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Bush's Texas Oil Buddy Banks On Iraq's Failure

Posted by Scarecrow at 12:00 PM on September 14, 2007.


Scarecrow: An oil contract between Hunt Oil and the Kurds sheds new light on Bush's plan for a permanent occupation of Iraq.
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This post, written by Scarecrow, originally appeared on FireDogLake

Paul Krugman's op ed today nails a key link between President Bush's call to maintain a substantial permanent occupation force in Iraq and the expectations for Iraq's future on which the occupation is premised. The occupation assumes not only that the surge has failed but that the Iraq national government has failed, and we must hold together a failed state indefinitely.

The key indicator, Krugman argues, is in the separate oil development contract Bush friend, Ray L. Hunt of Hunt oil signed with the independent Kurdish Province. The Hunt/Kurdish oil deal came just as Iraqi discussions of the Administration's repeatedly hyped oil law "agreement" collapsed.

Some commentators have expressed surprise at the fact that a businessman with very close ties to the White House is undermining U.S. policy. But that isn't all that surprising, given this administration's history. Remember, Halliburton was still signing business deals with Iran years after Mr. Bush declared Iran a member of the "axis of evil."
No, what's interesting about this deal is the fact that Mr. Hunt, thanks to his policy position, is presumably as well-informed about the actual state of affairs in Iraq as anyone in the business world can be. By putting his money into a deal with the Kurds, despite Baghdad's disapproval, he's essentially betting that the Iraqi government -- which hasn't met a single one of the major benchmarks Mr. Bush laid out in January -- won't get its act together. Indeed, he's effectively betting against the survival of Iraq as a nation in any meaningful sense of the term.
The smart money, then, knows that the surge has failed, that the war is lost, and that Iraq is going the way of Yugoslavia. And I suspect that most people in the Bush administration -- maybe even Mr. Bush himself -- know this, too.
So while the President told the nation last night that our troops will remain in Iraq until they achieve success, his oil buddies are already signaling that Iraq is a failed state that will require our presence indefinitely. And the only thing Bush has left to do is to make sure the Democrats get blamed for his failure:

At this point, Mr. Bush is looking forward to replaying the political aftermath of Vietnam, in which the right wing eventually achieved a rewriting of history that would have made George Orwell proud, convincing millions of Americans that our soldiers had victory in their grasp but were stabbed in the back by the peaceniks back home.
What all this means is that the next president, even as he or she tries to extricate us from Iraq -- and prevent the country's breakup from turning into a regional war -- will have to deal with constant sniping from the people who lied us into an unnecessary war, then lost the war they started, but will never, ever, take responsibility for their failures.
We are only 18 months away -- and another 1000 or so US troop deaths -- from Mission Accomplished.

Digg!

Tagged as: oil, iraq war, krugman

Scarecrow is a regular blogger for FireDogLake


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Hunt is one Bush's gang members.
Posted by: thoughtcriminal on Sep 14, 2007 11:37 AM   
Current rating: Not yet rated    [1 = poor; 5 = excellent]
This is a good example. From Forbes: "Ray stuck with oil, scored big with deal in Yemen. Moving into natural gas in Peru. Well connected in Beltway thanks to fundraising for Bush, seat on Halliburton board.

What you have now is gang rule in the United States, which threatening to turn into a single system of totalitarian rule - much like what IG Farben established in Nazi Germany, or what the Soviet Central Committee established in Stalin's Russia.

Almost all major markets are tightly controlled by aligned corporate interests. The American Petroleum Institute, the Edison Electric Institute, and the Nuclear Energy Institute are examples of a coordinated propaganda system that mimics the far more secretive (and quite illegal) coordinated economic behavior. Anyone who believes gas prices are set by supply and demand, for example, is either a modern economist or an idiot - but then I repeat myself, don't I?

Economics - that's the one 'science' that has actually regressed during the past two hundred years.

In essence, what's happened is that the British Corporate Crown system (Hudson's Bay and British East India Companies, for example), is still alive and well. Bush is one of their tools now, nothing more. Just as the products of the US colonies had to go through Britain before being sold on to Europe, all global oil reserves must now pass through the London and New York Exchanges before being sold on to their destinations. That's just one example of how the modern globalized colonial system works.

As a first step, high taxes on the wealthy are a good step. If they want to flee the country for the Caymans, that's fine. Watch out for global warming fueled hurricanes, though.

However, politicians are hired by the wealthiest of the wealthy, so you need public financing of elections to reverse this century-long trend. Obama and Clinton will never do anything that hurts the interests of their wealthiest sponsors, regardless of their finely tuned propaganda messages.

Then you'll have to start dissolving corporate charters and applying the 14th amendment to make it illegal for corporations to own other corporations. Holding companies and other fronts should be illegal - direct transparency to ownerships is absolutely necessary.

Seems kind of daunting, doesn't it? How to change things? First, take a walk - look at the sun, the wind, the growing plants, the soil, the rivers, the oceans, and just stop for a second. Imagine yourself lost in the desert, and ask yourself a simple question - if you were all alone, dying of thirst in the desert, what would you rather have? A gallon of clean fresh water, or one of those billion-dollar pallets of $100 bills that went missing in Iraq?

Think about it. If you answered "the cash" then you're insane, probably suicidal, and you need some immediate psychological counseling.

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A little additional info on Ray Hunt: PFIAB
Posted by: eddie torres on Sep 14, 2007 3:38 PM   
Current rating: 5    [1 = poor; 5 = excellent]
I couldn't find a free version of the NYT's Krugman piece to check, but in case Krugman missed it Hunt is on the President's Foreign Intelligence Advisory Board. For exactly 6 more weeks.

That PFIAB seat must be pretty... close... to the information flows on how likely Iraq's oil law is to be resurrected. Wouldn't Hunt's competitors have paid considerable amounts to get that info and get positioned close to the Kurds - where a relatively stable operational environment guarantees that Kurd oil will be flowing in large volumes ahead of other Iraqi oil?

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