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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lee who wrote (23112)	9/1/2002 6:15:50 PM
From: elmatador	Respond to of 74559

<<"Russian" oil has come from wells in Iraq.>> Which explains "signing a $40 billion trade agreement with Saddam Hussein at a time when Rumsfeld/Cheney are rattling their sabres" Message 17939460 So the circle is closed. Bush administration is in fact saying two things: 1) Lets not get Iraq oil by proxy 3) Lets do a Mossadeg and get our Iraqui version of (Shah Reza Palehvi) to work with us. What's to do a Mossadeg: The Iran Crisis Mossadeg 1951 Man of Year, from Time 1952/1/1 Land of Turmoil, from Time 1952/03/24 1951 - Mossadeg became Premier, nationalized BP oil fields 1951/10 - British boycott supported by Seven Sisters, Iranian oil cut off from world markets 1953/5/28 - Mossadeg letter to Ike demanding more aid, in addition to the $23 million sent for 1952; Ike stopped all aid to Iran, ordered CIA to overthrow Mossadeg 1953/7 - Mossadeg dissolved parliament, accepted Soviet aid and coalition with Tudeh party 1953/8/19 - Kermit Roosevelt and CIA modified an earlier plan by British, supported coup led by Gen. Zahedi and army to overthrow Mossadeg and install Shah Pahlevi; Gen. H. Norman Schwartzkopf spent $10 million from CIA to organize opposition to Mossadegh, later trained the Iranian police of the Shah 1954 - Ike granted $85 million aid to Shah; Herbert Hoover Jr. as special petroleum advisor to Dulles arranged new oil consortium in Iran with 5 American companies and BP distributing the oil produced by state-owned wells, profits split 50/50, limiting production to keep stable price, and oil guaranteed to NATO allies 1959 - U.S. signed bilateral treaties with Turkey, Pakistan, Iran