Monday, December 17, 2007

Iraq War: Pay for Itself

An astute reader of the Star-News points out that the "war that will pay for itself" could in fact pay for itself:

"EDITOR: In the five years of war in Iraq, the media have reported on daily losses of servicemen, suicide bombers and any other mayhem.

There has been little news about rebuilding or redeveloping infrastructure. In particular there have been (few prominent) stories about the Iraqi oil fields, except for a few reports of equipment sabotage.

Now before the war, Iraq exported 2 million-plus barrels of oil per day.

What is the production status today?

The rate of 2 million barrels, at $100 per barrel yields $200,000,000 each day. That's $730 billion a year.

… That should be enough to rebuild the country and support our troops.

Why not bill Iraq for services rendered by our military to free the country from dictatorship?

The president recently asked congress for $50 billion to finance operations in Iraq. That's a small price compared to their oil revenues.

And a small price to pay for freedom.

Hank Oswald

Wilmington"

Send 'em the bill!