Eric Margolis
Lew Rockwell.com
Tuesday, June 24, 2008
PARIS – After a sea of lies and a tsunami of propaganda, the ugly truth behind the Iraq and Afghanistan wars finally emerged into full view this week.
Four major western oil companies, Exxon, Mobil, Shell, BP and Total, are about to sign US-brokered no-bid contracts with the US-installed Baghdad regime to begin exploiting Iraq’s oil fields. Saddam Hussein had kicked these firms out three decades ago when he nationalized Iraq’s foreign-owned oil industry for the benefit of Iraq’s national development. The Baghdad regime is turning back the clock.
This agreement comes as talks are continuing between the Washington and its Baghdad client regime over future US basing rights in Iraq. After some face-saving Iraqi objections, it is expected that Baghdad will sign a compact with Washington giving US forces control of Iraq and its air space in a manner very similar to Great Britain’s colonial arrangement with Iraq.
FULL ARTICLE @ Lew Rockwell.com
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