6/09/2003


IRAQ CURRENCY PROBLEM. ANOTHER STUPID SCREW UP

It's not that we don't have experience with currency and occupation. We invented currency reform in Germany after WWII. We did it in Japan too. What was everybody in Washington not thinking about? We are snatching defeat from the jaws of victory with every passing day. Backing up the currency was in the top five things to do after a country is taken over. Without a stable currency everything stops.

After WWII German farmers had plenty of food to feed Germany, especially by 1947. However because the currency was not dependable the farmers refused to bring their goods into town or do anything other than feed each other. One day in December of 1947 one cow came into Frankfurt to feed 600,000 people. One day in April 1948, two weeks after currency reform, all the shops were full of food, most of it of German origin.

There is plenty wrong with whatever or whomever did not plan the occupation. Again, if the Democratic Party was a real opposition party that we had faith in, Bush would be in major political trouble.

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