Wednesday, May 31, 2006

In Iraq, It's Only a "Massacre" When It Involves Marines

The Western news giants are keeping the public up on the latest "massacre" news from Haditha:

The Washington Post on Saturday, May 27, 2006:

In Haditha, Memories of a Massacre

CNN, May 29, 2006:

Was Haditha massacre covered up?

The BBC, May 30, 2006:

Iraq to probe US massacre claims

But, when the killing is done by "insurgents", here are the mainstream media headlines:

CNN, Monday, February 28, 2005, on the deadliest single insurgent attack of war:

Iraq suicide bomb kills at least 125

The BBC, February 28, 2005,... No blame here:

Iraq car bombing causes carnage

The New York Times, May 4, 2005, on a suicide bombing that killed 60:

Bomber Posing as Iraqi Police Recruit Kills at Least 60

Get the picture?

Of course, Granma news from Cuba is in complete agreement with the Western press:

Iraq massacre and attempt to cover it up denounced

And Aljazeera.com also has no problems with the reports coming from America and the West:

Haditha Massacre: Iraq’s Mai Lai

So, here's a question... If the Americans are found innocent, will it still be a "massacre"?

** As discussed on Allman & Smash in the Morning

Update: Gina Cobb makes a very good point.

36 Comments:

Blogger Da Man said...

That's because the Marines are the bad guys. There's good killing (suicide bombers, car bombs, head chopping, etc.) and then there's bad killing (anything by US Marines, US Army, USAF USN).

Repeat after me:
Anything the US does is BAD.
Anything the freedom fighters/insurgents do is GOOD.

So, killing Iraqi tennis players who wear shorts is GOOD.

I'm ready to join the Democratic Party or Reuters/AP!

10:33 AM  
Anonymous Dave in NYC said...

Just a few examples of "MSM" articles where terrorist attacks were described as massacres:

Guardian: Massacre averted by bus driver's bravery in reference to suicide bomber in Tel Aviv

Time: Was one of the perpetrators of the Bali massacre a suicide bomber?

CNN: 'Passover massacre' at Israeli hotel kills 19 in reference to suicide bomber in Netanya

These took about 5 minutes to find. I'm sure you could come up with more if you spent any time looking.

10:59 AM  
Blogger Da Man said...

Man, Dave in NYC had to go all the way back to 2002 to find examples! None in 2003, 2004, 2005 or 2006!

11:04 AM  
Blogger Bob, St. Louis said...

It certainly sounds bad for the Marines involved, but please note that so far we have only heard one side of the story. The Marines defense has yet to make any statements to their defense. I'll reserve judgement until I hear more.

12:02 PM  
Anonymous Dave in NYC said...

James, what part of "These took about 5 minutes to find. I'm sure you could come up with more if you spent any time looking" do you not understand?

1:40 PM  
Blogger Da Man said...

Go ahead, Dave in NYC. Do a Google search on the terms "Iraq" and "massacre" and tell us all what you get.

Provide us with this ratio (A/B) where:

A) Number of articles in the mainstream press that refer to the alleged Marine war crimes in the city of Haditha

B) Number of post-2003/Iraq invasion articles in the mainstream press that refer to "massacres" by your heroes (the terrorists/insurgents)

I'm guessing this ratio is in the vicinity of 15:1.

We're waiting, Dave in NYC. Do you understand what this lopsided ratio means?

2:34 PM  
Blogger Bob, St. Louis said...

Actually I thought I would take the bait and see what happened. I Goggled "Insurgent massacre" and "Marine massacre" to get an idea of what kind of stories come up.

The "Marine massacre" as relavent to the Haditha incident goes on for pages and pages (746 hits).
The phrase "Insurgent massacre" only has about 20 hits. They refer to the Jordanian wedding bombing done by insurgents about a year ago as a massacre and a few suicide attacks on Iraqi's waiting to join the Army or Police as massacres.

While I am not disputing the use of the term "massacre" as innacurate when referring to the Haditha incident, one would think that the every day attacks by the insurgents that kills just as many Iraqi's would also have the term "massacre" connected with it.

2:56 PM  
Blogger Da Man said...

That's almost 40:1! Great work, Bob in StL!

