workers dot org wrote:The World Bank is as close as you can get to the Halliburton corporation. Cheney’s former firm has a lock on energy contracts in Iraq and is positioned to help U.S. oil giants take control of Iraqi oil.
Wolfowitz was an architect of the war, which was all about that oil. When Wolfowitz takes over the World Bank he will still be in the war for oil; he will still be working with Cheney, Rumsfeld and the Pentagon in the service of finance capital and its empire, just in a different capacity.
During the period of 1992 to 2004, the World Bank financed fossil fuel projects—oil, coal, gas, electric power plants, privatization of plants and natural resources—to the tune of $28 billion. (“Wrong Turn from Rio,”
www.seen.org) Of that $28 billion, Halliburton got $2.575 billion for projects in Azerbaijan, Bangladesh, Brazil, Chad, Cameroon, Georgia, India, Kazakhstan, Mozambique, Russia and Thailand. Halliburton was the largest oil contractor with the World Bank.(“The Energy Tug of War,”
www.seen.org)
Not to be left out, ExxonMobil got $1.367 billion for projects in Argentina, Chad, Cameroon, Equatorial Guinea, Geor gia, Kazakhstan, Russia; Chevron Texaco got $1.589 billion to go into Cameroon, Chad, Colombia, Congo-Brazza ville, Indonesia, Kazakhstan, Russia and Thailand; Unocal got $938 million; and Enron received $744 million. All the oil giants of the imperialist world got in on the take.
One glance at the list of oil-producing countries reveals they are also countries of interest to the Pentagon, the banks and other transnational profiteers.
So the shift of Wolfowitz to the World Bank amounts to shifting a militaristic hawk from one part of the imperial apparatus to another part. The centralizing nexus is the military-industrial complex, the Pentagon and big oil. They are all inseparable from imperialism itself.