if people get it for free now, they will want to get it later as well.
Just to bring a fact into the discussion...I googled Saudi population, and one of the headings said that in the '92 census, Saudi has 16.9 million people. So, the populations are alot closer than I'd thought. Still, more oil, less people. And like Mike wrote, I don't think the Saudis distribute the $$$ outside of the royal family. I can ask my wife and a couple of her friends who worked there about it. The family my wife worked for was what you might call 2nd tier royalty, if you divided the House of Saud into 3 tiers. And they had something like 7 homes around the world. That's a pretty strong suggestion that the money isn't widely shared. BTW, it's an interesting and useful factoid to remember that Saudi Arabia is one of the few (two, I think) nations in the world named after a family.
By then, I would hope, the Iraqis will be running the country, and it won't be our problem. Besides, as I read it, wouldn't that just mean that ALL of the oil revenues would go into the fund?
Anyone but Haliburton Who was building Saddam's palaces? Seriously though, it's not like Iraq has no infrastructure now. Who built it and who maintained it? Who has been running the oil wells for the past 12 years? Are you saying that nobody in the entire country of Iraq is qualified to do these things or at least serve as partners in a conglomerate?
Re: Anyone but Haliburton The U.S. hasn't really had a good record of rebuilding countries in the last 40 years. I think the last time we did ok was with Germany and Japan. Can we take any lessons learned from the Marshall Plan and the reconstruction of Japan and apply them to the current situation? Much of the capital needed to mimic a "Marshall Plan" type reconstruction of Iraq could be taken from Oil Money, and be administered on behalf of the Iraqi people by a third party, be it the U.S. or someone else.
Re: Re: Anyone but Haliburton I think the smart thing would be for it to be "someone else." BTW, I heard the Jews are good with money....
This idea in the NY Times OP/Ed comes directly from what they do in Alaska. They set up this fund in the 70's and now every Alaskan gets a check once a year. I am not sure about the particulars though.
> The Oil will end eventually Iraq will be the last place on earth with significant oil. It is really useless to plan 10-15 years down the line in that place. What happens to Iraq's national oil company is the signal to what happens to the oil. If the company is slowly dissolved and US companies take over (putting just the standard royalty of 7% in the Iraqi reconstitution fund) then we know the Iraqi's were had.
I know you hate "fixed your posts", Mike, but this just had to be done. [edit] to add: a party that gets much of its support from religious fundamentalists and is strongly ideologically opposed to any form of public action that does not directly benefit the richest 0.01% of the nation. [/edit]
Mike, the nature of economic theory states that we will never run out of oil, it will just become scarce enough so that the price of it will raise to a point where we will find alternative forms of energy, and will then have no use for any remaining oil.
Actually, FBI (hey, what an interesting acronym) has not (yet) been implemented by the US govt. Believe it or not I am not against faith-based initiatives in theory. There are lot of decent church-sponsored social groups out there that could use the money. But the first time that the US Govt doesn't approve the Church Of Satan Soup Kitchen grant request, it should go to the Supreme Court.