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To: Sherman Logan

The US (I assume that’s what you meant be “we”) stole Iraq’s oil? How so?


25 posted on 11/19/2008 12:36:10 PM PST by little jeremiah (Leave illusion, come to the truth. Leave the darkness, come to the light.)
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To: little jeremiah

My ironic reference was to the constant claims that we are in Iraq to steal their oil. We have spent hundreds of billions in Iraq, and what oil they have we BUY from them.

We didn’t get anything out of invading Iraq, financially.

The author’s claim is that the rebuilding of the economies of Europe in the early 50s was being financed by money stolen from African and Asian colonies.

I was merely pointing out that with few exceptions after 1850 the cost of running a colony was considerably higher than the amount collected in taxes and other income there. They were not a financially profitable investment. Colonies were popular for quite other reasons.


27 posted on 11/19/2008 12:46:27 PM PST by Sherman Logan (Everyone has a right to his own opinion, but not to his own facts.)
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