During the oil crisis in the early 70's when the price of oil went up, the United States was selling large quantities of weapons to Iran. Did they jack up the price of oil just to finance these purchases. David Rockefeller (Standard Oil Co.heir) opened a bank branch in Iran. Donald T. Regan and Colin Powell were also involved at that time in helping the Iranians acquire and absorb these weapons. This was part of Nixon's strategy of containment.
Was all this a cooked up deal, to raise the price of oil so the Iranians could earn more money to buy more weapons from the U.S. and at the same time give the U.S. a strategic ally in the region?
But the question really is, what happened after that? What went wrong? Didn't they like the puppet leader we installed?
Could this be whats happening in Iraq now?
2006-09-11
08:53:22
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5 answers
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asked by
Anonymous
in
Politics & Government
➔ Other - Politics & Government
I forgot to add Paul Volker
2006-09-11
09:12:58 ·
update #1