Four Western oil companies are in the final stages of negotiations this month on contracts that will return them to Iraq, 36 years after losing their oil concession to nationalization as Saddam Hussein rose to power.

Homecoming Reunion.  Welcome Back Class of ’72!!!

Other than those phrases, I have nothing snarky enough for commentary on this bit of news.  It is off by one, though, as one Petroleum company not involved in the Old Order is invited to the party.

In considering the Bush / Cheney Era, and trying to assemble what it has been all about, it occurs to me that it is best to consider it as one giant Perpetual Plunder, wherein one small cloitere runs from one plunder and when that jig is up runs to the next one.  The $4 going on $5 gas Speculation Boom is at the end of the line, I suppose.  We’ll just have to see how the Obama Administration and the collection of Weasles of the Democratic Party congress duct tape some things up.

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