Wednesday 2 September 2009

It looks like Gordon Brown is in the mucky stuff again!!

It is always fun when British politicians are found out to be less than full and frank over dealings. This has emerged in the Libyan affair where UK Premier and major Scottish politician Gordon Brown seems to be in the mucky stuff again. It just
was happenstance that the release of the Libyan official, who took the can for mass murder, helps further the interests of UK oil multinational British Petroleum (BP PLC).
I have to declare an interest since I am the holder of 266 shares in
BP.
In yesterday's Daily Mail there is an excellent article by Stephen Robinson on the Devil's Gold, where any connection with oil leads to corruption. Robinson highlights the example of Equitorial Guinea, which could have the per capita living standards of Spain, if the oil wealth was properly distributed.
http://www.dailymail.co.uk/debate/article-1210360/STEPHEN-ROBINSON-The-curse-devils-gold--Libya-deal-proves-oil-corrupts-touch-it.html
The Devil's Excrement was a description for the black stuff made by a Venezuelan minister, who was one of the early founders of the oil cartel OPEC.

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