Home » OPEC


How Bush won the war in Iraq – really!

Greg Palast 

For Vice Magazine

If you thought it was “Blood for Oil”–you’re wrong.  It was far, far worse.

Because it was marked “confidential” on each page, the oil industry stooge couldn’t believe the US State Department had given me a complete copy of their secret plans for the oil fields of Iraq. Actually, the State Department had done no such thing. But my line of bullshit had been so well-practiced and the set-up on my mark had so thoroughly established my fake identity, that I almost began to believe my own lies.I closed in. I said I wanted to make sure she and I were working from the same State Department draft. Could she tell me the official name, date and number of pages? She did.

Bingo! I’d just beaten the Military-Petroleum Complex in a lying contest, so I had a right to be stoked.

After phoning numbers from California to Kazakhstan …more

George of Arabia:
Better Kiss Your Abe ‘Goodbye’

Greg Palast 

Wednesday, January 16, 2008

Bend over, pull out your wallet and kiss your Abe ‘goodbye.’ The Lincolns have got to go – and so do the Hamiltons and Jacksons.

Those bills in your billfold aren’t yours anymore. The landlords of our currency – Citibank, theBush & The King national treasury of China and the House of Saudi – are foreclosing and evicting all Americans from the US economy.

It’s mornings like this, when I wake up hung-over to photos of the King of Saudi Arabia festooning our President with gold necklaces, that I reluctantly remember that I am an economist; and one with some responsibility to explain what the hell Bush is doing kissing Abdullah’s camel.

Let’s begin by stating why Bush is not in Saudi Arabia. Bush ain’t there to promote ‘Democracy’ nor peace in Palestine, nor even war in Iran. And, despite what some pinhead from CNN stated, he sure as hell didn’t go to Riyadh to tell the Saudis to cut the price of oil.

What’s really behind Bush’s hajj to Riyadh is that America is in hock up to our knickers. The sub-prime mortgage market implosion, hitting a dozen banks with over $100 billion in losses, is just the tip of the debt-berg. …more

“I have Karl Rove’s emails”

Greg Palast 

Read the Interview with Palast from the Dollars & Sense magazine spring issue about to hit the streets Dollars & Sense: In the new edition of your book, ARMED MADHOUSE, you report on the theft of the 2008 election. How do know what they’re doing? Any way to stop them?

Palast: I know because I have Karl Rove’s emails. No kidding. He and his team aren’t the sharpest knives in the drawer. They sent copies of their plans to GeorgeWBush.ORG instead of GeorgeWBush.COM addresses — and, heh heh, they ended up in my in-box. Who says this job ain’t fun?


The Baker Boys: Stay Half the Course

Greg Palast 

Iraq Study Group or Saudi Protection League?

They’re kidding, right?

James Baker III and the seven dwarfs of the “Iraq Study Group” have come up with some simply brilliant recommendations. Not.

Baker’s Two Big Ideas are:

1. Stay half the course. Keeping 140,000 troops in Iraq is a disaster getting more disastrous. The Baker Boys’ idea: cut the disaster in half — leave 70,000 troops there.

But here’s where dumb gets dumber: the Bakerites want to “embed” US forces in Iraqi Army units. Question one, Mr. Baker: What Iraqi Army? This so-called “army” is a rough confederation of Shia death squads. We can tell our troops to get “embedded” with them, but the Americans won’t get much sleep. …more

Project Censored 2007 — All About The O.I.L.

Greg Palast 

Project Censored 2007

In what has become a annual event Greg Palast wins two Project Censored awards. Project Censored compiles an annual list of 25 news stories of social significance that have been overlooked, under-reported or self-censored by the country’s major national news media. Both winning stories, Bush Didn’t Bungle Iraq, You Fools and Opec and the Economic Conquest of Iraq can be read below.

Bush Didn’t Bungle Iraq, You Fools: The Mission Was Indeed Accomplished

From The Guardian …more

Big Oil and the Trillion-Dollar War Bonus

Greg Palast 

excerpted from, “Armed Madhouse” (Penguin 2006)

It has been a very good war for Big Oil — courtesy of OPEC price hikes. The five oil giants saw profits rise from $34 billion in 2002 to $81 billion in 2004, year two of Iraq’s “transition to democracy.”

But this tsunami of black ink was nothing compared to the wave of $113 billion in profits to come in 2005: $13.6 billion for Conoco, $14.1 billion for Chevron and the Mother of All Earnings, Exxon’s $36.1 billion. …more

“The Best Thing in The World for Big Oil”
…Bobby Kennedy Jr. and Palast on why Saddam had to go.

Greg Palast 

“This war in Iraq has been the best thing in the world for Big Oil and OPEC. They’ve made the largest profits in the history of the world. The interesting thing about your book is you show how it was all planned from the beginning. The story is like a spy thriller.” — Robert F. Kennedy Jr.

Listen to RFK and Greg Palast on Iraq, a 20-minute conversation about blood and oil for ‘Ring of Fire’ from Air America. …more

Ken Lay’s Alive!

Greg Palast 

Don’t check the casket. I know he’s back. When I saw those lights flickering out at La Guardia Airport yesterday and heard the eerie shrieks and moans in the dark, broiling subway tunnels, I just knew it: Ken Lay’s alive! We can see his spirit in every flickering lightbulb from Kansas to Queens as we head into America’s annual Blackout season. …more

Was The Invasion of Iraq a Jewish Conspiracy?

Greg Palast 

wolfowitzchina 1 2Tikkun Magazine JULY/AUGUST 2006

Did the Jews do it?

The US Congress will open hearings this week on the War in Iraq — a wee bit late one might think. But one question at the forefront of the minds of many on both the Left and the Right is sure not to be asked: Did the Jews do it? I mean, after killing Jesus, did the Elders of Zion manipulate the government of the United States into invading Babylon as part of a scheme to abet the expansion of Greater Israel? …more

Yes, It’s About Oil

Greg Palast 

From The New AmericanFriday, June 16, 2006

Greg Palast, in his new book Armed Madhouse, offers a pretty plausible answer to this question: Why did the US invade Iraq?

Short answer: It’s the oil, stupid — and the point is not to sell it, but to control it.


Armed Madhouse: Part II

Greg Palast 

06.19.06 – (Eds. note: This piece is part of a serialization of Greg Palast’s newest book, Armed Madhouse. Palast’s Armed Madhouse book tour is co-sponsored by Working Assets.)
Continued from Part I

What Does Osama Want?

So what is his mission? What does Osama want? Why kick the U.S. out of Saudi Arabia? When, in March 2003, George Bush told the people of Iraq, “Do not destroy oil wells,” his words were heartfelt but hardly original. In bin Laden’s 1996 Declaration of War, he warned all good Muslims against: Destruction of the oil industries… I would like here to alert my brothers, to protect this oil wealth and not to include it in the battle.

Bin Laden listed other beefs in his Declaration of War. There are some who have the notion that bin Laden, though inexcusably violent, is somehow giving voice to the oppressed. Those who fancy bin Laden as the defender of the wretched of the earth have neither read his writings nor followed his actions. The poor get no column inches in his “Declaration.” Creating a Palestinian state? It’s not mentioned in his fabulously long screed. Rather, the billionaire scion and former heir to the bin Laden Construction fortune launches into an angry diatribe about, of all things, Saudi Arabia’s failure to pay past due invoices owed to: great merchants and contractors [waiting for] hundreds and thousands of millions of riyals owed to them by the government.

The House of Saud, it seems, was late in paying bin Laden Construction (which had a huge contract to rebuild Mecca).

Bin Laden is no fool; he knew why the Saudi government became a deadbeat bill payer. He was writing in 1996 when the price of oil was flat on the floor, near $10 a barrel, an all-time low; and Osama cried: People wonder, are we the largest oil exporting country? So much oil, so little cash to show for it.

What drove Osama’s declaration of war? The poverty in Islamic nations? Not a mention. Lack of freedom? Forget it. Bin Laden’s causus bellum for war on America: The presence of the U.S.A. Crusader military forces on land, sea and air in the states of the Islamic Gulf is the greatest danger threatening the largest oil reserve in the world.
Threatening Islamic oil reserves. Osama even launches a sophisticated tirade against the suppression of oil production by U.S. operators in the Gulf. This wealthy engineer knows the petroleum biz, that’s for sure.

