It's flat out time to call you Motherfuckers out.

[nibs]

i need to correct some information:

iraqi oil is not currently being privatized under paul bremmer.  the top 200 industries in iraq are being privatized but not oil.  this privatization allows for foreign ownership and control of companies providing goods and services in these industries, and the proceeds from these industries is not required to be funneled back into iraq.  so, while it isn't oil, it is everything else.  

and, it may very soon be oil as well.  the u.s. state department, under bush, reccommended that iraqi oil infact be privatized:
http://www.commondreams.org/headlines03/0221-04.htm

the original article is for sale from the l.a. times

so, paul bremmer has suggested a short term solution of privatizing everything but iraqi oil, and the state department has suggested a long term solution of privatizing iraqi oil after the new iraqi govt has taken power:
But the group of about a dozen exiled petroleum professionals, advising the State Department on how to rebuild Iraq after any ouster of President Saddam Hussein, feels strongly that privatization should wait until an interim U.S. military administration has finished its work and a sovereign government has taken its place, according to participants.

why the wait?  because it would look bad:
"It would be Iraqis, Iraqi technocrats, who would be doing that," said one advisory group member. "I really don't think the United States should dictate Iraq's oil policy.... The U.S. would look very bad if it tried to exploit the situation in that regard."

but why then would the state department have any faith that privation would happen under the new iraqi govt???

The potential benefits of privatization were presented to the working group during a closed session by one of its members, Fadhil Chalabi, a former OPEC deputy secretary and Iraqi Petroleum Ministry official who now heads the Center for Global Energy Studies in London.

"Iraq has a lot of oil to develop, and the public sector cannot do it alone," Chalabi said in an interview. "A new structure could provide more money, better technology, better efficiency, better management, and worldwide market outlets."

bush's guy chalabi is in favor of privatizing iraqi oil.  and this is the guy they wanted to turn the country over to.  chalabi is talking about selling out the country of it's most prized resource.  that is bush's guy.

bush's executive order 13303 protects any u.s. companies with oil interests in iraq from any legal culpability or lawsuits regarding those oil resources.  

all proceeds from iraqi oil and natural gas are currently being placed into the development fund for iraq; and this fund is under complete control of the u.s.  it's been reported that in excess of 5 billion may have been looted from the fund already.  this fund is designed to assist foreign (eg. u.s.) companies that want to come in and privatize iraqi industries.  u.s. companies also get a tax break for expanding into iraq.

these guys are making a killing.  

[Jay ay Beee]

Trauma just got destroyed.

You can rant and rave, but when you're confronted with facts you fold pretty quick, brotha.

[Don Rizzle]

all proceeds from iraqi oil and natural gas are currently being placed into the development fund for iraq; and this fund is under complete control of the u.s.  it's been reported that in excess of 5 billion may have been looted from the fund already.

that is just speculation, however it does make me concerned what america is doing with the money, the bush administration should provide complete transparency as to what is happening to the money.

[white Boy]

i love it when trauma post all over train of thought, but strays away from some threads that he knows he WILL LOSE

[Loganism]

llllllllloooooooooooooooooooooooooollllllllllllll


trauma got destroyed

[Loganism]

lol mr. traumaTIZED u also have 2 realize that these guys dont give a flying fuck about me or you. they're just fattening their own pockets. we're gonna buy gas no matter what. we need it 2 get around. they know we'll buy it. so they keep prices up, and mr cheney and halliburton makes the bank.

[JTSimon]

OPEC is punishing the US by decreasing production for this pointless invasion.


Don't forget about China/India increasing demands.

http://www.nzherald.co.nz/latestnewsstory.cfm?storyID=3560227&thesection=business&thesubsection=latest

[Trauma-san]

AGAIN: You said we invaded Iraq for the oil.

So far, we have taken none, and Gas prices are through the roof.


There is no rationalization.  YOU'RE FUCKING WRONG.  You're lying, conspiracy theorist motherfuckers who can't tell black from white, right from wrong, truth from deceit.  Time will bear this out.  

[Now_Im_Not_Banned]

http://money.cnn.com/2003/03/25/news/companies/war_contracts/

[Now_Im_Not_Banned]

http://www.eastwestdevelopment.net/news/2003/05/27/print/econbranch01.shtml

Funny how this guy is US appointed, and all of a sudden Russia and China lose contracts...I wonder who those are going to go to?

[Now_Im_Not_Banned]

http://www.hinduonnet.com/thehindu/2003/04/04/stories/2003040400241000.htm

[Now_Im_Not_Banned]

http://www.rense.com/general43/USdoublesvalueofcontracts.htm

[Z the laidback Virus]

YOU'RE FUCKING WRONG.  

Couldn't have said it better to you. 'tell it like it is'..positive points for the honest,selfknowing Trauma.

  Good boy

[infinite59]

Also, something else that has effected the oil prices is the falling of the dollar in regard to all other currency's, due to our debt.  The Euro and the Yen is what everyone is starting to purchase.

[nibs]

I Just Wasn't Made For These Times:
AGAIN: You said we invaded Iraq for the oil.

So far, we have taken none

actually, revenues from oil sales all go into the iraqi development fund.  part of that money has been allocated to offset the costs of foreign (aka u.s. & co.) companies wishing to expand into iraq.  it's all a part of that privatization plan.  so while the american public is not benefitting, american companies like halliburton are already cashing in on proceeds from iraqi oil.  and speaking of halliburton, do you remember their "no bid" contracts in iraq?

http://edition.cnn.com/2003/BUSINESS/05/07/sprj.nitop.haliburton/

halliburton is making a killing.

and Gas prices are through the roof.

so what you are saying is that you still don't understand basic economic principles???

we knew that already.  you already made that obvious.

anyway:
here's an interesting twist.  halliburton has hired mercenaries to provide for security in iraq.  this is good for the u.s. because those casualties don't count as u.s./"coalition" casualties.  what's interesting is that because halliburton has oil interests in iraq, and as a result they are protected under executive order 13303, halliburton cannot be held legally culpable for anything that their mercenary security forces do in iraq.  other than the mercenaries themselves, there is noone to hold accountable for the actions of halliburton's mercenaries aka security forces in iraq.

halliburton's role in iraq has risen to such prominence that bin laden is calling out halliburton out now:
Halliburton Named


It denounces the invasion of Iraq as a money-making exercise and singles out Halliburton Co., formerly headed by U.S. Vice President Dick Cheney. The company is a contractor in the reconstruction of Iraq.


``This war is making billions of dollars for big companies like Halliburton,'' the voice says.

http://quote.bloomberg.com/apps/news?pid=10000087&sid=awUDgX6VD8o0&refer=top_world_news