[lbo-talk] No oil for blood

Doug Henwood dhenwood at panix.com
Thu Jul 2 11:05:39 PDT 2009


On Jul 2, 2009, at 1:52 PM, C. G. Estabrook wrote:


> Geopolitically, for all the Bremeresque mismanagement (from
> Kissinger's shop) of the Iraq occupation, Bush/Obama have
> established the first secure military bases in a dependent client
> state at the heart of the world’s major energy reserves. These have
> been crucial policy concerns throughout the post-World War II
> period, even more so in today’s evolving tripolar world, with its
> threat that Europe and Asia might move towards greater independence,
> and worse, might be united: China and the EU became each other’s
> major trading partners in 2004, joined by the world’s second largest
> economy (Japan), and those tendencies are likely to increase. A
> firm hand on the spigot reduces these dangers.

What firm hand on what spigot? The U.S. can't even control Iraq's oil industry. Like I keep saying, wouldn't it be easier to blockade China than to try to shut this allegedly unitary spigot?

Doug



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