It is inexcusable for U.S. taxpayers to continue to foot the bill for projects the Iraqis are fully capable of funding themselves. We should not be paying for Iraqi projects, while Iraqi oil revenues continue to pile up in the bank.”

http://www.nytimes.com/2008/08/06/wo...=1&oref=slogin
Soaring oil prices will leave the Iraqi government with a cumulative budget surplus of as much as $79 billion by year’s end, according to an American federal oversight agency. But Iraq has spent only a minute fraction of that on reconstruction costs, which are now largely borne by the United States.
The unspent windfall, which covers surpluses from oil sales since 2005, appears likely to reinforce growing debate about the approximately $48 billion in American taxpayer money devoted to rebuilding Iraq since the American-led invasion.

What did I say? I said the GOP were playing us for fools. See, it is more profitable for the oil companies if WE pay for Iraq's reconstruction, not them and not Iraqi oil

That's what I mean when I say Republicans like to privatize profits and socialize the losses.