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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (536340)12/14/2009 7:45:09 AM
From: jlallen2 Recommendations  Read Replies (2) | Respond to of 1578531
 
So much for the pinhead meme that we invaded to steal their oil....

Iraq awards oil deals, but no boon for U.S. invaders

reuters.com

BAGHDAD (Reuters) - The United States spent blood and treasure on an Iraq invasion critics said was for oil, but U.S. oil majors were largely absent from an Iraqi auction of oil deals snapped up instead by Russian, Chinese and other firms.

Iraqi officials said this proved their independence from U.S. control, and that their two bidding rounds for deals to tap Iraq's vast oil reserves -- the world's third largest -- were free of foreign political interference.

The Oil Ministry on Saturday ended its second bidding round after awarding seven of the oilfields offered for development -- adding to deals from a first auction in June that could together take Iraq up to a capacity to pump 12 million barrels per day.

"For us in Iraq, it shows the government is fully free from outside influence. Neither Russia nor America could put pressure on anyone in Iraq -- it is a pure commercial, transparent competition," said government spokesman Ali al-Dabbagh.

"No one, even the United States, can steal the oil, whatever people think."

Russia's Lukoil on Saturday clinched a deal to develop Iraq's supergiant West Qurna Phase Two oilfield, but only after its lobbying to bypass the auction and revive an old Saddam Hussein-era deal for the field had failed.

During a visit to Baghdad earlier this year, Lukoil executives had invited the press to a news conference where they had expected to announce the renewed Saddam deal. After a few terse comments, they left empty-handed and visibly annoyed.

No U.S. firms bid for fields offered in the second round, and of the four fields bid on by U.S. firms in the first round, only Exxon Mobil won a major prize, leading a group to clinch a deal for the supergiant West Qurna Phase One field.

U.S.-based Occidental came away with a quarter stake in a consortium that won a contract for the giant Zubair field.

By contrast, Chinese state oil firms were involved in every first round bid and made a strong showing in the second.

NO U.S. OIL BONANZA

The U.S. showing is far from the predictions of some invasion critics, who envisaged domination of Iraqi oil by a triumphant U.S. administration in the thrall of U.S. oil majors.

"We haven't really seen U.S. companies, and that is because of intense competition .... The issue is financial and technical and not at all political. This confirms Iraq can manage its oil policy and activities without politicization," said Thamir Ghadhban, a prime ministerial advisor and former oil minister.

The terms of Iraq's 20 year oilfield service contracts were seen by analysts as tight, and the legal ambiguity and security issues involved in a country still plagued by bombs and near constant political crisis may be a turn off for some.

"The terms are not exactly what everybody had hoped for. The bids are based on very ambitious assumptions in terms of stability -- the contract terms themselves and collaboration with the local (state oil) company and government," said a senior executive at a U.S. oil firm who declined to be named.

Foreign state oil firms, less mindful of profit margins than publicly traded firms, and those used to operating in riskier environments such as China's CNPC and Angola's Sonangol, were heavily represented among bidders for Iraqi fields.

Also, U.S. oil firms already have multi-billion dollar deals to build new refineries in Saudi Arabia, and a presence in the United Arab Emirates and Qatar.

"If you look at oil major involvement in the Gulf, the American companies have for some time been far larger than BP, Shell and Total," said Samuel Ciszuk, Middle East energy analyst at IHS Global Insight, referring to Western firms that had bid aggressively in the Iraqi auctions.

"They might look at the grand scheme of things and think they have enough exposure to the Gulf region," he added.

(Additional reporting by Missy Ryan, Editing by Michael Christie)



To: Road Walker who wrote (536340)12/14/2009 10:35:36 AM
From: longnshort3 Recommendations  Respond to of 1578531
 
"When I first began writing for The Times, I was naïve about many things. "

he still is



To: Road Walker who wrote (536340)12/14/2009 3:44:35 PM
From: tejek1 Recommendation  Respond to of 1578531
 
Oh, and conservatives simply ignore the catastrophe in commercial real estate: in their universe the only bad loans were those made to poor people and members of minority groups, because bad loans to developers of shopping malls and office towers don’t fit the narrative.

In part, the prevalence of this narrative reflects the principle enunciated by Upton Sinclair: “It is difficult to get a man to understand something when his salary depends on his not understanding it.” As Democrats have pointed out, three days before the House vote on banking reform Republican leaders met with more than 100 financial-industry lobbyists to coordinate strategies. But it also reflects the extent to which the modern Republican Party is committed to a bankrupt ideology, one that won’t let it face up to the reality of what happened to the U.S. economy.

So it’s up to the Democrats — and more specifically, since the House has passed its bill, it’s up to “centrist” Democrats in the Senate. Are they willing to learn something from the disaster that has overtaken the U.S. economy, and get behind financial reform?


The one thing that wingers have been right about.......I am growing to hate this country. There is a level of stupidity that controls the national debate in this country and they've learned to say what they have to say very loudly and very angrily so that people become confused as to what the truth is. Unless this changes, we are going down.



