Townhall question for Obama: why did three US senators boot Iraqi oil to China?
Tuesday, October 7, 2008 at 9:10AM
Sen. Barack Obama often contrasts the billions in reserve in Iraqi revenues with what the war costs the U.S. But not a single reporter has asked the senator about a key economic decision on Iraq by some of Obama’s staunchest supporters, a decision that might have strengthened Iraq’s economy as well as our own. I’m not the only one who wants an answer. Frederick W. Kagan, a resident scholar at the American Enterprise Institute and a contributing editor for a conservative magazine, said members of Congress wanted answers too. Kagan testified recently about Iraq before the House Budget Committee. Kagan said members asked a question: “Why, after all the assistance we've given to Iraq over the past five years, was the first major Iraqi oil deal signed with China and not with an American or even a western company?”
