Does morality and integrity have any real impact in our world? Glen Reynolds of Instapundit.com has some quotes.
The biggest obstacle to economic revival is not terrorism, but corruption. For example, over a third of Iraq�s potential oil revenue is lost to corruption and theft. . . .
Iraq may be free of Saddam, but it is not yet free of the corrupt practices that allow someone like Saddam to take power, and keep it. While much is made of the terror Saddam used to keep Iraqis in line, we forget that he often used corruption, and the willingness of too many Iraqis to take the money and look the other way. The corruption has gotten so bad, especially the oil thefts, that the government is planning on firing several hundred thousand government workers. The money simply isn't there to pay them. The money, instead, is in the pockets of local criminals, or foreign bank accounts belonging to corrupt officials. Until Iraq can confront and conquer this enemy, they will not be able to enjoy the benefits of their oil wealth.
This is an endemic problem throughout much of the world (I could tell you some Nigeria stories . . .), but seems to be especially bad in Iraq.
posted at 07:15 AM by Glenn Reynolds