Quote Originally Posted by medicinal
OK, Kurdistan is in the far north of Iraq, a small corner that basically was never involved in the main part of the war. The Kurds were pummeled by Sadam and would welcome anyone who would depose him. so I'll give you the kurds.



Now on to the real Iraq, the part where all the kaos is. Tell me what good we've done there. Not trying to piss you off, but really, can't you see the destruction and killing we've done there has not helped anyone and has all but bankrupted this country,

Bandrupt? hehehe.......here we go!! Hang on, it'll be a bumpy ride for ya!

After the Iraq/Iran war Iraq accumulated a sum of $120 billion in debt in which $40 billion was owed to Arab nations. The remaining $80 billion owed to the Paris Club, private investors, countries has had "debt forgiveness" to the amount of 80%-100% since 2003. Likewise, they have also made deposits in the tune of $10 billion into U.S. banks which fullfilled the agreements worked up with the IMF. The $40 billion remaining with Arab countries are now in debate/discussion.

One of the problems is that most of this so called debt was during the Iran/Iraq war in which it was stated to be grants in aid to fight the Shiite dominate Iran. After the invasion, they began to call this loans instead. Another matter is the currency exchange rate. In that region, the exchange rates vary from .29:1 - 3.29:1. Iraqs (pre-war) exchanged devalued to a rate of 4000:1. Shortly after the invasion and the introduction of the new Iraq Dinar the exchange rate dropped to 1500:1. The CBI has been artificially holding this back and as of recent the exchange has moved again to the rate of 1325:1 and is actually being traded in Kuwait at 1175:1. Recommendations by the IMF/World Bank and in agreement with the head of the CBI and the U.S. they would like to see this rate reduced further to a 1:1 on the U.S. dollar. They say that this will curb inflation, give more dollars for exports and lessen the cost for imports. Likewise, this will fall into the criteria that was insisted by the Arab countries for the remainder of debt forgiveness on the $40 billion.
I could provide links to all this but it would be quite an adventure. Alot of this I've posted in here.....with links. Their actually coming out of a state of bankruptcy created by Saddam and Sons.


come on, put down your gun and lets talk. I gave you the Kurds, now you explain what good we are doing in the rest of Iraq.

It used to be that Bagdad had all the electrical power/clean water/sewer systems but that has changed. These services are being equally divided throughout Iraq. There is also the restoration of the wetlands in the south. A new medical training hospital in Najaf. There are many, many improvements that you don't see on the ol' gloom and doom tube.

If you come back with a low blow. I'll assume you have no answers! BTW, I love a good debate, you must have some material to debate with, if you need some from me, let me know. I can show you how we've dessimated that country, and your scary face avatar does not scare me at all! You're probably a short fat bald man~LOL~
Me and Alice Cooper are glad your not scared.
Short, fat, bald.........LOL..........6'3", not short.........255#, new crop gave me a major case of the munchies but should be back down to 245 in no time. Bald....LOL.....longer hair and thinning on top. Some call it migration, others thigh burns.

Have a good one!:jointsmile: