Bush bailout pal drooling for Iraq oil

[G_j]

http://www.afterdowningstreet.org/?q=node/21797

Abboud and “Toxic Bob” Waiting for the New Oil Law to Pass

Submitted by davidswanson on Thu, 2007-04-26 15:49. Media

BUSH BAILOUT PAL DROOLING FOR IRAQI OIL
By Nick Mottern, Director, ConsumersforPeace.org

While blood is flowing freely in Iraq’s streets, A. Robert Abboud, a man who helped bail George W. Bush out of his Harken Energy fiasco, is angling for a contract that will give his firm, Ivanhoe Energy Inc., access to a major oil field in north central Iraq.

Mr. Abboud, who runs his own investment company and who has been president of Occidental Petroleum (1980-84), chairman of the First National Bank of Chicago (1975-80) and chairman and CEO of First City Bancorporation of Texas (1988-91), is co-chairman at Ivanhoe Energy and appears to be acting as the firm’s diplomatic frontman in going after the Iraqi oil.

He has experience in Iraq, working in concert with the administration of Bush senior to promote trade with Iraq under Saddam Hussein, acting in the 1980s as chairman of the United States-Iraqi Business Forum. In this role he worked with Henry Kissinger’s consulting firm and major U.S. companies that were clients of the Kissinger firm, according to a fascinating statement presented to Congress in 1991 by Cong. Henry Gonzalez D-TX, who said Mr. Abboud, because of his executive experience, “was well-wired into the U.S. business community.”

..more..

[jimshoes]

1. Who's going to protect

a U.S. corporation who is pumping Iraq's oil out of Iraq's ground if the troops are required to begin pulling out? This is why der chimpenfeuhrer doesn't want any troop pullout. All his buddies business ventures will be big fat targets for sabotage. Which is also why georgie's plan is so unworkable. The bottom line is if we pull out... the oil (that deadeye and the cokehead drunk fratboy want) will be lost forever. Or at least to them as a nearly free commodity.

[G_j]

2. major point there

yup