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US, European corporations rush to secure cut from Libyan war

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blindpig Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-11 08:56 AM
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US, European corporations rush to secure cut from Libyan war

US, European corporations rush to secure cut from Libyan war

Backed by the US and European governments that have spearheaded the military intervention into Libya, transnational corporations are now scrambling to secure lucrative oil deals, construction contracts, export opportunities and other profit-making openings in the war-ravaged North African state.

The New York Times last Thursday reported that the returned US ambassador to Libya, Gene Cretz, had briefed reporters following a ceremonial flag-raising at the reopened embassy in Tripoli. Cretz explained that about a week after the so-called rebel fighters had won control of the Libyan capital, he participated in a State Department conference call involving executives from about 150 American companies interested in the new opportunities created by the NATO-led bombardment.

“We know that oil is the jewel in the crown of Libyan natural resources,” Cretz reportedly later explained to journalists, “but even in Qaddafi’s time they were starting from A to Z in terms of building infrastructure and other things ... If we can get American companies here on a fairly big scale, which we will try to do everything we can to do that, then this will redound to improve the situation in the United States with respect to our own jobs.”

Cretz’s claim that “jobs” will be generated through Libyan contracts is absurd—the real purpose of getting “American companies here on a fairly big scale” is to generate profits. The ambassador’s remarks again point to the nakedly colonial character of the US-NATO regime-change operation in Libya. From the outset, the intervention was bound up with the imperialist powers’ geo-strategic calculations across North Africa and their economic interests in Libya’s oil-rich territory.

more....

http://www.wsws.org/articles/2011/sep2011/liby-s26.shtml
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blindpig Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-11 11:01 AM
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1. kick
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Distant Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-11 11:05 AM
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2. Just trying to ensure that Libyans maintains free healthcare, education and peaceful lives
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-11 11:14 AM
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3. I believe the West was making deals with Gaddafi several years before his overthrow.
If you think Gaddafi was some virtuous guy only trying to protect his people from Capitalists I have a bridge to sell you. He showed a few years ago that he would suck up to those capitalists if it kept him in power.
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blindpig Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-11 12:03 PM
Response to Reply #3
4. It is more complicated than that.

Virtue I know nothing about. He is the leader of an African state and a major proponent of African unity in the face of capitalist aggression. Of course he dealt with capitalist, who was he going to sell to? Sell he must that those resources might be converted into into benefits for the nation. Might be that one motivation for this imperialism was his intent of renegotiate the terms of oil contracts.

Ghadiffi ain't no saint but capitalism is the devil.
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TBF Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-11 09:52 PM
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5. K&R nt
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leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-11 10:13 PM
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6. K&R
Yay! A 90 day extension!

:grr:
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Starry Messenger Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-11 10:24 PM
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7. k&r
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