Friday, March 18, 2005

And they said the war wasn't about oil...



Before Dubbyuh started his little adventure in Iraq, a number of folks were saying that the war was about oil. Now, it appears they were right, and that the plans were being laid as early as the spring of 2001. BBC "Newsnight", in co-operation with "Harper's Magazine" have unearthed evidence which was presented in a broadcast on 3/17/05.

The story points to a conflict between the neocons in Dubbyuh's administration, and "Big Oil" interests in league with the state department. This was essentially a conflict between the dogmatic neocons and the pragmatists in the oil industry and state. The neocons were pushing to "privatize" Iraq's oil fields in an attempt to break OPEC's back by flooding the market with oil and driving the prices down to a point that the cartel could not tolerate. This plan was given the go ahead even as Bagdhad fell. This plan helped fuel the insurgency by giving them a cause to rally supporters. "Look," they would say, "We're losing our country...our wealth...to foreigners who care nothing about what happens to us!"

This plan, however, was blocked by the oil industry which feared that the privatization of Iraq's oil fields would echo that of the Russian oil fields. In this process of privatization, US oil companies were not permitted to bid in the reserves. Instead a plan was put forth to set up an Iraqi state oil company in order to give US, and other companies access to Iraq's oil fields.

We have been lied to in every manner imaginable by the Bush administration in order to justify the war in Iraq. This should be the final nail in the coffin of this Administration and its policies. There are more than sufficient grounds for the impeachment of George W. Bush, Dick Cheney and the Bush cabinet. It's time to clean house.

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