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IRAQ: BONANZA WORTH $ 2,800 BILLION

By B. John Zavrel

 

Only after a 'regime change' can the George W. Bush government grab the oil reserves, 'privatize' and divide them up.

 

Iraq has the second largest oil reserves in the world

US analysts estimate that the value of this treasure of 112 billion barrels of oil is today worth $ 2,800 BILLION, well worth the projected cost of the war of $ 80 billion.

No matter what Saddam Hussein may do to prevent the war, it is inevitable. The fabulous treasure grab is too big to resist, and will not be too hard to wrestle it away from an impoverished, technically backward and economically devastated country.

At this time it appears that the US will start the war within days, and all alone. In Europe, over 85 % of people are against this war. In the rest of the world, the percentage of people against the war is even higher. Yet, the Bush government is determined to invade Iraq at any cost -- and these costs are mounting already. The shocking decline in America's long-time friendly relations with France and Germany come to mind at once, but there are others.

The lip-service of support to the Bush war on Iraq by the former communist satelite micro-states such as Lithuania, Romania, Albania and Bulgaria -- Donald Rumsfeld's "New Europe" is a pitiful joke. And his attacks against the people of the great cultural and economic countries of France and Germany as 'the Old Europe", whose opinion does not count, is a downright insult not only to the Europeans, but also to the many millions of American of German and French ancestry.

He might as well include Great Britain in this "Old Europe" as well, since over 85% of them also oppose this war for conquest of oil. Only TONY BLAIR is acceptable, but unfortunately he is seen by many of his countrymen as the TROJAN HORSE of the Bush administration.

 

The plans for this go back to January 26, 1998, when the US "Project for a New American Century" (PNAC) proposed a new "military action" agains Iraq. To the signatories of the study, in addition to the Pentagon chief DONALD RUMSFELD belonged RICHARD PERLE, PAUL WOLFOWICZ and ZALMAY KHALILZAD, an Iraqui politician in exile.

 

The Oil Connection to the White House: George W. Bush, Dick Cheney, Condoleezza Rice, Spencer Abraham, Donald Evans and Gale Norton.

 

With total control over these reserves and the price of oil, the Americans will be able to put extreme economic pressure on all the major countries of the world, such as Russia, China, India; the European Union and especially Germany; and on Japan, so highly dependent on imports.

 

The Saudis will come next

After the capture of the oil fields in Iraq, sooner or later George W. Bush will turn his sights on Saudi Arabia. With the largest oil reserves in the world -- estimated to be worth $ 10,000 BILLION ($ 10,000,000,000,000 ) it will be a much easier -- and much more lucrative prey than Iraq.

Remembering that 18 of the 20 terrorists who attacked the symbols of American power on September 11, 2001 were Saudi Arabians, it will not be too hard to find an excuse for an expedition to conquer the Saudi Arabian oil fields.

 

 

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Copyright 2003 West-Art

PROMETHEUS, Internet Bulletin for Art, Politics and Science.

Nr. 87, Special Issue 2003