Sporter
06-12-2006, 08:17 PM
THURMONT, Md., June 12 — President Bush proposed today that Iraq create a national fund to use its oil revenues for national projects, as part of a strategy to build loyalty to the new government of Prime Minister Nuri Kamal al-Maliki.
He made it clear that strategies to increase Iraq's oil production, from revitalizing old oil wells to rebuilding an infrastructure that he said Saddam Hussein let decay, would be at the top of the agenda on Tuesday morning when his Cabinet meets in a video conference with Mr. Maliki's newly appointed ministers.
This is not the first time that Mr. Bush and his aides have suggested that oil could be a solution to many of Iraq's problems: Before the war, Paul D. Wolfowitz, then the deputy secretary of defense, suggested that oil revenues could pay for Iraqi reconstruction. So far, that has not happened.
Let the Foreign Investments begin!:happy64:
http://www.nytimes.com/2006/06/12/us/12cnd-prexy.html
He made it clear that strategies to increase Iraq's oil production, from revitalizing old oil wells to rebuilding an infrastructure that he said Saddam Hussein let decay, would be at the top of the agenda on Tuesday morning when his Cabinet meets in a video conference with Mr. Maliki's newly appointed ministers.
This is not the first time that Mr. Bush and his aides have suggested that oil could be a solution to many of Iraq's problems: Before the war, Paul D. Wolfowitz, then the deputy secretary of defense, suggested that oil revenues could pay for Iraqi reconstruction. So far, that has not happened.
Let the Foreign Investments begin!:happy64:
http://www.nytimes.com/2006/06/12/us/12cnd-prexy.html