4/13/07

War on Terror looks like a fraud

War on Terror looks like a fraud: It's becoming pretty clear that Iraq has been "pacified" solely for the purpose of economic aggression

"The law represents no less than institutionalized raping and pillaging of Iraq's oil wealth. It represents the death knell of nationalized Iraqi resources, now replaced by production sharing agreements, which translate into savage privatization and monster profit rates of up to 75% for (basically U.S.) Big Oil. Sixty-five of Iraq's roughly 80 oilfields already known will be offered for Big Oil to exploit."

punditman says:
No blood for oil.