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Now that the war has been won: investing in Iraq
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mises



Joined: 05 Nov 2007
Location: retired

PostPosted: Tue Jul 29, 2008 11:27 am    Post subject: Reply with quote

I wonder what role the significant ethnic cleansing and stratification of different groups within cities and Iraq itself has had on the 'success' of the surge.
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bucheon bum



Joined: 16 Jan 2003

PostPosted: Tue Jul 29, 2008 2:04 pm    Post subject: Reply with quote

I'd wager a big reason for that peace is the formulation of sunni and shiite "ghettos" and the disappearance of mixed neighborhoods.
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ersatzredux



Joined: 15 Dec 2007
Location: Same as it ever was, same as it ever was

PostPosted: Tue Jul 29, 2008 6:14 pm    Post subject: Reply with quote

Fiveeagles,

You're right. I think this a great time to make a lot of money out of Iraq, especially if you missed investing in Blackwater, Halliburton and Bechtel before the war started. Should have taken your cues from the wise Mr. Cheney on that one, and you can be sure Richard Perle didn't drop that ball either.

But you're right, there's never been a better time for Iraq. The American invasion and occupation has created a lot of wonderful investment opportunities for the person looking to diversify their holdings. Since the Americans have providently managed to destroy the education, health, and sanitation systems, the electrical power grid, and since previous American contractors have simply stolen the money meant for repair and new development, there is now even more work to be done than ever before! And with most Iraqi industry devastated and virtually the entire technical and managerial classes living as refuges in other countries, there is a huge pent up demand for trained personal of all kinds, and a desperate local labour force that you can probably get for less than Fillipinos. A lot of Iraqi girls have apparently been forced into prostitution- plenty of opportunities there for a guy with connections in the Gulf or Europe! And just imagine the market for high priced cancer treatment drugs with all the depleted uranium! America has not lost its commercial genius, despite what the naysayers here on Dave's say.

Thank God America is making the world safe for free enterprise, and I'm not ashamed to shout it from the mountain tops. I hear Kandahar is also starting to look good though, and the margin on heroin is still pretty good despite the world oversupply. So I'm kind of personally torn myself. Which country do you think offers the better opportunity to proft from death, destruction, and human misery? Or, just maybe, I should be betting long on Iran? Wink
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Kuros



Joined: 27 Apr 2004

PostPosted: Tue Jul 29, 2008 7:00 pm    Post subject: Reply with quote

ersatzredux wrote:
Should have taken your cues from the wise Mr. Cheney on that one, and you can be sure Richard Perle didn't drop that ball either.


I am surprised to see the inestimable ersatzprofessor cycling false allegations that have long since been debunked. Whatever we think of Cheney's incompetence and ideological blinders, he cannot be accused of profiting financially from the Iraq War.

Kerry ad falsely accuses Cheney on Halliburton

Cheney (Sept. 14, 2003) wrote:
I've severed all my ties with the company [Halliburton], gotten rid of all my financial interests. I have no financial interest in Halliburton of any kind and haven't had now for over three years. And as vice president, I have absolutely no influence of, involvement of, knowledge of in any way, shape or form of contracts led by the Corps of Engineers or anybody else in the federal government.


If factcheck.org is too middle-of-the-road for you, let's refer to Left-contrarian web-magazine for a reprisal of Halliburton's own financial performance in Iraq (Halliburton was selected as the US' contractor in 1998, a full two years before Cheney came into office).

Can Halliburton shake the Cheney curse?

Quote:
Without Cheney, after all, the Iraq war and the massive Halliburton contracts that followed would have been far less likely. But it's easy to overstate the importance of such work to Halliburton. In its second-quarter conference call, the company reported that Iraq-related activity accounted for only about 9 percent of revenue. And this type of business is unsustainable�unless the United States invades a country that needs new infrastructure every year.


Why can't Halliburton make good money in Iraq?

Quote:
"Halliburton's Iraq-related work contributed approximately $2.1 billion in revenues in the first quarter 2004 and $32 million in operating income," the company reported. That's a margin of 1.5 percent.


And before anyone accuses me of defending this administration, let me say that I'm glad to see it go. But falsehoods are falsehoods.
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fiveeagles



Joined: 19 May 2005
Location: Vancouver

PostPosted: Tue Jul 29, 2008 8:21 pm    Post subject: Reply with quote

ersatzredux wrote:
Fiveeagles,

You're right. I think this a great time to make a lot of money out of Iraq, especially if you missed investing in Blackwater, Halliburton and Bechtel before the war started. Should have taken your cues from the wise Mr. Cheney on that one, and you can be sure Richard Perle didn't drop that ball either.

