"the Truth at any cost"

Thursday, September 27, 2007

How are you folks doing?

Tuesday, September 04, 2007

Iraq Oil Law

Two quick things. First of all, there has been a lot of talk in the media lately about the "Iraq Oil Law". It is one of the political benchmarks the U.S. set against the al-Maliki government.
Now, being the inquisitive mind that I am...I wanted to know...what is this Oil Law? Is it to share all profits among the country, ensuring that it isn't just the Kurds whom receive the profit? Is it to ensure that hardworking and cooperative Iraqis will be able to reap the spoils of their hard work?
NO.
The Iraqi Oil Law is a bill that guarantees at least 12.5% of oil profits to foreign companies. It gives the Iraqi government ownership of 17 of Iraq's 80 oil fields, with the rest of the developed fields going to foreign companies. All undeveloped and undiscovered fields (which, this is Iraq, there are plenty), are open to private investors.
Why is no one paying attention?

On a more sympathetic note, in a new book out today, President Bush admits that he cries. A lot.
Am I laughing? No. It gives me a warm sentiment inside...you know...a Humean moral sentiment...to know that our President, wrong as he may be, is trying to do his best. Barring that, he feels guilty.
He isn't a heartless evil demon like some liberals want to stamp him. He is just a guy, with differing beliefs. I think he really does believe invading Iraq was right. And he really does believe privatization will benefit all.
So let's take a breath, and realize that there are very few people out there who are flat out evil all the time. Most just disagree about fundamental beliefs.

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