Sounds like it might not be all that bad if the money is staying safely invested for now rather than thrown down a sewer.
South Koreans had problems managing their country when they were freed from the Japanese in 1945. Japanese managers had run things, at high and low levels, during their decades of occupation.
The US tried to keep Japanese managers in place, until the South Koreans could learn the ropes.
Understandably, the S Koreans did not want their former oppressors to play a role in running their free country, even if they were more proficient.
They could always use it to pay back the US Taxpayer....
You see, that is where you went wrong...
If Hillary wants to take oil profits, take those and pay us back!
I thought the eeeeeeevil Bush and Hallyburrrrrrrrton were getting all the Iraq oil $$$$.....
Here’s a thought...withhold US reconstruction monies until the Iraqis start spending their own. And, then, match them at some controlled rate...three for one or four for one, until they max out their spending, and then we’ll talk about what additional may be necessary.
At some point, this ‘nascient democracy’ needs to get off it’s duff and start taking care of its own house.