Interesting piece on financing reconstruction in Iraq
The tail end of the piece makes a proposal of how to accomplish the task.
"Meanwhile, any plans to reorganize the Iraqi oil industry to end the state monopoly are on hold. One Pentagon source says the problem of security is absorbing all the energy the administration can muster. So we are likely to be left with the situation that has stunted the economic and political development of other oil-producing nations: Revenues will flow to the state, for use by its bureaucracy, rather than to the Iraqi people. If you want to know how well that works, you need only look to Saudi Arabia and Iran."
