Tuesday, June 08, 2004

The Iraqi Debt

The administration wants most Iraqi debt forgiven, but won't say how much. I would hope that it will wait for the new Iraqi government to take its own position on this issue, since that is part of what sovereignty means. The real question is when the American press will admit that democracy has taken hold in Iraq.

Also, the debt entered into by Saddam's regime did more to benefit him than it did for the country, and most of it is owed to Russians and French companies. I would hope that Iraq will refuse to pay for weapons or honor sweetheart oil deals, especially.

0 Comments:

Post a Comment

<< Home