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View Diary: Krugman Bombshell - Bush Oil Buddy Cuts Deal with Kurds (328 comments)

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  •  Just the ones whose idea of business is to corner (3+ / 0-)
    Recommended by:
    rlharry, greenearth, Jimdotz

    a market.  Ray's older half brothers tried with silver in the 80's.  It's a "monopoly or bust" mentality that runs deep in Texas.  

    While everyone talks about how much money the oil & related companies are raking out of Iraq, isn't the bigger picture related to how much money the Saudi's, Kuwaiti's et al are making?  If Exxon posts $10Bil Profit in a quarter, how much did the House of Saud net?  10X?  100x?  

    Can anyone suggest a plan to make oil more profitable than invading Iraq and blowing up the market?

    McLuhan also said, "The greatest secrets are protected by public incredulity."  So I don't think it's as much a matter of public intelligence and how hard it is to get ones head around the scale of infamy required to throw so many lives away.

    "Our technology forces us to live mythically, but we continue to think fragmentarily, and on single, separate planes." M. McLuhan

    by donanon on Fri Sep 14, 2007 at 10:40:14 AM PDT

    [ Parent ]

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