Rep. Dennis J. Kucinich: "Privatizing Iraq's Oil is Theft!"7 Minute Video
Rep. Kucinich explained how the proposed Bill, now pending before the U.S. Congress, via its benchmarks, will provide for the privatization of Iraqi oil. It requires the regime in Iraq to pass a law called, "The Hydrocarbon Act." If they refuse to do so over a billion dollars in reconstruction funds will be blocked by the Bush-Cheney administration, he claimed. This measure, which Rep. Kucinich characterized as "blackmail," would permit multinational oil corporations---many based in the U.S.--to exercise control over the Iraqi oil. The Democratic leadership in the Congress is giving its explicit support to this legislative device. Unless the scheme is stopped, Rep. Kucinich predicted, we will be looking at an Iraqi War "going on forever!"
Rep. Kucinich explained how the proposed Bill, now pending before the U.S. Congress, via its benchmarks, will provide for the privatization of Iraqi oil. It requires the regime in Iraq to pass a law called, "The Hydrocarbon Act." If they refuse to do so over a billion dollars in reconstruction funds will be blocked by the Bush-Cheney administration, he claimed. This measure, which Rep. Kucinich characterized as "blackmail," would permit multinational oil corporations---many based in the U.S.--to exercise control over the Iraqi oil. The Democratic leadership in the Congress is giving its explicit support to this legislative device. Unless the scheme is stopped, Rep. Kucinich predicted, we will be looking at an Iraqi War "going on forever!"
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