Iraqis are subsidizing their occupiers and the big corporations of their occupiers
At a time when the U.S. insists that the main barriers to reconstruction projects in Iraq are terrorists who know the reconstruction will bring peace and stability, the U.S. is undermining reconstruction by allowing American corporations to take Iraqi money as compensation for lost profits as a result of the prior Iraq war.Guardian | Why is war-torn Iraq giving $190,000 to Toys R Us? by Naomi Klein (guardian.co.uk, 10/16/04) provides disturbing details.
Since Saddam was toppled in April, Iraq has paid out $1.8bn in reparations to the United Nations Compensation Commission (UNCC), the Geneva-based quasi tribunal that assesses claims and disburses awards. Of those payments, $37m have gone to Britain and $32.8m have gone to the United States. That's right: in the past 18 months, Iraq's occupiers have collected $69.8m in reparation payments from the desperate people they have been occupying. But it gets worse: the vast majority of those payments, 78%, have gone to multinational corporations, according to statistics on the UNCC website....Meanwhile, the U.S. has spent just $29 million on reconstruction projects.
But the UNCC's corporate handouts only accelerated. Here is a small sample of who has been getting "reparation" awards from Iraq: Halliburton ($18m), Bechtel ($7m), Mobil ($2.3m), Shell ($1.6m), Nestlé ($2.6m), Pepsi ($3.8m), Philip Morris ($1.3m), Sheraton ($11m), Kentucky Fried Chicken ($321,000) and Toys R Us ($189,449). In the vast majority of cases, these corporations did not claim that Saddam's forces damaged their property in Kuwait - only that they "lost profits" or, in the case of American Express, experienced a "decline in business" because of the invasion and occupation of Kuwait. One of the biggest winners has been Texaco, which was awarded $505m in 1999.
So the U.S. taxpayers have forked out $29 million for Iraqi reconstruction, much of which is actually going to Halliburton. Iraqi taxpayers have forked out $1.8 billion, $18 million of which has gone quite directly to Halliburton. Meanwhile, the Iraqis in many places have no power, safe drinking water, physical security, medicines...
Yet the corporations are making out like bandits. Which they are.
It is just amazing, how unjust this arrangement is.