Thursday, May 31, 2007

Are there really still people who don't believe it's about the oil?

A couple things....

First off, did you know there's something where Iraqis on all sides of the conflict are in agreement? They are united in their opposition to the US imposed "benchmark" regarding the Iraqi Hydrocarbon Law. Maybe we could just allow the Iraqis to use their democratic process to decide for themselves how their natural resources should be managed? It's just a thought.

All you hear in the MSM is that it's about revenue sharing between the Shiites, Sunnis and Kurds. They conveniently leave out how much we're expecting them to "share" with the oil companies. In the current agreement, international oil companies get access to 81% of the oil deposits right off the bat, and double the standard share of profits after completion of the infrastructure development. They get 2/3 of the profits while they're developing infrastructure. Assume that'll take a while. You can also assume they'll need the military there to protect them for a very long time.

I may have mentioned this before, but in case you missed it, it's about the oil.

Secondly, will someone please tell the occupant of the White House that Korea is not a model to emulate in Iraq or anywhere else. Fifty years after the Korean War and we still have nearly 30,000 troops there. That's success? No wonder he can't define what success in Iraq looks like. He doesn't want to say that outloud. He'd lose a couple more of his 27 25-percenters.



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