Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Asia Times - China to build power plants in Iraq. With who's dollars? Are we gonna pay for it?

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
OregonBlue Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-12-07 09:06 PM
Original message
Asia Times - China to build power plants in Iraq. With who's dollars? Are we gonna pay for it?
US loses wattage to China in Iraq
By Dmitry Shlapentokh

Recently, the US media reported what seems to be a not very important event: China is among the countries that has received contracts for building electric power plants in Iraq. Still, close scrutiny of the event revealed a lot about the nature of not so much China's but the US's foreign policy and political system, and the real state of the US economy.

The very fact that China was invited to build power stations in Iraq looks like a rather surprising development. The point is that this should be done by the Americans, who not only have the expertise but - and this should be quite an important consideration - have allocated literally billions of dollars of taxpayer money for Iraqi "reconstruction", ie, providing the country with essential services, without which, as the George W Bush administration rightly asserts, a stable government is not possible. Still, after several years of work and all the billions spent, as one Iraqi official acknowledged, little has been done to provide even such essentials as electricity.

The report added that one should not blame the US companies engaged in projects because the security situation in the country is appalling. Still, the same security situation will exist for the Chinese, and Iraqi authorities are clearly aware that transferring the assignment to non-US companies will quite displease their masters in Washington.

Still, they decided to do so because the entire experience of the American occupation demonstrates to them the extreme inefficiency of not just the US military machine - the huge dinosaur of a superpower unable to deal with comparatively poorly armed insurgents - but also of the US's economic management. And this might have much more direct implications in the long run for the American imperial presence than a military defeat

http://www.atimes.com/atimes/China/IK13Ad01.html
Printer Friendly | Permalink |  | Top
aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-12-07 09:35 PM
Response to Original message
1. Oh, honey. It ain't our money no more.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Wed May 08th 2024, 06:32 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC