It was never about the oil
Iraq's massive oil reserves, the third-largest in the world, are about to be thrown open for large-scale exploitation by Western oil companies under a controversial law which is expected to come before the Iraqi parliament within days.
Here's a good line (You have to appreciate British snark):
Oil industry executives and analysts say the law, which would permit Western companies to pocket up to three-quarters of profits in the early years, is the only way to get Iraq's oil industry back on its feet after years of sanctions, war and loss of expertise.
Yep, oil industry executives say this is the only way to help the Iraqis. They're doing this for the Iraqi people's own good.
Opponents say Iraq, where oil accounts for 95 per cent of the economy, is being forced to surrender an unacceptable degree of sovereignty.
I think they've been waiting for things to "settle down" over there but that's not happening and they see that their time is running out so they're just gonna open things up now. Of course, since things aren't "settled down", these oil companies will need protection in order to extract the oil. They have two choices: 1) Hire private armies, bringing us even closer to a dystopian future where corporations are more powerful than governments or 2) Let the US army protect them, which puts our troops in the line of fire so that oil executives can have their profits (oh wait, that's been going on for years).
By fnord12 | January 11, 2007, 1:18 PM | Liberal Outrage
where's christopher hitchens now? i think he's due for a kick in the head.
didn't we invade iraq so that we could bring them our system of government? right now, corporations are our government so really, they're fulfilling their promise on that count.
they can't even keep power and water going in the country. they're going to try for the oil? they would have to pull every single soldier out of every city, let them go to shit, and station the soldiers right on the oil fields. that won't look at all like we're an outside interloper stealing what's rightfully theirs.
hearts and minds, people. hearts and minds.