Showing posts with label Oil. Show all posts
Showing posts with label Oil. Show all posts

Friday, December 19, 2014

Why the Cuban Thaw Puts GOP in Danger of Losing Corporate Sponsors

by Nomad

Rejecting Obama's new policy for Cuba could be the biggest political blunder the Republican Party could make.
In 2016, American corporations will not forget or forgive who put the brakes on the significant business opportunities in Havana.


It's obvious that Republicans hate everything President Obama does. It's hard for them to deny it. And why should they? Being against President Obama has always been a vote catcher. Fox News misrepresents the issue, the Internet sites stir up the hate, the Republicans get the support from the un-informed voters and their corporate sponsors dish out the cash to ensure the Republican Congress will happily vote accordingly. It's a beautiful little machine.

Let the Rants Begin!

So it was no great surprise that when the president announced a restoration of diplomatic ties with Cuba, Republican politicians began to rant and foam at the mouth. 

Sunday, March 11, 2012

The Uncomfortable Truth about Iran: How the US Lost a World

 by Nomad
Amid all the advertisements for gas-guzzling cars, there is an interesting editorial from LIFE magazine, dated May 21, 1951. The title:

At that time, because of its location and its petroleum, Iran was caught between two great millstones of conflicting ideologies, Capitalism and Communism.

Britain, heavily reliant on Iranian oil, had directly controlled the oil monopoly through the British Anglo-Iranian Oil company (later to become BP) but now, suddenly the rules of the game had changed.The author neatly summarized the lead-up to the foreign policy disaster like this: