Iraq

I hope the Iraqi's are paying attention and that they note the date for their future history books: the day when their country was auctioned off to the highest bidder. Probably to the ones who are currently so in favour with the American government.



From the Independent article:



• 100 per cent foreign ownership in all sectors except natural resources;



• direct ownership as well as joint ventures and setting up branches;



• full, immediate remittance to the host country of profits, dividends, interest and royalties.



Privatisation of everything from electricity and telecommunications to pharmaceuticals and engineering could see hundreds of previously state-owned companies sold off.



There will be a tax holiday for the rest of this year, and income and business taxes for investors will be capped at 15 per cent from next year.





I suppose, if you decide to invade a country, someone has to pay the bill... and if you are bigger and stronger than the rest, well, you will just make your victim pay the bill.

That's how all bullies operate, isnt it?