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Five years after we invaded Iraq, the American taxpayers who paid for this grand imperial adventure are rewarded with skyrocketing gas prices.

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Paying for War at the Pump

By Robert Scheer, Truthdig. Posted May 21, 2008.


Five years after we invaded Iraq, the American taxpayers who paid for this grand imperial adventure are rewarded with skyrocketing gas prices.

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What's it got to do with the price of gas? Would some reporter with access to the Republican presidential candidate please ask John McCain why he wants to continue President Bush's Mideast policy when it has proved so ruinous for American taxpayers? Because McCain is determined to ignore our economic meltdown and shift the debate to foreign policy, shouldn't he have to explain why an open-ended military presence in the Mideast will make us economically and militarily more secure when the opposite is clearly the case?

Let's not waste too much time on the military side of the equation. The argument that troops on the ground have made us militarily more secure is absurd on its face. American resources and lives have been squandered in an inane effort that McCain aptly criticized before becoming a presidential candidate. As a Senate watchdog, he distinguished himself by sharply denouncing one defense contractor boondoggle after another in cases involving hundreds of billions for modern weapons that had nothing to do with fighting cave-based terrorists. But as a presidential candidate, McCain now unabashedly apologizes for every twist of the downwind spiral of the Bush administration foreign policy, from wasteful weapons to inhuman torture.

McCain's strategy is clearly that of distracting attention from the calamitous economy by sounding the demagogue's alarm about enemies at the gate. This week, McCain again blasted Democratic presidential candidate Barack Obama on the grounds that he underestimated the threat from Iran while ignoring the vast increase in Iran's power -- an increase actually resulting from Bush eliminating Iran's only effective enemy, Saddam Hussein. The other winners in this folly have been the oil kingdoms that Hussein periodically threatened, led by the Saudi royal family. Seizing upon the opportunity presented by the 9/11 attacks, Bush knocked off not the Saudis, who had produced Osama bin Laden and 15 of his hijacker minions, but rather the royal family's sworn enemy in Iraq, who had absolutely nothing do with 9/11.

And how did the Saudis thank us? Just check the price of oil, which has increased more than sixfold since 9/11. On Friday, Bush went to dine at Saudi King Abdullah's bizarrely opulent horse farm and pleaded for an increase in oil production, but to no avail. Bush received the same rebuff in April 2005, when oil was selling for $54 a barrel. On Tuesday, it sold for $129, and the price rise is a good measure of Saudi gratitude for the Bush family's unwavering support over past decades. Saudi Arabia's oil minister, Ali al-Naimi, couldn't have been more condescending when he turned down Bush's request with the observation that "presidents and kings have every right, every privilege, to comment or ask or say whatever they want." He added at a press conference, "How much does Saudi Arabia need to do to satisfy people who are questioning our oil practices and policies?"

Enough to get the price back down to where it was when we saved your sorry oil-well excuse for a country, you ingrate, Bush might have retorted. But our bold leader was too polite for anything like that. "He didn't punch any tables or shout at anybody," said Saudi Foreign Minister Saud al-Faisal. "I think he was satisfied." Why? Instead of pointing out that the Saudis could easily open their spigots in gratitude for our keeping them in power, the president threatened the Saudi king not with an invasion but with a U.S. recession. "My point to His Majesty," Bush warned in an interview with The New York Times before encountering the great man himself, "is going to be, when consumers have less purchasing power because of high prices of gasoline -- in other words, when it affects their families, it could cause this economy to slow down. If the economy slows down, there will be less barrels of oil purchased."

He'll show them -- we'll have a recession, our families will suffer and, boy, will the Saudis be sorry. A regular Teddy Roosevelt. There is no better measure of the failure of Bush's foreign policy than that, five years after we conquered the second-most important pool of oil in the world, the American taxpayers who paid for this grand imperial adventure are rewarded with skyrocketing prices at the pump.

At least when Bush first hyped his Iraq invasion plan, he had Paul Wolfowitz telling Congress that Iraqi oil would more than pay for it all. Not so McCain, who is so charged with imperial hubris that he is willing to commit to a 100-year lease on Iraq without expecting a penny in oil revenue in return.

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Robert Scheer is the co-author of The Five Biggest Lies Bush Told Us About Iraq. See more of Robert Scheer at TruthDig.

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Pardon?
Posted by: ABetterFuture on May 21, 2008 7:40 PM   
Current rating: 5    [1 = poor; 5 = excellent]
American taxpayers aren't paying for the war, China is. American taxpayers are paying to finance it, just like stupid mortgages and stupid car loans and (even more) stupid car leases. You want a lesson in what happens to fools and their money? Take a gander at the U.S. economy right the hell now.

Gullible lot, lethally so.

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» RE: Pardon? Posted by: BlackbirdHighway
» RE: Pardon? Posted by: Jefferson's Guardian
» See the thing is.... Posted by: bornxeyed
» Depends on how you look at it Posted by: ProgressiveManiac
» RE: Depends on how you look at it Posted by: Jefferson's Guardian
» RE: Pardon? Posted by: Walks-in-Storms
What has invading, and occupying, Iraq done for you and your family lately?
Posted by: Jefferson's Guardian on May 22, 2008 5:37 AM   
Current rating: 5    [1 = poor; 5 = excellent]
The price for a barrel of oil hit $135 today.

As Senator Jim Webb recently pointed out, it was only $28/bbl the day before Bush invaded Iraq in March of 2003.

Coincidence? I don't think so.

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» Yes Posted by: Rune
Eating crow - my friends, that is.
Posted by: Walks-in-Storms on May 22, 2008 7:23 AM   
Current rating: 5    [1 = poor; 5 = excellent]
When I said before the invasion of Iraq - and again and again thereafter (especially while watching Bushs strutting under the "Mission Accomplished" banner) that this would happen (my prediction that this would go on for twenty years, and that the price of gasoline would hit $4.00 by the end of 2008 were included then and on my own website), everyone laughed. They're not laughing now, and whenever I bring up the price of gasoline there is a sick silence. Living in the U.S. is like waking up to find yourself in an asylum for the mentally deranged and retarded: you continually find yourself wondering how to escape.

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Two things to remember
Posted by: sre on May 22, 2008 7:47 AM   
Current rating: 5    [1 = poor; 5 = excellent]
First, Bush and Cheney (and I suppose others of their crowd or gang) made lots of money with oil. They probably still make lots of money with oil. They're not concerned at all over the fate of this country, only over how much money they can make.
The second thing is Peak Oil. Maybe the oil fields in Saudi Arabia actually can't produce any more oil and the Saudi king is putting on a brave or arrogant face.

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The problem is obvious. People who are trying to offer petroleum free solutions are cast aside.
Posted by: maxpayne on May 22, 2008 8:20 AM   
Current rating: 5    [1 = poor; 5 = excellent]
On another topic, someone brought up an excellent point as to how the physics departments and curriculms in almost every college are RIGGED to stifle growth and new innovations in discovering new ideas and even correcting some of the old ones. For the past 3 decades, there has been little if anything new. Everytime some one or a group comes up with new ideas to ween our ways off oil, the oil giants "buy" them out and nowadays if they can't do that, they can set up economic hit people to take them to court all the way to their now "reliable" SCOTUS to frame them as "traitors" or even "terrorists". If Einstein were to be living in today's fucked up world, none of his ideas would have gotten anywhere. As a matter of fact, even Galileo actually had a chance to prove his points. Let's first get rid of those phoney patent laws and frivolous lawsuits against discovery and creativity and give everyone a chance. I can see why politics trumps science especially when it comes to trying to save this planet by switching to more conserving/environmentally friendly ideas such as hemp, solar, wind, geothermal, tidal, etc ... Thank god the internet is there for people to put their discoveries and innovations to light for others to look at and experiment with.

I now return you to your regular "we're all gonna die" doom and gloom BULLSHIT show !

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Running out of gas as fast as we can!
Posted by: HughScott on May 22, 2008 10:05 AM   
Current rating: 5    [1 = poor; 5 = excellent]
I don't understand why America hasn't employed the easiest first step for reducing gasoline consumption -- re-establishing a 55 mph national speed limit, which would also cause pump prices to fall.

The first 55 miles-per-hour restriction came as a result of the 1973 Arab oil embargo. The Nixon administration ordered states to lower their maximum limit to save fuel at a time when the first oil shock threatened to bring the economy to a standstill.

After steadily rising each year, gasoline demand suddenly stopped growing in 1974 and remained nearly flat for the next decade, keeping oil consumption in check.

Roland Hwang, the vehicles policy director at the Natural Resources Defense Council in San Francisco, estimated the savings of the speed limit in 1983 at 2.5 billion gallons of gasoline and diesel fuel, or 2.2 percent of the total use for these types of fuels.

But as gas lines faded from people's memories and energy prices went down, the federal speed limit was relaxed in 1987, allowing states to set higher caps of 65 miles an hour. Once more, gasoline consumption surged.

Obviously U.S. highway drivers need to slow down. As proof, google the Internet with "55 mph limit" and you will find numerous websites that explain why speeds of 60 mph and greater lower gas mileage. Yet, like motorized lemmings, we seem bent on running our of gas as fast as we can.

Will someone please tell me why?

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» So true, Beck -- unfortunately. Posted by: HughScott
» Seems like it, mnatra. Posted by: HughScott
speaking out
Posted by: speakingout on May 22, 2008 11:18 AM   
Current rating: 5    [1 = poor; 5 = excellent]
If you want to know who the real "evil empire" is, just take a look at our good old Federal Reserve. The PRIVATE corporation that issues our currency and controls our economy through their rate increases and decreases and printing of worthless paper "notes" to cause inflation. Yes, if you look at any paper bill, it does not say currency, it says "note". A note is a payment of debt. Every thing we buy is considered a debt. Our income taxes are used to pay the "national DEBT". Anyone with a brain knows that wars create debt and eventually excess debt bankrupts. The enormaous amount of debt our government has conveniently created to fund the war is being dumped on us. And guess who PROFITS from this debt? The FEDERAL RESERVE! They make the interest that they charge to lend the government their money. Stop the war, you'll stop the debt and we can get our economy back on track. Better yet, the American public should DEMAND a currency controlled by the "government of the people" and not a private enterprise!

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Article misses several points
Posted by: abatto on May 22, 2008 11:24 AM   
Current rating: 4    [1 = poor; 5 = excellent]
I'm guessing that this article was written before the announcement of the deal giving Saudia Arabia nuclear technology in return for increased oil production.

The article assumes that the rise in oil prices is simply a matter of the Saudis not pumping enough oil. Almost all the oil producing countries are currently pumping at full capacity. There is a great deal of evidence suggesting that the Saudis have been lying about their extra capacity and they don“t have as many reserves as claimed. See Matt Simmons's _Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy_.

It is unlikely that the Saudis can dramatically increase the supply of oil in the long term because many experts believe that their reserves are rapidly dwindling and can't be sustained over the long term.

What the article should have focused on is how the war in Iraq has dramatically reduced supply, the instability and fighting cut the supply from the country with the second largest reserves in the world.

The war in Iraq has also driven up prices because of the speculation caused by the instability of war. People worry about supply when insurgents can attack pipelines and prices are driven up. Similarly, the price of oil has been driven up by the US efforts to destabilize Venezuela, trying to overthrow Hugo Chavez in 2002 and then helping to instigate the months-long oil union strike, cutting supply from the country which was recently rated to having the largest reserves in the world. Venezuela has since decided to sell off Citgo and many of its assets in the US and generally divert its oil sales from the US to other countries like China.

Finally, we are paying for high prices at the pump because we are not developing any plans to actually cut our dependence on foreign oil, causing more speculation driving up the prices. Our lack of plans for developing sustainable energy such as solar, wind, tidal, and geothermal energy, coupled with national energy estimates predicting ever greater usage of foreign oil has caused oil speculators to conclude that oil will inevitably rise to $200 a barrel.

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» RE: Article misses several points Posted by: Jefferson's Guardian
Three Card Monte
Posted by: jmmartin on May 22, 2008 4:13 PM   
Current rating: 5    [1 = poor; 5 = excellent]
Robert, I agree. What we ought to be doing now is to "follow the money," as Deep Throat told the authors of All the President's Men. We know that blind trusts are a clever deception designed to allow politicians to profit from their own policies and executive actions. We know of the close relationship of Cheney and Halliburton; isn't it possible Bush had some side deals with, say, KBR and/or Blackwater? Why did the White House want to go into Iraq from earliest days (pre-9/11)? Ultimately, I think the only fit disposition would not be trial for high crimes, &c, but extraordinary rendition of the whole Bush cabinet and the neocons who got us into the mess. They should be transported to The Hague and put on trial for war crimes.

Destabilization of the Mid-East was the main objective of the invasion, and not to "fight them there so that we won't have to fight them here," which is B.S. No, it was to drive up the price of oil and profit, back alley, from the meteoric rise in gas prices, which only hurts the poor and middle class. And, to think, this was being done even as massive tax cuts for the rich proved once again (Reagan tried, too) that supply side economics is voodoo.

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» RE: Three Card Monte Posted by: JSquercia
Chickens...
Posted by: frank69 on May 22, 2008 4:13 PM   
Current rating: 5    [1 = poor; 5 = excellent]
The [oil] chickens are coming home to roost! Can you spell PEAK OIL? Do you know what the term means? If you don't know, look it up.

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CommonDreamer
Posted by: CommonDreamer on May 22, 2008 8:58 PM   
Current rating: 5    [1 = poor; 5 = excellent]
Unfortunately this ruling party decided long ago it was not important to heavily tax large SUVs (what's worse, is there is a write off for owners!)...to discourage their purchase and use. Instead what we got were Hummers and huge SUVs and no thought of the future...just the "what I want right now" mantra, mindless and irresponsible consumerism....no planning, no humility, and no sense unlike Europeans. Now we are paying the price.

Around 1985 I owned a car that got 50 miles to the gallon - a diesel Sentra. So high mileage cars were being made long ago...but we lost to the rabid, unthinking, free market barons that got elected in the ensuing years...and look where that got us. We now are so dependent on their oil for no reason other than short sightedness, irresponsible and indulgent policies, inane tax cuts and the crippling of the middle and lower classes by the plutocracy.

Because only money talks in this society it seems, we really need to heavily tax large SUVs...and heavily tax energy eating large homes also. We need to discourage the consumption of these needless behemoths and get into a sensible alternative to oil (which, again, could have been done long ago, except that we had a government that was promoting egregious selfishness at the expense of our country). Hope our next president is brave enough to tax these things out of existence and take that money and invest it in alternative fuels that do not starve other countries' populations.

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Only When It Affects Me Personally
Posted by: macdon1 on May 22, 2008 9:19 PM   
Current rating: 4    [1 = poor; 5 = excellent]
As a child I was taught that the motto of America was "in God We Trust" When I grew up and understood how things worked in this country I learned that the real motto of America is "Only When It Affects Me Personally". Well, folks, get ready to be personally affected.

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Aaaah, many thanks
Posted by: swamiji on May 23, 2008 8:18 PM   
Current rating: 5    [1 = poor; 5 = excellent]
...from our 'friends' the Saudi Royal Family...and here's that 'opulent' horse farm, paid for by SUV drivers everywhere! God Damn America, everybody!

http://www.janadriafarm.com/

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It's the WAR Economy, Stupid!
Posted by: GrannyBgood on May 25, 2008 7:31 AM   
Current rating: Not yet rated    [1 = poor; 5 = excellent]
(My new Bumpa-Stickah)

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NOT sure how
Posted by: JSquercia on Jun 3, 2008 1:59 PM   
Current rating: Not yet rated    [1 = poor; 5 = excellent]
I am not sure how to stop them but as mentioned a PART of the problem is SPECULATORS
I would hope better minds could find a way to stop them .
Another problem that caused the price of oil to jump is the Weak Dollar . In 2003 I visited Italy and the Euro was roughly equivalent to the dollar . Today it is a $1.60 .

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