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Reply #3: Here's a compelling argument that Bush* got exactly what he wanted [View All]

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BrotherBuzz Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-31-05 04:18 PM
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3. Here's a compelling argument that Bush* got exactly what he wanted
Edited on Mon Jan-31-05 04:30 PM by BrotherBuzz
http://www.globalexchange.org/campaigns/oil/2805.html

Of Oil And Elections

If all goes according to the Bush plan, American investors and companies will soon begin to own chunks of Iraq’s national oil company.

http://www.globalexchange.org/campaigns/oil/2805.html

January 27, 2005

By Antonia Juhasz,

<snip

It turns out that Abdel Mahdi is running in the Jan. 30 elections on the ticket of the Supreme Council for the Islamic Revolution (SCIR), the leading Shiite political party. While announcing the selling-off of the resource which provides 95 percent of all Iraqi revenue may not garner Mahdi many Iraqi votes, but it will unquestionably win him tremendous support from the U.S. government and U.S. corporations.

Mahdi's SCIR is far and away the front-runner in the upcoming elections, particularly as it becomes increasingly less possible for Sunnis to vote because the regions where they live are spiraling into deadly chaos. If Bush were to suggest to Iraq's Interim Prime Minister Iyad Allawi that elections should be called off, Mahdi and the SCIR's ultimate chances of victory will likely decline.

Thus, one might argue that the Bush administration has made a deal with the SCIR: Iraq's oil for guaranteed political power.The Americans are able to put forward such a bargain because Bush still holds the strings in Iraq.

Regardless of what happens in the elections, for at least the next year during which the newly elected National Assembly writes a constitution and Iraqis vote for a new government, the Bush administration is going to control the largest pot of money available in Iraq (the $24 billion in U.S. taxpayer money allocated for the reconstruction), the largest military and the rules governing Iraq's economy. Both the money and the rules will, in turn, be overseen by U.S.-appointed auditors and inspector generals who sit in every Iraqi ministry with five-year terms and sweeping authority over contracts and regulations. However, the one thing which the administration has not (sic) been unable to confer upon itself is guaranteed access to Iraqi oil — that is, until now.
<more

on edit: a Bad speiling day

second edit: my computer is having a bad day :)
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