To: Road Walker who wrote (536340)12/14/2009 4:20:35 PM
From: tejek  Read Replies (2) | Respond to of 1578531
 
Whole Foods Republicans

The GOP needs to enlist voters who embrace a progressive lifestyle but not progressive politics.

By MICHAEL J. PETRILLI

The Republican Party is resurgent—or so goes the conventional wisdom. With its gubernatorial victories in Virginia and New Jersey, an energized "tea party" base, and an administration overreaching on health care, climate change and spending, 2010 could shape up to be 1994 all over again.

Maybe. The political landscape sure looks greener than it did a year ago, when talk of a permanent Democratic majority was omnipresent. But before John Boehner starts measuring the drapes in the Speaker's office, or the party exults about its possibilities in 2012, it's worth noting that some of the key trends driving President Barack Obama's strong victory in 2008 haven't disappeared. Republicans need to address them head-on if they want to lead a majority party again.

There are the depressing numbers on young voters (two-thirds of whom voted for Mr. Obama), African-Americans and Latinos (95% and 67% went blue respectively). But these groups have voted Democratic for decades, and their strong turnout in 2008's historic election wasn't replicated this fall, nor is it likely to be replicated again.

The voting patterns of the college-educated is another story. This is a group that, slowly but surely, is growing larger every year. About 30% of Americans 25 and older have at least a bachelor's degree; in 1988 that number was only 20% and in 1968 it was 10%.

As less-educated seniors pass away and better-educated 20- and 30-somethings take their place in the electorate, this bloc will exert growing influence. And here's the distressing news for the GOP: According to exit-poll data, a majority of college-educated voters (53%) pulled the lever for Mr. Obama in 2008—the first time a Democratic candidate has won this key

Some in the GOP see this trend as an opportunity rather than a problem. Let the Democrats have the Starbucks set, goes the thinking, and we'll grab working-class families. Minnesota Gov. Tim Pawlenty, for instance, wants to embrace "Sam's Club" Republicans. Former Arkansas Gov. Mike Huckabee pitched himself in 2008 as the guy who "looks like your co-worker, not your boss." Even Mitt Romney blasted "Eastern elites." And of course there's Sarah Palin, whose entire brand is anti-intellectual.

To be sure, playing to personal identity is hardly novel, nor is it crazy. Bill Bishop and other political analysts have noted that people's politics are as much about their lifestyle choices as their policy positions. Republicans live in exurbs and small towns, drive pick-up trucks or SUVs, go to church every Sunday, and listen to country music. Well-heeled Democrats live in cities and close-in suburbs, drive hybrids or Volvos, hang out at bookshops, and frequent farmers' markets. These are stereotypes, of course, but they also contain some truth.

Widening this cultural divide has long been part of the GOP playbook, going back to Nixon's attacks on "East Coast intellectuals" and forward to candidate Obama's arugula-eating tendencies. But with the white working class shrinking and the educated "creative class" growing, playing the populism card looks like a strategy of subtraction rather than addition. A more enlightened approach would be to go after college-educated voters, to make the GOP safe for smarties again.

What's needed is a full-fledged effort to cultivate "Whole Foods Republicans"—independent-minded voters who embrace a progressive lifestyle but not progressive politics. These highly-educated individuals appreciate diversity and would never tell racist or homophobic jokes; they like living in walkable urban environments; they believe in environmental stewardship, community service and a spirit of inclusion. And yes, many shop at Whole Foods, which has become a symbol of progressive affluence but is also a good example of the free enterprise system at work. (Not to mention that its founder is a well-known libertarian who took to these pages to excoriate ObamaCare as inimical to market principles.)

What makes these voters potential Republicans is that, lifestyle choices aside, they view big government with great suspicion. There's no law that someone who enjoys organic food, rides his bike to work, or wants a diverse school for his kids must also believe that the federal government should take over the health-care system or waste money on thousands of social programs with no evidence of effectiveness. Nor do highly educated people have to agree that a strong national defense is harmful to the cause of peace and international cooperation.

So how to woo these voters to the Republican column? The first step is to stop denigrating intelligence and education. President George W. Bush's bantering about being a "C" student may have enamored "the man in the street," but it surely discouraged more than a few "A" students from feeling like part of the team.

The same is true for Mrs. Palin's inability to name a single newspaper she reads. If the GOP doesn't want to be branded the "Party of Stupid," it could stand to nominate more people who can speak eloquently on complicated policy matters.

Even more important is the party's message on divisive social issues. When some Republicans use homophobic language, express thinly disguised contempt toward immigrants, or ridicule heartfelt concerns for the environment, they affront the values of the educated class. And they lose votes they otherwise ought to win.

The races in Virginia and New Jersey show what can happen when the GOP sticks to its core economic message instead of playing wedge politics. Both Republican candidates won majorities of college-educated voters. Their approach attracted Sam's Club Republicans and Whole Foods Republicans alike.

It's good news that America is becoming better educated, more inclusive, and more concerned about the environment. The Republican Party can either catch this wave, or watch its historic opportunity for "resurgence" wash away with the tides.

Mr. Petrilli is a research fellow at Stanford University's Hoover Institution and a frequenter of the Whole Foods Market in Silver Spring, Md.