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Old 02-18-2003, 12:44 PM
nicky g nicky g is offline
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Join Date: Sep 2002
Location: London, UK - but I\'m Irish!
Posts: 1,905
Default Re: Broad cross-section marches againt war

"Huge military spending creates a major drag on any country". Of course it does. I'm not defending it. My point is that the Iraqi people were much better off ecnomically with a nationalised oil industry, and that that won't be allowed to be the case after the war, when Iraqi oilfileds will be turned over to foreign oil corporations. I'm not saying that nationalising oil solves everything and should be relied on 100%, or that Saddam administered it particularly wisely. Just that it's been shown that oil-exporting countries can massively increase their people's standard of living if they retain control over the industry, and that that doesn't happen in most pro-west oil exporters,and won't happen in Iraq post-war.
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