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American Gains From The War - Is It Not About Oil?

http://news.bbc.co.uk/2/hi/7444083.stm

A BBC investigation estimates that around $23bn (£11.75bn) may have been lost, stolen or just not properly accounted for in Iraq.

For the first time, the extent to which some private contractors have profited from the conflict and rebuilding has been researched by the BBC's Panorama using US and Iraqi government sources.

A US gagging order is preventing discussion of the allegations.

The order applies to 70 court cases against some of the top US companies.

War profiteering

While George Bush remains in the White House, it is unlikely the gagging orders will be lifted.

To date, no major US contractor faces trial for fraud or mismanagement in Iraq.

The president's Democrat opponents are keeping up the pressure over war profiteering in Iraq.

Henry Waxman who chairs the House Committee on Oversight and Government Reform said: "The money that's gone into waste, fraud and abuse under these contracts is just so outrageous, its egregious.

"It may well turn out to be the largest war profiteering in history."

In the run-up to the invasion one of the most senior officials in charge of procurement in the Pentagon objected to a contract potentially worth seven billion that was given to Halliburton, a Texan company, which used to be run by Dick Cheney before he became vice-president.

Unusually only Halliburton got to bid - and won.

Missing billions

The search for the missing billions also led the programme to a house in Acton in West London where Hazem Shalaan lived until he was appointed to the new Iraqi government as minister of defence in 2004.

Judge Radhi al Radhi: "I believe these people are criminals."

He and his associates siphoned an estimated $1.2 billion out of the ministry.

They bought old military equipment from Poland but claimed for top class weapons.

Meanwhile they diverted money into their own accounts.

Judge Radhi al-Radhi of Iraq's Commission for Public Integrity investigated.

He said: "I believe these people are criminals.

"They failed to rebuild the Ministry of Defence , and as a result the violence and the bloodshed went on and on - the murder of Iraqis and foreigners continues and they bear responsibility."

Mr Shalaan was sentenced to two jail terms but he fled the country.

He said he was innocent and that it was all a plot against him by pro-Iranian MPs in the government.

There is an Interpol arrest out for him but he is on the run - using a private jet to move around the globe.

He stills owns commercial properties in the Marble Arch area of London.

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47 answers

America, and George Bush, na country of war. They have plenty of arms and ammunitions so they have to use the arms otherwise their weapons industry will collapse

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Lies. This forum was not running as at the time Iraq invaded Kuwait so there was no way you could have known whether we condemned the invasion or not.

What you heard is the truth my brother, the US came to rescue Kuwait because of oil. Or, do you want Bush Senior to personally tell you that before you will believe this open secret?

Guy, I believe your blind love for the US is making you see ghosts.

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Even Iraq that Invaded Kuwait in 1990 was for what reason? Oil or It was their right to invade Kuwait then? Non of you ever condemned the invasion. Again, non of you applauded US for evicting Iraq from Kuwait. Instead, I heard some people saying that US came to Kuwait rescue because of oil. Imagine the way you guys reason.

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Which people are the anti americans? are they not mostly americans citizens?

If someone opposes america, he becomes a part of anti-american mob.

yeparipa

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And the de facto leader of the pro-American gang aka "I love US pass my life" has "spoken".

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One of the things that amazes me about the clueless anti-American mob is their complete and abject disregard of the truth bordering on an allergy to facts.

Someone just suggested that the US military is made up of mainly immigrants.Yet,in 04/05 for instance,73% of US military recruits were whites.That is proportional to their composition of the general adult populace.

Another suggested that "poor" people are overrepresented in the military when in actual fact,they are underrepresented.Recruits are disproportionately from the middle-class.Its also important to note that recruits are generally better educated than their peers of a similar age.

http://www.heritage.org/Research/NationalSecurity/cda06-09.cfm

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Question is, why don't people understand that profit motive runs America?

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Iraq is definitely one of the several avenues for the US to keep it's economy invigorated. I dont mind that but I have issues with trying to pull the wool over our eyes about their reasons for attcking Iraq

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Naijaking1,

well said.

I saw an EU documentary. The US Army delibrately go to poor towns and entice those 'poor boys' to join the army.

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@Pastor PLC

I hope the above video adds a little to your understanding of the US motivation for invading Iraq.

Earlier, you said something like US could not sacrifice so many lives just for oil. My question to you is whose lives, the life of Iraqis, or the life of 4100 US soldiers?

