Thursday, August 07, 2003

Not sure how the Bushies are going to get the oil out of Iraq just yet. But it looks like they fully expect to be doing it illegally.
An executive order signed by President Bush more than two months ago is raising concerns that U.S. oil companies may have been handed blanket immunity from lawsuits and criminal prosecution in connection with the sale of Iraqi oil. . . .

According to the order,
"any attachment, judgment, decree, lien, execution, garnishment or other judicial process is prohibited, and shall be deemed null and void, with respect to the following:

"(a) the Development Fund for Iraq and

"(b) all Iraqi petroleum and petroleum products, and interests therein, and proceeds, obligations or any financial instruments of any nature whatsoever arising from or related to the sale or marketing thereof, and interests therein, in which any foreign country or a national thereof has any interest, that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of United States persons."
The order defines "persons" to include corporations, and covers "any petroleum, petroleum products or natural gas originating in Iraq, including any Iraqi-origin oil inventories, wherever located."
When the colony has to pay its own way as soon as possible, you can't have obstacles like criminal laws mucking things up.


Post a Comment

<< Home