regarding the June 30th transfer…
On economic issues, the resolution says that the interim government will control Iraq’s oil money with international supervision.
However, British officials made clear that it would not have any power over long-term oil contracts and its legislative powers would be minimal. It will have no right to make or change any security or constitutional law.
i understand that since it is only an interim govt, you might not want to give it power over oil far into the future. still, the future govt would be able to change that, if it will have any real power. we need to ask the question. deal with it directly. will, and if so when, the iraqis have complete control over their massive resource? if we gave up all claims, would it not alleviate some of the chaos? even if it would not, isnt it just the right thing to do?