For the US soldiers, please don't forget that these are 'volunteer' army made of Nigerian, Mexican, Asian immigrants who volunteered as a way of getting something from the US government--- I mean scholarship for college, citizenship, loan forgiveness, etc. Then there are the usual African Americans, and economically disadvantaged whites(like Lindy England of Abu Gharib fame).

When you show me a child of Bush, Cheney, or Rumsfeld counted as one of the 4100 killed, or even serving anywhere near the front line, then I will tell you that the dead American soldiers matters.

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@Negro_Ntns,

And he is making a very bad job out of it, he never bothers to make comments based on facts, rather based on what he thinks or prefers.

As for Bush I believe that is the end of that name in US politics thanks to the many avoidable blunders of George Bush.

As for relevance the US is going down as more responsible countries are being listened to these days since we all cannot tolerate lies from the US president.

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Afam,

I am suspecting Pastor is implanted here to infilterate or he is a beneficiary of US' many gifts and is showing gratitude on account of that, inspite that his direction is against the grain of popular view on the war.

Hans Blix and his team were kiscked out about 48hrs before launch, matter of fact, he was told blandly that his report no longer hold relevance. Bush said UN had become non-relevant and he was prepared to overstep their authority on the Iraq matter. That's why he went in unilaterally and to Pastor's point, everything was Bush say, Bush did, Bush gave, Bush warned,

For whatever his motive, who is Bush in human experience to decide what is good and valuable for the rest of humanity on the planet? An ignorant man in a noble position. He is not the first and won't be the last pea brain to wear a glorious Crown. What he ended up doing is discredit his family name, his father's wisdom and legacy in Operation Desertstorm as well as the goodwill of the general American citizens. With this war he wiped away the innocence and naivety of several generations to come and it's a pity. Hope America will regain its political strength in the wisdom of a wise and noble statesman. A statesman, not a politician! America needs a statesman to lead it into the future.

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So, the decision to attack Iraq was that of Bush alone? Hmm, Nairaland no get part 2.

Obviously you don't have a clue about what you put down there as IAEA was on ground and their reports till date were proven right when no single weapon of mass destruction was found in Iraq. As a matter of fact the US threatened to start the attack even while the inspectors were still in Iraq.

Another "I love US pass my life" poster on the forum.

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Who said the Iraqi war was not for oil?

Please watch this cnn clip.

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Pastor, Bush is not an institution, Bush is not an establishment, Bush is not a process, Bush is a party in the war. Is that the best you can do with your proof?

Please produce something more challenging to the brain. Let me help you,

1. what does American footprint in the middle east look like?

2. what is the common denominator for those footprints?

3. why did Hans Blix refuse to terminate inspections in Iraq until forced out few hours before the war was launched, what did he recommend in his report to the UN?

4. why did Colin Powell not make reference to Blix's report in his address to the UN?

5. the head of CIA had no business in UN, Colin Powell insisted against all odds that he will not present that address unless George Tenet was sitting behind him and within camera scope for that historical address at the UN. Why did Powell use that photo advantage, what was his reason to record history in that manner?

6. what made American security forces raid Ahmed Chalabi's office and residence, what was the intent?

7. why was Saddam hurriedly assasinated before all the atrocities against had been adjudicated?

Pastor, I will be waiting, if you can answer these questions correctly and intelligibly, I will switch my position on the topic. Trust me, these are just few of the many questions that all point to the same conclusion _ OIL.

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To prove to you that the “WAR” in Iraq was not because of oil:

*[/b]At the last moment Bush made up his mind to deploy troops to Iraq – he told Saddam that the only thing that

would stop America from invading Iraq at that point was Saddam’s resignation as the President of Iraq. He ordered that Saddam must handover to someone else and not his sons. If Saddam had done this, America would not have invaded Iraq.

[b]*[/b]Bush demanded that Iraq should give UN “FULL” Access to every place UN wanted to search, but this was not done again. If Saddam had given UN “Full Access,” Bush would not have declared war against Iraq.

Could you remember when Yatsa Arafat told Saddam to sacrifice his position for Iraqis by stepping down so as to bring the war to an end because Iraqis had sacrificed a lot in that war? You can now believe that oil was not the issue.

