US investors may soon begin to own chunks of Iraq's national oil co

[G_j]

-->>Antonia Juhasz says that if all goes according to
the Bush plan, American investors and companies will
soon begin to own chunks of Iraq's national oil company.

http://www.alternet.org/waroniraq/21100/

Of Oil And Elections

By Antonia Juhasz, AlterNet. Posted January 27, 2005.


Remember when we used to talk about how the war in Iraq was about oil? Remember the banners that read "No blood for oil?" Oil has fallen out of the discussion lately, but it's time to bring it back in light of the Iraqi elections scheduled for this Sunday.

To refresh our collective memory, President Bush himself declared just before the invasion of Iraq that, "Our jobs, our way of life, our own freedom and the freedom of friendly countries around the world would all suffer if control of the world's great oil reserves fell into the hands of Saddam Hussein."

This was Bush Sr., speaking in August 1990, on the eve of the first Persian Gulf War.

More precise are the words of Chevron CEO Kenneth T. Derr speaking in San Francisco in 1988: "Iraq possesses huge reserves of oil and gas — reserves I'd love Chevron to have access to." After two wars and one occupation, Derr may finally get his wish.

..more..

[liberal N proud]

1. That is what the war is all about in the first place

So now we are starting to get somewhere! In the bush regimes terms of meeting goals.

[cthrumatrix]

2. I thought the "shrub cabal" kept saying the oil fields belonged to IRAQ

[acmavm]

3. bush**s plans have a way of going belly up. The Iraqi people may not

be all that agreeable to American ownership of their ONLY asset. So far it seems that they've taken offense to most of what we've done to their country and people. This may just not work out as well.

[MSgt213]

4. This is because the Iraqis really appreciate we did for them and no

other reason. Right?

[LynnTheDem]

5. Now why does that headline not surprise me... and the rest of * sentance;

"So why should We the Haves and Have-Mores suffer at all! WE'LL control it all!"

[izzie]

6. I am going to stick to the seed companies.

Every one has to have food and if the farmers in Iraq must now buy their seeds from the USA and by law can not save their seeds to replant, I think that is a better bet. You can always walk but you do need to eat.

[ClintonTyree]

7. These people are very mistaken................

if they think there will EVER be a time when Iraq's oil reserves will be their's for the taking. Iraq will never be the Democratic haven Bush "believes" it will be. You see, Bush believes, he seldom thinks. If, for two minutes, he and his neo-con pals would THINK about what form of government is going to emerge from this cluster fuck in Iraq, they'd start BELIEVING that it isn't going to have the interests of the US in mind when the dust finally settles.
These greedy pricks have all been lured into Bush world believing. In that world, believing makes it so. In reality, that's one of the stupidest policies ever dreamed up.
There are believers and there are thinkers. Bush etal. have traded rational thought for belief. Listen to these numbskulls as they talk about these situations. It's always, "I believe", or "we believe". Like believing makes it so. That's why they're so cocksure of everything they do, because they "believe".
Corporate America is starting to act just like them, they've swallowed the Kool-Aid as well. They're starting to 'believe".
Well "believe" me, there's not going to be one dime made by the jackals after the war, because the war's never going to end. And ANY form of government that does arise in Iraq isn't going to kowtow to Bush and his "believers".

[McKenzie]

8. "Our jobs, our way of life, our own freedom..." etc

absolutely. Saddam was using euros for oil transactions. If other nations had followed suit, the effect on the dollar would have been precisely the effect, on the US at least, that ** claimed. Economic meltdown. So Saddam just had to go in case the fever spread.

The oil is being sold again in dollars so it's mission accomplished.

That's what the neocons wanted.

Now Iran is looking to cut the dollar out of the loop...

edit: some text added