Showing posts with label profiteering. Show all posts
Showing posts with label profiteering. Show all posts
Saturday, 27 August 2011
NATO Nations Set to Reap Spoils of Libya War
By: Rachel Shabi (aljazeera.com)
Leaving aside the massive profits from the rebuilding that Libya is now going to need, there are vast oil spoils to distribute. The Libyan oil industry produced 1.6 million barrels a day prior to the war. The country is thought to have 46 billion barrels of reserves - the largest in Africa. FULL STORY
Labels:
al-jazeera,
libya,
nato,
oil,
profiteering,
rachel shabi,
war
Reading List: Smedley D. Butler - War Is a Racket (PDF)
Waris a racket. It always has been.
It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.
A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small "inside" group knows what it is about. It is conducted for the benefit of the very few, at the expense of the very many. Out of war a few people make huge fortunes.
SMEDLEY D. BUTLER - WAR IS A RACKET - PDF
The 25 Most Vicious Iraq War Profiteers
The Iraq war is many things to different people. It is called a strategic blunder and a monstrous injustice and sometimes even a patriotic mission, much to the chagrin of rational human beings. For many big companies, however, the war is something far different: a lucrative cash-cow. The years-long, ongoing military effort has resurrected fears of the so-called “military-industrial complex.” Media pundits are outraged at private companies scooping up huge, no-questions-asked contracts to manufacture weapons, rebuild infrastructure, or anything else the government deems necessary to win (or plant its flag in Iraq). No matter what your stance on the war, it pays to know where your tax dollars are being spent.
Following is a detailed rundown of the 25 companies squeezing the most profit from this controversial conflict:
THE LIST - The 25 Most Vicious Iraq War Profiteers
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