And the Dividends are Quietly Applied.

[Edward Dean]

The morning Journal wrote a small quiet article on Iraq; it seems that Exxon, BP, and Halliburton are going to spend tens of billions of dollars on the Iraqi oil fields.

Somehow they project that Iraqi oil will increase from 2.8 million barrels a day to 6.9 million and that doesn't count the new exploration going on in the western desert believed to possibly double that amount and let me see if I got this right; the only oil companies involved are American and British and if you do the math, that comes out to a nice tidy some of trillions of dollars!

Now I am certain that George W and slimy little Dicky Cheney had no thought about this when they set off their 'Shock and Awe' campaign, it was just the luck of the draw.

So if we extrapolate this into how many barrels of blood have been shed, the numbers were only a mere few hundred thousand gallons and that's a very acceptable number for extra dividends and bonuses.

Meanwhile, back at the ranch, those army vets are going to come home to Britain and the U.S. and have to fight another war for a job because we pumped a trillion dollars into that war that bankrupted both economies but not to worry because our oil companies now have it for safe keeping and with trickle down economics we may get ten cents on our tax dollar!

I can hear the lyrics to that old Sonny and Cher song; 'and the beat goes on' and see comedian Lewis Black running around the stage nervously screaming; "We're fucked...... we're fucked.......we're fucked again!"

 

[Jeanette Cheezum]

Where does it all end?

[Robert Crisman]

Absolutely, Ed, and this was jam-up reportage. BTW, Unocal wanted a pipeline from the Caspian Basis to run through Kabul to the Indian Ocean, which is why we went in. When it looked in the mid-1990s that the Taliban could "pacify" the country and bring about conditions that would allow the pipeline to be built, the Clinton administration was all for those fuckers. It was only when they proved that they couldn't keep order did we decide it was time for "regime change."

[Edward Dean]

@ Kristine; No, the point was that this whole war was contrived from the beginning and the motivation was oil.

It now appears that Iraq has the second largest proven oil reserves in the WORLD!

The Brits played this game for 150 years and it looks like we are great students.

[Brittany]

sigh... dollars and sense don't mix... not anymore.

[Kristine_ES]

theoritically, the iraqis were going to "pay us" for "liberating" them in oil. i'm not sure about that.

i'm still looking at the afghanistan pipeline which a lot of folks still say is conspiracy theory. either way, stability in the mid-east is an economic "good thing."

but what about the human beings, man?  *sigh*

[Mike Handley]

Just when I think I've succeeded in not thinking about all this horseshit, you have to go and throw patties at my screen. Thanks a lot, Ed. 

No, really ... THANKS for posting this. It's nice to be in the same boat with someone who also sees the sharks.

[Gita]

But- but- but... LIBYAN oil prices just dropped by 25 cents a barrel today.