The results basically prove Gateway Pundit's hypothesis: "In Iraq, It's Only a 'Massacre' When It Involves Marines."

3:10 PM  
Blogger Bob, St. Louis said...

Sorry, I "Googled" not "Goggled". I would look much smarter if I occasionally proofread what I write!

3:12 PM  
Anonymous Dave in NYC said...

Sorry, James, I don't answer to racists or homophobes, especially those who call me a traitor.

Clearly the word "massacre" is used more often to describe gun violence than it is to describe violence by bombs, and it is used more often to describe military actions than terrorist actions. I don't dispute that.

Either way, I have never seen a "MSM" source describe a terrorist attack in positive terms, so I'm not really sure what the point is.

Anyway, I am not surprised that "insurgent massacre" does not come up with many hits as the insurgents do not commit many massacres. At least, I was under the impression most of the massacres were committed by terrorists/foreign fighters.

7:07 PM  
Anonymous Dave in NYC said...

And for what it's worth, it's also a "massacre" when Saddam Hussein does it.

7:14 PM  
Anonymous templar knight said...

Dave in NYC,

I think he got you. I googled "terrorist massacre" and came up with thousands of hits but after looking through page after page about all I could come up with was one story about the massacre of Iraqi police recruits. There were hundreds of hits mainly on Beslan, Jenin, Berlin Olympic, and Palestinians. Perhaps the strangest outcome to me was that Israel was accused of being responsible for more massacres than anyone else.

6:41 AM  
Blogger Bob, St. Louis said...

To all,
I Googled "terrorist massacre" also and found the same thing as templar knight. 13,300 hits but when I looked at the first 4 pages massacre is rarely connected to terrorists in Iraq.

While I agree with Dave in NYC that counting Google hits doesn't prove anything, I was suprised how the word is specifically connected to the Marine incident. MSM biased? I don't know. It's as if the first reporter covering the Marine story used the word "massacre" and everyone else just followed.

As for Dave in NYC arguing that...

Clearly the word "massacre" is used more often to describe gun violence than it is to describe violence by bombs, and it is used more often to describe military actions than terrorist actions. I don't dispute that.

...just doesn't hold water. Here is the definition of massacre from the Webster dictionary...

mas·sa·cre
1 : the act or an instance of killing a number of usually helpless or unresisting human beings under circumstances of atrocity or cruelty
2 : a cruel or wanton murder
3 : a wholesale slaughter of animals
4 : an act of complete destruction

I would think that definition accurately addresses many of the events that the terrorists in Iraq are doing no matter what the weapon of choice is.

7:11 AM  
Anonymous Dave in NYC said...

Bob, I'm not arguing with you about the dictionary definition. I am just pointing out how it is used in the media. Of course you could use "massacre" to describe many terrorist attacks (likely not ones against police or military targets, though). But in the media, "massacre" appears to be used more often for actions by a military/dictator/militia.

If you don't believe me, look at how Gatewaypundit Jim has used the word. Uzbekistan, Egypt, Israel, China, Saddam. He has never used the word to describe an insurgent action, and only once did he use it to describe an action by terrorists in Iraq.

--------------------------------

I don't understand how anyone "got me". Gatewaypundit claimed that in Iraq, it was only a "massacre" when it involves Marines. I gave you guys the counterexample of massacres committed by Saddam.

I also showed that the word "massacre" has been used to describe terrorist attacks in other countries.

Again, where has the "MSM" approvingly described terrorist or insurgent attacks? The fact that they don't often use the word "massacre" does not mean anything in itself.

8:01 AM  
Blogger Bob, St. Louis said...

To Dave in NYC,
Yes, good points.
When I ran the da man word challenge I was actually predicting that the word "massacre" would be overused by the media to describe many attacks. I was thinking da man's claim would be overblown.

I'm was shockingly surprised how it is specifically used in connected with the Marines. I don't think it is because of the military definition as you propose, since the word is used by the media for many other non-military atrocities.

I still want to emphasize to everyone that the accusations made against the Marines have not been countered yet. I still feel that there is more to this story yet to come.

8:25 AM  
Anonymous templar knight said...

