Iraqi Oil for Sale to highest bidder

G-Man · 03-03-07, 04:03 PM

I seem to recall GWB saying the Iraqi's would be able to rebuild their country and develop the nation through the vast oil reserves it possesses. Strange then that a new law is to be passed regarding foreign corporate investment which guarantees long term profit sharing, a highly unusual arrangement in that no other country with such vast oil reserves operates on this basis.

My question is once this argreement is signed can we declare 'mission accomplished' and get the heck out?

Article is here :-

AlterNet: War on Iraq: Iraqi Oil Law Gives Cover for Corporate Profit

Billo_Really · 03-03-07, 04:14 PM

I'd rather have everyone who claimed we went in there to liberate Iraqis to admit they were wrong and turn themselves in to the local law enforement agency and demand to be charged with war crimes against humanity.

We went in there to find out how OUR oil, got under THEIR sand!

Trajan Octavian Titus · 03-03-07, 04:23 PM

The wealth the Iraqi's will gain from their oil is to be dessiminated throughout the population evenly as per the Constitution and the new law they have passed their Constitution also guarantees that the oil will forever remain the property of the Iraqi people, not foreign investors or tyrannical dictators:

Quote:

Article 108: Oil and gas are the ownership of all the people of Iraq in all the regions and governorates.

Article 109:

First: The federal government with the producing governorates and regional governments shall undertake the management of oil and gas extracted from current fields provided that it distributes oil and gas revenues in a fair manner in proportion to the population distribution in all parts of the country with a set allotment for a set time for the damaged regions that were unjustly deprived by the former regime and the regions that were damaged later on, and in a way that assures balanced development in different areas of the country, and this will be regulated by law.

Second: The federal government with the producing regional and governorate governments shall together formulate the necessary strategic policies to develop the oil and gas wealth in a way that achieves the highest benefit to the Iraqi people using the most advanced techniques of the market principles and encourages investment.

http://portal.unesco.org/ci/en/files...itution_en.pdf

Quote:

Iraqi cabinet agrees deal on sharing oil revenues

Agencies in Baghdad
Tuesday February 27, 2007
The Guardian

Iraq's government last night agreed a landmark deal on sharing the country's formidable oil wealth among the country's ethnic minorities, an arrangement that appears to go a long way to assuaging Sunni fears of being cut out of the country's oil revenues.

The cabinet voted unanimously on the legislation, which aims to overcome the bitter suspicions and divisions in Iraqi society and distribute the wealth of the world's second largest proven oil reserves among the population.

Iraqi cabinet agrees deal on sharing oil revenues | Iraq | Guardian Unlimited

Now unless you people are opposed to open markets which are highly beneficial to all parties involved, I don't see what the problem here is. Our market it open to foreign investors does that mean we are the puppets of foreign powers? I think not, this is just another typical anti-capitalist, anti-free trade, anti-open market, bull**** thread.

Billo_Really · 03-03-07, 04:41 PM

So now he quotes from the Guardian. Interesting!

What the Guardian article does not say is that the Iraqis will be dividing up what is left of the revenues. Of which, more than 25% go to foreign based company's for over a quarter century.

Quote:

Signing away Iraqs democracy
...new report exposes the true cost to Iraq of the oil majors’ agenda

Quote:

for whom, the wells drilled?
The debate over national vs. regional control of Iraq’s oil sector intensified last week, as the new Natural Resources Minister of the Kurdistan Regional Government (KRG) stated his opposition to amending the oil-related articles of the Constitution.

Quote:

George's Oil Dubya-speak
As decision-time approaches, the USA pulls levers on Iraqi oil policy.

A new framework to restructure Iraq's oil industry is under preparation, and has been presented to the US government and multinational oil companies before even being seen by the Iraqi parliament. Meanwhile, Iraqi civil society and public are being excluded altogether.

Some democracy!

Trajan Octavian Titus · 03-03-07, 04:53 PM

Quote:

Originally Posted by Billo_Really

So now he quotes from the Guardian. Interesting!

