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Some Europeans are clearly suspicious that Bush is already gearing up to attack Iran. And when Bush passionately denied that yesterday - but then immediately said he couldn't rule anything out, either - the audience at the European Union's headquarters literally laughed out loud.
Smiles Belie Fault Lines
President Bush, working to push U.S.-European relations beyond the period of divisiveness over Iraq, hailed NATO's modest pledge to help train security forces there, saying "every contribution helps."
Europe: Bush hails NATO support for training of Iraqi security forces
Amid the smiles, the backslapping and cheerful joint statements coming out of President Bush's European trip, some troubling international fault lines are also coming into focus:
• In an overt show of teeth, Bush expressed "deep concern" over Europe's plan to lift the arms embargo against China, warning that any action that could threaten Taiwan might enrage the U.S. Congress.
• And Bush meets tomorrow with Russian President Vladimir Putin, who by some accounts is prepared to respond to any further criticism of his rollback of democratic institutions by raising his own concerns about American torture of Iraqi prisoners - and Bush's own contested 2000 election.
Smiles Belie Fault Lines
In Beijing on Tuesday, Chinese Foreign Ministry spokesman Kong Quan said that abolishing the "erroneous and outdated measure" would help move forward China-EU relations. "We hope the U.S. side will follow the trend set by China-Europe relations instead of setting any obstacles to this process," he said.
Europe: Bush hails NATO support for training of Iraqi security forces
...before the fires from the “shock and awe” military onslaught were even extinguished, Bremer unleashed his shock therapy, pushing through more wrenching changes in one sweltering summer than the International Monetary Fund has managed to enact over three decades in Latin America.”
...In his first major act on the job, Bremer "fired 500,000 state workers, most of them soldiers, but also doctors, nurses, teachers, publishers, and printers. Next, he flung open the country’s borders to absolutely unrestricted imports: no tariffs, no duties, no inspections, no taxes. Iraq, Bremer declared was “open for business,”
Before the war, Iraq’s non-oil-related economy consisted of 200 state-owned companies, that produced everything from cement to paper to washing machines. In June, Bremer attended an economic summit in Jordan and announced that the firms would be privatized immediately. “Getting inefficient state enterprises into private hands,” he said, “is essential for Iraq’s economic recovery,"
In September, to entice investors to buy the state-owned companies, Bremer enacted a new set of laws. For example, Order 37 lowered Iraq’s corporate tax rate from roughly 40% to a flat 15%. Order 39 allowed foreign companies to own 100% of Iraqi assets outside of the natural-resource sector.
Investors could take 100% of the profits they made in Iraq out of the country. They would not be required to reinvest and would not be taxed. Under Order 39, they could sign leases and contracts that would last for forty years. Order 40 welcomed foreign banks to Iraq under the same favorable terms
Source
Originally posted by soficrow
Russia's Putin intends to remind Bush that his record is not so great either, "by raising his own concerns about American torture of Iraqi prisoners - and Bush's own contested 2000 election."
Originally posted by dubiousone
"Democracy Quest"? Sounds like the middle age crusades!
Originally posted by LazarusTheLong
word to bush: listen to the bright, reasonable ones, not the greedy, rich ones... and you might just be a positive mark in the spotlight of history...