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Controversy

Critics of EO 13303 contend new debt for Iraq will accrue from the new Development Fund for Iraq. They say that it will allow opportunities for grave abuses because it offers little illuminating context and its tone suggests the language should be read quite broadly. These concerns stem from the apparent likelihood the fund will be used to leverage US government and corporate interests.

The United Nations Security Council approved Resolution 1483 on May 22, 2003, ending economic sanctions against Iraq while clearing a path for the transfer of over $1 billion from the Oil-for-Food program as seed money for establishment of the development fund. Critics are also alarmed because all proceeds from the sale of Iraqi oil and natural gas are to be placed into the fund, noting developing countries have amassed huge debts in exchange for selling out their natural resources to powerful corporations. This paradigm, they contend, cloaks corporate welfare and neocolonialism in terms of 'poverty alleviation', and now in Iraq as 'humanitarian assistance'.

 

Link: http://en.wikipedia.org/wiki/Executive_Order_13303#Controversy

 

 

Why are the IDQ deals and websites creating certificate and claims about OE 13303.  This is very misleading...  What to the GURU's have to say?  :blush:

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Controversy

Critics of EO 13303 contend new debt for Iraq will accrue from the new Development Fund for Iraq. They say that it will allow opportunities for grave abuses because it offers little illuminating context and its tone suggests the language should be read quite broadly. These concerns stem from the apparent likelihood the fund will be used to leverage US government and corporate interests.

The United Nations Security Council approved Resolution 1483 on May 22, 2003, ending economic sanctions against Iraq while clearing a path for the transfer of over $1 billion from the Oil-for-Food program as seed money for establishment of the development fund. Critics are also alarmed because all proceeds from the sale of Iraqi oil and natural gas are to be placed into the fund, noting developing countries have amassed huge debts in exchange for selling out their natural resources to powerful corporations. This paradigm, they contend, cloaks corporate welfare and neocolonialism in terms of 'poverty alleviation', and now in Iraq as 'humanitarian assistance'.

 

Link: http://en.wikipedia.org/wiki/Executive_Order_13303#Controversy

 

 

Why are the IDQ deals and websites creating certificate and claims about OE 13303.  This is very misleading...  What to the GURU's have to say?  :blush:

 

"Nothing to due with the IQD"? What is due? The rent?

 

What do the Guru's have to say?  Guru's what? What are they possessing? Plurals do not require apostrophes

 

BTW - No question marks on your questions...

 

Dude, this isn't just spelling - it's usage, using the language properly.

The way I see it, your grammar runs parallel with your post's message here - not working.

In a broad sense, the Executive order probably does cover us - whatever that means.

What we really need cover for is taxes - and I see no reason they should be paid at all on a currency exchange.

It's purely currency exchange - did I get a tax refund when I lost a thousand dollars trading in three thousand dollars for euros when I went to Europe? NO! So why should we pay taxes on any gains?

 

LOL Just trade in a tenner every once in a while...no taxes

Edited by hame55
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