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originally posted by: Shiloh7
Something that continually bothers me when I hear how much money ISIS is earning from oil fields that they have stolen is why the bombing strategy of hitting convoys and men in the field simply doesn't include hit the oil fields and drying up their cash cow? No money makes it difficult to carry on fighting?
originally posted by: mindseye1609
a reply to: AgentShillington
You mean the Kuwait oil fields Saddam lit on fire? Those weren't his... He tried to take them... We said no.... And he said "o ya watch em burn".
Little different then poor sand people's burning their only income to keep the west out...
Petrodollar refers to United States dollars earned through the sale by a country of its petroleum (oil) to another country.
Petrodollar recycling refers to the phenomenon of major petroleum-producing nations – mainly the OPEC members – earning more money from the export of oil than they could feasibly invest in their own economies. It was a phenomenon of the late 1970s and early 1980s, the peak years for petrodollar surpluses
Biden "has been the prime proponent of a decentralized Iraq, and although in the campaign Sen. McCain described [Biden's] plan as a 'cockamamie' idea," Galbraith says, "it is in fact what the Bush administration has done." In 2007, the Bush administration financed a Sunni army — the Awakening — and Galbraith says this is responsible for the success so far in Iraq. Biden would take this to the next step and encourage the Sunnis to form their own region, which would control that army, just as the Kurdistan region controls the Peshmerga, or the Kurdistan army, Galbraith says.
Oh, and one other dirty little secret from 5,000 years of history: Ethnic cleansing works.