Dave in NYC,

I was referring to da man's and Jim's conclusion that massacre as it is used in Iraq is almost exclusively used by the media when reporting on the US military's actions, almost never on the actions of insurgents/foreign fighters allied with insurgents/al-Queda in Iraq.

They made their point, and all evidence shows them to be correct. That's what I meant.

8:33 AM  
Anonymous Dave in NYC said...

I was referring to da man's and Jim's conclusion that massacre as it is used in Iraq is almost exclusively used by the media when reporting on the US military's actions, almost never on the actions of insurgents/foreign fighters allied with insurgents/al-Queda in Iraq.

I guess if that was Jim's point, he articulated it poorly. He wrote "In Iraq, It's Only a 'Massacre' When It Involves Marines".

If he wanted to make your point, he should have written, "In Iraq, It Is Almost Never a 'Massacre' When it Involves insurgents/foreign fighters allied with insurgents/al-Queda in Iraq."

And again, I still don't see the point. Or why he isn't blaming himself for the misuse of the word as well.

9:23 AM  
Anonymous templar knight said...

Dave in NYC,

Well, that would be another way to word it, but it's the same damn thing. The media looks like it has one standard for the US, and no standard at all for the insurgents/terrorists/jihadists.

I'm in complete agreement with Jim on this one, and the fact that he uses the word to describe the actions of others has nothing to do with why the media has a double standard vis-a-vie the US.

If I had time I would try to do some research on the topic, but I'm off to the border Saturday, and I have a lot of packing to do.

I'll fill you all in when I return. Wish me the best.

9:45 AM  
Blogger Da Man said...

40:1 --That ratio says a lot.

10:15 AM  
Blogger Da Man said...

Oh boy, I'm a racist. Wow. I'm a homophobe. Yikes.

I guess I'd better move out of my SF Bay Area neighborhood, lest my neighbors attack me when they find out I'm a member of the KKK (that's Korean Klux Klan)!

10:33 AM  
Anonymous Dave in NYC said...

Well, that would be another way to word it, but it's the same damn thing. The media looks like it has one standard for the US, and no standard at all for the insurgents/terrorists/jihadists.

No, it's not the "same damn thing". One is correct. One is incorrect.

The fact that Jim almost never uses the word massacre to describe actions by "insurgents/terrorists/jihadists" in Iraq tells you something about how the word is commonly used in our society, even by partisan Republicans. Jim's complaint is both silly and incorrect, and you know it.

Again, nobody has tried to explain what the point of this post is.

10:36 AM  
Anonymous templar knight said...

Dave in NYC,

I think everyone here but you gets exactly what the point of the post is. I'm pretty sure you do too, but are being purposely obtuse.

Go back and read the subject of the post:

"In Iraq, it's only a "Massacre" When it involves Marines".


It's crystal clear to me, and the preponderance of the evidence also proves it to be true. Jim is not part of the media being referred to here. That media is CBS, NBC, ABC, CNN, the NYT, BBC, Reuters, WaPo, FOX, the AP, UPI, and a few others. He is not referring to blogs.

11:59 AM  
Anonymous Dave in NYC said...

Perhaps you need to spell out the point for me, templar knights. As usual, I ask simple questions and people either refuse to answer them or respond with hints and innuendo.

I'll ask again: I have never seen a "MSM" source describe a terrorist attack in positive terms, so I'm not really sure what the point is.

...

Again, where has the "MSM" approvingly described terrorist or insurgent attacks? The fact that they don't often use the word "massacre" does not mean anything in itself.


And I know Jim isn't part of the "MSM". That's precisely why his criticism of the way they use the word "massacre"--which is exactly the way he uses it--is so stupid and hypocritical.

4:12 PM  
Anonymous templar knight said...

Here's the point. If the MSM doesn't use the word massacre, then why are they using it when they apply it to the Marines? That is the point. You know as well as I that massacre is a much stronger word than attack, or whatever word the MSM use to describe an insurgent/al-queda/foreign fighter attack.

And yes, words have meaning Dave, and the meaning of massacre is worse than the words the MSM use to describe other attacks. Why didn't the MSM refer to the Marine incident as an attack rather than a massacre? That is the question, and we all know the answer.

It is a double standard, in which the media try to make the US Military look worse than the insurgents. That is a fact. We all know it to be a fact, and if you can't see that Dave, there is not one objective bone in your body.

