[Vision2020] British BP Shares Rights for Iraq Rumaila Field With Chinese

Ted Moffett starbliss at gmail.com
Mon Oct 19 21:34:31 PDT 2009


So after the US, with backing from Blair's UK government, overthrew a
dictator in Iraq to ostensibly promote human rights, democracy and freedom,
Chinese interests operating under a one party human rights abusing
dictatorship gain rights to Iraq oil?  Of course, as long as China is
complicit in offering its cheap captive abundant labor to facilitate
multinational corporations to make billions, the US, a nation controlled in
large measure by the interests of multinational corporations, might not be
inclined to resist China's need for energy that will power the very
industries in China that the multinational corporations are making a killing
on.  And where will this wealth flow in the US?  Primarily to the top 1
percent, is my guess:
 Top 1 Percent of Americans Reaped Two-Thirds of Income Gains in Last
Economic Expansion
Income Concentration in 2007 Was at Highest Level Since 1928, New Analysis
Shows:
http://www.cbpp.org/cms/index.cfm?fa=view&id=2908#
------------
 BP Wins Huge Oil License in Iraq The British energy giant will share
exploration rights for the coveted Rumaila field with Chinese and local
partners in a sign that Iraq is open for business:
http://www.businessweek.com/globalbiz/content/oct2009/gb20091019_649543.htm

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Vision2020 Post: Ted Moffett
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