January 22, 2003
U.S. Promises to Hold Iraqi Oil 'In Trust'
The Scare Quotes Sentinel is reporting that if(when) we invade Iraq, all the oil revenues will be put in a trust run by the US government:
WASHINGTON (Reuters) - Secretary of State Colin Powell (news - web sites) promised that a U.S. military occupation would hold Iraq's oilfields "in trust" for the Iraqi people.In an interview with U.S. newspapers on Tuesday, released by the State Department on Wednesday, Powell said the Bush administration was studying different models for managing the Iraqi oil industry if the United States invades.
"If we are the occupying power, it will be held for the benefit of the Iraqi people and it will be operated for the benefit of the Iraqi people," he said.
Let's hope that the persons in charge manage it better than this trust fund. Or this one.
"If you cannot find Osama, bomb Iraq.
If the markets are a drama, bomb Iraq.
If the terrorists are Saudi,
And your alibi is shoddy,
And your tastes remain quite gaudy,
Bomb Iraq." Excerpt from John Robbins' "If You're Happy and You Know it Bomb Iraq."
Published by CommonDreams.org: 12/16/02.
