Nobody doubts that the US has a responsibility to rebuild Iraq, but US taxpayers are paying six times more than Iraqis, while Iraq banks draw new wealth from rising oil prices. We hear about public—and private—investment. Is money to be made on amusement parks? Also, NATO scolds Russia while pledging to help Georgia rebuild, and a veteran of Olympic sports coverage talks about the most exciting moments so far in Beijing—and what's to come.
FROM THIS EPISODE
At the Black Sea port of Poti today, Russian forces detained 21 Georgian soldiers and took them away bound and blindfolded. At NATO's emergency meeting in Brussels, one diplomat said, "Yes, there is withdrawal of Russian forces, but there is also reinforcement." John Miller is there for the Wall Street Journal.
John Miller, Europe Reporter, Wall Street Journal
The high price of oil has Iraq rolling in money, but much of that new wealth stays in foreign bank accounts, while the US rebuilds the country. Americans are paying six times more than Iraqis for roads, schools and power plants, as well as the refineries and pipelines for oil production. That's according to the Government Accountability Office, an arm of the Congress. With a sagging economy, how long can the US afford that kind of money? Why isn’t it more effective? Will Iraq’s oil wealth mean future profits for private investors? We talk with an American entrepreneur who's building power plants and amusement parks.
All the world knows about Michael Phelps' eight Gold Medals, but he’s not the only story at the Summer Olympics. Individual achievements and team competitions at the Olympic Games are the products of years of training. Some rivalries are historic. Alan Abrahamson, who has covered the Olympics for nine years and is now chief columnist for NBC Olympics.com, has a rundown from Beijing.
More From To the Point
Special: ‘Trump Baby’ flies over Big Ben… President Trump flies to Europe this week for meetings with NATO, the Queen and Russia’s President Putin. But the president won’t be the only Trump flying when he lands in the UK. An enormous, orange “Trump baby” balloon, complete with a diaper and cell phone is set to float just above the streets of London, for all to see. What else do British protestors have in store?
On the road to SCOTUS: Politics trumps the law Conservative Judge Brett Kavanaugh’s Senate confirmation looks highly likely, but crucial issues won’t go away. The Supreme Court may see cases involving abortion, health care and the limits of presidential power. Can Democrats use upcoming hearings to dramatize what’s at stake--before November’s elections?
Politics and ‘incivility’ One Democrat wants Trump aides confronted in public over separating immigrant families. But her party’s leaders call that “incivility.” The question is: does moderation accomplish real change -- or is it a smokescreen for the status quo? When it comes to achieving racial equality, what’s worked and what hasn’t?
Family migration and the politics of incivility Separating immigrant families at the border may be something new, but the US has never extended the “Good Neighbor Policy” to Central America. Clinton and Bush discouraged newcomers, and Obama was called, “Deporter in Chief.” We’ll provide context ignored in mainstream media coverage.
LATEST BLOG POSTS
President Trump and Russian President Vladimir Putin hold a joint news conference President Trump and Russian President Vladimir Putin sat down for a summit today in in Helsinki, Finland. This is the first stand-alone summit between the two leaders, and comes just… Read More
In Malibu, a Section 8 voucher gives one man a place to live Malibu is known for ultra luxury housing, like celebrity beach mansions and hidden canyon estates. But one homeowner recently began renting a back house to the city’s first-ever Section 8… Read More