Jane Galt writes in Trust in oil? about some foreseeable problems with the idea of an oil trust for Iraq. Fair enough: we certainly couldn't expect perfection to spontaneously emerge, and the more problems anticipated, the better the designed solutions can be.
But she and the libertarian repondants miss the big point: who's getting the oil money now? Is the current distribution of oil profits and revenues anywhere near as good for the Iraqi people as even a flawed oil trust would be?
It would be nice if she had included a link to the original post.