In this morning's post I mentioned that the Bush administration was transferring funds out of Iraq. That was incorrect. Apparently they are transferring funds WITHIN Iraq. The BBC reports that the Bush administration is preparing to shift $3.5 Billion away from reconstruction and infrastructure development and towards "security," "job creation" and increasing oil production. So the Iraqis will have to make do with a antiquated and damaged electricity grid, widespread absence of safe water, under funded hospitals (big problem with over 10,000 civilian casualties per year) and damaged roads and bridges, but at least the oil will be flowing.
I might be inclined to say this is an excuse to hand over money to Halliburton but Halliburton has the contracts either way so really this is just an accounting issue to them.
BBC's analyst says this represents a major admission on the part of the Bush administration that security is a problem. However, this misses a major point here. If they are transferring the funding just now, do they really intend to ratchet up security activities right away? Or, as many are now speculating, are they waiting until after the November 2nd election to rejoin the battle for the Suni Triangle? There is widespread speculation that the Bush administration has ordered the Army and Marines to surrender large areas of Iraq to the insurgents to keep casualties down until after the election. Iraqi police and civilian casualties are not being kept down.
Wednesday, September 15, 2004
Posted by Raised By Republicans at 4:10 PM