Politicians in Iraq Go Fishing; US Annoyed

Bonner’s Law: The quality of information declines by the square of the distance from the source.

Corollary one: The farther away you get, the clearer the picture becomes.

This week’s news told us that U.S. lawmakers were getting annoyed by their confreres in Iraq. It seems the Iraqi pols are planning to take the summer off. They’re just going fishing, we suppose.

But the news set off huffs and puffs of indignation all around Washington. “How can they think about taking a break while our boys are risking their lives to straighten that godforsaken place out?” was the gist of the complaints.

From the banks of the Potomac, the show in Iraq has a clear theme; there is even a moral to it. The Iraqis need to get their act together; it’s as simple as that. Hillary Clinton said so. In her mind, and probably in the minds of most Americans, the United States made a good-faith effort to clean up the place. We handed the Iraqis a freshly-minted democracy on a platter…a platter of U.S. dollars and military contracts, at that. But the desert tribes blew it.

And now…rather than stay at their posts and pass the necessary ‘reforms’…the weasely desert tribes’ representatives are planning to go to the beach.

Of course, if the Iraqis saw it the way the Americans do, they would have already passed the ‘reforms.’ But the picture is less clear to them; they are in the middle of it.

And here, from our Markets and Money headquarters, we have no idea what is going on in Iraq. But why not just let the Iraqi lawmakers take their vacation? They’ve probably already done enough damage.

Bill Bonner
Markets and Money

Bill Bonner

Bill Bonner

Since founding Agora Inc. in 1979, Bill Bonner has found success and garnered camaraderie in numerous communities and industries. A man of many talents, his entrepreneurial savvy, unique writings, philanthropic undertakings, and preservationist activities have all been recognized and awarded by some of America’s most respected authorities. Along with Addison Wiggin, his friend and colleague, Bill has written two New York Times best-selling books, Financial Reckoning Day and Empire of Debt. Both works have been critically acclaimed internationally. With political journalist Lila Rajiva, he wrote his third New York Times best-selling book, Mobs, Messiahs and Markets, which offers concrete advice on how to avoid the public spectacle of modern finance. Since 1999, Bill has been a daily contributor and the driving force behind Markets and Money.

Bill Bonner

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