Is this where your tax dollars are going?
Is this why the world is currently seeing a massive increase in oil prices?
Is this the method of making Iraq the middle east's central power for banking and oil?
Is this yet another reason why America went to war in Iraq?
This enormous cash payment by Iraq could only have been made possible if it was earning very large amounts of money RIGHT NOW!
Just what is going on behind the closed doors of a war torn country?
With over a million civilians dead, and an active war in progress, how has Iraq managed to make enough cash to be able to pay this debt to Bulgaria
like this?
How many other countries has Iraq made payments to?
Where has all this money come from?
Why does the USA government have to constantly beg for billions of dollars to support the on going war when Iraq seems almost perfectly capable of
footing the bill itself, seeing as it can make cash payments like this.
Once Iraq is clear of all it's debts to other countries, the only country it will forever be in debt to will be the USA and you can bet your bottom
dollar that the USA, banks and oil companies will want that relationship to last as long as the oil lasts.
Meanwhile, not only will Iraq be a major American military base, but it will also be the financial hub for the area. The eventual possible wealth in
Iraq will bring it to the same level as the US dollar once was or on a par with Saudi Arabia.
Is this the real reason the US dollar is collapsing? Is the dollar being sent abroad to save Iraq and turn it into a monopoly to corner the entire
middle east?
02 July 2008
A payment of 360 million US dollars of Iraq's debt to the Bulgarian State was finalized on July 2nd.Bulgaria is the first country which has reached
agreement on a lump-sum cash settlement of its receivables from Iraq.
"I am satisfied with the Iraqi side strictly honouring its commitments assumed in the bilateral debt agreement. Let me recall that Bulgaria achieved
the relatively best parameters in settling the outstanding debt problem. I am grateful to our partners of the Iraqi Finance Ministry, as well as for
the fruitful consultations with the US Treasury Department," Bulgarian Finance Minister Plamen Oresharski said after the Transaction.
Approximately one-third of the proceeds represent principal repayments, and two-thirds are due and overdue interest payments. Arrangements are being
made for a visit by the Iraqi Finance Minister to Sofia at Bulgaria's invitation. "Other mutually advantageous areas of bilateral cooperation will
be discussed during that visit," Oresharski added.
www.government.bg...
I'll leave it for you to decide...
Edit to add;
Baghdad owes at least $67bn to Saudi Arabia, Kuwait, the United Arab Emirates and Qatar.
In addition to the $67bn in foreign debt, most of it incurred during the rule of Saddam Hussein, Iraq's executed president, the Geneva-based UN
Compensation Commission says $28bn remains to be paid in compensation for Iraq's 1990 invasion of Kuwait.
Iraq currently gives five per cent of its oil revenue to meet the compensation claims.
The Iraqi government maintains it should not be obligated to repay debts incurred by Saddam's government, which denied basic rights to its citizens,
including say over government policy.
Al-Maliki had addressed nearly 100 international delegations.
He said: "We call on our brothers, friends and partners ... to commit to supporting Iraq's sovereignty and banning interference in its internal
affairs and to end the international sanctions that were imposed on Iraq because of the previous regime and to write off debts."
At that meeting, officials from 50 countries promised to cancel $32bn of Iraq's foreign debt.
star.aanf.org...
If this sort of sum can be a canceled debt for Iraq, then why not for even poorer nations around the world?
Why not wipe the slate clean and give everyone a chance.. or is it because their's no oil in these other debt laden countries, or perhaps no war that
the west is involved in that will return a profit.
[edit on 6-7-2008 by Extralien]
[edit on 6-7-2008 by Extralien]
[edit on 6-7-2008 by Extralien]
