Thursday, May 19, 2011

The Hot-Money Cowboys of Baghdad

Click here to access article by Steven Lee Myers from The NY Times.

This Iraqi capitalist vulture sees a great profit opportunity in the devastation of his country resulting from US war crimes:
What makes Iraq’s economic potential so great, he explained, despite everything, is not just its abundant natural resources — it is the shattered state of Iraq itself: the damage done by the American war, but also the long, steady decay under Saddam Hussein, from the war with Iran that began in 1980 through the invasion of Kuwait a decade later and the crushing international sanctions that followed the first gulf war. The country has been decimated, and therein lies its potential.
Capitalists not only get rich waging wars, but they get rich re-building countries after their wars. As Deng Xiaoping of China said, "to get rich is glorious".