Monday, May 14, 2007

Still stoopid after all these years

One would think that the free marketeers would have learned something from the utter collapse of the Iraqi economy on their watch. But nooooooo... reality must never be allowed to intrude where ideologically pure savage voodoo economic Reaganist capitalism is concerned.

When these brainless ideologues whack off, do they do it with the Invisible Hand?

Defense Skirts State in Reviving Iraqi Industry - washingtonpost.com

Paul Brinkley, a deputy undersecretary of defense, has been called a Stalinist by U.S. diplomats in Iraq. One has accused him of helping insurgents build better bombs. The State Department has even taken the unusual step of enlisting the CIA to dispute the validity of Brinkley's work.

His transgression? To begin reopening dozens of government-owned factories in Iraq.

Brinkley and his colleagues at the Pentagon believe that rehabilitating shuttered, state-run enterprises could reduce violence by employing tens of thousands of Iraqis. Officials at State counter that the initiative is antithetical to free-market reforms the United States should promote in Iraq.
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