Iraq War
As the end of the year slowly approaches, there is an expected transition of power by the United States and its allies to allow the Iraqi people to govern themselves. The media has tried to convince us that we as a nation have liberated the country of Iraq from one of the most brutal dictators in the world's documented history. Saddam equated to a modern day Adolf Hitler. Saddam Hussein would surely have destroyed the American way of life by using his weapons of mass destruction that he had been stock piling for years. And if that was not bad enough, Saddam was also said to have supported the efforts of Al Qaeda's terroristic network. Our nightly news and all of the media hype may actually have us as a nation beginning to believe this, ah, stuff, for the lack of a better term. The war has had an effect on the world. "In London, Brent Crude climbed to $38.40, reaching levels last seen following Iraq's invasion of Kuwait in 1990. The recent surge in oil prices has been driven by ongoing security concerns in the Middle East and a supply shortage. Global demand for oil has never been higher, lifted by heavy consumption in the U.S. And fast-growing China." (BBC World News, "Oil prices set new record highs") This report aims to disprove all of those well spun media anecdotes. The focus of this report is to show how the leaders of the United States and other first world nations have blatantly attacked a sovereign nation with the sole purpose of extracting that nation's oil reserves for the oligarchy and future positioning of the precious resource. "According to some, the Iraq crisis has been created as a pretext and cover for an "oil grab" by the United States, Britain and the international oil industry." (Yergin) Our current war with Iraq is nothing more than Blood for Oil.
Comedian Wanda Sykes said it best when she so elegantly drove a tractor-trailer up to a drive through window of a famous fast food restaurant during one of her television shows: "We need the Bush Administration to send our troops wherever they need to go because I personally like to drive a bigger family car or ah, truck." Ironically, her television sitcom is no longer on the air -- She must have struck a nerve. Iraq's economy has a very large oil sector to say the least. The nation's oil reserves produce roughly ninety-five percent of Iraq's foreign exchange earnings. "Its reserves are the second largest in the world - behind only those of Saudi Arabia." (Yergin)
Some history on the Iraqi nation has shown that they are and have not been financially stable even with all of this natural resource available. Iraq is actually an original member of the Ottoman Empire but was occupied by Britain during World War I. "In stages over the next dozen years, Iraq attained its independence as a kingdom in 1932. A "republic" was proclaimed in 1958, but in actuality a series of military strongmen have ruled the country since then, the latest was Saddam Hussein." (Iraq) In the mid-1980's, the nation of Iraq created for itself a massive financial problem due to its high expenditures to support an eight-year war with Iran. Iraq also suffered mass destruction of their oil export facilities during that war which caused them deplete income and forced them to borrow large amounts of money from the world in an effort to maintain itself. "Iraq suffered economic losses from the war of at least $100 billion. After hostilities ended in 1988, oil exports gradually increased with the construction of new pipelines and restoration of damaged facilities." (Iraq)
In 1990 when President George Bush Sr. was in office, Iraq attempted to right its sinking financial ship by invading Kuwait. After a short war with Kuwaiti allies, mainly the United States, subsequent international economic sanctions, and damage from military action by an international coalition further obliterated Iraq's financial standing. The nation of Iraq was a beaten foe long before the most recent Desert Storm Action. "However, 28% of Iraq's export revenues under the program have been deducted to meet UN Compensation Fund and UN administrative expenses. The drop in GDP in 2001-02 was largely the result of the global economic slowdown and lower oil prices." (Iraq)
If Saddam Hussein had weapons of mass destruction he was desperately in need of them throughout the Iranian war. Even the British government concurred with United States allocations that he was preparing weapons of mass destruction as the world did nothing to stop this...
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