7:32 PM  
Anonymous Anonymous said...

(Do not use Iran as an excuse for us backing Iraq. We created the mess, and the subsequent backlash, in Iran.)

Taken from: http://www.counterpunch.org/dixon06172004.html

Ever hear the "liberal" (five corporations) media connect the dots here?

On August 18, 2002, the New York Times carried a front-page story headlined, "Officers say U.S. aided Iraq despite the use of gas". Quoting anonymous US "senior military officers", the NYT "revealed" that in the 1980s, the administration of US President Ronald Reagan covertly provided "critical battle planning assistance at a time when American intelligence knew that Iraqi commanders would employ chemical weapons in waging the decisive battles of the Iran-Iraq war"...

In 1982, the Reagan administration removed Iraq from the State Department's list of countries that allegedly supported terrorism. On December 19-20, 1983, Reagan dispatched his Middle East envoy--none other than Donald Rumsfeld--to Baghdad with a hand-written offer of a resumption of diplomatic relations, which had been severed during the 1967 Arab-Israel war. On March 24, 1984, Rumsfeld was again in Baghdad.

On that same day, the UPI wire service reported from the UN: "Mustard gas laced with a nerve agent has been used on Iranian soldiers ... a team of UN experts has concluded ... Meanwhile, in the Iraqi capital of Baghdad, US presidential envoy Donald Rumsfeld held talks with foreign minister Tariq Aziz."...

There is no doubt that the US government knew Iraq was using chemical weapons. On March 5, 1984, the State Department had stated that "available evidence indicates that Iraq has used lethal chemical weapons". The March 30, 1984, NYT reported that US intelligence officials has "what they believe to be incontrovertible evidence that Iraq has used nerve gas in its war with Iran and has almost finished extensive sites for mass producing the lethal chemical warfare agent".

However, consistent with the pattern throughout the Iran-Iraq war and after, the use of these internationally outlawed weapons was not considered important enough by Rumsfeld and his political superiors to halt Washington's blossoming love affair with Hussein.

The March 29, 1984, NYT, reporting on the aftermath of Rumsfeld's talks in Baghdad, stated that US officials had pronounced "themselves satisfied with relations between Iraq and the US and suggest that normal diplomatic ties have been restored in all but name". In November 1984, the US and Iraq officially restored diplomatic relations.

According to Washington Post journalist Bob Woodward, in a December 15, 1986 article, the CIA began to secretly supply Iraq with intelligence in 1984 that was used to "calibrate" mustard gas attacks on Iranian troops. Beginning in early 1985, the CIA provided Iraq with "data from sensitive US satellite reconnaissance photography ... to assist Iraqi bombing raids"...

A 1994 US Senate report revealed that US companies were licenced by the commerce department to export a "witch's brew" of biological and chemical materials, including bacillus anthracis (which causes anthrax) and clostridium botulinum (the source of botulism). The American Type Culture Collection made 70 shipments of the anthrax bug and other pathogenic agents...

In 1984, vice-president George Bush senior personally intervened to ensure that the bank guaranteed loans to Iraq of $500 million to build an oil pipeline. Export-Import Bank loan guarantees grew from $35 million in 1985 to $267 million by 1990.

According to William Blum, writing in the August 1998 issue of the Progressive, Sam Gejdenson, chairperson of a Congressional subcommittee investigating US exports to Iraq, disclosed that from 1985 until 1990 "the US government approved 771 licenses [only 39 were rejected] for the export to Iraq of $1.5 billion worth of biological agents and high-tech equipment with military application...

1:24 AM  
Anonymous Anonymous said...

Or this, taken from: http://www.50years.org/cms/ejn/story/169

"Spreadin freedom n' democracy"

The World Bank supports the completely undemocratic decision of the
Coalition Provisional Authority (CPA)—the occupation force led by the U.S. to
govern Iraq until the June 28th handover—to reform legislation on foreign
direct investment. According to the UN/WB Joint Needs Assessment, in CPA
Order 39, “Iraq announced a foreign direct investment policy that would make
the country one of the most open in the world. The law permits full foreign
ownership of businesses in all sectors (with the exception of natural
resources [e.g., oil]), permits foreign firms to enter Iraq as direct owners of
branches or through joint ventures, provides for national treatment of foreign
firms and permits the full and immediate reparation of profits.” These radical
policies provide an extremely lucrative investment environment for foreign
investors, and will, according to the Financial Times, “make Iraq one of the
most liberalised economies in the developing world and go beyond even the
laws in many rich countries.”...

