"Stay Behind" strategies in Iraq [Ka-Ching]

Major Variola (ret) mv at cdc.gov
Thu Apr 10 20:09:55 PDT 2003


At 04:28 PM 4/10/03 -0700, Bill Frantz wrote:
 >At 2:41 PM -0700 4/10/03, Major Variola (ret) wrote:
  Face it, Iraq has plenty of wealth to pay back
 >>investors and locals.  All you need is enough warships to guarantee
 >>that you *will* recover costs.
 >
 >I'm not sure about this one.  An article in this morning's San Jose 
Mercury
 >News indicated that Iraq's international debt (commercial to Russians, and
 >compensatory to Kuwait to name just two) amounts to about 32 years oil
 >production.
 >

The Russians?  Bwah hah hah.  Yeah, they (and the French, and the Krauts)
can get all the Saddam-faced bills they want.  Can you spell default?
I knew you could. 

Still, 32 years at current prices, perhaps, but in 30 years the price
of oil will have risen.  And also, the financial biz has no problem
with 30 year ROI, see the home-mortgage industry.

Besides, after we hang the Saudis, and liberate Venezuala (sp), the USG 
will be able to set
the price of oil for the US-external market.  Ka-ching.





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