Oil spill sized profits in the other gulf


We notice oil spills, not because oil comes up missing, but when the accumulation overflows our ability to excuse it. What can we say about the embarrassment of riches piling up as development in the United Arab Emirates? It’s from oil profit, yes, but also reconstruction billions siphoned from Iraq and Afghanistan. On the heels of the loot follow the miscreants stashing it there, confident they can evade eventual US extradition. Halliburton is now headquartered there, and Blackwater’s Erik Prince is reported to be packing his bags.

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