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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (25000)11/5/2002 12:50:51 AM
From: Maurice Winn  Read Replies (1) of 74559
 
John Browne was complaining that USA companies are in the line to get the Iraqi oil which the war is allegedly not about. John is the boss of BP. If BP doesn't get their share of the spoils, I'd be surprised if Tony Blair continues to back King George II's grab for the Iraqi oil.

If the USA companies get the oil, that'll give them cheap feedstocks and high profits, but BP will be stuck with their higher cost product.

John Browne will be seeking a greater share of the Iraqi oil. Tony Blair will be backing him.

Russia, France and others are grumpy about the oil grab.

They should push for Bill Clinton to be ensconced in one of Saddam's palaces as interim UN president while a reconstituted United Nations is designed, with their first country being Iraq, forming the nucleus of a new United Nations. That should be the headquarters. The oil should be a UN possession, used to fund Iraq's and UN development.

Jay, give Hu Jintao a call and tell him there's broad public support for it. He should be able to push the process.

Back to the Babylon!

Mqurice
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