as President Bush is so fond of saying, help is on the way. Let me read from the Wall Street Journal of yesterday: A consortium of 13 international banks, lead by J.P. Morgan Chase and company, was chosen to lead the newly created Trade Bank of Iraq. I thought it was going to be the United States was going to get some help. No, we have J.P. Morgan and 13 international banks, and they are going to put together something called the Trade Bank of Iraq. The coalition authority that I just referred to, the 25-member coalition authority which is now in charge of finance, according to the New York Times, in Iraq created the Trade Bank to allow Iraqi ministries to begin making ``big ticket purchases abroad.'' This is all a corporate scam and the country has to wake up to the fact that we are utilizing our young men and women in harm's way in the military uniform of the United States to carry out the corporate interests of this administration, and that Iraq, if not before now, is a quicksand of corporate endeavor on behalf of profit-taking by corporations utilizing the all-volunteer force of the United States, and we have to take seriously whether or not we are going to allow it to continue.
Neil Abercrombie: “as President Bush is so fond of saying, help is on the way. Let me read from the Wall Street Journal of yesterday: A…”
On the recordSeptember 3, 2003
Source
govinfo.govEditor's note · Context
Addressing the role of international banks in Iraq during a discussion on U.S. military involvement.
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