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Bush and Singh using higher oil price to advance their agenda – offshore oil in US for oil companies and nuclear deal in India targeting $100 billion
It is interesting to find theleaders of the two largest democracies in the world trying to use higher oil price to gain leverage for their political funding sponsors. Bush and Dick Cheney are well known as agents of the oil company. They want offshore oil drilling lease for the oil companies while the oil comopanies and sitting on millions of acres of lmainland US with no drilling plans. Bush justifioes offshore drilling with higher oil price while casualy side steppinmg the question – why disturb the enviroment before drilling in the main land where oil reseve is plentiful. He and his administration is using political spin and their sleek propaganda machine to further the cause of the oil companies. Oil comapies want to gqin more lease to offshore drilling and sit on the same till they take oil to $300 a barrel.
Mnamohan Singh in India is playing more dirty game. He does not have fat oil companies or pharmaceuticals to provide him political funds. He and his party wants direct access to possible kickbacks on $100 billion that will be transferred from Indian hard earned taxpayers money to certain US companies.
Indian Ministry of Petroleum and Natural Gas seeks public support for the nuclear deal in the wake of concerns over soaring prices of crude oil. Carrying pictures of Prime Minister Manmohan Singh and UPA Chairperson Sonia Gandhi, the well-spread advertisement in leading dailies read, "the Nation now needs to unite and support the government for the economic growth and better future of the country".
Can US and India provide a guarantee that after the nuclear deal, India will purchase all its nuclear components from companies other than US? They cannot because it is no national security, urgency etc. – its all about big money.
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