Just Foreign Policy Iraqi Death Estimator    

Sunday, January 15, 2006

Just hearing them actually SAY IT still makes me ill.


'Marshall Plan' for Iraq Fades

Once the $18.6 billion for reconstruction is spent, the nation might have to rely on private investment. 'No pain, no gain,' a U.S. official says.

By Doug Smith and Borzou Daragahi, Times Staff Writers
Link here

BAGHDAD — After more than 2 1/2 years of sputtering reconstruction work, the United States' "Marshall Plan" to rebuild this war-torn country is drawing to a close this year with much of its promise unmet and no plans to extend its funding.

The $18.6 billion approved by Congress in 2003 will be spent by the end of this year, officials here say. Foreign governments have given only a fraction of the billions they pledged two years ago.

With the country still a shambles, U.S. officials are promoting a tough-love vision of reconstruction that puts the burden on the Iraqi people.

"The world is a competitive place," Tom Delare, economics counselor at the U.S. Embassy, said this month during a news briefing. "You have to convince the investor that it is worth his while to put his money in your community."

An embassy spokeswoman later said that the Bush administration was not abandoning the Iraqi reconstruction effort. It "remains committed to helping build Iraq and continues to assess needs on the ground," she said. No decisions on future funding requests have been made, she said.

Continues...


--It IS as bad as we had all hoped it wasn't.

WHERE IS ALL THE MISSING MONEY..???

WHAT DID THIS NATIONS CHILDREN DIE FOR ???---

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