Support the Iraqi Desire to Keep its own Oil Revenue by Dennis Kucinich

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Congressman Dennis Kucinich
Washington, Oct 22, 2008

Rejects Bush’s Logic Iraqi Oil is Necessary to Protect National Security

Following a declaration by President Bush that he would like the U.S. to have the ability to control Iraq’s oil, Congressman Dennis Kucinich (D-OH) today sent a letter to Members of Congress calling on his colleagues to co-sponsor H.R. 6710, the Oil for Iraq Liberation Act of 2008 which prohibits U.S.-based oil companies from owning, financing or controlling the petroleum resources of Iraq.

Congressman Kucinich renewed his call for support of the O.I.L. Act after President Bush issued a signing statement last week that rejected a provision in S. 3001, the Duncan Hunter Defense Authorization Act, that ensured that funds would not be used “[t]o exercise United States control of oil resources in Iraq.” President Bush asserted in the signing statement that the provision would inhibit his constitutional authority to “protect national security” or “conduct diplomatic negotiations.”

“The nations of the Middle East have chosen for decades to nationalize their oil resources. Iraq has committed to continuing this practice by constitutionally guaranteeing that the oil and gas resources of Iraq are owned by all the people of Iraq. That is their sovereign right, and the United States must support the Iraqi desire to keep its own oil revenue. Since the President has shown he doesn’t respect Iraq’s sovereign rights, Congress must pass H.R. 6710, and stop U.S. companies and individuals from profiting off of Iraq’s oil revenues,” stated Kucinich.

The full text of the letter follows:

U.S. to Control Iraq’s Oil?

October 22, 2008

Dear Colleague:

Recently President Bush issued a signing statement rejecting a provision in S. 3001, the Duncan Hunter Defense Authorization Act.  The provision Mr. Bush rejected ensured that funds would not be used “[t]o exercise United States control of the oil resources of Iraq.”  The President’s assertion in the signing statement that the provision would inhibit his constitutional authority to “protect national security” or “conduct diplomatic negotiations” is misguided.

Handling of Iraq’s petroleum resources is a controversial issue.  The Iraqi Parliament has long been unable to come to a consensus on Iraq’s “Hydrocarbon Act” and there are many differing opinions on how to ensure equitable distribution of the resources amongst Iraqis.  As a sovereign nation, Iraq must control and make decisions about its own resources without U.S. interference.  Control of Iraq’s oil resources by the U.S. government would fuel suspicions around the world that the occupation of Iraq has been solely to ensure U.S. interests in Iraq’s petroleum resources.  Moreover, it will continue to promote mistrust among the citizens of Iraq by reinforcing the belief among Iraqis that waging the Iraq war was about U.S. oil interests.  This will undoubtedly promote ill will toward the U.S., and diminishes the safety of our troops and our standing within the global community.  U.S. control of Iraq’s oil resources serves to make our nation less safe, undercuts diplomacy and undermines U.S. foreign policy by depriving Iraqis of their constitutionally guaranteed right to their own resources.

I encourage you to join me as a cosponsor of H.R. 6710, the Oil for Iraq Liberation Act of 2008.  This important bill prevents U.S. based oil companies from development of and investment in the petroleum resources of Iraq.   Absent any legislation, oil companies like Halliburton and Exxon-Mobil could reap billions of dollars from Iraqi oil privatization.

The nations of the Middle East have chosen for decades to nationalize their oil resources, thus shutting out foreign oil companies.  Iraq has committed to continue this practice by constitutionally guaranteeing that the oil and gas resources of Iraq are owned by all the people of Iraq.  The United States must support the Iraqi desire to keep its own oil revenue.  H.R. 6710 will stop U.S. companies and individuals from profiting off of Iraq’s oil revenues and ensure that this money remains in the hands of the Iraqi people.

Sincerely,

/S/

Dennis J. Kucinich
Member of Congress

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Dennis Kucinich: This is Criminal!

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http://cspanjunkie.org/
October 20, 2008 C-SPAN

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Kucinich Questions Wall Street “Bonuses”

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by Congressman Dennis Kucinich
Washington, Oct 19, 2008

In Light of Recent $700 Billion Bailout

Congressman Dennis Kucinich (D-OH), chairman of the House Subcommittee on Domestic Policy, said today he will direct his staff to immediately begin canvassing Wall Street firms which have been recipients of any portion of the $700 billion in federal bailout monies to determine the extent to which those firms are distributing bonuses to firm members. Kucinich has been one of the leading opponents of the $700 billion bailout passed by Congress last month.

Kucinich was responding to a published report in The Guardian (UK), which reported Friday that top banks’ employees were in line for more than $70 billion in pay and bonus deals, an amount equal to about 10% of the bailout.

“When Congress placed restrictions on excessive executive pay, it had no intention of permitting business as usual with respect to bonus structures. It would add insult to injury to ask taxpayers not only to bailout a firm, but to pay for bonuses as well. The Guardian’s report necessitates an immediate inquiry,” Kucinich said.

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

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Information Clearing House
By Guns & Butter
Oct 8, 2008 Continue reading

The 35 Articles of Impeachment & the Case for Prosecuting George W. Bush by Dennis Kucinich

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By Congressman Dennis Kucinich
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Oct 13, 2008

With Additional Material by David Swanson and Elizabeth de la Vega

trade paperback edition • 156 pages • 5.5 x 8.5 • ISBN: 978-1-932595-42-0 • $12
Price: $12
PURCHASE A COPY

Feral House offers this important and urgent publication of Dennis Kucinich’s Articles of Impeachment this election season in two formats: an offset-printed paperback book available for the cost of $12 and a free downloadable PDF available below. Continue reading

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chadely2

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Dennis Kucinich: Why! Why! Why! + Paul: You’re Going To Guarantee A Depression!!!

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From the Nader campaign

[…]

But for now, we’re back at it, trying to derail the $700 billion Mother of All Bailouts.

The bill will be voted on by the House of Representatives tomorrow.

So, here’s what we need you to do now.

Call Congress’ main switchboard number at 202.224.3121.

Ask for your member of Congress.

(If the main switchboard number is jammed, you can Google your member’s name and find a direct dial phone number. If your member of Congress voted against the first bailout bill, you can find their direct dial phone number on this spreadsheet our staff just cobbled together.)

Tell the person who answers the phone to please take a message for your elected representative.

The message for your member of Congress is this:

Please vote against the bailout bill.

Call 202.224.3121.

Tell your member of Congress:

Please vote no on the bailout.

Let’s crank it up.

And get it done.

Onward to November

The Nader Team

see

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Updated: added another interview with Kucinich; scroll down.

Democracy Now!
Sept 29, 2008

“Is this the United States Congress or the Board of Directors of Goldman Sachs?” Rep. Dennis Kucinich Rejects $700 Billion Bailout

The House is set to vote today on a $700 billion emergency bailout plan for the financial industry. The proposed legislation was forged during a marathon negotiating session over the weekend between lawmakers from both parties and Treasury Secretary Henry Paulson. The 110-page bill would authorize Paulson to initiate what is likely to become the biggest government bailout in US history, allowing him to spend up to $700 billion to relieve faltering banks and other firms of bad assets backed by home mortgages, which are falling into foreclosure at record rates. [includes rush transcript]

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Dennis Kucinich: Is this the U.S. Congress or the Board of Directors at Goldman Sachs! + Sounds Like Insider Trading To Me!

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Dennis on Democracy Now: Rep. Dennis Kucinich Rejects $700 Billion Bailout

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