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Another example of Bush`s war profiteering.

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rhino47 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-22-05 03:28 PM
Original message
Another example of Bush`s war profiteering.
Look who is waiting in the wings like the blood sucking vultures they are.

http://www.nzherald.co.nz/section/story.cfm?c_id=2&ObjectID=10356508
Victors to get spoils of Iraq 'sell-off'

By Philip Thornton
Iraqis face the prospect of losing up to US$200 billion ($290 billion) of the wealth of their country if a US-inspired plan to hand over development of its oil reserves to US and British multinationals comes into force next year.
A report produced by American and British pressure groups warns Iraq will be caught in an "old colonial trap" if it allows foreign companies to take a share of its vast energy reserves.

(snip)
The report claims that multinationals entering the Iraqi oil business will expect high returns on any investment - and Iraq will lose between US$127 billion and US$194 billion over a 40-year period.

The world's four oil giants - BP, Exxon, Chevron and Shell - have been desperate to get back into Iraq.

* They were kicked out in the nationalisation of 1972
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NoAmericanTaliban Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-22-05 03:38 PM
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1. Thats why it should be the Grand Oil Party...
Bet that this was part of Cheney's secret engergy conference. Hope more folks here about this from the MSM.
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rhino47 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-22-05 03:49 PM
Response to Reply #1
2. Sad to say this came from new zealand .
A belated welcome to du NOAmerican Taliban. :hi:
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NanceGreggs Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-22-05 03:56 PM
Response to Reply #1
3. I read recently ...
... can't remember where, and whether it was proven fact or conjecture on someone's part, but the fact that there were maps of Iraq laid out on the boardroom table during Cheney's (still secret) energy task force meetings way back when (before 9/11, before Iraq).

So you're probably right on -- he and the boys were probably carving up the oil fields (and the potential profits) long before we ever went in.
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