Tweet "The hidden agenda of the US government in Iraq has been three -- fold. Firstly, to take control of the world’s second largest oil reserves, thereby seizing one of the key oil spigots of competitors like Japan, China and the EU. Secondly, to prevent the dollar -- based world oil market from transacting in Euros, something Iran, Iraq and Venezuela were attempting since 2002, when the Euro was launched. Thirdly, the establishment of permanent US military bases in the strategic heart of the world. (The US has built the world’s largest embassy – employing 5000 people – in Baghdad)."
"In all three respects, the war has been a resounding success. US oil companies have taken charge of Iraqi oil. In the future it is through them that Japan, China, EU and any other competitors will have to buy oil from the region, something that gives the US formidable leverage. The oil market continues to transact in dollars, fragile as it is as a global reserve currency. Iranian experiments with the Euro Bourse have not taken off.
Later in article:
"Among those who know, the accepted view is that Iraq has suffered two assaults, the military and the corporate , both filling the coffers of Washington’s patron corporations at the expense of epic human misery. Reviewing the enormous corruption and the no -- bid contracts handed out to companies like Halliburton and Bechtel, The Boston Globe recently suggested that the American involvement “amounts to two invasions. First the bombs. Then the banks. This is robbery, not reconstruction.” To add insult to these injuries, all US oil corporations operating in Iraq have been granted total legal immunity from prosecution for any crime -- involving labor, human rights or environmental law or any other violations -- under an Executive Order issued by the President a few years ago. For all that the “international community” cares about human rights and the environment, Exxon -- Mobil or Chevron -- Texaco could use slave labor or spill their oil off the coast of Basra without having to worry about any sort of prosecution whatsoever. Rule of law in the new, democratic Iraq."