19.8.03

Bush releases outrageous executive order, “a licence for corporations to loot Iraq and its citizens”

This order, obviously not reported at all by the corporate media, is completely streamlined to protect oil corporations by giving full impunity for any oil-related action. Not complying with human rights or environmental regulations would be unsanctionable.

wsws.org: "EO 13303 begins with a declaration that the possibility of future legal claims on Iraq’s oil wealth constitutes “an unusual and extraordinary threat to the national security and foreign policy of the United States.” It goes on to state that “any ... judicial process is prohibited, and shall be deemed null and void” with regard to the Development Fund for Iraq, as well as for any commercial operation conducted by US corporations involved in the Iraqi oil industry."

EO 13303 (pdf)

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