To the Victor…
BBC News reports that America’s ready to claim its reward for the liberation of Iraq.
The American-backed administration in Iraq has announced sweeping economic reforms, including the sale of all state industries except for oil.The surprise announcement by Iraqi Finance Minister Kamel al-Keylani dominated the second day of meetings organised by the International Monetary Fund in Dubai.
The recently-appointed minister unveiled a string of reforms that analysts said read like a manifesto devised by Washington, signing off 30 years of Saddam Hussein and the socialist Baath Party.
On top of the massive reconstruction contracts already being laid at the feet of American corporations, several industries are expected to be “privatized”, including telecommunications. In fact, in the next couple of weeks the contracts for establishing mobile phone service in Iraq will be auctioned off. An excellent move, if you ask me. Who needs 24-hour electrical service, decent water lines, or effective protection from roving hordes of “liberated” extremist thugs when you can have the Verizon guy checking to see if we can hear him now?
In addition, the banks and financial institutions will soon be primed to be taken over by foreign interests (except for the central bank, which will become “independent”). Six foreign banks (unnamed in the BBC’s report) will be “fast-tracked” into the country, pushed ahead of the others in acquiring local financial institutions.
Other industries previously government-operated will be privatized, as well. Which is no shock, seeing as privatization is the grand dream of the GOP. And just like in America, where they have friends waiting to pounce on any government agency that can be cut loose, there are vultures circling Iraq’s major industries. And many of those vultures have American backgrounds (Halliburton, we’re looking in your direction).
What everybody’s wondering, however, is who gets the oil? Well, wonder on – ‘til truth make all things plain. “Natural Resources” are not included in the drastic “restructuring” plan. No, not a single mention of selling off Iraq’s oil industry. Halliburton won’t be able to put their greasy fingers into Iraq’s black gold. At least, not directly. Of course, they will soon control the means of financing the oil industry. As well as the companies that handle the construction of oil refineries and important equipment. Not to mention the means of distribution. And their American buddies will be glad to help out by making certain that the Iraqi government knows that it’s best to sign exclusive contracts…
You know, the people who said this war wasn’t just about oil may have been right. It may just have easily been about Verizon and Coca-Cola, as well.
Sunday, September 21st, 2003



