IRAQ WAR ABOUT OIL THEFT: Since its illegal 2003 invasion, the U.S. has maintained full control of Iraqi oil revenues: WHY?


READ HERE: The Middle Eastern nation of Iraq appears to be a money-laundering proxy state for the West ever since the United States invaded the country illegally back in 2003 under the leadership of President George W. Bush.

Bush signed Executive Order 13303 on May 22, 2003, stipulating that all revenues from oil sales in Iraq are to be funneled into an account at the Federal Reserve Bank of New York. Every president since Bush, including Joe Biden, has renewed EO13303 annually to make sure it stays in place.

Entitled “Protection of the Development Fund for Iraq and Other Property in Which Iraq Has an Interest,” EO13303 gives control over oil, Iraq’s financial lifeline, to the private Federal Reserve and whichever U.S. president is currently occupying the White House. What the world wants to know is why is this the case?

It turns out that Iraq’s financial dependence on the U.S. dates back to 1990 when Iraq invaded Kuwait. United Nations (UN) Security Council Resolution 661 was imposed to punish Iraq by sanctioning it from international trade which, coupled with then-President Saddam Hussein’s refusal to comply with the West’s withdrawal demands, crippled Iraq’s economy


 

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