But you're right, there's never been a better time for Iraq. The American invasion and occupation has created a lot of wonderful investment opportunities for the person looking to diversify their holdings. Since the Americans have providently managed to destroy the education, health, and sanitation systems, the electrical power grid, and since previous American contractors have simply stolen the money meant for repair and new development, there is now even more work to be done than ever before! And with most Iraqi industry devastated and virtually the entire technical and managerial classes living as refuges in other countries, there is a huge pent up demand for trained personal of all kinds, and a desperate local labour force that you can probably get for less than Fillipinos. A lot of Iraqi girls have apparently been forced into prostitution- plenty of opportunities there for a guy with connections in the Gulf or Europe! And just imagine the market for high priced cancer treatment drugs with all the depleted uranium! America has not lost its commercial genius, despite what the naysayers here on Dave's say.

Thank God America is making the world safe for free enterprise, and I'm not ashamed to shout it from the mountain tops. I hear Kandahar is also starting to look good though, and the margin on heroin is still pretty good despite the world oversupply. So I'm kind of personally torn myself. Which country do you think offers the better opportunity to proft from death, destruction, and human misery? Or, just maybe, I should be betting long on Iran? Wink


God, isn't it horrible. I have been in a few situations where I am thinking man I should invest in such a stock. But hell...o. no I won't.

Same thing with Iraq. People are investing in the country now...damn sure it's going to take off. Is it right? Dam no.


Last edited by fiveeagles on Tue Sep 02, 2008 10:54 pm; edited 1 time in total
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bucheon bum



Joined: 16 Jan 2003

PostPosted: Tue Jul 29, 2008 8:38 pm    Post subject: Reply with quote

Kuros wrote:
ersatzredux wrote:
Should have taken your cues from the wise Mr. Cheney on that one, and you can be sure Richard Perle didn't drop that ball either.


I am surprised to see the inestimable ersatzprofessor cycling false allegations that have long since been debunked. Whatever we think of Cheney's incompetence and ideological blinders, he cannot be accused of profiting financially from the Iraq War.

Kerry ad falsely accuses Cheney on Halliburton

Cheney (Sept. 14, 2003) wrote:
I've severed all my ties with the company [Halliburton], gotten rid of all my financial interests. I have no financial interest in Halliburton of any kind and haven't had now for over three years. And as vice president, I have absolutely no influence of, involvement of, knowledge of in any way, shape or form of contracts led by the Corps of Engineers or anybody else in the federal government.


If factcheck.org is too middle-of-the-road for you, let's refer to Left-contrarian web-magazine for a reprisal of Halliburton's own financial performance in Iraq (Halliburton was selected as the US' contractor in 1998, a full two years before Cheney came into office).

Can Halliburton shake the Cheney curse?

Quote:
Without Cheney, after all, the Iraq war and the massive Halliburton contracts that followed would have been far less likely. But it's easy to overstate the importance of such work to Halliburton. In its second-quarter conference call, the company reported that Iraq-related activity accounted for only about 9 percent of revenue. And this type of business is unsustainable�unless the United States invades a country that needs new infrastructure every year.


Why can't Halliburton make good money in Iraq?

Quote:
"Halliburton's Iraq-related work contributed approximately $2.1 billion in revenues in the first quarter 2004 and $32 million in operating income," the company reported. That's a margin of 1.5 percent.


And before anyone accuses me of defending this administration, let me say that I'm glad to see it go. But falsehoods are falsehoods.


And bechtel did SO well that it pulled all its operations out of Iraq.
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ersatzredux



Joined: 15 Dec 2007
Location: Same as it ever was, same as it ever was

PostPosted: Wed Jul 30, 2008 5:39 pm    Post subject: Reply with quote

Kuros wrote:
ersatzredux wrote:
Should have taken your cues from the wise Mr. Cheney on that one, and you can be sure Richard Perle didn't drop that ball either.


I am surprised to see the inestimable ersatzprofessor cycling false allegations that have long since been debunked. Whatever we think of Cheney's incompetence and ideological blinders, he cannot be accused of profiting financially from the Iraq War.

Kerry ad falsely accuses Cheney on Halliburton

Cheney (Sept. 14, 2003) wrote:
I've severed all my ties with the company [Halliburton], gotten rid of all my financial interests. I have no financial interest in Halliburton of any kind and haven't had now for over three years. And as vice president, I have absolutely no influence of, involvement of, knowledge of in any way, shape or form of contracts led by the Corps of Engineers or anybody else in the federal government.


If factcheck.org is too middle-of-the-road for you, let's refer to Left-contrarian web-magazine for a reprisal of Halliburton's own financial performance in Iraq (Halliburton was selected as the US' contractor in 1998, a full two years before Cheney came into office).

Can Halliburton shake the Cheney curse?

