Thursday, December 15, 2011

As the USA officially leaves Iraq and returns home there will be a variety of criticisms.

It is what both the Iraqi and USA people wanted.  NATO will complain they have been left in the lerch to defend themselves, but, NATO is never satisfied unless there is a USA presence nearby.  NATO chronically feels vulnerable by their geographic location on the planet and to that end there has to be other means of security and not simply wars unending.

Wall Street has many, many plans for Iraq.  Hopefully, the people will see the benefit of developing their economy, but, if it means low wage employment such as China and India their future is not necessarily bright.  The USA is not going to be the security force for Wall Street.  If contractors want to enforce Wall Street sovereignty then Wall Street needs to pay for it themselves.

Last updated: Dec 15, 2011

World's big firms target Gulf region for growth (click title to entry - thank you)


Foreign investors are putting more than $1 billion into the region, investing in the Middle East's young and growing population despite a difficult global economy....

So, why exactly has Wall Street been sitting on its bailout?  Another China and India perhaps?

Shell plans venture to expand presence in Iraq (click here)

Dec 14, 2011

...The company is now looking to add to a string of new petrochemical projects by capitalising on the emerging feedstock source, and is undertaking a study to access the feasibility of an Iraqi venture....

This is where the Republican Tax Cuts for the wealthy are going.  This is where the Bush Tax Cuts are going, not the domestic economy of the USA.  That has to be addressed by local business ventures and a return of the independant business owner including building refrigerators, washers and dryers.

Local USA economies need to be the focus of all legislation addressing the economic problems of the USA.  An entire generation is unemployed, Wall Street is NEVER going to solve it!