Privatising Iraq will have dire results...Gulf News---All Bush's buddies!

[Gloria]

http://www.gulf-news.com/Articles/news.asp?ArticleID=95154

Economic Outlook: Privatising Iraq will have dire results on the country and its people
|By Ahmed Musthafa, Special to Gulf News | 14-08-2003
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George W. Bush has appointed one of his business buddies as a privatisation officer in Iraq. Thomas C. Foley has accepted the position of Director of Private Sector Development for the Coalition Provisional Authority (CPA) in Iraq, according to a statement from Pennsylvania-based firm TB Woods, of which he was formerly chairman of the board of directors.

Foley will be reporting to CPA Administrator, Paul Bremer, and will have responsibility for overseeing 194 Iraqi state-owned businesses. He will also be responsible for developing a privatisation plan and foreign trade and investment programmes for Iraq.

Foley was one of the main fund-raisers for Bush's election campaign. He will be joining a bunch of American businesspeople running the Iraqi economy such as Philip Carroll and Dan Amstutz. They'll be working closely with Paul Wolfowitz, Deputy Secretary of Defence, who supervises Bremer and his CPA.

Philip J. Carroll is the U.S.-appointed chair of the U.S.-established 'advisory' committee for the Iraqi oil industry. He is former head of Shell Oil and Fluor (a firm invited to bid on Iraqi construction projects) and with substantial stock in both. He is also a major corporate player in Texas.

Dan Amstutz is running Iraq's agricultural industry. He is former senior executive of Cargill Corporation, the biggest grain exporter in the world, and president of the North American Grain Export Association.

During the Reagan administration, Amstutz drafted the original text of the main international agreements governing the trade of agricultural goods. Amstutz's rules allow wealthy countries to dump their subsidy-backed agricultural surpluses in world markets, pushing down prices to levels that growers in developing nations can't compete with.


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[sandnsea]

1. good article - key players and timely

"In fact, when it comes to government ownership, highly developed democracies have made very different choices. T-Mobile's 10 million American customers may be surprised to learn that the German government owns 44 per cent of it.

"In France, the government owns 54 per cent of Air France, 21 per cent of the company that owns RCA and 27 per cent of the car manufacturer Renault, which, in turn, owns 37 per cent of Nissan and 70 per cent of Samsung.

"The British government controls 100 per cent of the BBC. In Finland, the government is the owner of all the liquor stores and 60 per cent of an energy firm that owns petrol stations. In Sweden, the government owns all pharmacies and several iron mines."

[Mel]

2. Thugs!

These people are nothing more than International Gangsters. Voting Bush* out isn't going to stop this, I just don't see it.
Somebody please help me out here I have no hope that we are going to be able to stop these PNAC Gangsters short of a Revolution.
These people need to get the hell out of Iraq they do not have a right to take over Iraq this is wrong this is a mess.
When are these gangsters going to be put in prison? That's what needs to happen in a world with justice it would be the case. :wtf: It's not that many of them when you get down to it. Who the hell do they think they are? They want to call this bringing democracy to Iraq! How dare they! If somebody says that around me I'm afraid I may pound their head in.



Fluor is that the company that used to be Fluor-Daniels....the same one that builds nuclear plants? I'm pretty sure it is. :nuke:

I swear this article just made me blow my top! :grr::mad: I'm livid as hell can you tell?

NO JUSTICE, NO PEACE

[moondust]

3. They'd be better off nationalizing

most everything for about 20-30 years in order to rebuild their country, provide for the public weal first, then when people are back on their feet they could think about privatizing some of the non-essentials.