Ron Paul: It Had To Do With Oil


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Maverick Republican candidate, Representative Ron Paul of Texas, announced his belief that U.S. intervention in the Gulf, particularly Iraq, is about protecting the interests of the oil industry. He went on to criticize the tax breaks and other subsidies the U.S. gives to the oil industry.

He did, however, stop short of criticizing the oil industry for making large, windfall profits that the open market has generated.

His stance is sure to ruffle feathers within the part but is a widely held belief amongst many dissenters of the Administrations Iraq policies. You can see the ties to an oil agenda in the Administration's current demands that a continued U.S. presence in Iraq is contingent on Iraq privatizing their oil infrastructure under 30-year contracts which would be open to U.S. Oil companies to secure.

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