June 13, 2006

Palast: Plan B In Iraq

Gotta luv yer big Buzzflash headlines:
We Invaded Iraq to Increase Oil Company Profits by Ensuring that the Price of Oil Would Rise Due to Decreased -- Not Increased -- Availability
Food for thought from Greg Palast, who is often ten steps ahead of the game.
Greg Palast: Bush had a secret plan for Iraq’s oil. Make that, he had two, and I got them. It was not easy, let me tell you. The first plan that I found was crafted by the Neo-cons – Wolfowitz and the whole Rumsfeld gang. Their program for oil in Iraq was to sell off the oil fields. We have it in black and white. They called this privatization, which means slice, dice and sell. Of course, since Iraqis only have Iraqi currency, it wouldn’t go to Iraqis, right?

That plan was handed to General Jay Garner, our first vice counsel there. I showed him the secret plan and he said, “Yes, that’s it.” I said, “Why didn’t you implement it?” He said basically that he told Rumsfeld to take the plan and stick it where the desert sun doesn’t rise.

BuzzFlash: And then Garner got relieved of duty.

Greg Palast: That night, Rumsfeld said, well, don’t unpack. You’re fired.

BuzzFlash: Then they sent Paul Bremer.

Greg Palast: They sent in Paul Bremer, whose sole qualification for the job was that he was managing director of Kissinger Associates. But the plan to sell off Iraq’s oil fields was blocked by something I didn’t expect – big oil, the big oil companies. They said: Listen guys, this isn’t how it’s done in the Mideast. You let the Iraqis pretend that they own the oil, and what we do is we have no-bid production sharing agreements. The key thing is to make sure – and here’s the kicker – make sure we don’t get too much oil.

I have the actual 323-page document drafted by big oil executives in Houston, working with James Baker’s people. Remember, James Baker represents Exxon Oil Company. He also represents the Kingdom of Saudi Arabia. These are the guys drafting the plans – our plans for Iraq’s oil.
There is a LOT more in this interview. Good stuff...


Blog Archive