03-08-2003, 03:05 PM
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Confirmed User
Join Date: Jan 2001
Location: somewheres wet
Posts: 1,456
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It's very obvoius who -wants- to control Iraq's oil this time, the result of their previous attempt led to saddam being in power today -didn't it?
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In Feb. 1919, Sir Arthur Hirtzel, a top British colonial official, warned his associates: "It should be borne in mind that the Standard Oil Company is very anxious to take over Iraq." (quoted in Peter Sluglett, Britain in Iraq, 1914-32, London, 1974)
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Iraq's oil was split five ways: 23.75% each to Britain, France, Holland and the U.S., with the remaining 5% going to an oil baron named Caloste Gulbenkian, known as "Mr. Five-Percenter," who helped negotiate the agreement.
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In 1953, following the CIA coup that put the Shah (king), in power, the U.S. took control of Iran. By the mid-1950s, Iraq was jointly controlled by the U.S. and Britain.
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Washington set up the Baghdad Pact in 1955, which included their client regimes in Pakistan, Iran, Turkey, Iraq, along with Britain
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Underlying Iraq's poverty was the simple fact that Iraq did not own its vast oil reserves.
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Exactly 0% of Iraq's oil belonged to Iraq, and that's how it was to stay until the revolution of 1958.
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on July 14, 1958, Iraq was rocked by a powerful social explosion. A military rebellion turned into a country-wide revolution. The king and his administration were suddenly gone
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