Re: Cheney's Halliburton to Control Iraqi Oil?

"Timothy R. Butler" <[email protected]>
Newsgroups gmane.comp.kde.cafe
Organization Universal Networks
Message-ID <[email protected]>
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> What Iraqi company is rich enough to afford a fair price for the oil
> fields?

  I guess the "ideal" solution would be to give each tax payer in Iraq after 
reorgnizing the government so many shares of the Iraqi Oil Company. That 
would be tough.

> Beyond that the oil belongs to the Iraqi people, any privatization will be
> a criminal theft (while perhaps theoretically you could come up with a fair
> privatization plan, even though that would be nearly impossible, in
> practice for damn sure there won't be one).

  I'm not sure what the idea solution is. Having it remain nationalized sure 
isn't ideal, some political pundits have suggested nationalized oil makes 
democracy near impossible. 

  Perhaps for now the best system would be to have the Iraqi government 
auction off a ten year lease on the oil fields. (The profits to be used for 
Iraqi rebuilding, etc.). 

  -Tim

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Timothy R. Butler       Universal Networks      www.uninet.info
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