[b]Now, prove to me that the “WAR” was all about OIL

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Nigeria has not made a move to stop oil trade with America, but has there not already been an economic suicide in spite of that? Come on, ideology is a way of life, not an event! You know what, I think I just got an idea. That will become my new signature! Anyother person out there looking for proof that thiw war is about oil? I have a reading to recommend. "A New American Century". What did America call the invasion, does any remember? Anyone?? OIF_Operation Iraqi Freedom. That's what they changed it to for political correctness. Anyone know what the original proposal was?? OIL_Operation Iraqi Liberation. Do you know what political correctness stand for? Take a concept that is unacceptable to the human conscience, add some wordsmithing to it and forget about their conscience and just present it to their brain. Anytime your conscience is dismissed your truth is dismissed. Each time your truth is dismissed your dignity as a human is insulted, everytime you fail to defend your dignity you loose your position to the other side from where the spin is issued. Look, don't get me started this morning.

Bottom line, its about Oil, I don't need to prove it. Why don't you prove that's its not about oil? What evidence do you have that suggest otherwise?

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do you know the English had their grudge on US over contract allocation as most are american. hmmm these analsit? better come back home and build nigeria as they are losing their brain cells in the cold

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For your argument to make sense,lets make some assumptions,most of them beyond the realm of rationality.

Lets assume that all current known Iraqi reserves will be sold with exclusively US oil companies as joint venture partners(in reality,even now,the Iraqi Govt doesn't allow this).The proportion of gross revenue that goes to such a partner,it varies depending on the contract, taking Nigeria as an example typically won't exceed 15%(its likely to be even less).

Lets assume profit margins of 30%(I'm being extremely generous). . . .revenues of $2.1 trillion,using the $14trillion you used, will generate profits of $630bn.Given that the Iraq war would have cost far more than that,I also adopted extremely generous assumptions,the Iraq war won't have a net financial benefit for the US from the oil sector.

The Iraqis will have to grant US oil companies exclusive rights for eternity for the above to even apply.They haven't done it now,you have to be a bit blinkered to believe they will ever do so.

We used current market value,US oil companies would have had to have known that oil prices(which were $30 p/b in '03)would come up to this level and never go lower than this until Iraq runs out of oil.

In summary,that aspect of the 'oil for war conspiracy' is absurd,imbecilic and hopelessly uninformed.

I noted that none of the US Govt officials will derive any pecuniary benefits from the contracts.You mentioned Cheney's stock options-these are the same stock options in respect of which he is legally bound to hand over any profits therefrom to charity.I repeat,Cheney derives no personal financial benefit from contracts awarded to Halliburton.

As for the Laura Bush aspect,I am still awaiting evidence of what these links are.Won't be any different from the horse hockey conspiracy theories you hear about politicians

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where did America spend all the money? Was it not spent buying their own equipment? so who exactly does it benefit?

Does anyone think America would be happy to produce all those weapons and have nowhere to use them?

open your eyes jare

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most of what i wrote were obviously exaggerated but at current price their reserve is worth about $14trillion*, the current economy might be worth less than NJ but US will definitely be getting a good chunk of that money!

what other countries benefits from Iraqi oil is peanuts to what the Americans will get for a very looooong time!

Cheney still have stock options with haliburton!! Laura bush is linked with a company rebuilding hospitals and clinics!

* can't remember the precise amount from the doc.

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The gaping flaw in the above should be obvious.Some American companies have benefited from Iraq but so have Russian,Iraqi,French,German companies,e.t.c

Your argument is founded on untruths-that people like Cheney and Laura Bush(I don't even know how she is linked) will incur some pecuniary benefits from contracts awarded to US companies.That is pure bullocks.

Your claim that "almost every thing" is supplied by US companies is laughable.Perhaps,almost everything to US troops but the Iraqi Govt regularly awards contracts to Iranian companies,never mind their American counterparts.For instance,Orascom(the Egyptian company)got the most lucrative telecoms contracts.Turkish and other Middle-Eastern companies have lucrative deals in the oil sector.

Even if the Iraqis awarded all such contracts to the US,common sense will tell you that a $100bn economy like Iraq's won't produce enough profits to cover for a war that costs $100bn a year for a nation like the US with a $14 trillion economy. The entire Iraqi economy is smaller than that of New Jersey.

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99.02% of those companies are American companies!!!

some linked with Laura bush, Cheney, retired military general etc

when you are starting a business you normally run a loss for several years before making crazy profits!!!

the US is basically investing in iraq! (almost)every single thing is being supplied by American companies, the drilling the trading, the security of the oil facilities are in the hands of the Americans; 100 years to come they'll still be getting their cut!

so where are the wmds

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Firstly,if Nigeria decided instantly to stop selling oil to the US,such an economically suicidal act would justify any such opprobrium rained on the Nigerian leadership. Beyond that,Saddam never made such a decision to stop selling oil to the US so I don't see how your mangled analogy arises.

