Wealth distribution?

[MunnyBaggs]

http://www.csmonitor.com/2003/0916/p09s01-coop.html

[CashMan]

That's why they (Iraqi politicians) checked out how Alaska set up the Permenant Dividend. So every one can reap rewards from oil revenues. :wave:

[garryzeno]

That's why it's frustrating to hear Constitution reports from the media. They have never talked about this Wealth Distribution.

Just like this morning, VOA reported a 48 year old Thai man died of Bird Flu from handking and EATING diseased birds. Any WHO official will tell you, even infected birds, if fully cooked, will not pass the didease.

MEDIA HYPE and SCARE TACTICS at its best!

Sad :crying:

GO DINO!!!:)

[icarusII]

IRAQI AND INTERNATIONAL EXPERTS CALL FOR COMPREHENSIVE STRATEGY FOR MANAGING IRAQ'S OIL
July 2005
http://www.iraqrevenuewatch.org/reports/073105.pdf

"The State of Alaska’s oil fund makes direct dividend payments to households. Many participants suggested that Iraq should not follow Alaska’s example. They cited a number of reasons. First, an Alaska-type solution assumes that a country has functioning public services and a working health-care system; Iraq has none of these. Second, Iraq’s significant deficit would worsen if dividends were disbursed from the oil fund. Third, an Alaska-style solution might produce a reduction in funds needed for reconstruction."

Icarus

[JASONTL]

For three years, Robert Miller of the ZOR Foundation has advocated establishing an Iraqi National Oil Trust, which would share oil profits directly with Iraqi citizens. Miller, who lives in Winter Springs, Fla., understands Iraq. In 1964, he graduated from Baghdad's Al Hikma University.

At the global issues forum, Miller said Alaska's oil trust is a good model, but Iraq pioneered the concept. In 1950, Iraq's parliament created an autonomous board that dedicated oil revenues to future economic development. However, Miller said, "powerful political interests at the time sought to control Iraq's oil wealth for their own political purposes." The government altered the program and placed control with the Ministry of Finance.

Miller would establish a new Iraqi National Oil Trust by national referendum — meaning the trust could only be "changed or undone by another national referendum." Miller's trust would dedicate 50 percent of oil profits to national reconstruction, 20 percent to education and 10 percent to government administration. The other 20 percent would swell the personal pocketbook of every adult registered voter in Iraq. Based on the production of 3 million barrels a day at $50 a barrel, that guarantees every Iraqi adult about $680 a year.

http://www.mysanantonio.com/opinion/columnists/abay/stories/MYSA102205.02O.bay.21412adc.html