What the Guardian article does not say is that the Iraqis will be dividing up what is left of the revenues. Of which, more than 25% go to foreign based company's for over a quarter century.

So these foreign firms are supposed to develop, pump, and distribute Iraq's oil for free are they? Why are you opposed to free trade and open markets? Why are you opposed to capitalism and economic development? Are you now or have you ever been a communist?

Quote:

Some democracy!

Yep a bill passed that will insure economic devolopment for the Iraqi people, written by the dually elected government of Iraq is a good example of Democracy I would say. Are we not a Democracy because we allow for foreign investment? How about Europe? How about the majority of Latin America? Infact the only Democracies that exist on this earth are those nations with open markets and those without are generally state ran tyrannies IE Hugo Chavez's Venezuela, Castro's Cuba, Ahmadinejad's Iran, et al. Next you'll be complaining that Iraq doesn't have a state ran media apparatus.

Billo_Really · 03-03-07, 05:31 PM

Quote:

Originally Posted by TOT:
So these foreign firms are supposed to develop, pump, and distribute Iraq's oil for free are they? Why are you opposed to free trade and open markets? Why are you opposed to capitalism and economic development? Are you now or have you ever been a communist?

So you didn't read the articles I posted?

Quote:

Originally Posted by TOT:
Yep a bill passed that will insure economic devolopment for the Iraqi people, written by the dually elected government of Iraq is a good example of Democracy I would say. Are we not a Democracy because we allow for foreign investment? How about Europe? How about the majority of Latin America? Infact the only Democracies that exist on this earth are those nations with open markets and those without are generally state ran tyrannies IE Hugo Chavez's Venezuela, Castro's Cuba, Ahmadinejad's Iran, et al. Next you'll be complaining that Iraq doesn't have a state ran media apparatus.

You said it! "The dual-ly elected government..."

And just who makes up the dynamic duo?

Quote:

US-installed Iraqi government imposes a culture of death and derogation of women's rights
Hanging the womb of Iraq: Stop the executions!
by Hana Al Bayaty Global Research, February 28, 2007

Quote:

Iraq: New Martial Law Powers Threaten Basic Rights
by Human Rights Watch Global Research, March 2, 2007

Quote:

'In Less than Three Years’ : The cliché of US sponsored “democracy” to justify invasion and mass murder
by Ghali Hassan Global Research, February 4, 2006

"In less than three years, the nation has gone from dictatorship to liberation, to sovereignty, to a constitution, to national elections. At the same time, our coalition has been relentless in shutting off terrorist infiltration, clearing out insurgent strongholds, and turning over territory to Iraqi security forces." George W. Bush, State of the Union, 01 February 2006.

As the pretexts to justify the illegal war of aggression against Iraq started to collapse one after the other, the Bush Administration, its vassals and the mass media adopted the cliché of “democracy” to justify the invasion and the mass murder of hundreds of thousands of innocent Iraqi men, women and children. However, from the outset of the invasion and occupation of Iraq, the U.S. objective was conspicuous; to destroy Iraq, install a puppet government and pillage the nation’s resources.

In less than three years, the nation has gone from a safe and functioning nation to brutally occupied and chaotic nation. The health care services have collapsed. Acute malnutrition among Iraqi children between the ages of six months and 5 years has increased from 4% before the invasion to 7.7%. In other words, despite the 13-years long genocidal sanctions, Iraqi children were living much better (by 3.7%) under the regime of Saddam Hussein than under the tyranny of George W. Bush. Lack of clean water and adequate supply of electricity have exacerbated the problem and encouraged various infectious diseases, particularly among children, infants and the pregnant women.

Some democracy!

Trajan Octavian Titus · 03-03-07, 06:14 PM

Quote:

Originally Posted by Billo_Really

So you didn't read the articles I posted?

You mean your anti-capitalist, leftwing propaganda pieces? Ya they're bull****.

