Hiya Rude,
Haven't retired, just taking a break waiting for AHII.
I think the US economy will benefit from more than Iraq's oil. The entire Iraqi economy, with the exception of oil and other natural resources, will soon be open to foreign investment. Taxes will be capped at 15 percent. It will be a fire sale for those with connections to the CPA and Governing Council. Since the Iraqi industries will not be able to compete with those from the West, anything and everything of value will be snapped up and squeezed dry. The question is: how much of the profits will find its way into the US Treasury?