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Well, news is out that Iraq has cancels the no-bid deals with the major Western oil companies and has now struck one with the China National Petroleum Corporation.
Does everyone have that sinking feeling regarding the amount of money and lives we spent liberating this country only to have China jump in and take the treasure out from under us?
I think we overestimated the power of Western Culture in this war. Yes we provided Iraq with a form of democracy, but that is coming back to bite us with them first asking for a troop withdraw timeline and now breaking off negotiations with our companies to drill their oil.
China's nationalized oil companies are not beholden to throw that oil on the market like our companies are and it's to their benefit right now over us.
I'll ask, when do the national interests and the free market enterprise meet or cross over? As swd points out, corporations, once the breached the national market line to advance onto the global scale where not everyone is playing by the same rules it seems, again, the result of unintended consequences hit the American worker first, and now possibly the American economy?
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Does everyone have that sinking feeling regarding the amount of money and lives we spent liberating this country only to have China jump in and take the treasure out from under us?
I think we overestimated the power of Western Culture in this war. Yes we provided Iraq with a form of democracy, but that is coming back to bite us with them first asking for a troop withdraw timeline and now breaking off negotiations with our companies to drill their oil.
China's nationalized oil companies are not beholden to throw that oil on the market like our companies are and it's to their benefit right now over us.
I'll ask, when do the national interests and the free market enterprise meet or cross over? As swd points out, corporations, once the breached the national market line to advance onto the global scale where not everyone is playing by the same rules it seems, again, the result of unintended consequences hit the American worker first, and now possibly the American economy?
I thought the war was about weapons of mass destruction...correction....liberating Iraq from tyranny. And not about oil!
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1.) As if we needed more of an impetus to get the EFF off of foriegn oil?
2.) Can it be possible that America did Iraq, NOT for the oil but just as GWB said, weed out terror-friendly environments and spread assist the development of a more free society?
3.) Now that China is locking down oil deals with Saudi Arabia and Iraq, will they then come to their defense when needed? Will they prop them up in order to remain in "good standing" as their own dependance on their oil grows and grows??
1.) As if we needed more of an impetus to get the EFF off of foriegn oil?
2.) Can it be possible that America did Iraq, NOT for the oil but just as GWB said, weed out terror-friendly environments and spread assist the development of a more free society?
3.) Now that China is locking down oil deals with Saudi Arabia and Iraq, will they then come to their defense when needed? Will they prop them up in order to remain in "good standing" as their own dependance on their oil grows and grows??
If we stick to our guns, supply our own energy sources and get away from foreign oil, the answer to #3 could very well be yes. We won't need the crazy Arabs anymore or their oil.
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“So I became a newspaperman. I hated to do it but I couldn’t find honest employment.” —Mark Twain
If we stick to our guns, supply our own energy sources and get away from foreign oil, the answer to #3 could very well be yes. We won't need the crazy Arabs anymore or their oil.
Who is we ? There is no American Oil. There is global oil. This is not American Patriotism, just some crazy myth that "American" Oil companies give a doo doo about Americans. Do you actually believe that Americans can drive around in their " American " cars, wearing American Jeans, using American gas derived from American Oil? Cars are built in other countries, jeans are made in Sri Lanka.
The global economy is biting a whole in your dream world.
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In politics, nothing happens by accident. If it happens, you can bet it was planned that way.
Franklin D. Roosevelt
"Those who can make you believe absurdities can make you commit atrocities." --Voltaire
3.) Now that China is locking down oil deals with Saudi Arabia and Iraq, will they then come to their defense when needed? Will they prop them up in order to remain in "good standing" as their own dependance on their oil grows and grows??
No, and that is exactly why they did it.
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It's just business. If the Chinese are making deals for oil that has not been on the market yet, how is that a bad thing? Iraq oil has not been in the market place for 20 years, so this is new oil. Now the rest of the world will not have to compete with Chinese for the OPEC oil. Imagine OPEC losing customers and having competition. Awwwwww. The whole Iraq invasion was about keeping Iraq oil out of the non OPEC free market system. If you want to get even with China, boycott their products.Buy American.
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In politics, nothing happens by accident. If it happens, you can bet it was planned that way.
Franklin D. Roosevelt
"Those who can make you believe absurdities can make you commit atrocities." --Voltaire
Who is we ? There is no American Oil. There is global oil. This is not American Patriotism, just some crazy myth that "American" Oil companies give a doo doo about Americans. Do you actually believe that Americans can drive around in their " American " cars, wearing American Jeans, using American gas derived from American Oil? Cars are built in other countries, jeans are made in Sri Lanka.
The global economy is biting a whole in your dream world.
Very much my point in the original post. While an authoritarian government like China can pass a "what's mine is mine and what's yours I'll buy" philosophy off, the U.S. cannot.
Very much my point in the original post. While an authoritarian government like China can pass a "what's mine is mine and what's yours I'll buy" philosophy off, the U.S. cannot.
or won't.
__________________
In politics, nothing happens by accident. If it happens, you can bet it was planned that way.
Franklin D. Roosevelt
"Those who can make you believe absurdities can make you commit atrocities." --Voltaire
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