Quote:

You said it! "The dual-ly elected government..."

And just who makes up the dynamic duo?

The Iraqi people voted for their government and for their Constitution regardless of what your op-ed propaganda pieces say it is a Democracy of, by, and for the Iraqi people.

And look at this your such a ****ing joke it's ridiculous:

"to destroy Iraq, install a puppet government and pillage the nation’s resources."

Wow I can't believe you even posted this bull**** let alone bolded this part,

A) We're rebuilding Iraq it's your beloved insurgency that is trying to destroy it.

B) We did not install a government they were freely elected by the Iraqi people.

C) The Iraqi Constitution ratified by the Iraqi people guarantees that the oil is and forever will be owned by the Iraqi people.

Quote:

Some democracy!

Umm did the U.S. install these politicians into office? Are these U.S. created political parties? It's funny you call the tyrannical ba'athist regime "sovereign" and denegrate the only legitimate government the Iraqi people have ever known. Tell me why do you hate Democracy? Why do you support tyrannies? Why do you support Islamic Fascism? You're an evil person Billo, you need to seriously reevaluate your stance on global issues, because at this point your obvious hatred for freedom is just sad.

Doremus Jessup · 03-03-07, 06:38 PM

Quote:

Originally Posted by G-Man

I seem to recall GWB saying the Iraqi's would be able to rebuild their country and develop the nation through the vast oil reserves it possesses. Strange then that a new law is to be passed regarding foreign corporate investment which guarantees long term profit sharing, a highly unusual arrangement in that no other country with such vast oil reserves operates on this basis.

My question is once this argreement is signed can we declare 'mission accomplished' and get the heck out?

Article is here :-

AlterNet: War on Iraq: Iraqi Oil Law Gives Cover for Corporate Profit

I can remember Colin Powell saying something to the effect that "this war will pay for itself."

Check out Greg Palast's Armed Madhouse to find out about the setting up of Iraq's government. L. Paul Bremer where'd that f@cker go?

Billo_Really · 03-03-07, 07:39 PM

Quote:

Originally Posted by TOT:
You mean your anti-capitalist, leftwing propaganda pieces? Ya they're bull****.

The Iraqi people voted for their government and for their Constitution regardless of what your op-ed propaganda pieces say it is a Democracy of, by, and for the Iraqi people.

And look at this your such a ****ing joke it's ridiculous:

"to destroy Iraq, install a puppet government and pillage the nation’s resources."

Wow I can't believe you even posted this bull**** let alone bolded this part,

A) We're rebuilding Iraq it's your beloved insurgency that is trying to destroy it.

B) We did not install a government they were freely elected by the Iraqi people.

C) The Iraqi Constitution ratified by the Iraqi people guarantees that the oil is and forever will be owned by the Iraqi people.

Umm did the U.S. install these politicians into office? Are these U.S. created political parties? It's funny you call the tyrannical ba'athist regime "sovereign" and denegrate the only legitimate government the Iraqi people have ever known. Tell me why do you hate Democracy? Why do you support tyrannies? Why do you support Islamic Fascism? You're an evil person Billo, you need to seriously reevaluate your stance on global issues, because at this point your obvious hatred for freedom is just sad.

I bet when watching the Wizard of Oz, you root for the Strawman.

Trajan Octavian Titus · 03-03-07, 07:54 PM

Quote:

Originally Posted by Billo_Really

I bet when watching the Wizard of Oz, you root for the Strawman.

Well buddy please explain to me how a government and a constitution elected and voted for by a higher % of the population than the 2000 U.S. elections is not a Democracy? You continue to state day in and day out that Saddam's regime was sovereign and beyond reproach and yet somehow you imply that the Democratically elected government of Iraq is illegitimate, this is not a strawman these are your daily assertions. Oh ya and you also assert that the insurgency against a Democratically elected government is legitimate. It is clear from your bull**** that you support tyrannies and oppose Demoracy, it's really quite sad.