JIM HOFT sees surprising progress in Iraq.

On the other hand, there’s a problem with missing money from the Iraqi Defense Ministry. Rather a lot. This would seem to underscore the point, made here earlier, that corruption is a bigger threat than terrorists, long-term.

UPDATE: Here’s more good news on the terrorism front, but the corruption issue still needs to be dealt with. An Iraq that looks like Nigeria would be better than what we had under Saddam, but not as good as it ought to be.

ANOTHER UPDATE: More here.