By claiming “national treatment,” which means being treated as any Iraqi
company would, foreign firms will receive a number of benefits typically
reserved for domestic investors. They will most likely pay lower taxes, avoid
tariffs, and avoid paying various fees for conducting business in Iraq. The
decision to eliminate the possibility of protecting domestic investment,
typically accomplished with tariffs on imports, was made unilaterally by the
CPA, while the Iraqi people were powerless and without decision-making
capacity. “It was an order from [U.S. Administrator of the CPA Paul] Bremer.
They didn't consult anyone about it,” Ihsan al-Titenchi, Membership Director of
the Iraqi-American Chamber of Commerce and Industry, told al-Jazeera. After
the “hand-over,” the World Bank will now take a leading role in enforcing the
CPA’s binding rules, which are destined to hurt Iraqi domestic investment and
inhibit Iraqi participation in business, while eroding the democratic process in
Iraq...

The Bank touts private investment as one of the most important factors for
economic growth and, by extension, improved conditions for Iraqis .
However, the Bank’s focus is on foreign, not domestic, private investment,
with policy prescriptions that relax restrictions on foreign firms in addition to
granting them an extensive range of benefits. The Bank fails to offer
incentives designed specifically to promote domestic private investment and
Iraqi private sector participation. Consequently, foreign investment will
dominate the economy and squeeze out domestic investment by Iraqis, who
do not have the resources to compete with U.S. investors.

In an “Interim Strategy Note” (Jan. 14, 2004), the World Bank recommends
that the Multilateral Investment Guarantee Agency (MIGA), a World Bank
division which supplies political risk insurance (PRI) to businesses skittish
about doing business in developing countries, “could potentially play an
important role in providing investment guarantees for investors and lenders
involved in making direct investments in Iraq, covering the risk of
expropriation, currency transfer restriction and inconvertibility, war and civil
disturbance, and breach of contract.” These PRI guarantees will likely have
detrimental effects on the investment capacity of Iraqi citizens. The PRI
offered by MIGA effectively excludes domestic investors because MIGA policy
restricts coverage to transnational investment rather than domestic
investment. MIGA admits in its own report that this “distinction may limit the
agency’s developmental impact.” Given the high-risk investment climate in
Iraq, foreign firms with PRI will have an insurmountable advantage over
domestic firms, practically ensuring that they will indeed dominate the most
lucrative Iraqi industries.

MIGA’s PRI guarantees also encourage capital flight, meaning that much-
needed money earned from production in Iraq will be transferred out of the
country and invested elsewhere. In the MIGA report cited earlier, the agency
maintains that insurance against the possibility that a government will impose
currency transfer restrictions or that a currency will become difficult to convert
into a major international currency, whether caused by government or market
actions, will “protect against losses arising from an investor’s inability to
convert local currency…into foreign exchange for transfer abroad.“ This
signals that most of the revenue generated by Foreign Direct Investment
(FDI)—investment by a firm or individual in actual productive capacity (such
as a factory) in another country in return for a share of ownership—is unlikely
to remain in Iraq long enough to be re-invested in the community to support
local business development and contribute to the welfare of ordinary
residents. Foreign investors will almost certainly move the capital generated
in Iraqi markets to foreign banks, most likely because of fear of instability in
the Iraqi banking system or to benefit from higher interest rates available in
other countries.

Given the current state of the Iraqi economy, there is a vital need for capital
accumulation -- wealth generated in Iraq which stays in the country.
However, the World Bank is promoting just the opposite by facilitating capital
liquidity, in which money can be transferred very easily and quickly between
bank accounts and across borders...

