2 billion versus the 87 billion of American taxpayer dollars? In the words of teenagers all over America "whatever!"
What is Christian Aid??--Some kind of commie-front BS org, I exoect.
Someone needs to find out the truth of it...otherwise this will add fuel to the "it's all about oil" conspiracy theorists' fire.
As I wrote when this article was previously posted, audits are normally conducted once a year. The auditor for this project was therefore actully appointed earlier than required. This is a non-story.
Old news.
Iraq has 25 million people. Oil is 96% of the Iraqi economy. Iraq produces 2 million bpd of oil when production is good. The price of oil over the last year has ranged from below 20 to about 40. At an average of $30 a barrel, that equals about 60 million dollars a day. With 365 days in a year, that equals about 21,900,000,000 dollars a year. If one assumes that there is some cost at producing oil, then one gets about 20 billion a year.
20 billion a year divided among 25 million people equals about 870 dollars a year per capita income.
Not very much.
These numbers are from memory, but they are fair approximations of what you'll find in the cia fact book.
I heard about this -- it's just liberal propaganda to try to deflect from the UN's Iraq Oil for Food major fraud.
Lookslike Chritian Aid is just another communist front, as the Worldwide Council of Churches or whatever their name is.
From the Chritian Aid Archives:
Christian Aid says big business must be regulated /20.08.02
Christian Aid this week launches a report showing the need to regulate multi-national companies. Internationally binding laws must be established to hold companies to human rights and environmental standards, it says.
http://www.christianaid.org.uk/news/media/pressrel/020820p.htm
And another one -- let's have a one world government to regulate that "nasty big business".
Global regulation needed to tame big business /31.10.01
Christian Aid is urging delegations heading for next week's crucial WTO summit to consider the need for a new global authority to bring corporations under democratic control.
http://www.christianaid.org.uk/news/media/pressrel/011031p.htm