Thursday, September 06, 2007

The Free Market Insurgency

Charles P. Ries is the US Coordinator for Economic Transition in Iraq. There was a news conference earlier this week in Baghdad with him and White House operative Kevin Bergner, Multi-National Force-Iran spokesman (position forthcoming). Here's one part of the discussion, attributed to Ries --

The Iraqi government will make the final decision on privatizing electrical services, but in Baghdad many citizens currently receive their power from private generators on a cost sharing basis.

Good news from Iraq: the public electricity network is trashed, so everyone has to buy power from local private generators, meaning that a privatized supply is already up and running. Did the terrorists know what a boost they would give to privatization when they carried out their dastardly acts?

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