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#1
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![]() Robert Perkins wrote: That's a point I just don't get. The Texas oil industry stands to lose its shirt if the market is flooded with cheap Iraqi oil, since more supply equals a lower price. Yep. Here's an excerpt from an article published in the NY Times early this year. A War for Oil? Not This Time February 13, 2003 By MAX BOOT For that matter, would our government really want a steep drop in prices? The domestic oil patch - including President Bush's home state, Texas - was devastated in the 1980's when prices fell as low as $10 a barrel. Washington is generally happy with a range of $18 to $25 a barrel, about where oil was before the strikes in Venezuela and jitters about Iraq helped push prices over $34 a barrel. If we were really concerned about cheap oil above all, we'd be sending troops to Caracas, not Baghdad. The other possible economic advantage in Iraq would be for American companies to win contracts to put out fires, repair refineries and help operate the oil industry, as they did in Kuwait. What's the total value of such work? It's impossible to say, but last year Iraq signed a deal with Russian companies (since canceled by Saddam Hussein) to rebuild oil and other industries, valued at $40 billion over five years. Yet the White House estimates the military operation alone would cost $50 billion to $60 billion. (Others suggest the figure would be far higher.) And rebuilding of the country's cities, roads and public facilities would cost $20 billion to $100 billion more, with much of that money in the initial years coming from the "international community" (read: Uncle Sam). Thus, if a capitalist cabal were running the war, it would have to conclude it wasn't a paying proposition. This doesn't mean that oil is entirely irrelevant to the subject of Iraq. It does matter in one very important way: Oil revenues make Saddam Hussein much more dangerous than your run-of-the-mill dictator, because they give him the ability to build not only palaces but also top-of-the-line weapons of mass destruction. Americans recognize this. Europeans don't. Why not? Here's my theory: Europeans are projecting their own behavior onto us. They know that their own foreign policies have in the past often been driven by avarice - all those imperialists after East Indian spices or African diamonds. (This tradition is going strong today in Russia and France, whose Iraq policies seem driven at least in part by oil companies that were granted lucrative concessions by Saddam Hussein.) Nobody would claim that America's global intentions have always been entirely pure. Still, our foreign policy - from the Barbary war to Kosovo - has usually had a strain of idealism at which the cynical Europeans have scoffed. In the case of Iraq, they just can't seem to accept that we might be acting for, say, the general safety and security of the world. After more than 200 years, Europe still hasn't figured out what makes America tick. George Patterson The actions taken by the New Hampshire Episcopalians (ie. inducting a gay bishop) are an affront to Christians everywhere. I am just thankful that the church's founder, Henry VIII, and his wife Catherine of Aragon, and his wife Anne Boleyn, and his wife Jane Seymour, and his wife Anne of Cleves, and his wife Katherine Howard, and his wife Catherine Parr are no longer here to suffer through this assault on traditional Christian marriages. |
#2
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G.R. Patterson III wrote:
Thus, if a capitalist cabal were running the war, it would have to conclude it wasn't a paying proposition. The author is wrong...and badly so. Embarassingly so, I'd hope, unless the article was deliberately deceptive. I won't address the truth of these assertions; I lack that information. However, his conclusion above silently assumes that those paying for the war, reconstruction, etc. are the same as those accruing the benefit from the aforementioned contracts. This need not be the case. The war etc. is funded by taxpayers; the contracts reward shareholders of specific companies. A pure capitalist among the shareholder population would be perfectly happy with this arrangement. - Andrew |
#3
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![]() "mike regish" wrote in message news ![]() So I guess you're going with the "faulty intelligence" spin, then. Clearly your messages are the product of faulty intelligence. |
#4
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At least they're not from a lack of it.
mike regish "Steven P. McNicoll" wrote in message ink.net... "mike regish" wrote in message news ![]() So I guess you're going with the "faulty intelligence" spin, then. Clearly your messages are the product of faulty intelligence. |
#5
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![]() "mike regish" wrote in message news:eNMtb.162590$mZ5.1115214@attbi_s54... At least they're not from a lack of it. You are clearly not an intelligent person. |
#6
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ROTFLMAO.
You really have gone off the deep end. I used to actually have a little respect for you. Get help...soon. mike regish "Steven P. McNicoll" wrote in message ink.net... "mike regish" wrote in message news:eNMtb.162590$mZ5.1115214@attbi_s54... At least they're not from a lack of it. You are clearly not an intelligent person. |
#7
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![]() "mike regish" wrote in message news:dRcub.227742$Tr4.672735@attbi_s03... ROTFLMAO. You really have gone off the deep end. I used to actually have a little respect for you. Get help...soon. So I've lost the respect of an ignorant fool. I'm okay with that. |
#8
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On Sun, 16 Nov 2003 01:31:07 GMT, Steven P. McNicoll wrote:
Thousands of innocent Iraqis have been saved. Saved from what? From beeing hit by allied bombs? It is said that by summer 2004 the troops should leave and Iraq should have its own government. I bet 1:100 that there comes up the same mess than everywhere else (except Europe) where western allies left after messing up the area. BTW: there is *still* war in Iraq. Peace has not been declared, so the allies still can keep the POW imprisoned. (Heck, I bet they would keep them imprisoned while declaring peace). #m -- http://www.declareyourself.com/fyr_candidates.php |
#9
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#10
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![]() "Martin Hotze" wrote in message news ![]() Saved from what? From Saddam. |
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