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Re: Who is really profiting from the war in Iraq?
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Originally Posted by goober
Who really profits from the war in Iraq?
Someone should point out that the oil companies are making the largest profits of any company ever in the history of the world.
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Only if you ingore facts (or are simply unaware of them) and lack a basic understanding of finance and economics. The fact is, the oil companies have been working in and with the Iraqis for free for a very long time. The recent contracts they received from Iraq were, in part, due to their generosity. Were they hoping to get those contracts by playing nice? Of course, but they never had a guarantee and put their investment at risk. And "largest profits ever" is misleading and typical of left-wing ignorance of business. Coca Cola makes more money on gross revenue than Exxon. Let me use your "understanding" this way. GWB got more votes in the 2004 election than any President in history so therefore, in 2004, GWB was the most popular President ever in the history of the world.
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"If you think about it, UPS and FedEx are doing just fine," he said. "It's the post office that's always having problems." Barack Obama on government run healthcare. 08/11/2009
American by birth.
Conservative by the grace of God.
Still sore about the war of northern aggression.
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