Monday, September 08, 2003
Freepers in shock over Bush invoice http://www.freerepublic.com/focus/f-news/977824/posts
Remember the "Iraqi oil pays for reconstrction" argument? I analyzed that fallacy back in April:
Suppose reconstruction costs $100 billion, and only takes 1 year. At $30 a barrel of oil, that amounts to 3 billion barrels (about 8 million barrels per day, or bbl/d). This is equal to Saudi Arabia's current output (and Iraq does not have anywhere near Saudi Arabia's reserves, nor the oil infrastructure to process and refine such a colossal amount of oil even if it did). In addition to the ludicrously cheap and quick estimate of the reconstruction cost and duration above, note that there is also an implicit assumption that every dollar of revenue will go to reconstruction cost, without any middlemen (which as anyone familiar with the oil industry knows, is a laughable assertion).
Back in April it was obvious that "oil pays" was nonsensical. Suddenly the media is surprised.
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Obama 2008 - I want my country back
Nation-Building was founded by Aziz Poonawalla in August 2002 under the name Dean Nation. Dean Nation was the very first weblog devoted to a presidential candidate, Howard Dean, and became the vanguard of the Dean netroot phenomenon, raising over $40,000 for the Dean campaign, pioneering the use of Meetup, and enjoying the attention of the campaign itself, with Joe Trippi a regular reader (and sometime commentor). Howard Dean himself even left a comment once. Dean Nation was a group weblog effort and counts among its alumni many of the progressive blogsphere's leading talent including Jerome Armstrong, Matthew Yglesias, and Ezra Klein. After the election in 2004, the blog refocused onto the theme of "purple politics", formally changing its name to Nation-Building in June 2006. The primary focus of the blog is on articulating purple-state policy at home and pragmatic liberal interventionism abroad.