MaxedOutMama
Saturday, November 20, 2004
Debt Relief for Iraq
Bloomberg reports that an agreement on forgiving 80 percent of Iraqi's debt run up under Saddam Hussein has been reached. The US had been pressing France and Germany for 90 percent. Is it a coincidence that this agreement was concluded right after the election? M.O.M. reports, you decide. NPR has been covering this story, by the way - you're not stuck with me!. Before allowing these governments to conclude new contracts Allawi and the US wanted to get a reasonable deal. The debt run up under Saddam Hussein was due to some very questionable agreements, or so National Public Radio, that bastion of BusHitler wingnuttery, was reporting.
