To the Chinese and the Indians, the spoils of war

[GASMON]

Self explanatary. Disgusting if correct.

http://www.independent.co.uk/news/world ... 76426.html

An IoS investigation: To the Chinese and the Indians, the spoils of a terrible war. Allies pay in blood while others plot to exploit Afghanistan’s rich natural resources. The money and blood pit that is Afghanistan – where the US and Britain have expended more than 2,100 lives and £302bn – is about to start paying a dividend. But it won't be going to the countries which have made this considerable sacrifice. The contracts to open up Afghanistan's mineral and fossil-fuel wealth, and to build the railways that will transport them out of the country, are being won or pursued by China, India, Iran, and Russia.

Gas

[AdTheNad]

This should provide a disincentive to going around blowing up third world countries.

Of course the MIC still made a loooot of money, so they won't really care too much.

[Cog]

The US is hell-bent on enriching the MIC with another made-up war with Iran. Up until the point that we are bankrupt and then someone else will have to pick up the mantle of global military leadership.

[Loki]

You'd think bombing the s*** out a backwards Third World cesspool would give us the right to rape it for all it's worth, but guess not. There really is no justice in the world.

[rockdoc123]

This should put to sleep the idea that the US went to war for oil. It did not. It was very clear early on that in Iraq they were not going to get any preference in the bidding for the contracts and they did not. The Chinese and Indian companies have different business drivers than publically traded US companies. They also can ignore many of the laws such as Foreign Corrupt Practices Act that keep US companies from doing business in places where there is huge corruption (and rightfully so).
Most of us in the industry saw this as a consequence of the Iraq war, quite predictable for those of us who have worked with the Chinese and Indian companies.

[Sixstrings]

You'd think bombing the s*** out a backwards Third World cesspool would give us the right to rape it for all it's worth, but guess not. There really is no justice in the world.

Well.. historically.. it's never been a good idea to go to war when there's no profit to be had or, protecting access to a resource, or checking the power of a rival nation.

Iraq cost a FORTUNE. We got nothing out of it. I'm all for peace, but if we do go to war then as a concerned citizen I have to say we better profit off it somehow and come out the other side better than when we started. Otherwise we'll go bankrupt and just come home with more inflation if we keep this crap up.

What I suspect is.. we're just part of this globalist banking paradigm. We do the fighting. Then the spoils are outsourced to Chindia. Haliburton and Goldman Sachs are happy, we're supposed to not be thinking so much.

[rangerone314]

Great worldwide strategies going on between countries now.

At home, Chinese play go, Indians play chess, Americans watch NASCAR and "Dancing With the Stars".

[radon]

While there are some noises that China and others benefit from Iraqi contracts, there is not evidence that the Iraqi oil is not under the US control. Information is scarce, but there is nothing to suggest that some country other than the US and allies is benefiting massively from Iraq, and Iraqi resources are indeed huge.

Afghanistan appears to have never been a resource play. Looks like that article lobbies for the Chinese and others to finance the US military stay in Afghanistan.

We do the fighting. Then the spoils are outsourced to Chindia.

Indeed. It may well be the case that the Iraqi oil is being contracted by Chindian's companies controlled by whoever controls the US military activities in Iraq.

[americandream]

You'd think bombing the shit out a backwards Third World cesspool would give us the right to rape it for all it's worth, but guess not. There really is no justice in the world.

Well.. historically.. it's never been a good idea to go to war when there's no profit to be had or, protecting access to a resource, or checking the power of a rival nation. ...
What I suspect is.. we're just part of this globalist banking paradigm. We do the fighting. Then the spoils are outsourced to Chindia. Haliburton and Goldman Sachs are happy, we're supposed to not be thinking so much.

Bingo!

[Shaved Monkey]

Who makes the money from the heroin?

[Loki]

Iraq cost a FORTUNE. We got nothing out of it. I'm all for peace, but if we do go to war then as a concerned citizen I have to say we better profit off it somehow and come out the other side better than when we started.

The United States deserves bankruptcy and international ignominy for our war mongering, particularly in Iraq. We most certainly do not deserve a discount rate on the natural resources of the countries we invaded and occupied. The sooner the public understands that empire doesn't pay, the sooner we can give the damn enterprise up.

This should put to sleep the idea that the US went to war for oil.

Nonsense, it’s simply another indicator of the gross incompetence of the idiots who started these wars.

[Wootan]

What I suspect is.. we're just part of this globalist banking paradigm. We do the fighting. Then the spoils are outsourced to Chindia. Haliburton and Goldman Sachs are happy, we're supposed to not be thinking so much.

Spot on!

[Arthur75]

Exxon is seriously holding position in Iraq Kurdistan though, for instance :

http://www.reuters.com/article/2012/03/ ... 8F20120317

[ralfy]

Even then, with foreign investors in various oil companies, it will be a global elite that will benefit. Citizens receive either collateral damage or more debt.

[Ibon]

The elite of all nations are becoming culturally more allied with one another as the masses of humanity under them do as well. We see this trend unfolding and really there is nothing one can do. Knowledge of this does not set you free except in the small ways where frugality can make you less beholden of this global enterprise.

But in the end we are all dependent on that which we recognize as dysfunctional.

[Arthur75]

The elite of all nations are becoming culturally more allied with one another as the masses of humanity under them do as well. We see this trend unfolding and really there is nothing one can do. Knowledge of this does not set you free except in the small ways where frugality can make you less beholden of this global enterprise.

But in the end we are all dependent on that which we recognize as dysfunctional.

I wouldn't drop the nation structural aspect that quickly (be it for China, India, the US, others)

[Pretorian]

Iraq cost a FORTUNE. We got nothing out of it.

Correction-- you got nothing out of it. Millions of Americans and people around the world did benefit from it directly or indirectly.

[Pretorian]

Who makes the money from the heroin?

drug syndicates and local police/DEA organizations. 95-99% of what heroin is worth around the world never reach Afghanistan or even bank accounts of their masters in any form imaginable.

[evilgenius]

Isn't going to war for the prevalence of markets reason enough? I mean, for instance, the battle with the Arabs in the 70's (a political one) over oil was waged on the part of the West not for control by a regional entity over supply, but for control over that by the spot market. The sense is that if a market can rule then the US and others whose interests eventually are 'all in' with that will come out well too, even in a swelling world where other regions are coming along.

[Arthur75]

the battle with the Arabs in the 70's (a political one) over oil was waged on the part of the West not for control by a regional entity over supply, but for control over that by the spot market. The sense is that if a market can rule then the US and others whose interests eventually are 'all in' with that will come out well too, even in a swelling world where other regions are coming along.

lol, this myth again :D

For your info, US diplomacy and big oil NEEDED price increase (after US peak in 71 and to start Alaska GOM, North sea) and PUSHED OPEC towards the quotas and price increase, there has been no battle --at all-- with the Arabs about that in the 70ies, quite the contrary, that it was then possible to brand it "arab embargo"( a leaking joke that lasted 3 months and never effective towards the US from KSA especially), was quite practical towards the US populace though, that's true.