Oil Money: What does it buy?

During the oil crisis in the early 70's when the price of oil went up, the United States was selling large quantities of weapons to Iran. Did they jack up the price of oil just to finance these purchases. David Rockefeller (Standard Oil Co.heir) opened a bank branch in Iran. Donald T. Regan and Colin Powell were also involved at that time in helping the Iranians acquire and absorb these weapons. This was part of Nixon's strategy of containment.


Was all this a cooked up deal, to raise the price of oil so the Iranians could earn more money to buy more weapons from the U.S. and at the same time give the U.S. a strategic ally in the region?


But the question really is, what happened after that? What went wrong? Didn't they like the puppet leader we installed?


Could this be whats happening in Iraq now?Oil Money: What does it buy?
I believe during the Nixon era the Shar of Iran was in power. He was seen as a US ally against the USSR. Iran bordered Soviet states and oil at the time wasn't as much as an issue.


At the time, the region was still pretty much in the stone age. The Shar tried to bring many western values into Iran, which upset the Muslim conservatives. This religious unrest led to the Shar's overthrow and the Islamic fundamentalist takeover in the country.


The situation in Iraq today does closely parallel Iran in the 70s. Only difference is Iraq has an elected government whereas Iran in the 70s was a monarchy. That may or may not make a difference in the outcome. I believe it remains a fact that the entire scenario was too risky to have undertaken in the first place.Oil Money: What does it buy?
I think there is some truth in what you are saying. Oil bought the last presidency in the U.S. Like the person said oil finances those that want to hurt us. Yes, I think Iraq is somewhat parallel to Iran of the 70's. The Iraqi people are never going to accept a puppet government set up by George Bush, and they should have the right to form any kind of government that they want anyway even if George Bush doesn't like it.
Oil money finances those who wish us harm.
oil money buys weapons and nukes


and for what happened after that, it seems that the iranians have been fooling us to get this weapons, but now i have a question, Who gave them this weapons that we now say is a threat for us ?


I asked my little nieghbour's kid, he said'; I didnt give them anything';


So...


Is it you...?
Oil money buys whatever or whoever the people who control that money wishes to buy.