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Petraeus's Ponzi Scheme They came, they saw, they... deserted. That, in short form, is the story of the recent Iraqi government "offensive" in Basra (and Baghdad). It took a few days, but the headlines on stories out of Iraq ("Can Iraq's Soldiers Fight?") now tell a grim tale and the information in them is worse yet. Stephen Farrell and James Glanz of the New York Times estimate that at least 1,000 Iraqi soldiers and policemen, or more than 4% of the force sent into Basra, "abandoned their posts" during the fighting, including "dozens of officers" and "at least two senior field commanders."

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Petraeus's Ponzi Scheme

They came, they saw, they... deserted.

That, in short form, is the story of the recent Iraqi government "offensive" in Basra (and Baghdad). It took a few days, but the headlines on stories out of Iraq ("Can Iraq's Soldiers Fight?") now tell a grim tale and the information in them is worse yet. Stephen Farrell and James Glanz of the New York Times estimate that at least 1,000 Iraqi soldiers and policemen, or more than 4% of the force sent into Basra, "abandoned their posts" during the fighting, including "dozens of officers" and "at least two senior field commanders."