I remember a TV debate back in 2003 in which someone asked a proponent of the oil conspiracy theories how precisely a war in Iraq will benefit the US.The conspiracist was stumped for words. The US could easily cut a deal with Saddam for oil,he was very much open to that,and let him be. Listening to these people,you would think Iraq sells oil to the US at a discount.

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Pastor, here is the bottom line, if Nigeria decides tomorrow to stop selling oil to America, trust me within months Nigeria will be labeled with a negative and false accusation, they will say your leaders are abusing the citizens, starving them, there are graduates on the streets with no job, there is no electricity, this human abuse, this is slavery, this is oppression, all kind of atrocities will be heaped against the Nigerian leaders. The atrocities are not wrong, but why is America not out there talking about it now? Oil! When the flow stop, the seal on the mouth also come off and they talk till there is enough legitimized reason why Nigeria should be attacked so they can save the people. Are they blind, can they not save us now if they want to? Open your eyes Pastor, take off your blindfold.

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US invaded Iraq because of oil, still non of you can prove it. I have not read anything from you guys to prove it. It's just false assumption. Why didn't Saddam Hussein cry out that he had no nuclear weapon when America was accusing his country. He pretended he had it only to intimidate the rest of Asian countries with his sham claim. Even when UN came to Iraq to search, he didn't give them full access. He only took them around to places he liked. Now, where is the nigger? He died shamefully with his 2 sons.

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Pastor, the money is all in the pocket of Americans. It's not wasted. Money/resources can be said to be completely wasted when it has taken leave from your economy and has no way of multiplying to good effect. If it is still within the economy, it can only generate further wealth.

Comparing to Nigeria, the reason Nigeria has so much problems is because we steal money and send the money abroad to multiply within foreign economies and help them to develop

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I wonder what the war is all about if it is not for oil. Iraq just happen to be the victim for now God forbid if Nigeria should let these Niger-Delta issues extend beyond control then, expect the BIG BROTHERS America. They will claim to be fighting for innocent Nigerians againt Millitants while they enrich their economy with Nigeria's treasury.

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They have made so much money from Iraq and they say it was not about the oil.

thief thief Americans

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Pastor, while you are there, read about BLACKWATER also. Ya hear me?

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Pastor, please shut up! Please just shutt upp!!!

You are giving migraine with your yucky responses. If you don't have anything original to say on this topic PLEASE LAY BACK AND WATCH AS PEOPLE DISCUSS RELEVANCE AND CONTRIBUTE INSIGHTFUL COMMENTS TO THE SUBJECT.

I have a question for you. Do you know about The New American Century? If you do not I suggest you go read about them and then use that knowledge to reposition your understanding on this subject. Please.

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There seems to be some disconnect here.

The title said the war was about oil, but the article points to war profiteering by contractor companies.

There's a difference between these two. please clarify

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Pastor,same money you are saying is wasted are in the pockets of the ring leading war lords,bush,cheney and co,don't you get it?money don't just disappear,it is not cash but word of mouth and arragement,money that doesn't exist,but it belongs to them,put your name to it,if you are part of the players.

In as much as it makes the economy buoyant a bit,the primary interest is not american public in general,but the reptilian clicks of illuminaties,as always,all those traditional products of yales,harvard,oxford,cambrige,brotherhood in crime,from the universities to  goverments,same principles of manipulating, ruling and controling the world,here to stay,unless you wise up.

Bush is a product of yales but he doesn't sound or act bright,which goes to show that going to yales is not about intelligence,but what your name is,who is your father?I am suprise at people who doesn't know that this whole bullshit of world politics and social order is a very shallow and dumb game,played by some animals with great deal of complexes,trying to be what they are not,at this time of age of available information,where every body should be empowered by knowing the truth,only the truth shall set you free,it's not about money or wealth,but REAL knowledge,knowing that it is your birth right to be.

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Can you compare what US has lost in that War with what you falsely claimed as the gain so far? Why making your slice up on the war without proof to back it up? Listen, the Iraq war has cost the US 50-60 times more than what you think is the gain and the US lost so far is threatening the world economy. I remember the former World Bank vice-president said the war had, so far, cost the US something like $US3trillion ($3.3 trillion) and that the US government has spent over $US500 billion on medical and welfare for military servicemen alone.

