<<Shaken and stirred, imperialism is about PROJECTING POWER. All these other issues follow.>>
Nobody "projects power" unless there's something in it for him.
Oh I agree completely. And obviously there have been major profits made, anyone who says otherwise is simply looking the other way.
Let's look at Halliburton's 5 year stocks on the NYSE:
Not half bad, huh? The 52-week change was 23.35%. That's far better than the market average, that's for damn sure.
The privatisation of Iraq's economy by the Provisional Government mirrored the same "shock therapy" that Chile went through. The effects were similar as well. Iraq became a place for foreign companies to come in and take what they wanted, without paying a nickel in taxes to the Iraqi people. Their workers were immune from any legal standards set by the Iraqi Government (making Iraqi-owned businesses non-competetive).
Bechtel, a private engineering firm, had revenues that jumped quite nicely with their Iraq contracts from 2003 to 2006:
A 25.7% jump in revenues. Sweet!
Iraq provided a chance to experiment with the free market as well. Blackwater introduced the free market military. A military that, while expensive, also lacked any real accountability - a good thing for any empire that wants to try and preserve an image of "freedom," "liberty," and "democracy."
So, no...there were people who made fortunes in Iraq. Chances are that you'll never meet any of them and they represent a tiny percentage of the population of the United States, let alone the world. Just like California though, there was more there than just gold (or oil as the case may be) to make a fortune on.
Iraq is just another in the list to be added to Iran, Indonesia, Brazil, Chile, Korea, Vietnam, Greece, etc. I would not underestimate ideology playing a huge role in our imperialist adventures. It has nothing to do with liberty or democracy, but free markets and the neoliberal version of corporatism.