Bloomberg reports today that, astoundingly, Iraq is now opening its doors to BP, Exxon Mobile, and Shell for the first time since 1972, when the country, under the leadership of the now executed Saddam Hussein, nationalized all of its oil fields. Astoundingly, this will open the 3rd largest oil reserves in the world directly to western countries.
And, um… why are we complaining about the bank bailouts? How much money did the citizens of this country spend on (and will continue to spend on) making this happen for the oil corporations? (Not to mention the number of people that were killed!) If there is a hell, unfettered capitalist greed needs to rot in it.