MIGA’s PRI guarantees are also destructive to the Iraqi economy because
although they have no official governmental authority or political decision-
making power, they have the capacity to manipulate negotiation between
foreign investors and host governments in favor of foreign investors – and to
the detriment of the people in the host countries. MIGA boasts that it is able
to avoid paying out claims to foreign investors due to its negotiating capacity
and ability to prevent claims by foreign investors against host governments.
Using the clout it holds as a subsidiary of the World Bank, MIGA also claims it
is able to dissuade host governments from violating contracts, expropriating
property, or imposing currency transfer restrictions. It thus provides foreign
investors a virtual risk-free investment climate. The MIGA reports states,
“MIGA’s special status also means that it will be in a strong position to recover
its losses from the host government it has to pay out a claim for transfer
restriction, expropriation or breach of contract.” Thus, contrary to its rhetoric
as an insurance provider, the majority of any losses experienced by foreign
investors will be covered by the people of Iraq...

This was illustrated in Indonesia in 1998, when MIGA paid out the only claim
since its founding in 1985. This claim was made by the now-notorious U.S.
energy company Enron. Indonesian authorities initially approved an Enron
project based on projections suggesting a sharp increase in Indonesian
demand for energy. However, after realizing that the projections were
inflated, particularly given the East Asian financial crisis of the late 1990s, the
Indonesian authorities suspended the project. Enron threatened to make a
claim against the Indonesian government with MIGA, and MIGA attempted to
facilitate a “compromise.” In the end, the Indonesian government stood firm,
and MIGA had to pay Enron $15 million in compensation for lost profits.

In retaliation for the Indonesian government’s decision, MIGA suspended its
activities in Indonesia and stopped offering PRI to foreign investors with
interests in Indonesia. In the end, the Indonesian government backed down
and agreed to repay MIGA the $15 million over a three-year period—a
decision made despite an ongoing financial crisis and the sound logic of the
suspension of Enron’s project. Buckling under to MIGA’s pressure reflected
fear that foreign investment would be discouraged by a MIGA boycott.
Following the Indonesian government’s announcement that it would reimburse MIGA, the agency resumed operations in Indonesia...

The Bank also calls for the reforming the state-subsidized food rationing
system. The food rationing system is comprised of the universal distribution of
food baskets and, according to the UN/WB Joint Needs Assessment, has
been “widely credited with preventing mass starvation and malnutrition.” The
Bank wants to transform the system from a universal subsidy to a targeted
subsidy for the most vulnerable groups in Iraqi society, which will mean that a
large portion of the Iraqi population will stop receiving their food baskets.
However, in the Joint Needs Assessment, the Bank found that “a significant
proportion of the Iraqi population remains dependent on the food ration
system and lacks sufficient purchasing power independent of the food aid.”
The Assessment indicates that cutting food subsidies while simultaneously
raising food prices would put more than half of Iraq’s population at risk of
starvation and malnutrition...

Another potentially damaging aspect of the World Bank’s economic plans is
the privatization of state-owned enterprises (SOEs) and the National Banks.
The Needs Assessment calls for the privatization of functioning SOEs and
closing those SOEs that are inefficient or destroyed as a result of recent
conflict. “Iraq’s transition to greater openness to international markets and
exposure to international competition will inevitably result in important
adjustment costs in the non-oil sectors,” says the Joint Needs Assessment.
“SOEs are expected to bear the brunt of that adjustment since many will be
unable to compete.” This implies that a large number of SOEs will probably
be shut down.

Given the head start provided by the CPA’s preferential treatment of U.S. firms
such as Halliburton and Bechtel, the remaining SOEs may be transformed
into a U.S.-dominated sector of the Iraqi economy. The Bank’s recommended
FDI incentives privilege foreign firms with advantages over Iraqi firms
including access to capital and risk insurance, while failing to offer any
incentives that promote participation of the domestic private sector. With
foreign direct investment in these sectors, foreign firms will control large
portions of the Iraqi economy. Capital flight will ensue with the new FDI
incentives and Iraqis will lose valuable capital that could have been
reinvested in the community.

Privatizing the SOEs and closing a number of them inevitably means that
Iraqis will lose jobs. The Joint Needs Assessment points out that, as public
enterprises, the SOEs previously had “no incentives to lower their very high
costs of production.” – a phrase that usually refers to the cost of paying
employees; therefore, by encouraging privatization as a means to lower
SOEs’ costs and improve efficiency, the Bank is supporting the laying off of
high numbers of workers. Foreign firms investing in SOEs will likely cut costs
by reducing the number of employees, thus perpetuating unemployment in
Iraq.

