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Chris Floyd's Global Eye

Published: September 30, 2003 (Issue # 906)


Feeding Frenzy

Now the mission is accomplished!

George W. Bush's premature projaculation of victory last May notwithstanding, the real objective of the Potomac Empire's invasion of Iraq was finally achieved last weekend, when the sock puppets of the occupying powers put their rubber stamp to an American diktat opening up the entire nation to plunder by foreign bagmen.

At the signed order of Bushist viceroy Paul Bremer (emphasis on vice), almost every aspect of Iraqi life - electricity, water, medicine, education, agriculture, transportation, communications and, above all, banking and finance - was laid open to unfettered exploitation by the plutocrats and lootocrats of the "civilized" world. The lone exception to this unprecedented fire sale of an entire nation is, of course, Iraq's oil wealth, which has already been put into the loving, no-bid, open-ended "oversight" of Dick Cheney's Halliburton and associates.

The measure, announced by surprise last Sunday - not even Bush's so-called "partner" in conquest, the British government, knew about it in advance - permits 100 percent foreign ownership in all non-energy sectors of the conquered land's economy, which will be "privatized" to a fare-thee-well. What's more, the edict allows the "full, immediate remittance to the [investor's] host country of profits, dividends, interest and royalties."

In other words, the looters won't have to plow so much as a dime of their swag back into the local economy; every last cent wrung from the bludgeoned Iraqi people will flow into corporate coffers and private pockets in London, Paris, Tokyo, Riyadh, New York, Moscow, Kennebunkport and Crawford. Taxes will be minimal, tariffs almost non-existent, and there will be none of the pesky rules and regulations that occasionally hamper unfettered corporate gobbling in more unenlightened states - like, say, the United States and Great Britain.

In fact, there will "no government screening" at all of foreign investors, the edict says. If you can pay, you can play. After all, that's free enterprise, isn't it? If Bechtel, Carlyle, Vivendi, or the still-unslain beast of Enron want to buy up Baghdad's water supply and raise rates through the roof, why shouldn't they? If Bush - who just this week issued new regulations opening the federal pork barrel to his favorite "faith-based organizations" - wants to give Pat Robertson a billion dollars of taxpayer money to take over the Iraqi school system, why shouldn't he? What's the point of slaughtering thousands of innocent people and seizing their country if you can't do whatever the hell you want with it? It's not like this was some humanitarian exercise, you know. It's strictly business - as Michael Corleone used to say.

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ALL ABOUT TOWN

Tuesday, Oct. 21


The Environment, Health and Safety Committee of AmCham convenes this morning at 9 a.m. in the organization’s office.


Take the opportunity to pick the brains of Dmitry V. Krivenok, the deputy director of the Economic Development Agency of the Leningrad region, and Mikhail D. Sergeev, the head of the Investment Projects Department, during the meeting with them this morning hosted by SPIBA. RSVP for the event by emailing office@spiba.ru before Oct. 17 if you wish to attend.


Improve your English at Interactive English, the British Book Center’s series of lessons on vocabulary and grammar in an informal atmosphere. Starting at 6 p.m., each month draws attention to different topics in English, with the topic for this month’s lessons being “visual arts.”



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