So, tell me how much they have realized from the so-called oil and Iraq economy still remain relatively buoyant. The war was now the second-most expensive in US history after World War II and the second-longest after Vietnam. No right thinking person will agree that oil was the cause of the War in Iraq because US spending on Iraq was a hidden cause for massive financial drain that has continued flooding the American economy. Go and check US economy and you will understand the point I’m making.

The fallout of that war in Iraq has continued to plunge the US economy into recession and saddling Bush (US president) with the biggest budget deficit in history.

We are not even talking of able soldiers wasted in that war and they continue to face danger till date. The money being spent on the war each week would be enough to wipe out illiteracy around the world and you guys are there talking about oil as if Saudi Arabia, Libya, Kuwait etc have no oil. Still America has not invaded those countries.

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support killer troops as they perpetuate the killing and maiming of the innocent people of Iraq?

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The war in Iraq has done more harm than good for the US. economy. But let's continue to support those troops, no matter what.

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just waiting for those JUMBO-MOBO analist to see what they make of this one. yes like they all wanted, america base in NIgeria?

shine your eyes well wellu o! Well that US profited from war is no news to us im afraid. We already knew it!

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The word illuminati is old terminology,the more you look,the less you see,the eye on the dollar is a symbol of big brother watching over all and absolut domination.War industries and affairs is a multi-trillion dollar business and it is here to stay as long as greedy and inhumane people live.

Do you think they design and create those killing machines for exhibitions and charities?they create them to instigate troubles and make money,a whole lot of connected affairs,from the federal reserve,world bank amd imf that finance the business,to defense,to arms makers and dealers,to employees connected to the industries, to even sulks supplying contractors is a complex web of money generating which keeps the players bastardly rich and the economy buoyant.

Federal reserve was set up to finance wars,and deep down it is family owned not american goverment,even though it sounds so. This game have been on from centuries,from the knight templars to this day,same group of people,from generation to generation and it is the same ball game of manipulation,conquest,brutality and material gains.

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The issue on this thread remains Iraq but as usual when people like you are exposed for what you are you begin to see ghosts.

Afghanistan ko, Argentina ni. Nonsense.

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Im certain that Oil was included in the decision for attacking Iraq, as well as the fact that the U.S. has never had love for Saddam or the way he ran his country, As you can see it didnt take much for the U.S. to launch the war in the first place. One faulty piece of C.I.A intelligence and Iraq is forever changed, For the better or worse is yet to be seen.

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You obviously see only one side of the divide and your argument is not even deep enough anyway

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Shallow way of reasoning? My dear, the way of reasoning that you refer to as shallow is 100% better than your opinions on this issue starting from the dumb question to the conclusion based on crass ignorance.

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Iraq war is for oil? What a shallow way of reasoning! Has US not sacrificed a lot for Iraqis? Saddam's threat was enough reason for US to act. The cause of that war dates back to September, 2001 attack against US. The Muslims in the world and the evil Saddam were all happy that thousands of people died in 11th September, 2001 attack. What else are you talking?

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everybodi sabi say Iraq war na for oil

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Panorama investigates claims that as much as $23bn (£11.75bn) may have been lost, stolen or not properly accounted for in Iraq.

When the US goes to war, corporate America goes too.

There are contracts for caterers, tanker drivers, security guards and even interrogators, many of them through companies with links to the White House.

Now more than 70 whistleblower cases threaten to reveal the scandals behind billions of dollars worth of waste, theft and corruption during the Iraq war.

Gagging orders

A total of $23bn (£11.75bn) is under scrutiny.

The US justice department has imposed gagging orders which prevent the real scale of the problem emerging.

But Panorama's Jane Corbin has spoken to some of those involved - with astonishing stories to tell of who got rich and who got burned.

She hears allegations of mismanagement, fraud and waste; tales of contractors chosen for their US government connections without a competitive bidding process; contractors inflating their costs and double counting to increase their profits and billions supposed to be used to rebuild the Iraqi military allegedly ending up in the pockets of some Iraqi government officials.

Even the contract to oversee the expenditure went to a company with no relevant qualification in accounting.

"They are the quintessential war profiteers," said a witness to one of the most notorious companies involved. "They made money out of chaos."

http://news.bbc.co.uk/2/hi/programmes/panorama/7438372.stm

Did anyone else watch Panorama last night? I was left completely dumbfounded

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Yes we know. It was about vegetable oil. Next topic pls?

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It was never about the oil.

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