By Ray LeMoine

How many times have we seen this same picture? Baghdad smolders after a car bombing, 9/22/08.

As the market continues its free-fall, this comes in the mail:

We hear again and again from Washington that we have turned a corner in Iraq and are on the path to victory. If so, it is a strange victory. Shiite religious parties that are Iran’s closest allies in the Middle East control Iraq’s central government and the country’s oil-rich south. A Sunni militia, known as the Awakening, dominates Iraq’s Sunni center. It is led by Baathists, the very people we invaded Iraq in 2003 to remove from power. While the US sees the Awakening as key to defeating al-Qaeda in Iraq, Iraq’s Shiite government views it as a mortal enemy and has issued arrest warrants for many of its members. Meanwhile the Shiite-Kurdish alliance that brought stability to parts of Iraq is crumbling. The two sides confronted each other militarily after the Iraqi army entered the Kurdish-administered town of Khanaqin in early September.

Peter Gailbraith reminds us in the NYRB that we’re still losing in Iraq.

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