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whamo
 
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Default Iraq - Who wins and Who loses?

http://www.armytimes.com/story.php?f...59-1989240.php

While the troops are shortchanged, other special interest groups are getting
far better treatment in Iraq. President Bush's Executive Order 13303, issued
May 22nd, declares that "any attachment, judgment, decree, lien, execution,
garnishment, or other judicial process is prohibited, and shall be deemed
null and void" regarding the Development Fund for Iraq and "all Iraqi
petroleum and petroleum products, and interests therein." What this means is
if any American oil company touches Iraqi oil, its actions will be immune
from legal proceedings in the U.S. Tanker accidents, oil refinery
explosions, exploitation of local labor, air pollution-oil companies and
their executives cannot be held liable for any of these.

http://a257.g.akamaitech.net/7/257/2...access.gpo.gov
/2003/03-13412.htm


 
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