Blood and oil: How the West will profit from Iraq's most precious commodity

[sodenoue]

http://news.independent.co.uk/world/middle_east/article2132574.ece

The 'IoS' today reveals a draft for a new law that would give Western oil companies a massive share in the third largest reserves in the world. To the victors, the oil? That is how some experts view this unprecedented arrangement with a major Middle East oil producer that guarantees investors huge profits for the next 30 years


So was this what the Iraq war was fought for, after all? As the number of US soldiers killed since the invasion rises past the 3,000 mark, and President George Bush gambles on sending in up to 30,000 more troops, The Independent on Sunday has learnt that the Iraqi government is about to push through a law giving Western oil companies the right to exploit the country's massive oil reserves.

http://news.independent.co.uk/world/middle_east/article2132574.ece

INTERESTING NOTE:
"The largest beneficiary of reconstruction work in Iraq has been KBR (Kellogg, Brown & Root), a division of US giant Halliburton, which to date has secured contracts in Iraq worth $13bn (£7bn), including an uncontested $7bn contract to rebuild Iraq's oil infrastructure. Other companies benefiting from Iraq contracts include Bechtel, the giant US conglomerate, BearingPoint, the consultant group that advised on the drawing up of Iraq's new oil legislation, and General Electric. According to the US-based Centre for Public Integrity, 150-plus US companies have won contracts in Iraq worth over $50bn."

Conflicting Interests?
KBR = Bush 41
Halliburton = Cheney
Bechtel = Rumsfeld

A tree shall be know by the fruit it bears...

[malaise]

1. Murder, rape and looting continues

good old imperialism at work. One day this too will pass.

[rocktivity]

2. If you don't have time to read the article

Jim Hightower can explain it all in only two minutes.

:headbang:
rocknation

[Amonester]

3. That is, without a single doubt, the main reason for the blatant LIES

"This is an impressive crowd the have's and the have-more's. Some people call you the elite, I call you my base."

No doubt "the have's and the have-more's" mob includes themselves...

No doubt at all.

(Their crimes to "try" to quench their endless greed R a gazillion times worse than the crimes of Enron's Lay&Co, it's appalling.)

Impeach? ... Nah.... Off the table (so far...).

Sue Ken Lay? Yay. (Smoke And Mirrors...)

http://icasualties.org :cry: