Iraq = Oil

RECEIVED Mon., May 24, 2004

Mr. Black,
   May 14th's "Page Two" asked the question "Why are we in Iraq?"
   You wrote eloquently about the effects of fear on common sense, and as much as I agree, I'd also like to offer up the obvious: We're in Iraq to protect our lifeblood – oil.
   Consider the preinvasion period: Did Bush abort the inspections process because of the urgent threat of attack from Iraq, or because of the very real possibility that the inspectors would ultimately report that Iraq was indeed free of WMDs? If the inspectors were to find no evidence of WMDs, the UN would probably lift sanctions against Iraq, thereby initiating the lease contracts and oil exploration rights that the Russians, French, and Chinese held regarding Iraq's oil fields. The Bush administration would not allow other nations an important foothold over Iraq's oil reserves and, just as importantly, for those reserves to be sold in euros.
   This administration didn't give urgency to the invasion so as to protect us and innocent Iraqis from Saddam and the "evildoers"; rather, the Bush regime felt an immediate need to dominate Iraq's oil reserves and protect the value of the U.S. dollar. Consequently, in May 2003 they presented Resolution 1483 to the UN Security Council, a proposal that aimed to drop all oil sanctions against Iraq and transfer control of Iraq's oil revenue to the U.S. and Britain. The Security Council passed the resolution later that month, effectively voiding all existing oil contracts under Saddam and converting Iraq's oil exports back to the dollar. (The currency that dominates oil transactions is generally the currency that dominates the global economy.)
   In the wake of 9/11, the neocon brain trust knew that Americans would be susceptible to manufactured canards designed to scare the shit out of us. They generated propaganda disguised as "intelligence" knowing that the corporate-controlled, so-called liberal media would dutifully repeat the "intelligence" without mentioning the abundance of competing information that ultimately proved more reliable. As long as the Bush administration could keep attention focused on bunk analysis about weapons of mass destruction and those cheese-eating surrender monkeys in France, most Americans would overlook the root cause of the Iraq War: American imperialism.
William Schulte
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