The Bank admits in the Joint Needs Assessment that privatizing the SOEs
may be extremely damaging to Iraqi society: “The social impact of closing
SOEs, which are over-staffed but currently employ approximately 10 percent
of the workforce, needs to be a key consideration.” Therefore the Bank insists
that it is “focused on preserving employment,” and will require “appropriate
severance packages for workers.” There is little concrete indication, however,
of a plan for creating sustainable longer-term employment for these workers.

In the pursuit of privatization, the Bank is ignoring the devastating effects of
unemployment in Iraq, which now stands at more than 70 percent. The war-
torn Iraqi economy is unable to absorb the former SOE employees. In
addition, the U.S. has failed to fulfill its promise to employ 250,000 Iraqis,
increasing job insecurity in Iraq. The Bank’s recommendations to privatize
the SOEs and increase unemployment will severely inhibit Iraqi social welfare
and economic security.

The World Bank also endorses the privatization of the national banks and
reform of the banking system. Iraq has two national banks, the Rafidain and
Rasheed Banks. Acting on World Bank advice (according to the Joint Needs
Assessment), the CPA enacted banking laws that aspired to “fully opening
investment in Iraq to international banks and raising requirements on local
banks for higher capital requirements with an intention to reach international
standards.”

The CPA’s order Number 40 allows for of 50 percent foreign ownership of
Iraqi banks, which means that foreign investors may be able to dominate the
key banking sector in Iraq. Also, with higher capital requirements, which
could imply a wide range of restrictions such as maintaining a minimum level
of reserves on site or a minimum amount in shareholder equity, local banks
will most likely fail to meet the requirements and be bought up by foreign
investors. Capital flight will also result from foreign ownership of Iraqi banks,
and the much-needed capital will probably not be available to Iraqi citizens. In
the end, the privatization of SOEs and banks reinforces foreign control of the
Iraqi economy.

The World Bank has provided the framework for the U.S., and other favored
countries such as the U.K., to effectively dominate the Iraqi economy and
impede Iraqi economic development, democracy, and local investment. The
World Bank’s powerful position in Iraq will make it the next link in a chain of
countries that have been have been first destroyed by conflict, and then
further ravaged by ”expert” economists and the practitioners of market
fundamentalism. The Bank’s legacy of empty and broken promises virtually
ensures that vulnerable Iraqis will endure more privation and poverty, just as
their counterparts in other post-conflict countries like Sri Lanka and in
“transition” economies like Moldova and Russia have experienced.

1:35 AM  
Anonymous templar knight said...

I think we have a "winner" for the "cut and paste" contest, Jim.

Why didn't you let the rest of us know about the "cut and paste" contest, Jim? I had an entry entitled, "What causes stupid Leftists to cut and paste idiotic entries on blogs"?

I just know in my heart it would have been the winner.

7:07 AM  
Blogger Bob, St. Louis said...

Does anonymous even have a point above? Sorry I'm too lazy to wade through all that crap to see.

2:06 PM  
Anonymous Anonymous said...

"What causes stupid Leftists to cut and paste idiotic entries on blogs"?

"Does anonymous even have a point above? Sorry I'm too lazy to wade through all that crap to see."

4:42 PM  
Anonymous Anonymous said...

"What causes stupid Leftists to cut and paste idiotic entries on blogs"?

"Does anonymous even have a point above? Sorry I'm too lazy to wade through all that crap to see."

EXACTLY what I expected from you brain dead idiots. Not a single comment arguing anything said, none of you read anything and refuse to re-think your ignorant emotionally satisfying opinions.

4:45 PM  
Anonymous templar knight said...

Frankly, I read as much as I could before having to puke. That was about the third paragraph.

Do you think you had some sort of revelation there, buddy? I didn't have to read it all, because it is the same crap you see every day on Kos, Indymedia, Atrios or just about any other 'roon drinking site. If I want to read moonbat, I go to firedoglake, and read what the dopers have to say there. I sure don't want to read it here. Now off with you to the cow patch to search for some more mushrooms.

5:41 PM  
Blogger rodrigogard said...

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