April 18, 2006
War with Iran?
Oil futures hit the magic number yesterday--$70 per barrel. And a gallon at the pump is moving rapidly toward $3. Why? Oil companies with almost unbelievable profits last year explain that upheavel in Nigeria and problems with Iran are responsible. Certainly not the mergers of the oil companies and their control of prices. Heavens no!
With our debt out of site, our trade imbalance freightening, interest rates climbing, poverty increasing, schools failing, why not Wag the Dog again? Nothing like pin-point bombing on TV to fascinate and distract the American people.
And, I didn't mention that Iran sells 4 million barrels of oil per day. Take that off the market and prices skyrocket. Who profits? One guess.
It's been a week since six retired generals with experience in Iraq called for Rummy's resignation. Wesley Clark joined the group yesterday. Now Human Rights Watch is calling for Rumsfeld's indicment for personally calling the shots in the torture of a detainee in Gitmo. Stranger things have happened.
All this while the US builds an enormous embassy in the Green zone. Withdrawal? Not until our engineers figure out how Halliburton can move our oil out of Iraq.
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