Crony capitalism, not competition marks Bush oil policy in Iraq

Freedom's Phoenix
by Sherwood Ross

08/11/08

The Hunt and Halliburton deals offer vivid proof that ‘crony capitalism,’ not the free market brand, is being practiced divvying up Iraq’s oil resources and the other spoils of war. This has long been Bush’s modus vivendi. The Wall Street Journal once noted his Harken Energy Co. acquired exclusive offshore drilling rights from Bahrain in 1990 even though it had never drilled a single well. How did Harken get it? Well, Bush’s father at the time occupied the White House...

http://www.freedomsphoenix.com/Feature-Article.htm?InfoNo=036922


Informant: Thomas L. Knapp



http://freepage.twoday.net/search?q=capitalism
http://freepage.twoday.net/search?q=Iraq+oil
http://freepage.twoday.net/search?q=Big+Oil
http://freepage.twoday.net/search?q=drilling
http://freepage.twoday.net/search?q=Halliburton
http://freepage.twoday.net/search?q=Sherwood+Ross

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