Tuesday, June 17, 2008

Foreign Companies Rushing to Invest in Iraq

We Won!

The rest of the world apparently doesn't read the U.S. Mainstream Media.

Or listen to Congressional Democrats, Harry Reid or Code Pink, either.

Companies from around the world are rushing into Iraq to do business, due to the improved security climate in that country. Over a half-billion dollars worth of investments from countries that, in many cases, didn't support the U.S. in its efforts to improve Iraq's security.

European and Asian companies are beating their American rivals into Iraq now that security has improved the investment climate, Iraq and U.S. officials say.

"It's starting to turn … and the people who are getting in on the ground floor are not American," said Paul Brinkley, the Pentagon official who is leading U.S. efforts to help Iraq rebuild its economy. "It's ironic."

Foreign companies, including U.S. investors, have committed to deals worth about $500 million so far this year and Brinkley expects at least $1 billion in foreign investment by the end of the year.

What about China, who hamstrings the USA in the United Nations every chance it gets?

Even China is reaping profits from the U.S. investment in troops and treasure in Iraq.

USA Today goes on to note that "China has also aggressively pursued the Iraqi market, selling machinery to the government and electronic products to consumers."

Why aren't we celebrating this good news from Iraq?

Or, the questions should more properly be: Why isn't the MSM celebrating the good news from Iraq?

Millions of readers know the answer to that question. Or, rather: Millions of MSM ex-readers.

Apparently, that includes the CEOs of many foreign companies.

by Mondoreb
* Foreign firms investing in Iraq
* Right Bias
* si

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