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 Is ideological antagonism preventing investments in Kurdistan Iraq?

 Source : Renew America
  Kurd Net does not take credit for and is not responsible for the content of news information on this page

 


Is ideological antagonism preventing investments in Kurdistan Iraq? 29.8.2005
By Steven Voigt

 



Last year at this time, among other matters, I was coordinating the legal affairs of a small group of entrepreneurs who sought to invest in economic development projects in Kurdistan Iraq. After several months of planning, we tabled the investment project, because the investment consortium did not obtain sufficient capital to undertake its targeted high-end development projects.

While this particular effort is on hold for the present time, other private investment initiatives are quietly moving forward in the region. Troubling for the United States, however, foreign companies and investors are initiating many of these economic partnerships. In particular, South Korea and Germany are working hard to obtain solid corporate toeholds in Kurdistan Iraq. Nonetheless, the window is still wide open for the United States — Kurdistan is a land of emerging development opportunities, and the Kurds are eager to form international economic ties.

For example, in a recent article in a German newspaper, reporter Olivia Schoeller observed:

While bombs are exploding daily in Baghdad, the northern Iraqis are experiencing an economic boom. . . .

A glance out of the window of the Director General for Finance of the Kurdish regional government shows how far the future of Kurdistan has already flourished: around the Ministry of Finance, as in many places in the city, buildings are shooting up. Apartment buildings, offices, warehouses, it looks as if everywhere in Erbil is under construction. . . .

To the Kurds the region is Kurdistan, liberated Kurdistan, as most residents call it today. Liberated from Saddam Hussein and years of oppression. Liberated from the religious constraints of the Islamists and seemingly ready for a new future that goes much further than the older generation can even imagine.

. . . the Kurds are experiencing a regular boom. Not only is Erbil under construction, but also in Dukan new roads are springing up, and in many villages vacation homes are being built.[1]


In recent days, I spent some time reflecting upon the reasons why our investment consortium did not (as yet) attract sufficient capital. Investments in Iraq — even the more stable northern region — entail obvious risks, but risk was not the problem. In my opinion, the investors faced three ideological hurdles. All are unfortunate observations about America's political climate.

The First Obstacle — Political Ideological Prejudice in Media

First, the majority of elites who control big media harbor contempt for President Bush. As a consequence, the media skews most of its coverage of Iraq, almost gloating over any setback.

In an editorial last fall, I observed that big media is missing most of the positive stories in Iraq. Instead of writing about new schools and enterprises, instead of reporting about Kurdish children who are full of hope and smiles and who no longer fear Saddam Hussein, instead of writing about my cousin and others who are serving in Iraq and have great optimism about our efforts there and the future of Iraq, day after day, our media slaps together stories about roadside bombs and terrorists. Granted, Iraq is a dangerous place, but there are hundreds of positive stories that are never aired for every negative one presented.

Unfortunately, this partisan media coverage has harmed efforts to get investment dollars into Iraq. Since people see only wreckage from bombs on the six o'clock news each night, it is no mystery why finding venture capital for Kurdistan is extremely difficult.

The Second Obstacle — Political Ideological Prejudice in Business

As with big media, liberal relativists increasingly control the social and political strategy of big corporations. If you assume that business is a haven for conservatives, think again.

In his recent book, It Takes a Family, Senator Rick Santorum caused a stir when he observed that the "village elders in academia, government, and business . . . the Bigs in their industries . . . are committed liberals."[2] In my opinion and experience, Santorum is absolutely correct.

To the liberal relativists who are seizing corporate policy, giving to the ACLU and Planned Parenthood is "inclusive." Broach with these folks the idea of giving to Focus on the Family, The American Center for Law and Justice, or Prison Fellowship Ministries, however, and you would likely be met with a stern glare and silence. After all, these family friendly causes are "divisive" in our progressive society.

Don't believe me? Open up your company manual. Find out the causes which your company "matches" employee donations. You may be surprised.

Take a gander at the causes that the company itself has supported in recent years. You may be surprised.

As a consequence of the left-wing thought police running the show in big corporate America, again, it is no surprise that few companies would consider putting even one dollar into Kurdistan. Forget economics. Forget business strategy. To the left, it's all about politics.

The Third Obstacle — Antagonism to Faith

The third obstacle facing the investment consortium was the investors' openness with faith. The consortium consisted of a rarity in today's left-leaning corporate society — Christian business executives and entrepreneurs with worldviews who are unafraid to admit, and to live by, their faith. Why was this an issue? Today, in much of corporate America, particularly in large northeastern cities, it is socially unacceptable — even damaging to your career — to openly hold Christian values and beliefs.

A liberal legal acquaintance recently opined, "the modern, progressive world has passed right by people who are open with faith." Needless to say, such prejudice is prevalent and it can be frustrating. Many self-avowed "open-minded" liberals are simply unable to bring themselves to work alongside Christian conservatives. I have little doubt that such prejudice harmed the consortium. To left-wingers, "Christians can be sooooo embarrassing!"

As I see it, the views of the individuals in the investment consortium are far from outmoded — far from "passed right by." The individuals were nobly led by a sense of Christian responsibility. If they merely sought profit, they could have dumped the investment money into mutual funds.

Yet, as Christians with knowledgeable worldviews, these individuals were moved by the Kurds' commitment to safeguard the free expression of religion — a society where both Christians and Muslims are free to exercise their faiths. The group was also inspired by the Kurds' unyielding determination to simply survive amidst Saddam Hussein's decades of chemical bombs and artillery shelling. In addition, the investors understood the biblical significance of the region.

Yes, there was financial risk. But for the investors, all of these other considerations drove the deal and made risk a non-issue.

Stepping back to see the Big Picture — Is it the Big Elites versus Faith?

This experience has sharpened my senses to the general manner in which conservative and faith-based causes are ostracized in today's corporate America. Obviously, entrepreneurs interested in the emerging Kurdistan market need not be conservative. They need not be Christian. Nonetheless, since I was working with Christian conservatives, I had a chance to step back and take notes. The picture is not a pleasant one for believers.

In part, prejudice against faith exists because blue states suffer from a paucity of Christian role-models, leaders, and statesmen who are open about faith and unafraid to champion faith-based and conservative causes. Here is politician Howard Dean's view on religion: "People in the Northeast don't talk about their religion. It's a very personal, private matter . . ."[3] Gee wiz, faith isn't a disease, Howard.

In big northeastern cities, the faithful are a silenced majority. Secularist left-wing lawyers and activists have cowed the faithful into guilt-ridden inaction. In Two Cities Two Loves, Christian Responsibility in a Crumbling Culture, James Montgomery Boice comments, "I would argue that the greatest challenge to a serious Christian witness today is to establish an evangelical presence in the world's cities."[4] Even though Boice was outlining a plan to combat drug abuse, crime, and similar problems in big cities, I would argue that Boice's words apply as much to a big city's white collar offices as they do to its dangerous alleyways. Liberal relativists in big city offices who support rabid left-wing causes are doing as much or more to harm the moral fabric of America than any drug dealer or criminal on the street.

Christian brothers and sisters, our mission work tends to focus abroad. While there is need for our help abroad, we do not need to travel to distant lands to do God's work. The antagonism to faith that exists in media, business, and law indicates that our own cities here in America also cry out for help. For me, my experience with the investment consortium cemented this view in my mind. To change the world, we can begin with our own spheres of influence — our family, friends, neighbors, colleagues, and communities.

With humble confidence, prayerfully go forward into the world, help people, and do good works.

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