Quote:
Without Cheney, after all, the Iraq war and the massive Halliburton contracts that followed would have been far less likely. But it's easy to overstate the importance of such work to Halliburton. In its second-quarter conference call, the company reported that Iraq-related activity accounted for only about 9 percent of revenue. And this type of business is unsustainable�unless the United States invades a country that needs new infrastructure every year.


Why can't Halliburton make good money in Iraq?

Quote:
"Halliburton's Iraq-related work contributed approximately $2.1 billion in revenues in the first quarter 2004 and $32 million in operating income," the company reported. That's a margin of 1.5 percent.


And before anyone accuses me of defending this administration, let me say that I'm glad to see it go. But falsehoods are falsehoods.


But you're just fine with the rest of it, then? I'm glad about that at least. I read that Slate article and it's either written by a moron or a neocon, though I might have repeated myself there. The people running the company made all their money by grossly inflating their costs, often for services they didn't actually perform, and then collecting their 1% as added insult to injury. On the books they broke even or lost a little, but you can be sure the principals and the guys down the line have made out like bandits. That's what war profiteering is all about and that's what cost-plus contracts with the government are all about.

As for Cheney, you might have looked a little further:

http://www.cbsnews.com/stories/2003/09/26/politics/main575356.shtml

But where is Joo? Surely he can not leave this subversiveness unchecked.
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fiveeagles



Joined: 19 May 2005
Location: Vancouver

PostPosted: Wed Jul 30, 2008 6:44 pm    Post subject: Reply with quote

Oliver North says the same thing at the end of this video; http://www.foxnews.com/video2/video08.html?maven_referralObject=2778119&maven_referralPlaylistId=&sRevUrl=http://www.foxnews.com/
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ersatzredux



Joined: 15 Dec 2007
Location: Same as it ever was, same as it ever was

PostPosted: Wed Jul 30, 2008 7:05 pm    Post subject: Reply with quote

I clicked on it and got some sports show. What did Oliver North say?
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fiveeagles



Joined: 19 May 2005
Location: Vancouver

PostPosted: Sat Aug 30, 2008 8:23 pm    Post subject: Reply with quote

Sorry, I missed your post. Oliver said the war in Iraq was won.

http://www.cnn.com/2008/BUSINESS/08/30/iraq.china.oil.deal/index.html

Quote:
BAGHDAD, Iraq (CNN) -- Iraq has signed its first major oil deal with a foreign company since the fall of Saddam Hussein's regime, a spokesman for the Iraqi Oil Ministry said Saturday.

It was the first time in more than 35 years that Iraq has allowed foreign oil companies to do business inside its borders.

The contract with the China National Petroleum Corporation could be worth up to $3 billion. It would allow the CNPC to develop an oil field in southern Iraq's Wasit province for about 20 years, Oil Ministry spokesman Assim Jihad said.
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fiveeagles



Joined: 19 May 2005
Location: Vancouver

PostPosted: Mon Sep 01, 2008 12:09 pm    Post subject: Reply with quote

Quote:
BAGHDAD - The U.S. military handed over security control of the Iraqi province of Anbar to local forces on Monday, although a top U.S. commander said the drawdown of Marines in the former insurgent flashpoint would be gradual.

The province was once a locus of the Sunni Arab insurgency, and the scene of some of the bloodiest battles of the Iraq war.

The handover marks a major milestone in America�s strategy of turning security over to the Iraqis so U.S. troops can eventually go home.


http://www.msnbc.msn.com/id/26493036
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Privateer



Joined: 31 Aug 2005
Location: Easy Street.

PostPosted: Tue Sep 02, 2008 4:52 am    Post subject: Reply with quote

I hear real estate in Baghdad is a snap right now.
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Nowhere Man



Joined: 08 Feb 2004

PostPosted: Tue Sep 02, 2008 5:04 am    Post subject: ... Reply with quote

OK. I have to admit it was a bit hard to take your claims seriously, but now that Oliver North has said it,








I...I...ROFLTIP...LOL... Laughing ... Razz ... Laughing Razz Laughing Razz ...hehe.
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fiveeagles



Joined: 19 May 2005
Location: Vancouver

PostPosted: Tue Sep 16, 2008 8:18 am    Post subject: Reply with quote

Come on, Oliver is the man!!! Razz

A funny thing happened on the way to the Multi-National Force-Iraq change of command today along the previously dangerous Airport Road to Baghdad�s International Zone: NOTHING.

With violence down 80% since GEN Petraeus took command in Iraq, Secretary of Defense Robert Gates said this about the difference in Iraq since the beginning of the �surge�:


Quote:
�I can hardly believe with my own eyes the dramatic changes for the better. The changes are due to the sacrifices of Iraqis and our own coalition forces.�
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mises



Joined: 05 Nov 2007
Location: retired

PostPosted: Tue Sep 16, 2008 8:55 am    Post subject: Reply with quote

And when the money train to the militias stops?
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