Why We Fight (1 Viewer)

[The_Real_ElRoi]

This is the real reason for the war in Iraq and the real reason Bush wants to send in more troops. But, of course anyone with half a brain has known this all along, right?:

Blood and oil: How the West will profit from Iraq's most precious commodity

The 'IoS' today reveals a draft for a new law that would give Western oil companies a massive share in the third largest reserves in the world. To the victors, the oil? That is how some experts view this unprecedented arrangement with a major Middle East oil producer that guarantees investors huge profits for the next 30 years

Published: 07 January 2007

So was this what the Iraq war was fought for, after all? As the number of US soldiers killed since the invasion rises past the 3,000 mark, and President George Bush gambles on sending in up to 30,000 more troops, The Independent on Sunday has learned that the Iraqi government is about to push through a law giving Western oil companies the right to exploit the country's massive oil reserves.

Independent Online Edition > Middle East

 

[The_Real_ElRoi]

***UPDATE***

Here's an excerpt from a segment on DemocracyNow about the latest on how the IoS is laying the foundation for US and British petroleum companies to secure the lions share of Iraq's oil under very dubious terms:

New Iraq Oil Law To Open Iraq's Oil Reserves to Western Companies
Tuesday, February 20th, 2007
The Iraqi blogger Raed Jarrar has obtained a copy of the proposed oil law and has just translated it into English. He discusses the new law with Antonia Juhasz, author of "The Bush Agenda: Invading the World One Economy at a Time.”

In one of the first studies of Iraqi public opinion after the US-led invasion of March 2003, the polling firm Gallup asked Iraqis their thoughts on the Bush administration’s motives for going to war. One percent of Iraqis said they believed the motive was to establish democracy. Slightly more – five percent – said to assist the Iraqi people. But far in the lead was the answer that got 43 percent - “to rob Iraq”s oil.”

Well, with the four-year mark of the Iraq war less than a month away, the answer may come into clearer view. After a long negotiation process involving US officials, the Iraqi government is considering a new oil law that would establish a framework for managing the third-largest oil reserves in the world.

What would this new law mean for Iraq? With me now from Washington DC is Raed Jarrar - He is the Iraq Project Director for Global Exchange. He has obtained a copy of the proposed oil law which he translated from Arabic and posted on his website. And Antonia Juhasz is on the phone with us -- She has written extensively about the economic side of the US occupation of Iraq and is the author of the book, “The Bush Agenda: Invading the World One Economy at a Time.” Antonia is a Tarbell Fellow at Oil Change International.

AMY GOODMAN: With me now in Washington is Raed Jarrar. He is the Iraq Project Director for Global Exchange, and he has obtained a copy of the proposed oil law, which he translated from Arabic and posted on his website, raedinthemiddle.blogspot.com. Antonia Juhasz is also with us on the telephone. She has written extensively about the economic side of the US occupation of Iraq and is author of the book, The Bush Agenda: Invading the World One Economy at a Time. Antonia is currently a Tarbell Fellow at Oil Change International. We welcome you both to Democracy Now!.

Raed Jarrar, first, how did you get this document?

RAED JARRAR: The document was leaked by Professor Fouad Al-Ameer and published on a website called al-ghad.org. And then it was leaked to other important websites like niqash.org and other places. There are different ways of -- different copies of it. Some of it are scanned, and others of the original document, but it just hit the internet last week.

Democracy Now! | New Iraq Oil Law To Open Iraq's Oil Reserves to Western Companies