How the West will make a killing on Iraqi oil riches

Iraq’s massive oil reserves, the third-largest in the world, are about to be thrown open for large-scale exploitation by Western oil companies under a controversial law which is expected to come before the Iraqi parliament within days.

The US government has been involved in drawing up the law, a draft of which has been seen by The Independent on Sunday. It would give big oil companies such as BP, Shell and Exxon 30-year contracts to extract Iraqi crude and allow the first large-scale operation of foreign oil interests in the country since the industry was nationalised in 1972.

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Bill Gates, Warren Buffet, and Hooters

I was not aware of this:

(Atlanta, GA) While they surely don’t need the help, the world’s two richest men can now eat for free at Hooters restaurants. On Friday October 20, 2006 Bill Gates and Warren Buffet were presented with Hooters VIP Cards at a Hooters Restaurant in Kansas City, Kansas. The Cards entitle the gentlemen, who currently rank numbers 1 and 2 on the list of worlds richest, to free food at any of the chains 435 locations in 46 states and 20 countries exclusive of tip and alcohol.

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