U.S. To Give Every Iraqi $3,544.91, Let Free-Market Capitalism Do The Rest

Top Headlines


Vatican Putting Out Feelers For How Public Would React To Another Children’s Crusade

VATICAN CITY—Saying they had been giving some thought recently to the idea of sending legions of Christian boys and girls to retake the Holy Land and wanted to gauge the level of support, Vatican officials reportedly began putting out feelers Wednesday to determine how the public might react to another Children’s Crusade, much as was attempted in the year 1212.

John Kerry Scrambles To Stop Bunker’s Self-Destruct Sequence As Russian Oligarch Taunts Him From Bank Of Monitors

BOGDARNYA, RUSSIA—Working frantically to gain access to the system’s override settings at the computer terminal controlling the impending implosion, Secretary of State John Kerry scrambled to stop the self-destruct sequence of an underground bunker located thousands of feet below the Russian countryside Tuesday while oligarch Dmitry Granovsky taunted him from the numerous banks of monitors positioned throughout the facility, sources confirmed.

Islamic Awakening Inspires Man To Defect From ISIS

MOSUL, IRAQ—Telling reporters he had renounced his role as a militant and would soon be relocating in order to seek out an environment more conducive to fully devoting himself to his newfound religious faith, 24-year-old Huzaifa Quraishi confirmed Tuesday his recent Islamic awakening had inspired him to defect from ISIS.

CIA Orchestrates Coup D’État To Replace Entire Population Of Venezuela

Agency Installs Pro-American Populace Of 30 Million Venezuelan Citizens

CARACAS, VENEZUELA—Sources are confirming that the Central Intelligence Agency has orchestrated a coup d’état in the South American nation of Venezuela, toppling the country’s 30 million residents and replacing them with an entirely new, pro-American populace.

A Primer On North Korea

The Democratic People’s Republic of Korea remains largely unknown to Americans due mainly to the secrecy and isolationism upheld by its government. The Onion provides a primer on North Korea’s people and culture

‘People Are Inherently Good,’ World Halfheartedly Mutters

NICE, FRANCE—Following yesterday’s terrorist attack in Nice, France that left over 80 people dead and scores more injured, sources reported that a dazed and utterly dejected global populace halfheartedly muttered the phrase “People are inherently good” to themselves Friday.

Louvre Curators Hurry To Display Ugly Van Gogh Donor Gave Them Before Surprise Visit

PARIS—After retrieving the eyesore from amid a clutter of unused display cases and movable stanchions in the back of the facility’s basement where it had been stowed ever since the museum received it, curators at the Louvre hurried to display an ugly Vincent van Gogh painting before the artwork’s donor made a surprise visit to the museum Friday.
End Of Section
  • More News
Up Next

U.S. To Give Every Iraqi $3,544.91, Let Free-Market Capitalism Do The Rest

WASHINGTON, DC—At a Monday press conference, U.S. Defense Secretary Donald Rumsfeld announced a "change of plans" for the $87.5 billion aid package Congress approved in October: Instead of being used to fund an array of military and reconstruction operations in the Middle East, the money will be divided equally among Iraq's 24,683,313 citizens.

A U.S. aid worker distributes reconstruction funds in Fallujah.

"Yes, we had planned to do all sorts of things with that money, like repair Iraq's power grid and construct new sewers and roads," Rumsfeld said. "But then we realized that, really, there's no reason for us to rebuild Iraq's infrastructure when the forces of free-market capitalism can do it with greater efficiency."

Rumsfeld said that, while the U.S. public's desire to hasten the end of America's presence in Iraq is growing, continued insurgence against the occupation has rendered previous initiatives for political and economic recovery untenable. The situation prompted the Bush Administration to "think more creatively" about its Iraq policy.

"I assure you that our new plan for economic recovery is not only easier, it's better," Rumsfeld said. "If we simply step back and let the market do its thing, a perfectly functioning, merit-based, egalitarian society will rise out of the ashes. Probably some restaurants or hardware stores or something, too."

During the next six months, Rumsfeld said, each Iraqi man, woman, and child will receive a one-time payment of $3,544.91. On June 30, the transaction of all funds will be complete, and the sovereignty of a "brand-new, prosperous, secular, pluralistic, market-driven nation" will be handed to an as-yet-unformed government, probably one with a president and a congressional body of some sort.

"Heck, whatever form of democratic utopia comes out of this will be great," Rumsfeld said. "Why wouldn't it be? It'll be based on freedom of individual economic enterprise, and supply and demand will maximize consumer welfare."

About 100,000 citizens have already received their money, which was distributed in cash to circumvent the country's currently inadequate banking system.

The 14-member Allawi family in Tikrit received $49,628.74 Monday.

"I'm very excited," Ahmed Allawi said. "A free, unregulated market will swiftly and efficiently lead to the establishment of an array of fairly priced goods and services. Any day now, there should be something available to spend this money on. As for today, the open-air market down the street is still on fire."

Allawi was quick to assert, loudly and repeatedly, that none of his family's money was actually on his person.

A child in Basra receives his $3,544.91.

According to U.S. civil administrator in Iraq Paul Bremer, reconstruction and repair of Iraq's dilapidated, damaged, destroyed, or non-existent sewers, roads, power grids, airports, phone lines, and hospitals will be handled by the private sector, with contracts being awarded to the companies offering the most attractive bids in terms of cost and quality of service.

"Yes, there have been difficulties securing building materials for construction projects, and there have been problems with guerrillas targeting contractors—some dynamiting has occurred," Bremer said. "But such setbacks are the remnants of Saddam's regime. As of July 1, these problems will not exist. As soon as the money is handed out, we'll be able to dismantle our entire security framework."

Even the building and running of Iraq's schools will be privatized.

"I believe we've seen what state-funded education did for Iraq," Bremer said. "I can say with confidence that it's the last thing they need."

According to Bremer, as soon as capitalism brings an end to ethnic and religious tension, U.S. troops will pull out of Iraq.

Fortunately, few Iraqi government structures need to be put into place. In accepting the $87.5 billion aid package, the Iraqi Governing Council has agreed to banish all restrictions on trade, capital flow, and foreign investment.

While the original aid package included $100 million to support the writing of a constitution and the holding of national elections, the new "$3,544.91 For All" plan contains no such allotment. Bremer did, however, help the Iraqi Governing Council draft a 25-word "Iraqi Promise Of Excellence."

Bremer said returning the government to the men and women of Iraq solves one problem that had confounded his team: deciding how rule would be divided among Sunni Muslims, Shiites, and Kurds.

"Under the new system, the religious, ethnic, or political group offering the best service will naturally beat out the competition," Bremer said. "It's that simple!"

Sign up For The Onion's Newsletter

Give your spam filter something to do.

X Close