If you want to know what motivates Osama, follow his path. Long before Al-Qaeda destroyed the World Trade Center, Osama, after removing, with U.S. help, the Soviets from Afghanistan, set up operations in Sudan, where oil men expected to find the next big gusher.

Osama’s next target was not The Great Satan America but The Little Satan: Iran. In Osama’s view, Iranians are Shia “dogs and lackeys” who hold, infuriatingly, OPEC’s third largest oil reserves. Osama was especially affronted by Iran’s rising influence in Afghanistan at the time, thereby blocking his ability to link up with fundamentalist militants in Uzbekistan and Tajikistan who were fundamentally coveting control of the Caspian nations’ oil wealth. Osama expressed his displeasure with Iran’s incursion on his turf by ordering the slaughter of the entire Iranian diplomatic mission to Afghanistan. After eliminating his Shia Iranian competitors in Afghanistan, Osama financed the Wahabi-influenced Taliban. Notably, Osama had no objection to the Taliban signing pipeline deals with U.S. oil firms.

In other words, if you follow Osama’s movements and read what the man says, you realize he has been less coy than Bush about his true program: Get the oil. The steps are: First, remove the Soviets from the Caspian oil fields and pipeline routes; second, remove the man he called an evil “socialist,” Saddam Hussein, from the second largest OPEC reserve; third, keep the Shia “dogs” who control the third largest reserve from expanding their influence outside Persia; fourth, remove U.S. troops from the Land of the Holy Places (and largest oil reserve), Saudi Arabia; then fifth and last, overthrow the House of Saud and re-create a new Caliphate stretching from Sudan to Kazakhstan, every province an oil state, a Petroleum Kingdom of God, presumably under His blessed servant and contractor Osama.

And so, to protect those reserves””if his foolish “brothers” don’t burn the oil wells””he’s declared his own Operation Islamic Liberation. O.I.L.

What motivates Osama? Same thing as George and Dick. It’s all about the oil.

URL: http://www.workingforchange.com/article.cfm?itemid=20974

Greg Interviewed on Democracy Now! — About Armed Madhouse

Greg Palast 

Greg Palast on His New Book “Armed Madhouse : Who’s Afraid of Osama Wolf?, China Floats, Bush Sinks, The Scheme to Steal ’08”

Democracy Now! http://www.democracynow.orgMonday, May 15, 2006 — Investigative journalist Greg Palast joins us in the Firehouse Studio to discuss the follow-up to his best-selling book “The Best Democracy Money Can Buy.” [includes rush transcript ]

Telecom giant Verizon has been sued for giving the National Security Agency the phone records of millions of Americans. …more

Why Palast Is Wrong – And Why The Oil Companies Don’t Want You to Know it


HubbertGuerilla News Network – Excerpt from Armed Madhouse

Now that I’ve convinced you that the Peak Oil crowd is crackers, let me disagree with myself. We can’t understand the new class war unless we understand why oil, a certain kind at least, has in fact “peaked.”

We’ve long jumped over Hubbert’s predicted peak and, in 2006, rolled our SUVs right through the “culmination”- that is, used the last drops of the one-and-a-quarter-trillion barrels of liquid crude the good Earth can provide according to the Hubbert jeremiad. Furthermore, “The rise in the production of power from nuclear energy for the United States” ran out long before uranium’s five-thousand-year reign, despite Hubbert’s hope and prediction. …more

Bush Didn’t Bungle Iraq, You Fools
The Mission Was Indeed Accomplished

Greg Palast for The Guardian

Get off it. All the carping, belly-aching and complaining about George Bush's incompetence in Iraq, from both the Left and now the Right, is just dead wrong.
On the third anniversary of the tanks rolling over Iraq's border, most of the 59 million Homer Simpsons who voted for Bush are beginning to doubt if his mission was accomplished. But don't kid yourself ...more

OPEC and The Economic Conquest of Iraq

Greg Palast 

By special arrangement with Harper's magazine, we are reproducing here for the first time the entire updated article on the US government's secret schemes for seizing control of the oil fields of Iraq -- for the benefit of US oil majors and OPEC. ...more