Site BLOG PAGE🔎 SEARCH  Ξ INDEX  MAIN MENU  UP ONE LEVEL
 OJB's Web Site. Version 2.1. Blog Page.You are here: entry254 blog owen2 
Blog

Add a Comment   Up to OJB's Blog List

As I Suspected

Entry 254, on 2005-11-23 at 15:39:12 (Rating 5, Politics)

According to a report I read at BBC News today, it looks like the Americans and British are intending on sharing the spoils of war by taking over Iraq's oil production. The Iraqis are likely to lose up to US$200 billion in the "deal" if it goes ahead. Many people suspected the main motivation for the war in Iraq was control of oil, and this certainly appears to confirm that theory.

The new Iraqi constitution allows increased foreign investment to help exploit the huge reserves there. Apparently the deals were already being negotiated before the law was even changed. And British and American interests have been pressurising the Iraqi administration into making the changes they wanted. So who still thinks the new government is free and independent?

So how can anyone find this acceptable? Apparently its OK for bullies like the US to invade any country based on fictitious evidence, destroy their infrastructure and production capability, then take it over themselves for the benefit of their own big corporations. It really makes you wonder who the bad guys really are. Actually, I know the answer to that, the bad guys are the huge multinational corporations and the corrupt politicians who work for them.


Comment 1 (153) by George on 2005-12-02 at 09:51:34:

Don't you think the new Iraq government is better than the old one? They should be happy we have saved them from a dictator. The companies are just helping to develop the oil reserves - that's the way foreign investment works.

Comment 2 (209) by OJB on 2006-06-16 at 13:17:48:

Well, like everything else, this isn't a black and white issue. There are good and bad points to foreign investment. Losing $200 billion and control of your own natural resources would be fairly major factors on the negative side, I would have thought!


You can leave comments about this entry using this form.

Enter your name (optional):
Enter your email address (optional):
Enter the number shown here:number
Enter the comment:

To add a comment: enter a name and email (optional), type the number shown, enter a comment, click Add.
Note that you can leave the name blank if you want to remain anonymous.
Enter your email address to receive notifications of replies and updates to this entry.
The comment should appear immediately because the authorisation system is currently inactive.

I do podcasts too!. You can listen to my latest podcast, here: OJB's Podcast 2024-08-22 Stirring Up Trouble: Let's just get every view out there and fairly debate them..
 Site ©2024 by OJBWeb ServerMicrosoft Free ZoneMade & Served on Mac 
Site Features: Blog RSS Feeds Podcasts Feedback Log04 Nov 2024. Hits: 49,834,196
Description: Blog PageKeywords: BlogLoad Timer: 13ms