Iraqis Stand to Lose $200 Billion of Oil Money

...and this war wasn't/isn't about oil?!

British paper, The Independent, reports today that the US is pressuring Iraq to hand over development of its oil reserves to US and British multinationals. This would have a devastating effect on the already crippled economy of the war-torn country.

The activist group War on Want has released a paper entitled Crude Designs: The Rip-Off of Iraq's Oil Wealth that details this plan. Please read and share it with your friends. Send it to your congressional representatives.

Download the paper here.


"If Zarqawi and bin Laden gain control of Iraq, they would create a new training ground for future terrorist attacks. They'd seize oil fields to fund their ambitions. They could recruit more terrorists by claiming an historic victory over the United States and our coalition." -- Dubya offers a new scenario (of his creation) to stay the course in Iraq, and also reverts to tying bin Laden with Iraq, San Diego, California, Aug. 30, 2005 (emphasis added)