Monday, September 08, 2008

Victory in Iraq! (for Iran)

With Iraq a major issue in the U$ election, McCain is trumpeting the success of the surge and looking forward to victory. But has the U$ won? It is hard to see how; this great article argues that Iran are the real winners and has the revelation that the Bu$h regime have been spying on the Iraqi government.

On the subject - an interesting point in the letter to the Guardian;

Your list of the reasons why only Britain is facing recession (The question, G2, September 4) makes no reference to the huge cost of the attack on Iraq and subsequent involvement in Afghanistan. In February the economist Joseph Stiglitz estimated the cost of the Iraq adventure as $3tn to the US and a similar cost to the rest of the world; Britain was a leading player in the use of human and financial resources. I find it interesting that virtually no one refers to the massive opportunity cost of our involvement in Iraq and its inevitable impact on the state of our economy.

Good point.

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