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US Oil Companies Free to do whatever they want in Iraq now..

Discussion in 'BBS Hangout: Debate & Discussion' started by reallyBaked, Jul 28, 2003.

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  1. reallyBaked

    reallyBaked Member

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    http://www.tompaine.com/feature2.cfm/ID/8466

    ...Executive Order 13303 decrees that "any attachment, judgment, decree, lien, execution, garnishment, or other judicial process is prohibited, and shall be deemed null and void," with respect to the Development Fund for Iraq and "all Iraqi petroleum and petroleum products, and interests therein."

    In other words, if ExxonMobil or ChevronTexaco touch Iraqi oil, it will be immune from legal proceedings in the United States. Anything that could go, and elsewhere has gone, awry with U.S. corporate oil operations will be immune to judgment: a massive tanker accident; an explosion at an oil refinery; the employment of slave labor to build a pipeline; murder of locals by corporate security; the release of billions of tons of carbon dioxide into the atmosphere. The president, with a stroke of the pen, signed away the rights of Saddam's victims, creditors and of the next true Iraqi government to be compensated through legal action. Bush's order unilaterally declares Iraqi oil to be the unassailable province of U.S. corporations


    ....In the long term, Executive Order 13303 protects anything those corporations do to seize control of Iraq's oil, from the point of production to the gas pump -- and places oil companies above the rule of law

    -------------------------------

    what is the point of the President doing this?
     
    #1 reallyBaked, Jul 28, 2003
  2. FranchiseBlade

    FranchiseBlade Member
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    I was going to make a joke about 9/11 giving us the right to that oil, and it doesn't matter about any payment that the Iraqis were due from Saddam, because they are free now. But this just depresses me.
     
    #2 FranchiseBlade, Jul 28, 2003
  3. johnheath

    johnheath Member

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    I am glad that joking about 9/11 depresses you.
     
    #3 johnheath, Jul 28, 2003
  4. MadMax

    MadMax Member

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    ok..is there any more information about this other than that which is posted on this website??
     
    #4 MadMax, Jul 28, 2003
  5. FranchiseBlade

    FranchiseBlade Member
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    It doesn't depress me as much as politicians and others using the real tragedy to push an unrelated agenda, or use it to justify legislation which goes contrary to our constitution.
     
    #5 FranchiseBlade, Jul 28, 2003
  6. FranchiseBlade

    FranchiseBlade Member
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    I hope so. I did a google search and read two other things about it, but nothing really earthshattering struck me.
     
    #6 FranchiseBlade, Jul 28, 2003
  7. MadMax

    MadMax Member

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    ok...this isn't nearly as sinister as you would like to believe.

    the Development Fund is like a trust...there are certain trusts (spendthrift trusts) that creditors can never attach.

    (e) The term ``Development Fund for Iraq'' means
    the fund established on or about May 22, 2003, on the
    books of the Central Bank of Iraq, by the Administrator
    of the Coalition Provisional Authority responsible for
    the temporary governance of Iraq and all accounts held
    for the fund or for the Central Bank of Iraq in the
    name of the fund.

    the title of the order is as follows:

    Protecting the Development Fund for Iraq and
    Certain Other Property in Which Iraq Has an Interest

    This is a reach, at best. The idea here is that this oil is important for the rebuilding of Iraq and the implementation of a new government. We're not going to allow people to enforce judgments or attach any of the body of this trust.


    I'm sure the spin will be on, though. I'm sure we'll all hear about how this is the end of the world...but it seems to me we're just protecting the only economic power the Iraqis have to rebuild their country. I'm betting we would have done something similar in rebuilding Japan and Europe after WWII.
     
    #7 MadMax, Jul 28, 2003
  8. DCkid

    DCkid Member

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    From the "About Us" on the website.

    <i>TomPaine.com is a public interest journal

    TomPaine.com seeks to enrich the national debate on controversial public issues by featuring the ideas, opinions, and analyses too often overlooked by the mainstream media. </i>

    In other words, "we're a liberal webzine."
     
    #8 DCkid, Jul 28, 2003
  9. johnheath

    johnheath Member

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    Everything seems sinister when you are a paranoid pothead.
     
    #9 johnheath, Jul 28, 2003
  10. reallyBaked

    reallyBaked Member

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    I wouldn't want you to actually hurt yourself by reading something and judging for yourself the merit of the material.

    I know it must be hard to blindly listen and believe anything Rush says on the radio, and then to read something with an open mind without pre-judging its content based on a conclusion that you jumped to based on nothing.

    Conservatives can't claim that the media is liberal biased AND use "opinions...often overlooked by mainsteam media" means that the website is liberal in nature...
     
    #10 reallyBaked, Jul 28, 2003
  11. reallyBaked

    reallyBaked Member

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    hey, im not paranoid...

    :D
     
    #11 reallyBaked, Jul 28, 2003
  12. DCkid

    DCkid Member

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    No, it was rhetoric like this that gave it away.

    <i>The president, with a <b>stroke of the pen</b>, <b>signed away the rights</b> of Saddam's victims, creditors and of the next true Iraqi government to be compensated through legal action. Bush's order <b>unilaterally declares</b> Iraqi oil to be the <b>unassailable province</b> of U.S. corporations.</i>

    The "about us" section just confirmed it.

    Uh...I don't listen to Rush. I prefer Kornheiser.

    Take a look at every self-proclaimed liberal webzine. You'll find the "mission statement" to be nearly identical to that of the above.
     
    #12 DCkid, Jul 28, 2003
  13. FranchiseBlade

    FranchiseBlade Member
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    I understand that the reason is so that the oil can pay for the rebuilding of Iraq, but if someone wants to be payed for damages and the oil can't be touched for that, while it can be touched by American oil companies something seems wrong.
     
    #13 FranchiseBlade, Jul 28, 2003
  14. outlaw

    outlaw Member

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    #14 outlaw, Jul 28, 2003
  15. Legendary21

    Legendary21 Member

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    :rolleyes: How very openminded of you to say that.
     
    #15 Legendary21, Jul 29, 2003
  16. Legendary21

    Legendary21 Member

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    Their goal is not profit maximization??? :eek: :eek:

    They must be truly disturbed. :rolleyes:
     
    #16 Legendary21, Jul 29, 2003
  17. FranchiseBlade

    FranchiseBlade Member
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    Outlaw, I couldn't get the link to work. Maybe it's down. I'm sorry I missed anything the daily show has to offer.
     
    #17 FranchiseBlade, Jul 29, 2003
  18. outlaw

    outlaw Member

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    #18 outlaw, Jul 29, 2003
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