Re: Iraq's Oil

[Carrol Cox <cbcox@xxxxxxxxx>]

Marvin Gandall wrote:
>
> (Well argued piece for oil as the driving factor in the invasion of Iraq.)
>
> Crude dudes
> By Linda McQuaig
> Toronto Star
> September 20, 2004
>
> U.S. oil companies just happened to have billions of dollars they wanted to
> invest....

How much money is sloshing around looking for a place to park?

U.S. Steel turned itself into Marathon. I imagine Exxon (or whatever
it's called now) would willingly turn itself into X if necessary. Hence
it would seem that those billions looking for oil reserves to invest in
could be just as well described as billions looking for someplace,
_anyplace_, to go.

Carrol