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| Re: Harvard Forced Obama Sr. Out: ''Couldn't figure out how many wives he had''. (773095) | |||
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Re: Harvard Forced Obama Sr. Out: ''Couldn't figure out how many wives he had''. |
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Posted by SelkirkTMO on Sat Apr 30 21:43:54 2011, in response to Re: Harvard Forced Obama Sr. Out: ''Couldn't figure out how many wives he had''., posted by Train Dude on Sat Apr 30 21:25:45 2011. Conservatives ... always full of shit and never knowing how to use a plunger. LOL.Plan: Tap Iraq’s Oil U.S. considers seizing revenues to pay for occupation Copyright © 2003, Newsday, Inc. ^ | January 10, 2003 | Knut Royce Plan: Tap Iraq’s Oil U.S. considers seizing revenues to pay for occupation, source says Washington -- Bush administration officials are seriously considering proposals that the United States tap Iraq's oil to help pay the cost of a military occupation, a move that likely would prove highly inflammatory in an Arab world already suspicious of U.S. motives in Iraq. "There are people in the White House who take the position that it's all the spoils of war,” said the source, who asked not to be further identified. "We [the United States] take all the oil money until there is a new democratic government [in Iraq].” Another source who has worked closely with the office of Vice President Dick Cheney said that a number of officials there too are urging that Iraq's oil funds be used to defray the cost of occupation. The Congressional Budget Office estimates that the cost of an occupation would range from $12 billion to $48 billion a year, and officials believe an occupation could last 1-1/2 years or more. And Iraq has a lot of oil. Its proven oil reserves are second in the world only to Saudi Arabia's. But how much revenue could be generated is an open question. The budget office estimates Iraq now is producing nearly 2.8 million a day, with 80 percent of the revenues going for the United Nations Oil for Food Program or domestic consumption. The remaining 20 percent, worth about $3 billion a year, is generated by oil smuggling and much of it goes to support Saddam Hussein's military. In theory that is the money that could be used for reconstruction or to help defer occupation costs. But the source who contributed to the Marshall report said that its conclusions reflect the opinion of many senior administration officials. "It [the oil] is going to fund the U.S. military presence there,” he said. "... They're not just going to take the Iraqi oil and use it for Iraq's purpose. They will charge the Iraqis for the U.S. cost of operating in Iraq. I don't think they're planning as far as I know to use Iraqi oil to pay for the invasion, but they are going to use it to pay for the occupation.” (Excerpt) Read more at newsday.com ... |
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