from: The Guardian
Read it if you want an example of biased journalism…America invaded Iraq soley for oil, and the proof is…Iraq is now selling oil!!! Pretty evil, those Americans.
If you can get through the shrill tone of hysteria that the writer tries with some effort to have permeate the story, you should be able to get to the crux of the matter. Iraq is pretty safe right now.
“The biggest ever sale of oil assets will take place today, when the Iraqi government puts 40bn barrels of recoverable reserves up for offer in London.”…”Access is being given to eight fields, representing about 40% of the Middle Eastern nation’s reserves, at a time when the country remains under occupation by US and British forces.” Well, that bolded part should actually read: Because the US has provided stability. But we will let the loony leftist have his fun.
The point? Simple. Despite The One, who seems to not understand how civilized people do business, wanted to loot Iraq. As recently as the last presidential debate, he was talking about how the 10 billion a month surpluss of Iraq should be going to America. Why is this important? Because, my friends, if we followed through with Barrys instinct, that the Iraqis should be paying us their surplus, then we would not have gotten to this day.
The Iraqis are using the surplus that Barry wants to loot to rebuild their infrastructure. They are rebuilding and repairing oil wells and refineries that have been neglected for decades. This creates jobs and opportunities (spelling sorry) for local Iraqis, as well as opening up the country for international business. As a bonus, the world gets more oil. Everyone wins.
There is another side to this story that I dont think Barry would want to talk about. The only way that Iraq has a surplus is with America. America was able to get rid of the corrupt tyrant Saddam, opening up Iraq for business. But one cannot conduct business in a warzone. Barrys favourite strategy, THE SURGE, has allowed the security situation in Iraq to improve so dramatically that the Iraqi government, yes ok, with our help too, was able to invest billions into its own oil infrastructure (without the overt worry that someone would blow them up the next day) and has now gotten to the point where they are able to sell their countries goods, 40 billion barrels of the stuff, to a hungry world.
Now I ask you, would the Iraqis have gone through with the massive investment both of capital and of blood to develope their oil industry (which will probably pay us back for the war one day btw) if they thought we were going to be taking, off the top, Barrys desired 10 billion a month?
Barry wanted to be Alaric, or Attila, or even Theodoric. Did the fair people of Gaul and Italy keep farming when a thug was stealing all the loot?