Dear Editor, In Michael King's column "Point Austin: Act Against the War" [News, Jan. 19] the author makes the following statement: "But the ubiquitous conspiracy theories about the administration's ultimate intentions all have a fatal flaw: These vainglorious idiots simply don't know what they're doing." King's statement depends on the metric one would use to judge the results of Bush's actions. No, they have not brought democracy and stability to Iraq, but there was never any intention to do so. They have, however, come quite far in taking over and controlling the resources of that country. It is clear to anybody who judges these people based on their actions, while ignoring the rhetoric they offer for popular consumption, that they have been quite successful. In fact, as you read this letter, they are wrapping up an agreement that will turn over control of these resources to foreign oil companies, i.e., Exxon Mobil, Royal Dutch Shell, BP, and Chevron Texaco. In the eyes of the Bush administration's benefactors, they have been quite successful. Insisting on portraying our current leaders as bumbling but well-meaning people who have failed to do something that they never really intended on doing betrays a rather shallow understanding of U.S. foreign policy. If the people in the Bush administration were as stupid as Mr. King insists, they would not be in power.