Iraq Plunder

Iraq’s entire cabinet lands in London on Thursday on an investment drive to help build a country whose future seems increasingly linked to foreign money instead of its own dwindling oil wealth.

The fall in the price of oil and the knock-on effects of the global financial crisis have thrown the brittle nation’s budget projections into chaos, with the government admitting it faces a serious revenue crisis in 2010 that could derail almost all of its blue-sky projects.

And guess who’s coming to dinner, the neoliberals are licking their chops-

“They are still in a stage of building up private sector awareness,” said Britain’s ambassador to Iraq, Christopher Prentice. “Iraq needs a wide education campaign to re-programme 30 years of thinking.

“Public-private sector partnerships are still at an early phase. Successful joint ventures and public-private enterprises will be the agents for change.”

Al-Zubeidi said a change in thinking had been forced on the government. “I think we have to open more to the international private sector,” he said.

Mission Accomplished.

5 Responses to “Iraq Plunder”

  1. libhomo Says:

    I am so frustrated by the lack of attention that the left and the peace movement, for the most part, are paying to stopping the war in Iraq.

  2. opit Says:

    We can’t even expose the work of Black Ops in depriving Iraq of those capable of running a modern country.

  3. harpymarx Says:

    And NL is putting forward legislation that will mean British private military companies based in Iraq will be self-regulatory. In other words, they will be a law unto themselves…!!

    Amnesty succinctly puts it: “There are a large number of British-based, private military and security companies operating in conflict zones … if the government does propose a self-regulatory system it would effectively grant them impunity to do whatever they like. This is not an ordinary industry, this is men with guns we’re talking about.”

  4. RickB Says:


  5. Links and stuff from between April 27th and April 29th - Chicken Yoghurt Says:

    […] Iraq Plunder « Ten Percent – Mission accomplished. […]

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