Byron Dorgan: “No. In fact, quite the contrary. Ambassador Bremer testified that by July of next year, they will be pulling 3 million…”

“No. In fact, quite the contrary. Ambassador Bremer testified that by July of next year, they will be pulling 3 million barrels a day out of the sands of Iraq. There is liquid gold under those sands. Three million barrels a day by next July will net them $16 billion a year in net export revenue from oil--$16 billion a year. That is $160 billion in 10 years. They can easily securitize a small fraction of that to fund all of the reconstruction that is necessary in Iraq. It can easily be done if there is a will to do it. But they will not do it if the President says: Let's have the American taxpayers do it.”