Iraq Oil Corporation

If Lions could talk, there would be two versions told of the hunt. African Proverb.

Part of the problems in the middle east is caused by U. S. foreign policy. Most terrorist acts are caused by young, single, Muslim males, many who are poor. Because of polygamy many of these young males do not have a prospect for a happy and prosperous future. Since oil revenues have poured into the oil rich middle east countries, the kings and princes who control the tribal assets have become very wealthy. It is time the oil revenue is shared by all of the people of the country who produces the oil. This will reduce poverty in the middle east, therefore reducing terrorism.

I believe a private corporation should be created that would own the oil production and refining in Iraq. This should be applied in other oil producing countries, like Venezuela. People in the west do not like refineries in their backyards. The Iraq Oil Corporation would be owned by the Iraqi males over age 18. Each Iraqi male would receive 1000 shares of the new company. As younger males reached the age of 18 they would receive 1000 shares of the Iraq Oil Corp. Each owner would be prohibited from selling the shares for 5 years. No person or group or organization will be allowed to own more than 5% of the company. Each share should pay a sizeable dividend.

This plan will help young Muslim men be competitive in finding a wife. Under polygamy a man may have three wives. These men who have wives are usually better off financially. I heard a news story that Osama Bin Laden's father had 20 wives! This meant 19 other men, in a 50/50 male female population, would not have a mate. The possession of 1000 shares of the Iraq Oil Corporation that pays a quarterly dividend will help young men attract a mate. This will go a long way towards eliminating poverty in Iraq. It will also take away the hopelessness in a life of a young male who cannot hope to have many sons because of polygamy.

Since the young males of Iraq will be owners of the oil infrastructure it will be in their self interest to preserve the assets instead of blowing them up. This new ownership society will weaken the hold Islam leaders have on the young men. Religious dogma has its strongest lure when presented to the poor who have no assets. The poor only have hope, even if it is a hope in something that is only in the imagination.

The civil war in Iraq is about dogma. It is also about who will control the vast wealth. In most oil rich countries, a few at the top live very rich lives. They will pose in front of the cameras with a state built hospital or school in the back ground and bloviate about how great the state is, then when they leave they will go to their private palace that cost ten times as much as the hospital cost.

Bilbo Baggins