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02/09/2006:

"The corporate plunder of Iraq"

The neo-liberal transformation of Iraq is portrayed as a humanitarian venture. Western corporations and occupying governments now talk of the liberation of Iraq from the “tyranny of Saddam’s planned economy”.

On the day that major hostilities were declared over, Tony Blair told the Iraqi people, “Saddam Hussein and his regime plundered your nation’s wealth. While many of you live in poverty, they have the lives of luxury. The money from Iraqi oil will be yours – to be used to build prosperity for you and your families.”

This has turned out to be another shameless lie. Saddam’s regime was undoubtedly corrupt, in the sense that he established a system of patronage and rewards for the elite that remained closest to him. But the scale and intensity of the corruption and fraud perpetrated by the occupation is unprecedented in modern history.

The largest part of the money spent by the US-British occupation was not US or international donor funds, but oil revenue that belongs to the Iraqi people. During the period of direct rule the US spent, or committed to spend, around £11.3 billion, most of which was disbursed to US corporations.

Of this expenditure, £5 billion is unaccounted for. From the available evidence we know that much of it has vanished into the hands of corporations, corrupt public officials and elite Iraqi deal fixers.
socialistworker.co.uk


Iraqi voices are drowned out in a blizzard of occupiers' spin
The deception that launched the invasion of Iraq now increasingly shapes media coverage of the occupation.

Three years after invading Iraq, George Bush and Tony Blair are still dipping into the trough of deception and disinformation that launched the war: hailing non-existent progress, declaring sanctimonious satisfaction with sectarian elections and holding out the mirage of early withdrawal. In reality, the occupation and divide-and-rule tactics have spawned death squads, torture, kidnappings, chemical attacks, polluted water, depleted uranium, bombardment of civilians, probably more than 100,000 people dead and a relentless deterioration in Iraqis' daily lives.