U.N. santions on Iraq are still in place. Why? The threat of Saddam is over. Even France sees the light and Jean Marc de La Sabliere has proposed that the santions be lifted on Tuesday. Yep, France is siding with the USA. But the UN is not so sure that it is ready to do that. They still get 2.2% commissions on every barrel of oil sold. That's right folks while we all talk about the children in Iraq that are dead the UN made over one BILLION dollars off of the carnage. Russia also does not want to see Iraq enter the fray in full capacity. Hyper inflated oil prices has been a boon for the country And with UN Security council veto powers Russia could keep the santions in place regardless if the threat has been eliminated.
Even Simon says that people should go before profits and I agree with him on that. Once the oil for food program ends so does the money train for the UN. Oh but another reason that the UN was not to quick to want Saddam removed from power. It would put them out of the "commissions for oil" business. The Security Council of the UN should listen to the French. It would be another horrid blunder to allow this failed policy to continue. IMO
Source IBD. 4/23/2003.