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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (61679)	1/11/2007 5:50:15 PM
From: Metacomet	Read Replies (2) of 116555

China may recognize the Iraq Gambit unfolding vis-a-vis Iran. It has always been a fallacy that we went to Iraq for their oil. We went to stop their oil. This drove the price for Bush's Saudi cohorts above $70/barrel and drove profits for his oil patch buddies into record territory. Now we see that the vultures are about to lay claim to the Iraq reserves that have been idled so they can screw us again as the Saudi fields peter out. This was such a successful strategy for Bush, who probably now has a secret personal account in a Saudi bank worth several billion dollars, that the House of Saud is encouraging an encore in Iran. Perhaps when the Saudi King recently ordered US Oil Emissary, Cheney to appear, it was to outline the deal for attacking Iran to stop their oil too. Since the Israelis and the Saudis would both applaud such action, and these 2 capitals obviously have more influence with this administration than anyone in the US, the concern voiced by China is not surprising. We have a group of criminals here using the US military and treasury for their personal enrichment. We are just too stupid to put a stop to it.

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