Unfortunate and Vile Headlines

Causing unfortunate Larry Kudlow emissions.

Blood and Money
In what might be called the mother of all surprises, Iraq's economy is growing strong, even booming in places.

Ha ha, people dying is teh funny! Nice job there John Meachem -- any more religious tripe you want to write about?

And how is this strong Iraqi economy generated? Why by all that foreign money getting dumped into the economy for things like "cell-phones" the better to allow communications amoung insurgents and blow up IED's with.

And the disgusting snide comments continue throughout the article...

Civil war or not, Iraq has an economy, and—mother of all surprises—it's doing remarkably well. Real estate is booming...

Yes, Iraq's problems are daunting, to say the least. Unemployment runs between 30 and 50 percent. Many former state industries have all but ceased to function. As for all that money flowing in, much of it has gone to things that do little to advance the country's future. Security, for instance, gobbles up as much as a third of most companies' operating budgets, whereas what Iraq really needs are hospitals, highways and power-generating plants....

...Salaries have gone up more than 100 percent since the fall of Saddam, and income-tax cuts (from 45 percent to just 15 percent) have put more cash in Iraqi pockets. "The U.S. wanted to create the conditions in which small-scale private enterprise could blossom," says Jan Randolph, head of sovereign risk at Global Insight. "In a sense, they've succeeded."

I don't know whether to vomit from anger or disgust. I guess the lives of 600,000 plus, and 1.6 million fleeing Iraqis make the half-a trillion dollar investment and 25,000 American casualties ALL THE FUCK WORTHWHILE NOW!!