Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Palast: Blood in Beirut: $75.05 a Barrel-IT's THE OIL

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU
 
kpete Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-26-06 07:58 AM
Original message
Palast: Blood in Beirut: $75.05 a Barrel-IT's THE OIL
Blood in Beirut: $75.05 a Barrel
Published by Greg Palast July 26th, 2006 in Articles

The failure to stop the bloodletting in the Middle East, Exxon’s record second-quarter profits and Iran’s nuclear cat-and-mouse game have something in common — it’s the oil.

...........................

We are trained to think of Middle Eastern conflicts as just modern flare-ups of ancient tribal animosities. But to uncover why the flames won’t die, the usual rule applies: follow the money.

Am I saying that Tehran, Riyadh and Houston oil chieftains conspired to ignite a war to boost their petroleum profits? I can’t imagine it. But I do wonder if Bush would let Olmert have an extra week of bombings, or if the potentates of the Persian Gulf would allow Hamas and Hezbollah to continue their deadly fireworks if it caused the price of crude to crash. You know and I know that if this war took a bite out of Exxon or the House of Saud, a ceasefire would be imposed quicker than you can say, “Let’s drill in the Arctic.”

Eventually, there will be another ceasefire. But Exxon shareholders need not worry. Global warming has heated the seas sufficiently to make certain that they can look forward to a hellacious — and profitable — season of hurricanes.


more at:
http://www.gregpalast.com/blood-in-beirut-7505-a-barrel#more-1466
Printer Friendly | Permalink |  | Top
station agent Donating Member (290 posts) Send PM | Profile | Ignore Wed Jul-26-06 08:00 AM
Response to Original message
1. Follow the money
and you'll find the power... Simple method, but Palast gets closer to the truth than anyone.
Printer Friendly | Permalink |  | Top
 
babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-26-06 08:03 AM
Response to Original message
2. Dimson, working in America's best interests yet again-sigh. nt
Printer Friendly | Permalink |  | Top
 
bryant69 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-26-06 08:03 AM
Response to Original message
3. Palast is good, but he does kind of have one answer to everything
Printer Friendly | Permalink |  | Top
 
lectrobyte Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-26-06 08:06 AM
Response to Reply #3
4. Yeah, but the energy situation is the issue of our time. Do you think
we'd be in Iraq now if not for oil?
Printer Friendly | Permalink |  | Top
 
bryant69 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-26-06 08:08 AM
Response to Reply #4
6. If it wasn't for the oil, the Middle East would be like Africa
We'd just ignore it.

That said the answer to every question involving our struggles in the middle east isn't "Oil."
Printer Friendly | Permalink |  | Top
 
PuraVidaDreamin Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-26-06 08:10 AM
Response to Reply #3
7. I thank the goddess for Palast
I find his style helps me although still enraged,
deal a bit better.
Printer Friendly | Permalink |  | Top
 
Toots Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-26-06 08:16 AM
Response to Reply #3
8. Why is he good then?
It is apparent to almost all who think about it that this is all about oil. Maybe you meant his writing style and not his material? :shrug:
Printer Friendly | Permalink |  | Top
 
IDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 07:56 AM
Response to Reply #3
15. Palast isn't real keen on the issue of Peak Oil
Printer Friendly | Permalink |  | Top
 
Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-26-06 08:06 AM
Response to Original message
5. I inherited oil stock
Edited on Wed Jul-26-06 08:06 AM by Warpy
so every gun that fired in anger makes me a little richer.

I hate this.

I would far rather be considerably poorer in a peaceful world.
Printer Friendly | Permalink |  | Top
 
RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-26-06 09:11 AM
Response to Reply #5
10. Nothing is stopping you from selling them

I have no problem with my dividends or my royalty checks.
Printer Friendly | Permalink |  | Top
 
RufusEarl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-26-06 09:08 AM
Response to Original message
9. Just finished reading Armed Madhouse,
I know i'm late but it was a good read. It also answered my question why Gov. Richardson was always on cable news shows.

I enjoy his writing style, very fluid and funny. He may be hung up on oil, but he's probably right, it's the money stupid.
Printer Friendly | Permalink |  | Top
 
DemReadingDU Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-26-06 08:13 PM
Response to Original message
11. K&R
Printer Friendly | Permalink |  | Top
 
LibertyorDeath Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 01:02 AM
Response to Original message
12. You mean it's not about "security"
but the talking heads say it's about security.


Greg tells it like it is.

Bravo to Palast!

K&R

Printer Friendly | Permalink |  | Top
 
FairVotes4all Donating Member (139 posts) Send PM | Profile | Ignore Thu Jul-27-06 01:22 AM
Response to Original message
13. You mean these wars are not about security or even Tribal rights?
I'm positively shocked! :sarcasm:
Printer Friendly | Permalink |  | Top
 
Vitruvius Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 05:45 AM
Response to Original message
14. For Israel, it's about the WATER -- see "Indiana Green's" thread at
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Wed May 08th 2024, 01:55 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC