Modulator

Paying for Iraq

There's a lot of material in Cheney's Meet the Press appearance today. I imagine most of it will be chewed on by one or another member of the blogosphere show I will show restraint and share just this one snippet regarding how the cost of the Iraq debacle will be paid:

But this is not a situation where, you know, it�s only a matter of us writing a check to solve the problem. Iraq sits on top of 10 percent of the world�s oil reserves, very significant reserves, second only to Saudi Arabia.

The fact is there are significant resources here to work with, and the notion that we�re going to bear the burden all by ourselves from a financial standpoint I don�t think is valid. We�ve got a donor�s conference scheduled coming up next month, where the international community will come together and pledge funds to cooperate and supported with the Iraqi operation.

Of course it was never about the oil and I look forward to hearing how much the coalition of the willing will pony up.

Posted by Steve on September 14, 2003