posted on Jul, 6 2008 @ 07:25 AM
WASHINGTON - Iraq is not spending much of its own money, despite soaring oil revenues that are pushing the country toward a massive budget
surplus, U.S. auditors told Congress on Tuesday.
The expected surplus comes as the U.S. continues to invest billions of dollars in rebuilding Iraq and faces a financial squeeze domestically because
of record oil prices.
Throw an actual number into the equation ($25billion), and Iraq's projected surplus is no longer an issue of paying off internationally held debt.
I am not one to pass the burden; we are the means which brought about the need for the rebuilding of the countries infrastructure. However, the
government of Iraq holds a responsibility for their people.
The money to reliably supply the basic necessities of life to their people is, at the very least, 'beginning to gather'. I can't claim to
understand the startup costs of local or national infrastructure, but sitting on a $25billion budget surplus while in a state of major rebuilding is
disgustingly negligent to the concerns of the nation.
This government has been plagued by ‘lost money’, corruption and a general lack of action. It is not as if they are guiding a nation which is
rapidly developing into a major economic and political world-player. They are ignoring a nation which has had its basic faculties bombed out and are
struggling to rebuild.