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by RA – henrymakow.com (our Baghdad Correspondent) Oct 8, 2012

In the build-up to the Iraq war, the United States used Iraq’s alleged “weapons of mass destruction” to justify the decision to invade the country.
What were the real reasons for the war? What were the costs and benefits from the US point of view? 


1. Control of Iraq’s oil: Second only to Saudi Arabia, Iraq possesses more than 60% of the world’s known oil reserves, amounting to 115 billion barrels. Thanks to the war, American oil companies returned to Iraq, 36 years after Saddam nationalized them. Remarkably, when the war started, oil was just at $26.00 a barrel. After the invasion, prices kept rising to new heights and reached a record of $145.75 in 2008.
2. Preservation of the U.S. dollar as the world’s reserve currency: In late 2000, Iraq converted to the Euro in exchange for oil. Had an increasing number of countries followed suit and shifted away from the dollar, the U.S. would have been dealt a huge blow inflicted by a plummeting dollar.
3. Elimination of a threat to Israel: The centrality of Israel in any U.S. Mideast strategy is a foregone conclusion. Iraq possessed Scud long-range ballistic missiles which directly threatened Israel. In 1991, Iraq attacked two Israeli cities with Scud missiles. It was the first time Tel Aviv had been hit in the history of the Israel-Arab conflict. Saddam also doled out thousands of dollars to families of Palestinians killed in fighting with Israel. Toppling him stemmed a source of support to Palestinians and eliminated the direct missile threat.
4. Weapons field-testing: In real-battle mode, the Pentagon could use a long list of high-tech and newly developed weapons, such as the highly destructive nano-wave weapons, e-bombs, sensor fuzed weapons, laser weapons and agent defeat bombs.
5. War profiteering: The U.S. targeted the privatization of the Iraqi infrastructure by granting lucrative (no-bid) contracts to the likes of Halliburton, Blackwater, Chevron, Shell, Lockheed, DynCorp, and KBR, all of whom were unwavering supporters of the Bush administration.

Costs of the War

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