Dividing the Spoils of War
Reported by Eleanor - June 28, 2004 -
Why did Iraq's Program Review Board commit billions of dollars in Iraq's oil revenues to contracts that will enrich US and British corporations, thus limiting the revenue of the new Iraqi government? Why were these contracts given at the last minute rather than waiting for the new Iraqi government to make the decisions?
The U.S. and the Iraqi governments are left out of these private lucrative contracts. U.S capitalism is alive and well in Iraq, even if democracy is still only a dream. Read the entire article at The New Standard, "Iraq's 'Sovereign' Government to Have Little Control Over Oil Money."
