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Tuesday, May 29, 2007

What Congress Really Approved: Benchmark No. 1: Privatizing Iraq's Oil for US Companies

Ann Wright, t r u t h o u t
On Thursday, May 24, the US Congress voted to continue the war in Iraq. The members called it "supporting the troops." I call it stealing Iraq's oil - the second largest reserves in the world. The "benchmark," or goal, the Bush administration has been working on furiously since the US invaded Iraq is privatization of Iraq's oil. Now they have Congress blackmailing the Iraqi Parliament and the Iraqi people: no privatization of Iraqi oil, no reconstruction funds. This threat could not be clearer. If the Iraqi Parliament refuses to pass the privatization legislation, Congress will withhold US reconstruction funds that were promised to the Iraqis to rebuild what the United States has destroyed there...

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