Greg Palast writes the following:

There you have it. Yes, Bush went in for the oil -- not to get more of Iraq's oil, but to prevent Iraq producing too much of it.

You must keep in mind who paid for George's ranch and Dick's bunker: Big Oil. And Big Oil -- and their buck-buddies, the Saudis -- don't make money from pumping more oil, but from pumping less of it. The lower the supply, the higher the price.

It's Economics 101. The oil industry is run by a cartel, OPEC, and what economists call an "oligopoly" -- a tiny handful of operators who make more money when there's less oil, not more of it. So, every time the "insurgents" blow up a pipeline in Basra, every time Mad Mahmoud in Tehran threatens to cut supply, the price of oil leaps. And Dick and George just love it.

Read Palast's article here.

Bush commits enough American dollars to disrupt the flow of oil and create shortages, profits go through the roof, and Texaco, Mobil, et al roll in the drippings. Halliburton scoops up the slop and Diebold sticks a fork in the American Public.

Bush, the anti-Midas, fails and fails and fails, and a very specific group of businessmen watch their profits go past the sky into the great beyond and no one could stop them. They are shitting on top of the world.

Nighty-night.

+++

Hat tip to Pissed Off Patricia, who linked to the Palast story in the comments section of Neil Shakespeare's blog, which sent me down an oily rabbit hole. +++