Senatorial Asylum
And in one moment, the blogosphere rose up in massive agreement. Check out Balloon Juice's description of why the new Congressional resolution to transform some of the money being spent to rebuild Iraq into a loan, which will be forgiven if other donor nations write off their Saddam-era debt. You have to scroll down a ways, but you'll see the list of the members of the blogosphere of every political persuasion who think this is dumb.
The most charitable interpretation of this is that it gives the U.S. a card to play to get countries like France or Russia to fold up their debt claims. From a game-theory perspective, that might not be a bad plan. From a moral (or hell, a public-relations) view, it's like holding up a beat up child and saying, "Gimme back this kid's money or I'll beat it out of his hide." It's insanity incarnate. Words fail me.
Comments
Posted by: Bateleur | October 19, 2003 4:09 AM