Obama administration declares Iraq open for U.S. business

[IDemo]

Source: Miami Herald

By JANE ARRAF
The Christian Science Monitor

BAGHDAD -- The United States is hoping that a share of Iraqi reconstruction projects will help revive the U.S. economy and assist in reaching an ambitious goal of doubling American exports globally in the next five years.

First, however, American companies must overcome their reticence and realize that despite ongoing security problems, corruption and political paralysis, they can't afford to wait to start doing business in Iraq, a senior U.S. official leading a trade delegation here said Wednesday.

"The opportunity to create partnerships and engage is not a year-and-a-half from now or two years from now, where perhaps you'll see a continued reduction in attacks or violence. If you want to play a role here, you really have to be here now," Undersecretary of Commerce for International Trade Francisco Sanchez told reporters.

Sanchez said that Iraq could figure prominently in meeting his mandate of doubling American exports and creating new jobs.

Read more: http://www.miamiherald.com/2010/10/06/1860960/obama-administration-declares.html

[mike_c]

1. what a surprise....

:puke:

Making the world safe for American profits.

[Nite Owl]

2. Taxpayer funded wars

become corporate profits.
How many good jobs will this produce to become anywhere near worth the cost of lives and money?
Nothing can pay for those lost lives.

[Broderick]

5. no money

buys nothing

[cutlassmama]

6. It's about the oil, not just jobs.

[AlabamaLibrul]

3. "This Iraqi Highway brought to you in part by Bechtel." n/t

[RKP5637]

4. Wonder how many more business markets the US will open this way? Not a

good trend IMO.

[KG]

7. the greatest corporate welfare project in history.

[ixion]

8. LOL@ "Iraq reconstruction projects reviving the US economy"

It will do nothing of the sort, and it is irresponsible to eve make such a ridiculous statement.

[OnyxCollie]

9. With a 15% tax rate

courtesy of Viceroy L. Paul Bremer.

[Cal Carpenter]

10. How about some US reconstruction projects?

Shit.