Holden Caulfield ([info]the_pathogen) wrote,
@ 2009-11-04 08:07:00
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It really wasn't about oil.
Iraq Awards Largest Oil Deal Since ’03 Invasion
The Iraqi government has awarded the first major new oil deal since the 2003 US invasion. On Tuesday, Iraqi officials announced a twenty-year agreement with the British oil giant BP and China’s state-owned oil company to develop the Rumaila oil field. It’s the first of several oil contracts Iraq expects to sign in the coming months. BP chief executive Tony Hayward praised the deal.


If we invaded Iraq for it's oil, we did a really shitty job. People are interpreting this story differently, my take: this is evidence that we invaded Iraq to remove Saddam because we saw him as a threat to Israel. The War On Terror was a convenient excuse to invade, the start of this perpetual war. This war, that is now rallying for troops on the ground in Iran, has already crossed borders into Pakistan and several places in the Middle East, is not about oil, but has several advantages for Elites, and includes the protection of Israel.

T. Boone Pickens has been scrutinized over his comments regarding the Iraqi Oil: "They're opening them (oil fields) up to other companies all over the world ... We're entitled to it," Pickens said of Iraq's oil. "Heck, we even lost 5,000 of our people, 65,000 injured and a trillion, five hundred billion dollars." / "We leave there with the Chinese getting the oil," Pickens said. You know, I agree.

We didn't invade Iraq because of American dependency on oil, we invaded Iraq to give the people of China Iraqi oil, apparently. Democracy Civil War for Iraqis, oil for the Chinese.

Historically, this country has been pretty good about setting up puppet governments that act in American best interests. Either selling oil to the Chinese and the Brits is a good thing for Americans, or we've completely lost our ability to exploit natural resources while occupying a country. Surely, many companies are benefiting over the invasion - war profiteering is a real bitch - but if this country isn't exploiting the natural resources, then there is absolutely no advantage to this war for common Americans.

[UPDATE]Exxon, Shell Awarded Iraqi Oil Deal

In Iraq, the oil giants Exxon Mobil and Royal Dutch Shell have been awarded a contract to develop a southern Iraqi oil field. It’s first major deal for an American-led bid since the US invasion of 2003 and the latest in a series of deals awarded by the Iraqi government.


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[info]illconn
2009-11-04 07:01 pm UTC (link)
It seems like the obvious decision to allow China to have the oil. China is being groomed to take America's place. America has absolutely no value as a country, we produce nothing. The elites have no need for loyal affiliation with any one country when they can just as easily jump ship. America's been sucked dry, and fast.

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[info]the_pathogen
2009-11-04 07:44 pm UTC (link)
That's interesting - although I wonder if international elites consider China to be a good investment: traditionally (for 6,000 years) they've kept to themselves, and never fought in an international conflict, isolationists can't maintain power globally. Additionally, the Chinese government highly regulates the economy, recently in the interest of the "working class". It's interesting to speculate about the future role of China: they are, undoubtedly, about to assume a great deal of power if they continue on the same course. They're not white, and that's sort of a historical problem too.

I'm beginning to think America isn't being sucked dry as much as it's becoming more dependent upon our 1% elites (or, a Jefferson reader, 0.02% elites). Money has been changing hands over the last couple years, and it's long been understood that elites prefer a major dichotomy in economic classes, that is to say, the Elites want no middle class.

Photobucket

By removing labor jobs (like general production), the lowest classes become unemployed, and our social pyramid becomes one step smaller, as the middle class cannot depend upon the middle-management of low-income jobs.

I both agree and disagree with the idea that Elites have no affiliation with one particular country: they have historically bounced between Europe and America, bankers particularly in America and Britain. One major aspect of wealth is property investment, and although elites are free to come and go, their wealth is quite tangled to a few particular countries.

Edited at 2009-11-04 07:45 pm UTC

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